IEO: OKEx, KuCoin announce fundraising platforms

IEO: OKEx, KuCoin announce fundraising platforms

Crypto industry seems to be undergoing a transitional change, it is an initial exchange offering (IEO) program. KuCoin and Bittrex become the latest to join this bandwagon.

Just like ICOs, IEO are also fundraising programs for early-stage startups. In the case of IEO, a third-party reliable exchange. Thus, for the crypto projects.

The crypto program for the IEO fundraising program  includes Binance , Bitmax,  HuobiBittrex , OKEx, Exmo, Cobinhood, Coinbene, Probit, and now - KuCoin.

__________________________________

Exchange Cryptocurrency  OKEx  has announced its plans to launch a new initial exchange offering (IEO) platform.

Dubbed “OK Jumpstart,” the platform aims to incubate high-potential entrepreneurs and early entrepreneurs.

In his  official release , he asked for an experiment. It will help you to save your time.

“OK Jumpstart” as a compliant IEO platform.

“We’re happy to launch your own IEO platform. I’m really happy to run it up.” Cheung, Head of Operations of OKEx. "It was hatched from this platform."

Similar to the Initial Coin Offering (ICO), IEO allows for early stage projects. However, there is no need for a reliable exchange. The project acts as a guarantor and conducts a project due diligence check on the project team.

This week, Bittrex, another digital asset trading platform,  announced  that it’s the XRD token. The Bittrex International Platform.

KuCoin has also been announced as a “spotlight,” which has been  described  as the “real potential and value.”

Binance, the world's largest cryptocurrency exchange, its exclusive token sale platform. BitTorrent (BTT) was the fir st project  to be launched on the platform and successfully raised $ 7 million in under 20 minutes.

 

Source https://tokenpost.com

Other news

Cryptocurrency Exchange Security

Historically, exchanges have been the most vulnerable point of cryptocurrency infrastructure. Attacking them is more profitable and cracking them for a long time was often easier than regular wallets.…

  • 17 Jan 2020
IEO for investors: is it worth to participate?

For the first time, IEO was held by the Binance crypto exchange on the Binance Launchpad platform, which has been developed since the summer of 2017. The first IEO tokens were Bread and Gifto. Both…

  • 17 Jan 2020
View more update