Thursday, February 20, 2020

Is it the right time to switch over to IEO or IDEO? Benefits of launching your token sale in IEO or IDEO?


Crypto investors are no more naive in spending their money on fraudulent fundraising projects. The entire crypto ambiance steps ahead to secure, legitimate and assured returns. Early stages of crypto crowdfunding started with ICO token sale. Later, due to a bunch of scams, the community lost its faith. 

Crypto leaders made advancements, and they evolved with the IEO fundraising technique. Over recent years, IEO is popular among crypto investors as they are guaranteed with certain benefits, or if there are any misleads, they get back their money. 

In this post, let’s discuss what is an IEO & IDEO, and what are their benefits!
What is IEO?
Initial Exchange Offering(IEO) is the legitimate crowdfunding technique that is hosted by renowned exchanges in the representation of fundraisers. The fundraisers develop their IEO tokens based on the norms set by the exchanges to list in their platform. Hence, if the fundraiser plans for IEO token sale, they must pick the exchange of their choice and then design their development process. 

Exchanges have the regulations to unlist the IEO token sale anytime if it is found to be illegal or deviates from the regulatory norms. IEO token sale helps fundraisers in acquiring potential investors from exchange platforms rather than designing their marketing strategies. 

The entire IEO scenario happens through centralized exchanges. What if this is decentralized? InitialDecentralized Exchange Offering(IDEO) comes here! Now, let’s list the benefits of IDEO token sale over IEO!

Benefits of IDEO over IEO
Consensus Goal
Unlike centralized exchange token sale, IDEO is not controlled by a single platform. The community member takes over the responsibility of IDEO token sale and hence no risks in manipulating the profits against a single peer.

Minimal Fees
The renowned exchange platforms incur a handsome amount of charges to list IEO token sale in their platform. Instead, IDEO has no blockages for utilizing the platform and pays a minimal amount of charges for the entire process.

Easy Access
Decentralized exchanges are more accessible to fundraisers as well as investors. The IDEO platforms do not opt for the KYC or AML process for the investors. 

Shared Proprietorship
On successful completion of the IDEO token sale, the community peers can manipulate their profits and shares. Depending on the investments, the community miner nodes can approve the ownership of IDEO tokens. 

Final Verdict!
We have just guided you with the generic benefits of the IEO and IDEO token sale. To have a clear perspective of IEO, IDEO, and other fundraising token sale, reach out to our team!

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