Post
Topic
Board Altcoin Discussion
Re: Scammers are focusing on IEO Funds
by
flemmings02
on 11/08/2019, 21:57:50 UTC
IEOs are becoming a threat to those who rely on choosing project from any exchanges,low rated exchanges have already joined the IEO rollercoaster and projects funds are been raised through these low rated exchanges which to me is a very dangerous risks for anyone who invest in projects from low rated exchanges or even new exchanges.

Do not forget that many new projects are coming into crypto space focusing only on the funds they will raised through IEO/ICO
Of course investors will be interested in choosing IEO in large exchanges like BINANCE.  Only novice investors are victims of nonsense and unclear news who invest in IEO in low-volume exchanges.

It is not only Novice that are risks of getting scammed but every potential investors, Binance have also run several IEOs that ended up dying few days after trading is enabled, do you think it is only novices that invested in them. The best way is for all exchanges to make sure they don't list shitty or scam projects.