Re: [ANN] Timvi Official – an ecosystem of services and a TMV stablecoin
Indeed, about 90 percent of all projects that enter the market do not have a finished product or are simply technically unprepared. It is a pity that there is no way to control this process. And Timvi, I wish you success in development.
The matter is that conduct IEO and collect some money it is necessary to have the product. The owners of the platform launch the product to show during IEO that they have an MVP. And only after the IEO they start to check their platform and improve it.
People conduct IEO to collect money for future development. That is why they launch the MVP to show how the product will look like and how it will work. If they would have money for development they would not conduct IEO.
Now all startups are conducting IEO. Promising and technically complex projects must have investors
Tell me, is there a big difference in conducting an ICO and conducting an IEO? I know that IEO is carried out on exchanges, but what other differences are there I dont know
Initial Exchange Offerings (IEO) is an initial investment collection event administered by a cryptocurrency exchange. Unlike the traditional Initial Coin Offering (ICO), the IEO startup team does not launch a fundraising platform and does not conduct it, but undergoes a financial and legal check on the exchange.