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It is gradually attracting the interest of traders across the world.
It can be called an alternative to STO and ICOs, which essentially acts as an intermediary between projects and contributors.What is IEO (Initial Exchange Offering)Technically, an IEO campaign is another form of ICO.
While a public ICO enables anyone to participate in the offering, in an IEO only members of that particular exchange platforms can invest in tokens.
Rather than following specific steps of an ICO campaign, the project team can follow an IEO’s standard procedure for buying and storing tokens from that particular exchange.
In many ways, it standardizes the process of token offering as the exchange sets the terms of purchase.How it is different from ICOsCoins were often sold through an ICO with promises that users can avail and trade them later on exchanges.
What’s more, users like undergo know-your-customer (KYC) and anti-money laundering (AML) checks, depending on the exchange’s sign up requirements.