Re: Why IEOs Came Into Existence?

Quote from: profitgenerator212 on May 19, 2019, 05:02:04 PM

Quote from: Bttzed03 on April 09, 2019, 08:24:03 AM

Have you ever thought of this before?

When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing.

Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees).

So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income Grin

What's your take on this?

You are right. My first knowledge of IEOs came from Latoken and Probit but was popularised by the big exchanges when they found out it has become more successful than ICO in terms of fund raising

IEOs have many other benefits other than the fund raising facility as well and are much more profitable than ICOs. Additional benefit is its third party uses or authority which is the exchange itself between the project and the user. There is no need to worry about certain scams or issues which sometimes exist in the ICOs but are not found in IEO. It is in our benefit and we should get the benefit of these projects.