A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
I think so many people have make scam with professional by IEO, why I have opinion like this because almost people lost investing with great IEO listed on Binance or bittrex exchange, they trusted will give much profit after investing on Binance or Bittrex IEO project investment, after listing IEO coin have lower price and investor faced with lost investing on IEO exchange project.
Same scammers that used ICO's are now using IEO's. I think in everything good we can find some bad things. There are ways
for exchange to control new projects, but some professionals are so good at making good looking scam project, and even for
exchange team is hard to reveal them.
We can blame others for our mistakes, but we are the ones who press buy button in some moment. We decide to invest or not
we can't blame others cause our wrong investments.