Initial Exchange Offering is the new bandwagon virtually all projects are jumping on thereby making it increasingly popular, as the days goes on. However, aside Binance, Binance, bitforex and probably Probit Exchange, I think other exchanges are just inflating the funds generated by projects on their launchpad thereby deceiving investors as well as future projects which might be considering doing IEO with them.

I wont like to be specific regarding the exchanges but the truth is these exchanges are just the bad eggs we need to get rid of in this industry. Unfortunately, some of them are top guns and thereby using that leverage in a deceptive manner.

So sad