Most IEO Projects Don’t Provide Positive Returns, Research Claims

It would appear that the ICO industry has ground to a complete halt. Instead, the IEO business model now takes center stage, albeit the returns aren’t always guaranteed.

Most people who invest in an IEO do so for the potentially high returns.

Not Every IEO Guarantees Returns

After all, it is an easy and quick way to make some money with little effort involved.

Research by Blockchain Capital shows that not all IEOs are created equal.

More specifically, the chance of getting a return YTD severely depends on which platform is used to conduct the sale. 

Binance seemingly provides the best chance at making a profit after investing in an IEO.

Related Post, OKEx, and KuCoin are three other options worth exploring in this department.

Sales hosted on Bitforex, ProBit, Bittrex, Bibox, and Huobi Global – among others – will not necessarily offer any positive returns at all.

This research paints a very interesting picture regarding the IEO landscape in 2019 and beyond.

It appears that most investors will stick to one or two exchanges, creating a new centralization problem in the process.

How these findings will affect the mindset of Initial Exchange Offering investors, is very difficult to predict.

If Binance remains the go-to platform for this business model, IEOs might not be that long-lived after all. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Published by
JP Buntinx

Recent Posts

Crypto Veteran Investor Explains Bollinger Bands and How To Spot Gems Like Cardano and Bitcoin Spark

In the world of cryptocurrency investments, having the right tools and strategies at your disposal…

2 hours ago

October Historically Is A Good Month For Cryptocurrency Market, Here’s Why You Should Buy In Now

October has historically been a good month for Bitcoin and the cryptocurrency market. In the…

5 hours ago

Why THORChain, Tradecurve Markets, The Graph Are Leading the Future of DeFi

The BNB Smart Chain recently launched on top of THORChain (RUNE). Moreover, The Graph (GRT)…

7 hours ago

Chainlink (LINK) vs. Solana (SOL): Everlodge (ELDG) Emerges as the Ultimate High-Reward Alternative

Chainlink (LINK) and Solana (SOL) are two of the most popular blockchain projects, but their…

7 hours ago

A Shift in Power? Pomerdoge (POMD), Toncoin (TON), and Maker (MKR) Claim Top Gainer Status

In a surprising shift of power in the cryptocurrency market, Pomerdoge (POMD), Toncoin (TON), and…

7 hours ago

A Look At Current Social Metrics As $PEPE Leads The Way In The Top 10 Trending Searches On LunarCrush

Social media is a powerful tool for investors of all kinds, but it is especially…

21 hours ago