Post
Topic
Board Altcoin Discussion
Re: IEO is not for crypto startups
by
imstillthebest
on 15/06/2019, 09:56:37 UTC
In my opinion, IEO is not for crypto startups that are seeking funds to kick start their project but for projects that have raised capital already or have rich advisor and team to fund the project. Fund-raising through IEO can be very challenging for startups that need money to kickstart their project, because they will need large amount of money to conduct their tokensale on good exchanges, as this exchanges only list projects that meet their legal requirements and can also afford to pay their listing fees. So the best means to raise money or capital for new projects is to present their proposal to Venture capital firms or Angel investors.

I think IEO can used for new project to raise the funds. IEO is just like ICO, the different thing is IEO held and administered by exchangers not by developers team. Its good to invest in IEO now because most IEO from big exchanger can give good profits

yes, IEO and ICO are actually projects with the aim of collecting funds from investors to launch their goals. there is only a difference in how it works. The IEO has gained public trust including investors and I don't think ICO will die even though many of us think that ICO is fraud.

you cant generally say that ieo have gained trust because not all ieo are legit , im sure that in the future there will alot of new exchanges that will create thier own ieo but speaking of gaining trust i can say that ico is more trustable because ico is older than ieo but of course not in general because not all ico are also legit  . ieo and ico both have pros and cons   , its only up to the investor if where is he more comfortable with .