Ninjastic
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Board Altcoin Discussion
Re: Are IEO's bad?
by
Lexurdania
on 03/05/2019, 07:51:30 UTC
Quote from: sirohige on May 03, 2019, 07:37:02 AM
Quote from: Sacramentus on May 03, 2019, 04:13:04 AM
Quote from: MadGamer on April 30, 2019, 03:45:10 PM
My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.

An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.

Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?

IEO are not totally bad, I said so because investors might face some hiccups on some IEO offering. But so far I see it as a more better option than the ICO so I suggest you look at the positive side of the IEO which I believe is more than the negative
I think the IEO is the best fundraising method for now because when you saw some time ago you had a fundraising method using ICO and now there are many cases of ICO being used for fraud places so I think the IEO is now better.

Indeed, in the middle many scam ICOs, IEOs could be an alternative. IEOs give certainity for investor on the token get listed in exchanger. But i am agree we should not compare between IEO held by Yobit and IEO held binance because the different very huge.