Binance Updates IEO Rules on Its Launchpad

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Binance Updates IEO Rules on Its Launchpad
Binance Launchpad lottery rules have been updated. As it has been revealed by the company, it extends Binance Coin holding period implementing a number of others minor changes.
Binance Updates IEO Rules on Its Launchpad

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Source: CoinSpeaker

Crypto Exchange CoinFLEX to Launch Its First Initial Futures Offering for Polkadot’s DOT Tokens

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Crypto Exchange CoinFLEX to Launch Its First Initial Futures Offering for Polkadot’s DOT Tokens
This will be for the first time that any crypto platform is launching futures contracts for pre-launched assets. Each DOT token is available at $75 and can be purchased using CoinFLEX’s native FLEX tokens.
Crypto Exchange CoinFLEX to Launch Its First Initial Futures Offering for Polkadot’s DOT Tokens

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Source: CoinSpeaker

Binance’s Elrond Lottery is Finished, Trading Starts on July 4th

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Binance’s Elrond Lottery is Finished, Trading Starts on July 4th
Binance along with Elrond has successfully finished its IEO (Initial Exchange Offering) lottery. It was completed with a 11,07% ratio of winning tickets. The trading of ERD will soon open on Binance exchange.
Binance’s Elrond Lottery is Finished, Trading Starts on July 4th

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Source: CoinSpeaker

Cryptocurrency Exchange Platform Bitsdaq Announces the Launch of Its IEO

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Cryptocurrency Exchange Platform Bitsdaq Announces the Launch of Its IEO
Bitsdaq, a secure, reliable, and advanced platform for digital assets that operates in Asia, is proud to announce the launch of its native Bitsdaq Token IEO.
Cryptocurrency Exchange Platform Bitsdaq Announces the Launch of Its IEO

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Source: CoinSpeaker

Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?

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Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?
In this post, by blockchain expert and professional tech researcher Gregory S Mathew, you’ll find what Initial Exchange Offering (IEO) is, how it differs from ICO and why this new fundraising model is widely considered to be crypto industry’s next disrupter.
Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?

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Source: CoinSpeaker

Binance Announces Harmony (ONE) Token Sale Results

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Binance Announces Harmony (ONE) Token Sale Results
Harmony Protocol initial exchange offering (IEO) went through its lottery ticket claim on Binance. The highly publicized token sale performed well, comparable to other Binance-based IEOs.
Binance Announces Harmony (ONE) Token Sale Results

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Source: CoinSpeaker

Bitfinex Expands Its Ecosystem Launching IEO Platform Tokinex

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Bitfinex Expands Its Ecosystem Launching IEO Platform Tokinex
Today Bitfinex enters the popular business of initial exchange offering (IEO). The first sale on the new platform called Tokinex will be announced this Thursday 23rd May.
Bitfinex Expands Its Ecosystem Launching IEO Platform Tokinex

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Source: CoinSpeaker

Why IEOs Might Drive New Investors to the Crypto Market

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Why IEOs Might Drive New Investors to the Crypto Market
In this article, we will be exploring the main reasons why IEOs may, in fact, drive a flock of new investors into the crypto market.
Why IEOs Might Drive New Investors to the Crypto Market

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Source: CoinSpeaker

Initial Exchange Offerings: The Benefits and Limitations

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Initial Exchange Offerings: The Benefits and Limitations
In this article, we want to in-depth explain the benefits of IEO for your business and its limitation. Nonetheless, to give ultimate tips on how to run a profitable IEO project.
Initial Exchange Offerings: The Benefits and Limitations

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Source: CoinSpeaker

Bitfinex Set to Launch $1 Billion IEO as $850 Million in Funds are Still Frozen

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Bitfinex Set to Launch $1 Billion IEO as $850 Million in Funds are Still Frozen
Next week Bitfinex is expected to issue an initial exchange offering (IEO) to gain $1billion through a token sale. It’s got transpired from the post made by Bitfinex shareholder Zhao Dong.
Bitfinex Set to Launch $1 Billion IEO as $850 Million in Funds are Still Frozen

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Source: CoinSpeaker

Bitfinex Likely to Issue Native Exchange Token Through IEO to Recover Frozen Funds

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Bitfinex Likely to Issue Native Exchange Token Through IEO to Recover Frozen Funds
After the latest seizure of funds by the NYAG office, Bitfinex is looking for ways to recover the funds. Conducting and IEO and issuing a native exchange token is one of the probable options.
Bitfinex Likely to Issue Native Exchange Token Through IEO to Recover Frozen Funds

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Source: CoinSpeaker

Unconfirmed: Bitfinex Plans to Raise $1 Billion in USDT via ‘Initial Exchange Offering’

Yes, you heard it right, Bitfinex cryptocurrency exchange plans to raise $1 billion in Tether (USDT) via initial exchange offering (IEO). It was first reported by a member of the Twitter community ‘ Dovey Wan’.
Bitfinex To Raise Billion via Initial Exchange Offering (IEO)
However, it comes as a rumor, later Dovey Wan’ states that one of the Bitfinex’s shareholder agreed to it. This is quite a surprising update due to the ongoing controversy around Bitfinex and Tether. Nevertheless, the Tether is the Bitfinex’s own token which bothers many crypto enthusiasts and traders.
Source: Twitter
Until the press time, Bitfnex didn’t confirm the report officially. However, if it comes as a true statement and officially confirmed, then the community’s voice on whether or not the platform is actually liquid is worth considering.
Nevertheless, in the case of IEO, participants have to buy exchange’s native token and help Bitfinex raise billions in so-called stablecoin, Tether. Bearing this in mind, the community on Twitter is assuming that the exchange is facing liquidity issues. While many people call USDT as a stablecoin, with the recent frozen funds of $750 million from Tether’s reserve fund, USDT is missing the respective $750 million funds to be a stablecoin – which other side supposed to have to be a stablecoin.
Also read: Bitcoin Surcharge on Bitfinex and USDT Pairs Building FUD in Traders?
With having 18.5K followers, Dovey Wan often shares breaking stories and the current market scenarios. In her continuous tweets, she also adds that allocation of Bitfinex’s IEO already begins as such folks are selling it in few channels, she said.
I just don’t see how this can be sustainable, it won’t make Tether fully-backed again unless they distribute profit/new fund raised back to Tether reserve. BFX has already securitized + tokenized its future cash flow for their last hack, this is another layer of leverage on top
Nevertheless to note that the exchange has first hit with the Bitlicense rejection by New York Department of Financial Services’ (NYDFS) and the New York State’s Attorney General accused Bitfinex of using $850 million worth USDT or Tether’s reserves to cover up the loss of funds. However, Bitfinex’ shareholder, Zhao Dong’ says the story isn’t over yet.
In fact, Dong has also contributed to the matter of Bitfinex’s rumored IEO. In one of his post (written in Chinese) which later translated to English and shared by a Twitter user @Zirui_z, – in his post, he says
‘there’s a high possibility that Bitfinex is going to do an IEO’.
What’s your take on Bitfinex’s plan of raising billion via IEO in USDT. (If it gets confirmed by exchange).? Let us know in the comment below
The post Unconfirmed: Bitfinex Plans to Raise $1 Billion in USDT via ‘Initial Exchange Offering’ appeared first on Coingape.
Source: CoinGape

Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now

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Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now
As IEOs are becoming more and more prevalent holding the potential of replacing ICOs as the most popular fundraising model, you might ask “which are the ones worth watching?”. Here’re three IEO projects you should keep an eye on right now.
Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now

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Source: CoinSpeaker

Why IEO is the Most Efficient Method of Fundraising?

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Why IEO is the Most Efficient Method of Fundraising?
Anton Dzyatkovskiy, a Co-Founder of Platinum LLC, takes a look at the differences between ICO and IEO, reasoning why the latter is the most efficient method of fundraising.
Why IEO is the Most Efficient Method of Fundraising?

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Source: CoinSpeaker