We are now in an era of IEO, where a lot of investors and traders are looking forward to participating in different IEOs in order to make their profit.
Just as much as we have seen a lot of them succeeded, does not mean it is a totally scam free means of token sale or marketing. Why because, there are some newly lunched exchanges, that have not spent so much time in the crypto space, yet are aspiring and already making moves to conduct IEO.
If you seriously desire to take part in IEO, which is a good move, either as a newbie and as an expert in trading and investment, limit yourself to exchanges that you trust, most especially those you have been using right from time or the top exchanges in the crypto space.
This is not an investment advise, but a warning to safeguard your assets.
Thank you so much for the information, I think it is needed in this time especially by newbies who are just coming into the Crypto space and just heard about IEO, the only way for now one can be scammed via IEO is to create an exchange with a lot of promises and conduct IEO to raise funds and then make away with the money, this is why we really need to be very careful before trying to invest in an exchange we don't really trust or know about, the best is to avoid new exchanges for IEO.