IEO is a fundraising event to raise capital by selling utility tokens on the exchange.
Initial Exchange Offering (IEO):
Initial Exchange Offering is a fundraising mechanism that is referred to as (IEO) it startup raises money through a trading platform where the issuers create a token for their projects.
This IEO is closely followed by an STO (Security Token Offering) s carried out through crypto platforms and exchanges. This is a token-based fundraising platform.
It meets the necessary commitments. Using the IEO fundraising by using the IEO fundraising reduces the burden KYC/AML process on the issuers and it takes the responsibility and verifies the projects and the investors. With a leading crypto exchanges company that has a strategic partnership to start your crowdfunding campaign.
Is it different from ICO:
Through an IPO (Initial Public Offering) both the IEO & ICO follow the fundamental practice. Here the platform shares the tokens. It ensures a secure transaction. And it raises the capital for the company.
- Fundraising environment
- KYC/AML
- Screening
- Smart contract
Fundraising environment:
To conduct the fundraising process the admin and the investors have an admin dashboard, here the fundraising takes place at the exchange.
KYC/AML:
In boarding investors, they manage the exchange and it saves the cost, time, and also resources.
Screening:
It reduces your cost of compliance, the projects, and the investors based on their parameters.
Smart contract:
Here the smart contracts are managed by the exchanges.