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
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
Just out of curiosity, what makes a IEO scam free? Do you know that "IEOs" existed for some years on Yobit Exchange? Go check how all their IEOs ended...
That's right, I also noticed that things mate. Probably, only this time that IEO became popular due to the community here in this industry realized that using IEO is much safer than ICO. Because of the ICO after the project finished the exchange listing has taking so long while in the IEO is fast and the coins has already an exchange.
I understand, so you're saying IEOs are just guaranteed to get listed on the exchange. What happens if the "IEO" team and/or someone buying their coin during private sales dump everything to 0 as soon as trading opens? I still see it as a guaranteed way to lose money.