IEO News

An Initial Exchange Offering (IEO) is a token sale that happens on an exchange instead of directly through the token’s website. With IEOs, the exchange serves as the counterparty to the sale, receiving the tokens from the project and in turn selling them to the public at an agreed price. Examples of platforms that host IEOs include Binance Launchpad. IEOs are favored by some projects because the infrastructure is in place to deal with large volumes of transactions and are more resistant to attacks at the time of the sale.