Lately, there is a surging interest of many investors for IEO (Initial Exchange Offering) projects and many are reporting good profits or ROI for their investments. There is an ongoing IEO for a good project in the Binance Launchpad and you have to be on the lottery for the chance to buy the coins. Other similar exchanges are reporting good reception of projects under the IEO label.

So what is IEO? In its simplest term, this has the same principles surrounding the ICO platform but here an exchange is given the vast role in the whole crowdfunding process. In ICO, the main players are the developers and the token buyers but here in IEO one more party is involved and that is the exchange, of course.

So why more and more people are trusting the IEO more than ICO? Simply because the project is capitalizing on the platform and reputation of the exchange. This is quite advantageous to project developers as they can easily tap the vast resources and membership of the exchange and on the part of the investor they are assured of almost instant trading option for the tokens or coins bought.

Just like the ICO which is now a much-maligned platform due to many scams and failed projects, there are many advantages and maybe some disadvantage of the IEO option. Do you see this as the killer and replacement of the ICO?