Crypto Industry's IEO Trend: What You Need To Know Before You Jump In.

One of the most popular trends that came out this 2019 is IEO's or Initial Exchange Offerings. There are a lot of advantages comparing it with ICO's, ICO's just swept the crypto industry back in 2017 and eventually dwindled because of regulations and its own vulnerabilities. To briefly mention the advantages of IEO's over ICO's, one is streamlined services which is a big benefit for the users, you do not have to do KYC again as it is already on your favorite exchanges, another is that they are already pre-qualified by the exchanges which means less scams than ICO's.

Buts since it is still a start up, it is still high-risk reward ratio investment. And during its developments there can be a lot of disappointments along the way on its delivery and the investors or token purchasers especially the hodlers has to be educated and ready for this. This can also be centralized as this is run and facilitated by the exchange itself which may run counter intuitive to the very decentralized principle of blockchain itself.

Here is an interesting take by Michael of Boxmining on his view about IEO's, listen especially on the first part of the video where he discussed about this topic.

One of the most popular trends that came out this 2019 is IEO's or Initial Exchange Offerings. There are a lot of advantages comparing it with ICO's, ICO's just swept the crypto industry back in 2017 and eventually dwindled because of regulations and its own vulnerabilities. To briefly mention the advantages of IEO's over ICO's, one is streamlined services which is a big benefit for the users, you do not have to do KYC again as it is already on your favorite exchanges, another is that they are already pre-qualified by the exchanges which means less scams than ICO's.

Buts since it is still a start up, it is still high-risk reward ratio investment. And during its developments there can be a lot of disappointments along the way on its delivery and the investors or token purchasers especially the hodlers has to be educated and ready for this. This can also be centralized as this is run and facilitated by the exchange itself which may run counter intuitive to the very decentralized principle of blockchain itself.

Here is an interesting take by Michael of Boxmining on his view about IEO's, listen especially on the first part of the video where he discussed about this topic.

Also for the basic information what is an IEO, please visit this article: https://coindoo.com/what-is-an-initial-exchange-offering-ieo-is-it-the-new-ico/

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