Post
Topic
Board Altcoin Discussion
Re: IEO is much effective than ICO nowadays.
by
kingzpro
on 05/12/2020, 15:30:23 UTC
Good day everyone, I've been back here and now there is a lot of new things here. Also about the funds raising strategy. Nowadays IEO is the most very effective fund raising today. Also because the exchange holds the token and they distributed after the token sale. And also this kind of token sale is favor to an exchange. But I saw some errors or false about IEO. There is token sale for example on LATOKEN exchange, That exchange (LATOKEN) sell the token (IEO) but in the end they will not list on their exchange so for me that is not good. What if the token is sold out? And its not listed on that exchange mentioned. So how the traders/investors will get the profit? Also very risky right? What do you think guys?
Now we are also seeing Initial Dex Offerings IDOs which is just a new method to raise funds on decentralized platforms but i think the risk is higher even if we compare them to icos because there is no verification of anykind and anyone is open to do it which is hurting the reputation of defi market as well. I think IEOs are the best as we can be sure of quality projects at top exchanges.