Post
Topic
Board Altcoin Discussion
Re: Scammers ruin ICO fund raising
by
Teraboy
on 15/08/2019, 16:23:13 UTC
If ICO wasnt been plague by scammers acts ICO will way better than IEO, ICOs are programmed to run on the projects very own website and no any third party involvement at all so any fund raised will go directly to the dev or project team, no loss of funds to scam exchanges,after some successful IEO fund raise on some exchanges they dont bother to send the funds back to the project teams
When that ico used trusted member in this forum as escrow and that cna be trusted.
But it looks like IEO is starting from ICO dude and exchange site will be offering a good offer to the good ico only.
But ICO already lost transparency and this make a lot of people are thinking about bad opinion on ICO.
So many scammers are abusing this kind of fundraising but with IEO and it much better right now.
I hope exchange site will consider to hold the amount even longer.