An IEO is launched and managed by an existing exchange to offer tokens to investors.
Initial Exchange Offering spend only centralised exchanges like Binance, FTX, Coinbase, Kucoin, Bybit, Phemex etc. Every CEX has its own rules. Most of them don't allow conduct next investing rounds in other places.
December 14, 2017
Binance announced its 1st IEO on their platformwebsite: GIFTO.
December 14, 2017
Binance announced its 1st IEO on their platform: GIFTO.
Initial Exchange Offering spend only centralised exchanges like Binance, FTX, Coinbase, etc. Every CEX has its own rules. Most of them don't allow conduct next investing rounds in other places.
The objective of ICOs and IEOs are essentially the same, which is to offer tokens to a large group of investors. An IEO is basically an ICO except that it is launched and managed by an existing exchange instead of the organization that created the token. The exchange holds and sells the token on behalf of the project team. This small change has significant effects on the entire process.
IEO has replaced ICO (Initial Coin Offering) as it allows solving the main problem - getting rid of fraudulent money-raising schemes. If in ICO each team, including fraudulent ones, can attract investors' funds only with the help of an advertising campaign, then in IEO it is required to pass verification from the centralized exchange (CEX), which comprehensively evaluates the project. This IEO is very similar to the listing process on a regular exchange.
However, IEOs are often criticized for the extremely biased attitude of crypto exchanges towards new projects. Often they put forward the requirement to trade only on their platform, to have a sufficiently large level of funding (even before the launch of the IEO), etc., which seriously limits many projects. Therefore, IEO has recently been replaced by Initial Dex Offering (IDO) is a new way to attract investors' money to crypto projects. The main difference from ICO is that the project is listed on a decentralized exchange (DEX).
What Is an Initial Exchange Offering (IEO) and How It Differs From ICO?
Nikola Baldikov
Web
April 30, 2019
How To Launch Initial Exchange Offering (IEO)?
Akash Takyar
Web
May 14, 2019
IEOs require users/contributors to purchase the tokens by creating an account on the Exchange platform. The project team needs to meet and comply with the exchange's platform requirements to initiate token sales. The token sale is performed on the exchange platform.
In IEO, the token sale is performed on the exchange platform. Therefore, do not forget to mention the exchange platform where you are going to launch the IEO project.
After the tokens are listed on the exchange platform, you can market the project to reach potential investors and gain traction. To promote the IEO project, you can run below-mentioned marketing activities.
May 13, 2019
1.5 billion TOP tokens were sold in full, successful orders taketook one second on average to proceed, transactions taketook 7 seconds, 5 seconds and 7 seconds respectively in each round to complete, about 130 thousand people worldwide have participated and 3764 people have purchased.
April 23, 2019
Status raised almost $100 million with the ICO in a day. Participants were only able to use BNB tokens for the FET sale, which generated $6 million dollars for 69 million tokens within 22 seconds.
March 2019
February 2019
Bittrex announced its first IEO in February 2019.
2014
An IEO is launched and managed by an existing exchange to offer tokens to investors.
Many of the top exchanges who are hostingLaunch Initial Exchange offering ( IEOs) have different requirements that involve holding or using their own platform tokens in order to participate in the IEO. By creating this condition, exchanges create demand for their internal tokens, which increases its value.
As the name suggests, Initial Exchange Offering is performed on the platform of a cryptocurrency exchange. In IEO, a crypto exchange functions as a counterparty and seeks to raise funds on behalf of companies. Developers mint the tokens for startups and send them to exchange where investors can buy tokens.
IEOs require users/contributors to purchase the tokens by creating an account on the Exchange platform. The project team needs to meet and comply with the exchange's platform requirements to initiate token sales.
In IEO, the token sale is performed on the exchange platform. Therefore, do not forget to mention the exchange platform where you are going to launch the IEO project.
After the tokens are listed on the exchange platform, you can market the project to reach potential investors and gain traction. To promote the IEO project, you can run below-mentioned marketing activities.
May 13, 2019
1.5 billion TOP tokens were sold in full, successful orders take one second on average to proceed, transactions take 7 seconds, 5 seconds and 7 seconds respectively in each round to complete, about 130 thousand people worldwide have participated and 3764 people have purchased.
March 2019
2014
What Exchange Offerings (IEOs) are & how they differ to ICO
An IEO is launched and managed by an existing exchange to offer tokens to investors.
What Exchange Offerings (IEOs) are & how they differ to ICO
The objective of ICOs and IEOs are essentially the same, which is to offer tokens to a large group of investors. An IEO is basically an ICO except that it is launched and managed by an existing exchange instead of the organization that created the token. The exchange holds and sells the token on behalf of the project team. This small change has significant effects on the entire process.
Many of the top exchanges who are hosting IEOs have different requirements that involve holding or using their own platform tokens in order to participate in the IEO. By creating this condition, exchanges create demand for their internal tokens, which increases its value.
The exchanges benefit in that they receive new interest from those people who want to invest in the IEO, but were not already on their platform. Essentially, both the exchange platform and the IEO project are promoting each other in a way that wouldn't have happened during a normal ICO.
April 23, 2019
Participants were only able to use BNB tokens for the FET sale, which generated $6 million dollars for 69 million tokens within 22 seconds.
An IEO is launched and managed by an existing exchange to offer tokens to investors.