Post
Topic
Board Altcoin Discussion
Re: IEO is much effective than ICO nowadays.
by
wxa7115
on 26/09/2019, 17:30:27 UTC
Good day everyone, I've been back here and now there is a lot of new things here. Also about the funds raising strategy. Nowadays IEO is the most very effective fund raising today. Also because the exchange holds the token and they distributed after the token sale. And also this kind of token sale is favor to an exchange.

snip
Honestly I do not care which method is the best for the developers to raise money, that is their problem, as an investor your problem is to identify a good project that has a real use case and that can eventually become popular among the members of the community, now some may say that it is important that the developers get enough money to develop their projects and that's true but most the time they ask for too much money.

If satoshi could develop bitcoin and not ask a single dollar from anyone why should the developers of a coin that is more limited in scope need 10 or 20 million dollars to develop their project? That doesn't really make sense to me.