Post
Topic
Board Altcoin Discussion
Re: Is IEO better than ICO?
by
Silviapold
on 08/05/2019, 19:14:29 UTC


I think the most important is for the coin or token to actually have a use case or product, otherwise, it's just another decentralized coin that you can trade and we already have them in the market.

But, I think IEO is better than ICO, because to me with ICOs there are lots of scammers and from my experience, it is very hard to prove or be sure in the legitimacy of the project.
But with IEO there are procedures a company has to go through before the launch and it kind of gives me the courage to trust these projects a bit more.
For example, the https://yanu.ai/ IEO is trustworthy and they have a very nice Candybox campaign for token holders, a real product with a real-life use case Smiley
Hoping that IEO will have a huge difference away from ICO performance knowing how bad it shows to us, full of Ponzi scheme project and causes the market to fall. Everyone will look IEO will be profitable but we can't still pronounce it until it is proven since it is just not long have been launch.



Kinda true though, IEOs are still very new. That's why I look the value and purpose of the project when investing. And Yanu really has the real product and a lot of potetnial to grow Smiley
You really should understand that the information provided about the new project should not be perceived by investors as one hundred percent true document.  Fraudsters always knew how to deceitfully sophisticated.  K I think that the new development concept for the IEO project will soon be more relevant than the company's ico.


Yes, of course, you can't perceive the information as one hundred percent true, but I have checked my facts and the company CEO does monthly updates about the process of the project, I have been keeping an eye on that and the first prototype is basically ready. I have so far believed only in Bitcoin, but Yanu has changed my mind, I have looked through all of this and done my research. Plus the company is from my country which doesn't have many crypto projects (I think this is the second one besides CoinMetro) and there are many public figures involved in this project and if it was a scam in any way, it would already have been a major scandal and in news in this country (Estonia is very small and scams come out instantly)