How IEOs help Crypto Exchanges boost their Native Token price

Written by janstepnov | Published 2019/08/15
Tech Story Tags: ieo | blockchain | cryptocurrency | crypto | bitcoin | binance | marketing | exchanges

TLDR By the middle of 2019, more than 20 crypto exchanges have launched its own fundraising platform. The outdated initial coin offer (ICO) was replaced by IEO, which revived the market, marking the end of the crypto winter. 9 out of 12 operators have their own IEO platforms and involve their native tokens in the process. The success of the first token sale (BitTorrent) held in the new format by Binance on January 28, 2019, generated the market growth. Since the increase of Binance Coin (BN Coin) amounted to $621,08B, from $6,21B to $95 in May, experts believe the rapid growth of the asset to be associated with the exchange.via the TL;DR App
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Written by janstepnov | Digital Transformation Consultant
Published by HackerNoon on 2019/08/15
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