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Bloomberg: Industry Insiders Criticize IEO Is The Substitute For ICO

Liang CHE

Summary: According to Bloomberg, many critics in the cryptocurrency industry are thinking about the potential flaws of the so-called exchange public offering (IEO), which replaces the controversial initial currency issuance (ICO) by IEOs hosted by cryptocurrency exchanges. The IEO provides another model for the issuance of tokens, in which the cryptocurrency exchange is in the form ...

According to Bloomberg, many critics in the cryptocurrency industry are thinking about the potential flaws of the so-called exchange public offering (IEO), which replaces the controversial initial currency issuance (ICO) by IEOs hosted by cryptocurrency exchanges. The IEO provides another model for the issuance of tokens, in which the cryptocurrency exchange is in the form of an underwriter, operating the sales and ostensibly reviewing the project itself and potential investors.

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