Post
Topic
Board Announcements (Altcoins)
Re: WAVES - Complete Blockchain ecosystem for a token economy
by
alt213
on 26/04/2019, 16:40:28 UTC
IEO's are even worse than ICO's

Just another name for the same thing, though this time the exchange makes more profit
IEOs , especially scam IEOs are much worse then ICOs, because it is likely double scam. Why do I use the phrase double-scam here? First, scam exchanges started their platforms to catch money of traders, their money will stuck on scam exchanges when those exchanges turn into scam exits; second, they started IEOs for their exchanges in order to catch another flow of money from investors, whom have interests to invest into their scam platforms (investors don't know platforms they invest their money are potential scam ones). That is why I use the phrase 'double-scam IEOs' for scam exchanges.

Absolutely right! Less than 5% ICOs survived and delivering product and the rest turned to indirect scam exit, The actual bear market is mainly caused by ICOs, Same scenario will happen to IEOs because What does easy come! easy go... IEOs projects gather millions of dollars in few seconds with no guarantee to deliver product or exact time frame which product will be fully operational ,what you get in exchange is just ERC20 token which its value drop by time, I'm not really a big fan of ICOs or IEOs because last three years proved that ICO was just a scam in legalized way.