QCONE list on Exchange TOP Coinmartketcap

What is Initial Exchange Offering (IEO)?
IEO serves similarly to the Initial Coin Offering (ICO) – both allows selling tokens to finance early-stage projects, however, the key difference is that both the project developer and the investors facilitate their transactions through a third party – a reliable exchange. The exchange acts as a guarantor and conducts a project due diligence check on the project team. Having IEO to streamline the process, developers are no longer required to perform KYC verifications. Indeed, it can bring about widespread publicity and a quicker listing process.

Advantages of Initial Exchange Offerings
• Reputation
ICOs have developed a negative reputation due to the various scams and disappearance of projects. Therefore, having a reputable exchange as a partner can greatly increase the credibility of the startup. Bad projects can and will affect the reputation of the exchange as well.

• Credibility
Crypto exchanges are strongly incentivized to vet the token issuer and the quality of their offering. In order to protect their name, exchanges require the startups to be credible and thus, these startups will undergo intense due diligence by the exchange. This highly reduces the likelihood of the startup being unveiled as scams.

• Instant Exchange Listing
Projects listed as IEO on exchanges will enjoy a near-instant listing. Another difference is that ICO’s mint their tokens once the funding gets completed. In the case of IEO’s, projects generate tokens and send them to the exchange platform.

• KYC/AML Covered
A huge obstacle for ICOs is handling KYC/AML. For IEOs, token issuers do not have to worry as the exchange shall manage the KYC/AML process is also handled by the crypto exchange.

• Is it safer?
IEO (Initial Exchange Offering) is an intermediary between the group that has the cryptocurrency and the person looking to buy it. No longer do you have to get the currency directly from the development team in charge of creating it. Now you can get it from a reliable platform of people who act as a go-between. The IEO also acts as a bit of a safeguard, since most would find no real profit in working with developers that can’t keep their ends of the bargain. This means fewer scams for you to worry about when using cryptocurrency. So, for those looking for assignment help, you could put a bit more faith in IEOs than the standard ICOs of the past. The chances of them ripping you off are slim.

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