Post
Topic
Board Altcoin Discussion
Re: IEO still standing strong as ever
by
AliMan
on 05/11/2020, 23:55:21 UTC
Is there any new fundraising strategy that can defeat IEO? I believe that IEO will last longer because it's capable of giving confidence to the audience, they have something to put their confidence on and that's top exchanges, look how profitable binance launchpads are over the few years, who would thought IEO could be this strong today? I made some money from binance launchpads since I'm terrible at trading, if you are like me then top exchanges IEO launchpads can do wonders .

Most of the good projects gather fund in their private sale from some big companies and just hold a few amounts of their tokens in IEO or ICO , because they don't want some newbie buyers in IEO dump their tokens and dump the price, good companies are aware of that and some of them just do yield farming with vesting to prevent that.

That strategy is somewhat effective compared with previous situations of a certain project like those times in 2017. There's a huge impact of dumped price value, and hopefully this will sustain in  upcoming years. Bad companies or non legit projects will be eliminated with this type of management, because scammers won't be able to create a deceptive acts towards every investors.