Initial Exchange Offerings, or IEOs, have become extremely popular.IEOs are the new craze, connecting promising projects and eager investors, following the Initial Coin Offering (ICO) mania of 2017/2018.
In 2019, Initial Exchange Offerings (IEOs) have become extremely popular.IEOs are becoming a new mania that is capturing the middle ground between promising projects and eager investors following the Initial Coin Offering (ICO) craze of 2017-2018.
IEOs are fascinating events.They are more accessible than security token offerings (STOs) and more secure than initial coin offerings (ICOs), and the IEO platform conducts particular due diligence prior to listing the projects.Millions of dollars are raised in a matter of seconds, platforms are overbooked, and promising new projects and coins enter the cryptoverse as a result of investors' increased confidence in the projects.
In our guide titled "What is an IEO?" we have counted more than 32 IEO platforms. Desirable characteristics of IEO platformsEach of them is unique, and some are superior to others.Keep in mind that the majority of exchanges have a financial incentive to launch as many IEOs as possible because doing so makes them a lot of money.A fundamental question arises as a result: which IEO platforms are the best?
When selecting an IEO platform, these are the most important considerations:
Reputation of the platform or exchange.When selecting an IEO platform, the most important considerations are the exchange's credibility and reputation.You need to have complete faith in exchanges because they vet all IEO projects.All IEO profits come from eager investors like you, and IEOs offer the exchanges lucrative opportunities.As a result, you need to look for exchanges that aren't just interested in selling useless tokens but rather in the quality of the projects.Always conduct independent research (DYOR).
Utilization easeIt should not be difficult to participate in an IEO.IEOs, in contrast to ICOs, are mediated by exchanges; consequently, it is their responsibility to make it accessible to even inexperienced investors.
Liquidity.A lot of investors should be willing to trade the token on a good IEO platform.Keep in mind that an IEO token goes live almost immediately after the IEO, so you should make sure you won't have any problems selling it later.
Stability and safetyThe IEO platform needs to be sturdy and safe because it attracts a lot of investors from different backgrounds.No one wants to put their money at risk with an unprofessional exchange that is susceptible to a wide range of cyberattacks, technical issues, and poor performance.
Support for multiple coins.Exchanges are increasingly using IEOs to boost the value of their native token.However, since the majority of investors don't want to be restricted to just one or two coins when investing, having a variety of options is definitely beneficial.