Post
Topic
Board Altcoin Discussion
Re: ICOs vs IEOs?
by
bryant.coleman
on 17/09/2019, 01:11:26 UTC
there are so many ico i have been part of but nowadays there are a trend is coming in the way of IEO. But i can not figure out why? because IEO is already have tokens on exchange that is why or is there any other reason?

What thoughts you have about it ?

The first thing that you might have noticed is that the number of IEOs getting listed per month is much lower than the number of fersh ICOs, when the ICO market was as its peak. During 2017 and 2018, on average there were 200 to 300 ICOs entering the market every month. With the IEOs, this has declined to 15 to 20 per month, as the steep listing fee is preventing the listing of a lot of new entrants.

This can have both advantages and disadvantages for the cryptocurrency market. The advantage is that many of the exchanges have strict KYC requirements and therefore the scammers may think twice before going ahead with the scam IEOs. Also, the listing fee can be anywhere from a few thousand USD to a few million USD. This will prevent the entry of projects from promoters who are not serious. One disadvantage is that if someone can't afford the listing fee, then he'll be forced to shelve his project.