![]() ![]() ![]() Probit has shown some amazing results like the Linix IEO that sold out in just five seconds and went on to raise $300,000 in 30 minutes and the latest massive success in Boltt Coin, which raised $795,000 over the course of 4 consecutively sold-out rounds. It has already hosted over 70 rounds of IEO after carrying out its first IEO on in February 2019. Probit has seen solid success on its rapidly expanding IEO platform. So far there isn’t any public information about upcoming projects, but we can be sure that they are looking closely for new prospective projects to work with. One of the leading exchanges by trade volume, OKEx, in March announced its own token sale platform – OK Jumpsmart. They position itself as a global leader of blockchain technology and the most trusted digital asset exchange, and they have every right to do so. Huobi Prime positions itself as a Direct Premium Offering (DPO) platform that provides the users with a variety of advantages. They completed their first selective token sale event in a matter of seconds, with token prices rose by 250% immediately afterwards. Huobi was actually the next major exchange after Binance which managed to perform successful IEO with the TOP Network project. In March 2019 Huobi launched and IEO platform called Huobi Prime. Here we have collected TOP IEO Platforms & Launchpads. ![]() Watching the success of Binance Launchpad, other well-known exchanges announced the launch of their own IEO platforms. ![]() Other successful cases include Bread, Gifto, Celer, and one upcoming called Maric. Previously an unprecedented excitement allowed selling the entire amount of BitTorrent tokens worth $ 7.2 million in 18 minutes using the same method. The main sensation of the end of February was the success of the Fetch.AI project, which, in the framework of IEO on the Binance Exchange, collected $6 million in 22 seconds. Although the first IEOs were conducted back in 2017, and the Binance was not the first “who coined the term IEO”, the world largest exchange by trading volume is regarded as the first big mover and trendsetter. One of the first in the line was Binance, with its IEO Binance Launchpad platform. Once done, they deposit funds into their exchange wallets with the help of coins and use these funds to purchase startup’s tokens.Ī growing number of crypto currency exchanges like the bitcoin revolution website began to conduct IEOs . Instead, they must create an account on the exchange platform where IEO is held. IEO participants don’t send their contributions to the smart contract as in case with ICO. A crypto currency exchange receives a percentage of sold tokens but, in turn, helps the issuer of tokens with marketing operations. In turn, startup’s tokens are sold on the exchange platforms, and their coins are added to the exchange list after the end of the sale. Since tokens are sold on the exchange platform, tokens issuers must pay a listing fee along with the percentage of tokens sold during IEO. Unlike Initial Coin Offering (ICO), IEO is managed by the exchange on behalf of a startup that is trying to raise funds with its recently released tokens. Initial Exchange Offering is carried out on the platform of a crypto currency exchange. The second way – an agreement with the exchanges for the Initial Exchange Offering or IEO. This implies a rather high initial interest in the project. The first is the private placement when the project collects the necessary money in a closed mode. But since the need for funding has not disappeared anywhere, startups today are going in two ways. At the same time, a legislative regulation in most countries hasn’t reached a new level and investors are still not protected from fraud. This is partly due to the fact that almost 80% of ICO-projects turned out to be a scam, in accordance with the Statistic Group research. As for today, the situation has changed significantly. Last year, the main method of collecting funds was ICO or Initial coin offering. IEO Platforms/Launchpads: TOP 25+ ExchangesĬrypto currency has revolutionized the process of fundraising. ![]()
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