STO vs. IEO: Advantages of IEO
By: FIAT Exchange
The projects that seek to launch via IEO are those who are looking to get utility tokens: special currency specifically for the network on which they are issued on. As this network grows, more of the utility is in the token and as the size of the network and the number of transactions increase, so does the demand for said tokens will rise. These utility tokens usually give holders the right to use the network and take advantage of the network through voting.
There are as many advantages to IEOs as there are to STOs. Specifically, raising funds quickly as projects are able to raise funds in a more efficient timeframe given all the hype that currently surrounds IEOs at the moment. Based on past token sales that have taken place so far, some IEOs are even averaging a few seconds to a few minutes before meeting their set cap. Also, since cryptocurrency exchanges conduct their due diligence by screening every project that they seek to launch on their platform, trust is not as much of an issue as in ICO in that IEOs can definitely be trusted so investors really need not worry about the legitimacy of projects. This is because IEOs offer utmost protection to both token issuer and the investor as said exchanges oversee KYC and AML processes strictly. Projects are assured of getting their tokens listed quickly making the process easy for project issuers due to the IEO's advantageous Fast Listing procedure.
In the world of Crypto, finding the right people to do the job can be troublesome and difficult at best. This is why at FIAT Exchange (https://www.fiatxs.com/
Stay updated with our latest news: