Crypto

Most IEO Projects Don’t Provide Positive Returns, Research Claims

It would appear that the ICO industry has ground to a complete halt. Instead, the IEO business model now takes center stage, albeit the returns aren’t always guaranteed.

Most people who invest in an IEO do so for the potentially high returns.

Not Every IEO Guarantees Returns

After all, it is an easy and quick way to make some money with little effort involved.

Research by Blockchain Capital shows that not all IEOs are created equal.

More specifically, the chance of getting a return YTD severely depends on which platform is used to conduct the sale. 

Binance seemingly provides the best chance at making a profit after investing in an IEO.

Related Post

Gate.io, OKEx, and KuCoin are three other options worth exploring in this department.

Sales hosted on Bitforex, ProBit, Bittrex, Bibox, and Huobi Global – among others – will not necessarily offer any positive returns at all.

This research paints a very interesting picture regarding the IEO landscape in 2019 and beyond.

It appears that most investors will stick to one or two exchanges, creating a new centralization problem in the process.

How these findings will affect the mindset of Initial Exchange Offering investors, is very difficult to predict.

If Binance remains the go-to platform for this business model, IEOs might not be that long-lived after all. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Justin Sun Pledges $SUN Buybacks With SunPerp Revenue

Justin Sun, CEO of TRON DAO, has just made one of his biggest announcements of…

2 days ago

$BNB Hits $1,000 ATH as Market Cap Reaches $145.7B

$BNB has broken through a historic milestone. The token surged past $1,000, setting a new…

3 days ago

Top 5 DeFi Tokens Less Than $1 Price Mark To Watch In September

Decentralized finance (DeFi) has continued to disrupt traditional financial systems, offering permissionless access to lending,…

3 days ago

Solana Data Insights: App Revenues Hit $193.5M in August, Up 126% YoY

Solana’s app economy posted another breakout month. Total application revenues surged to $193.5 million in…

4 days ago

Sharps Technology Aligns with Bonk for Treasury Staking and Solana Growth

Sharps Technology (NASDAQ: STSS) is making a major move in the Solana ecosystem. The company,…

4 days ago

Understand AR In the Context of LivLive’s Game Layer for Reality Ecosystem

LivLive is redefining augmented reality (AR) gaming by turning real-world actions into measurable value for…

5 days ago