This is not an easy question to answer. Neither can I satisfy all my readers with one answer nor can I completely take the side of IEO launch services. Let me tell you why. If I put forth a point that IEO is the best way to launch your tokens and mint money safely, there will be another group that would argue about the benefits of ICO launch.
However, only because you asked me about IEO launch services, let me concentrate on that and later come to this debate. Firstly if you should be aware of what an IEO is and how it functions. Here you go.
Dismantling IEO
IEO is the short form for Initial Exchange Offering. This is in one way similar to ICO. In which the same crowdfunding takes place. However,unlike ICO not everyone can take part in buying the tokens during the launch of an IEO.
Here is why. Primarily IEO takes place on an exchange platform and ICO happens just like that – I.e the token buyer can get them from the project team directly. In IEO, the exchange platform acts as an escrow between the two.
Also, you should have an active account on the exchange platform to buy tokens. It is the exchange platform’s headache to verify the authenticity of the projects to keep both the investors and the project developers on the safer side.
Why should you take up IEO launch services?
- It is safe – Yes, it is safe in many ways you wouldn’t imagine. Since the exchange platform validates the project and verifies the authenticity of the whole team, it is a step closer to safety.
- Not everyone can take part – This is an advantage in one way. Mainly because it avoids scammers.
- You are already on the exchange platform – It does not require you to prove your identity time and again mainly because you already hold an account on the exchange platform. Provided the exchange already has a huge customer-base. This means you are half-way through the marketing part.
I hope to have covered all that I could. Do let me know if you think I could’ve told anything more than this. Also, if there are any doubts, post them in the comment box.
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