COLLECTIVE HAS SWITCHED FROM ICO TO IEO

cjkalu (30)in #collective • 5 years ago

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The creation of crypto-currencies has actually been a blessing to the world system, seeing at it has revolutionized the global financial system...
It even has the potential to do more, if given the needed support.

In the quest to support and adopt the crypto-currency, a lot of other projects has been created, in order to ensure that there are numerous coins for the users to choose from.
But in order to brings this coins to reality, this companies needed a means to fund their project, hence the creation of the ICO (Initial Coin Offering) funding system.

Using the ICO method of raising funds, the new projects offers some of their coins to investors in exchange of the funds they needed to power up their project.

This ICO method has being a great way of ensuring that the projects pulls through successfully, and that the investors gain heavily from their investments.

But this great benefits of the ICO was short lived, due to the fact that a lot of other dishonest projects came up, faking ICO, with the aim of scamming the investors....
And to worsen the case, it became almost impossible to distinguish between good projects and bad ones, so investors are discouraged by this.

So you see?, It didn't just affect the investors but the honest projects too and the crypto-currency market at large.

This has for long stagnated the crypto-currency market, but not anymore, because........

A GUARANTEED APPROACH OF RAISING FUNDS IS HERE, IEO

In the quest to make the crypto-currency market mobile again, and create a profitable trade for the investors, a better way of raising funds was created.

IEO (Initial Exchange Offering) is a method of raising funds which is considered to be better and more transparent and efficient than the ICO.

The company looking for funding, goes to an exchange, which will serve as an intermediary between them and pays a listing fee.

After verifying that the project is genuine, the exchange now calls out to investors with the interest of funding the project, and the whole process is overseen by the exchange involved.
This eliminates the shadiness which had plagued the previous method, and ensure that the investors know what they are funding and its success rate.

The best part is that the IEO method qualifies the project of getting listed, as the exchange will carry out the project listing......
So this solves the problem of " will the project get listed or not?" that keeps on brewing in the minds of the investors and the supporters of the project.

This are just a piece of the cake when it comes to the benefits that the IEO gives its participants.

Now the good news..........

THE COLLECTIVE, ADOPTING A SUPERIOR FUND RAISING METHOD, IEO

The collective is a community management system, which utilizes the blockchain technologies to create a powerful exchange and develop other great features.

In addition to the level of success experienced by the collective, it has decided to switch from the ICO funding method to the IEO method.

This is as a result of the fact that it has come to experience the great benefits of the IEO funding method and wants to give its investors and supporters the best, so as to let them enjoy the great things that IEO has to offer.

The Collective IEO will be launched on Chaincreator exchange, come 6th of may and allows for Pre-Registration starting from 1st of may.
The IEO will be concluded towards July 15th,2019.

The IEO will be used to fund The Collective products such as....