With recent happenings in crypto currency regarding token sale, i think icos are beginning to find their feet because binance conducting the crowdfunding event for BitTorrent and Fetch.AI has raised the hyped again. And now, Bittrex has also announced a crowdfunding event too, an IEO, so can you give your opinion on whether IEO or ICO will survive on the long run
I think ICO / IEO will never die, but it will continue to evolve, considering the cryptocurrency industry is very much in demand.
My thoughts about initial exchange offering is that it will continue to excel and bring success to the crypto space. Unlike initial coin offering, where an investor will have to wait for a long time before trading his investment. There is also some sort of security because most big exchanges do their due diligence on a project before launching it.
Although IEO is currently better than ICO, but there is no guarantee that it will last forever. Because there are plenty of cunning people out there who always take advantage of a few gaps for personal gain, and in the end IEO will be smudged like ICO.