What are the Benefits of Initial Exchange Offering?
An initial exchange offering is conducted on the platform of cryptocurrency exchange. One of the major Benefits of Initial Exchange Offering is that an IEO is even controlled by a crypto exchange under the name of startup that wishes to raise funds with its newly issued tokens to be listed on the exchange.
The token issuer will have to draw agreements with the exchange on terms of fees, issuance etc before the token sale. The exchange platform reviews the project with a pre-defined terms and conditions to verify the authenticity of the project.
An Initial Exchange Offering is nothing but a cryptocurrency token based sale on crypto exchanges. IEO works on various cryptocurrency exchanges; creates a platform for the developers to show up and sell the projects to the crypto investors across the globe. The exchange team and the project team will draw to an agreement before the token sale. The exchange platform reviews the project with a defined set of terms and conditions in order to check the authenticity of the project. If everything is verified, the platform sets a date marking the beginning of the token sale.
Benefits of IEO
One of the main Benefits of Initial Exchange Offering is trust. The counterpart screens every project that seeks to launch an IEO on its website. Also exchanges do this to maintain their good reputation by carefully analyzing token issuers.
Token providers do not have to worry about the security of the crowdsale as the exchange is managing the IEO’s smart contract. The cryptocurrency exchanges also handle the KYC and AML processes. Most service providers do KYC/AML on their customers after they create their accounts.
Token listings also come under the IEO Development Services. However, a good IEO Development Company does the listing perfectly to help you attain the maximum easily.
To launch your IEO get the help of a Top Initial Exchange Offering Company to avail best IEO Development Services at ease. Shamla tech provides end to end solutions to bring out the best outcome. Our experienced developers put in the effort to make your IEO largely successful.