@leontinasia
What Is an Initial Exchange Offering (IEO)?
An Initial Exchange Offering (IEO) is a crypto fundraising method where tokens are sold through a centralized exchange (CEX):
How It Works – A project partners with a crypto exchange (e.g., Binance, KuCoin) to raise funds from users.
Benefits – Investors trust exchanges more than independent ICOs, reducing scams.
Risks – Centralized control, listing fees, and potential price manipulation.
Famous IEOs – Binance Launchpad hosted successful IEOs like Polygon (MATIC) and Elrond (EGLD).
IEO vs. ICO vs. IDO – IEOs rely on CEXs, IDOs use DEXs, and ICOs are direct sales without intermediaries.