Quote from: MirkoIta on May 07, 2019, 07:56:34 AM

Quote from: Bitbtc8 on May 07, 2019, 07:45:14 AM

My own reasons why I think IEO is better than ICO

1)IEO projects are legits ,scam free but
i) don't always expect the IEO tokens to double after IEO instant sell out ,many are complaining about IEOs losing value I think this is possible and normal too

2) IEO is here to fix scam issues only don't expect that all IEO will be a success on the long run,they might still fail but far from scam like ICO projects

3) it's wise to do better research even if the IEO is launching on binance ,don't just invest because the IEO is from popular Exchanges because what the project is introducing might not even make lotta sense

Just out of curiosity, what makes a IEO scam free? Do you know that "IEOs" existed for some years on Yobit Exchange? Go check how all their IEOs ended... Wink

Applying for IEO, project has to provide some legal documents, such as legal opinion document stating that the token or coin is not a security product or instrument under applicable laws, to pass KYC process, sometimes to register the legal company. KYC and registration can ensure the investors in transparency, but not in full extension. Besides this investment can always come to zero price - no one can guarantee, that participating in IEO will be profitable.

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