{"id":1307,"date":"2019-06-19T14:47:33","date_gmt":"2019-06-19T12:47:33","guid":{"rendered":"http:\/\/blog.satt-token.com\/?p=1307"},"modified":"2019-06-19T14:47:33","modified_gmt":"2019-06-19T12:47:33","slug":"what-is-an-ieo","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/1307","title":{"rendered":"What is an IEO?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_32 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table des mati\u00e8res<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table des mati\u00e8res\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/satt-token.com\/blog\/archives\/1307\/#After_the_huge_explosion_of_ICOs_and_STOs_IEOs_have_been_quite_the_trend_lately_as_a_popular_fundraising_module_among_cryptocurrency_gurus\" title=\"After the huge explosion of ICOs and STOs, IEOs have been quite the trend lately as a popular fundraising module among cryptocurrency gurus.\">After the huge explosion of ICOs and STOs, IEOs have been quite the trend lately as a popular fundraising module among cryptocurrency gurus.<\/a><ul class='ez-toc-list-level-2'><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/1307\/#An_alternative_fundraising_method_for_cryptocurrency_projects\" title=\"An alternative fundraising method for cryptocurrency projects\">An alternative fundraising method for cryptocurrency projects<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/1307\/#A_new_craze_with_different_advantages\" title=\"A new craze with different advantages\">A new craze with different advantages<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/satt-token.com\/blog\/archives\/1307\/#How_to_trade_with_it\" title=\"How to trade with it?\">How to trade with it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/1307\/#In_conclusion\" title=\"In conclusion..\">In conclusion..<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"After_the_huge_explosion_of_ICOs_and_STOs_IEOs_have_been_quite_the_trend_lately_as_a_popular_fundraising_module_among_cryptocurrency_gurus\"><\/span>After the huge explosion of <a href=\"https:\/\/blog.satt-token.com\/blog\/2018\/07\/30\/what-is-an-initial-coin-offering\/\">ICOs<\/a> and STOs, IEOs have been quite the trend lately as a popular fundraising module among cryptocurrency gurus.<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"An_alternative_fundraising_method_for_cryptocurrency_projects\"><\/span><strong>An alternative fundraising method for cryptocurrency projects<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>An<strong><em> Initial Exchange Offering (IEO)<\/em><\/strong> is a token sale based upon an exchange which is assured by a crypto exchange p<span style=\"font-size: 1rem\">latform. This platform plays the role of a middleman as the money is transferred to it rather than the project team and the token reward is also assured by this same intermediate.<\/span><\/p>\n<p>But what kind of relationship is there between the project team and the crypto platform?<\/p>\n<h1 style=\"padding-top: 0px\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1387 size-large\" src=\"http:\/\/blog.satt-token.com\/wp-content\/uploads\/2019\/06\/Mask-Group-1024x638.png\" alt=\"\" width=\"525\" height=\"327\" title=\"\"><\/h1>\n<p>Well, before starting the fundraising process, the platform team and the project team agree on certain terms and conditions after the platform team reviews the project and checks its white paper, its team, its different goals and objectives, thus its authenticity and feasibility. The process has a certain amount of coins with a fixed price, and each user is limited with a maximum and minimum contribution amounts.<\/p>\n<p><a href=\"https:\/\/www.binance.com\/\" target=\"_blank\" rel=\"noopener\"><em>Binance<\/em><\/a> is a pioneer in IEOs with its platform <a href=\"https:\/\/launchpad.binance.com\/\" target=\"_blank\" rel=\"noopener\"><em>Binance Launchpad<\/em><\/a>. <a href=\"https:\/\/www.bittorrent.com\/\" target=\"_blank\" rel=\"noopener\"><em>BitTorrent<\/em> <\/a>has raised $7.2 million on it in about 15 minutes in January, hitting the crowd sale hardcap. A few months ago, <a href=\"https:\/\/fetch.ai\/\" target=\"_blank\" rel=\"noopener\"><em>Fetch.AI<\/em><\/a> raised $6 million in 22 seconds on this same platform.<br \/>\nOthers like <a href=\"https:\/\/bittrex.com\/\" target=\"_blank\" rel=\"noopener\"><em>Bittrex<\/em><\/a>, <a href=\"https:\/\/www.kucoin.com\/\" target=\"_blank\" rel=\"noopener\"><em>KuCoin<\/em><\/a> and <a href=\"https:\/\/www.huobi.com\/\" target=\"_blank\" rel=\"noopener\"><em>Huobi<\/em><\/a> announced launching their own IEO platforms too after the results that <em>Binance Launchpad<\/em> has made.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_new_craze_with_different_advantages\"><\/span><strong>A new craze with different advantages<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As an outcome to the revolution of <a href=\"https:\/\/blog.satt-token.com\/blog\/2018\/07\/30\/what-is-an-initial-coin-offering\/\">ICOs<\/a> in 2017 and the first half of 2018, there have been several frauds and security issues encountered with this crowdfunding method as about 80% of the ICOs turned out to be scams in 2017. IEOs have then come as a solution bringing both simplicity and security to a wider number of users.<br \/>\nInvestors can monitor different projects\u2018 tokens (which are exposed) and can to a certain extent guarantee the credibility and the potential of the project they\u2018re investing in because the exchange will try as much as possible to keep a good reputation which can tremendously be affected by a scam or a failing project of which they host the fundraising.<\/p>\n<p>Token issuers also do benefit from IEOs as the exchange is the one managing the smart contracts, the KYC\/AML process and all of the security aspects so they won\u2018t have to worry about them. Moreover, the exchange helps them with marketing their project and attracting investors as it &#8220;legitimizes&#8221; them. They also can benefit from the exchange\u2019s stable customer base.<br \/>\nSo, IEOs make it easier for both investors and startups to either fund a promising project or grow and expand one, even if it\u2018s not that cheap especially for startups as the listing fees can reach 20 BTC.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_trade_with_it\"><\/span><strong>How to trade with it?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Exchanges make it really easy to trade with IEOs. If an IEO is assured by an exchange you\u2018re already registered with, you\u2018ll just have to log in and buy your crypto.<br \/>\nYou no longer have to register using obscure sites or check what payment methods a project accepts.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"In_conclusion\"><\/span><strong>In conclusion..<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>IEO is a concept that brought new features and possibilities to the cryptocurrency world and can be a really useful tool for both startups and investors to maximize the advantages of this kind of fundraising.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the huge explosion of ICOs and STOs, IEOs have been quite the trend lately as a popular fundraising module among cryptocurrency gurus. An alternative fundraising method for cryptocurrency projects An Initial Exchange Offering (IEO) is a token sale based [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":1384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[611],"tags":[],"class_list":["post-1307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-classe-en"],"_links":{"self":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/1307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/comments?post=1307"}],"version-history":[{"count":0,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/1307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/1384"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=1307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=1307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=1307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}