IEO and ICO: Same Song, Different Verse?
- Attracting investment through a standard ICO has become an almost unattainable goal for the projects.
- The most important and visible difference in these two ways of attracting funding is that in the case of IEO, not the projects are looking for investors, but a certain crypto exchange is responsible for distributing newly issued tokens to its users.
- At the same time, the exchange is also responsible for the integrity of the project team.
- In the case of IEO, the exchange, which becomes an intermediary between an investor and a startup, assumes obligations and issues tokens in the first days after they are sold to investors.
Read full article: blog.482.solutions