The Initial Exchange Offering (IEO) boom can be seen in a wider sense as venture capital (VC) and private equity space.

LATOKEN is a cryptocurrency exchangeb which aimed to satisfy those who prefer a very wide range of coins to trade with low fees
 It was launched in 2017 and in October of that year completed its ICO, raising $19.6M in Ether by selling its LA token. To this day, LATOKEN have not provided concrete evidence or documentation that presents viable token economics which justify the value of the token and its title of "utility token", So it's at your risk