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How IEO (Initial Exchange Offering) Can Change the Crypto World?
- gus_massa 7y agoIt's like a kickstarter with altcoins? > [...]ICO, which compromised itself due to the huge amount of scammers and people willing to cash in on other people’s money. I agree. > IEO vs ICO – Why do companies/projects need IEO? > [...] > There is no need to develop a smart contract (the cost of which can reach $ 10,000 and distribute tokens) > [...] > The cost of IEO on major exchanges ranges from $ 150,000.00 to $ 1,000,000. [...] Therefore, if your budget is limited to $ 30,000.00- $ 200,000.00, it is better to select the listing on the exchange of the top 100 with a listing fee under $10 000 and send the rest to the marketing promotion of the project. To create a new smart contract for a standard token it is only necessary to change two or three strings in one of the free contracts that are floating around. Why $10000? Also, the exchange alternative is not so cheap after all.