Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on May 18, 2019, 02:06:06 PM
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Sometimes, many new ideas or inventions, will at the short or long run encountered certain advantages and disadvantages. The new trend of token sales could be good an example, like some crypto exchanges, which use IEOs as an occasion to push sales and use of their own native tokens, either by making IEO issuers raise funds using their exchange token, or requiring IEO traders to have large balances of their native token to participate in sales.
Do you think that there could be some drawback now or in near future?
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For now, I see the IEO does not have flaws or weaknesses, this method is very effective in raising funds but not 100% and of course there are risks.
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Drawback: Investors will also lose interest just like how they lost interest on ICOs. Exchanges offering IEOs may have provided better security but they have no control on the performance of the project after IEO. As of now, I'm seeing an increase of disappointed investors in various IEOs.
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I don't think there is anything that is perfect. Despite the convenience offered by the IEO, there must be weaknesses behind it. If in fact IEO is better than ICO.
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all programs must have advantages and disadvantages, for now the IEO is still fairly perfect, there are no weaknesses for investors, we will look at it for the next 3-4 months after all projects have switched to IEO
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IEOs projects, ICO projects there are no free risk of losing money in cryptocurrencies, because however they are something new in the world it is mean they are start up in the businesses. For bad example about the the IEO is can read on here https://news.8btc.com/worlds-first-ieo-exit-scam-yescoin it is proof that there are no free risk of investment in cryptocurrencies, so will be better to learn more about the IEOs or ICOs projects before making investment in them, it is more better than saying the IEOs is more better than ICOs.
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U guess we have had a lot of post on IEO, my point still remain that is not different from ICO, it is just another form if ICO using exchanges as a way out.