Post
Topic
Board Altcoin Discussion
Re: IEO is not that bad as stated
by
malikusama
on 09/05/2019, 20:06:06 UTC
My own reasons why I think IEO is better than ICO

1)IEO projects are legits ,scam free but
 i) don't always expect the IEO tokens to double after IEO instant sell out ,many are complaining about IEOs losing value I think this is possible and normal too

2) IEO is here to fix scam issues only don't expect that all IEO will be a success on the long run,they might still fail but far from scam like ICO projects

3) it's wise to do better research even if the IEO is launching on binance ,don't just invest because the IEO is from popular Exchanges because what the project is introducing might not even make lotta sense

Although IEO will solve scam issues which exists in ICOs but still i don't appreciate the idea.
The reasons why i don't support IEO are :
1) Influence of money on exchange listing, more money for better exchange listing.
2) It will demoralize the potential and promising projects.