Can Binance’s Initial Exchange Offering (IEO) Platform Lead the Next Crypto Wave?by@iliyazaki
827 reads
827 reads

Can Binance’s Initial Exchange Offering (IEO) Platform Lead the Next Crypto Wave?

by Iliya Zaki4mApril 3rd, 2019
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

The success of Binance issuing the first Initial Exchange Offering (IEO) should not be understated. It can potentially be a game changer for the crypto space. Some attributed the booming ICO market in 2017–2018 as the main reason why Cryptocurrencies were so popular to retail investors. The amount of money that ICOs have raised over the last two years is truly astonishing. Thanks to <a href="https://cointelegraph.com/news/ico-market-2018-vs-2017-trends-capitalization-localization-industries-success-rate">Cointelegraph</a>, we know that in 2017, ICOs raised a total of $5.6 billion. The number increased to $11.4 billion in 2018! However, arguments show that <a href="https://www.coindesk.com/the-crypto-winter-is-here-and-we-only-have-ourselves-to-blame">ICOs were one of the main reasons</a> for Crypto&nbsp;Winter.

People Mentioned

Mention Thumbnail

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - Can Binance’s Initial Exchange Offering (IEO) Platform Lead the Next Crypto Wave?
Iliya Zaki HackerNoon profile picture
Iliya Zaki

Iliya Zaki

@iliyazaki

L O A D I N G
. . . comments & more!

About Author

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite