IEO

A new BitMEX report found that the majority of the Initial Exchange Offerings (IEOs) followed since May have declined more than 80 percent in value, despite bitcoin undergoing a price resurgence. 

The advent of initial coin offerings or ICOs revolutionized the future of investing — particularly within the cryptocurrency industry. At the height of its popularity between 2017 and 2018, ICOs had raised over $14 billion. In just two years, the entire market had accrued almost 140x the total amount gathered in the three years prior; the demand was inconceivable, and nothing was going to stop it – until something did.

On Wednesday (October 16), Binance announced that the next cryptoasset to go on sale this year on its initial exchange offering (IEO) platform, Binance Launchpad, would be the Kava (KAVA) token.

Binance, one of the world’s leading cryptocurrency exchanges, has announced it delist thirty trading pairs from its platform. One-fifth of these include tokens launched through its initial exchange offerings (IEOs).

Bitfinex has announced a re-tooling of IEO platform Tokinex to Bitfinex Token Sales. In addition to providing more support for coin developers, the platform will also push the use of its native token LEO.

On Tuesday (September 3), Singapore-based crypto exchange Huobi Global announced that it will be listing NODE token, which is the native token of Whole Network (the maker of blockchain phone “Acute Angle”).

OK Jumpstart, the initial exchange offering (IEO) platform of leading cryptoasset exchange OKEx, has launched a crowdfunding blockchain platform called Pledgecamp (PLG) on its seventh IEO.

Blockchain and crypto startups are attracting immense investor attention on a global scale, within a handful of years, these startups have raised a whopping $46 billion to date. With such a resounding success, it’s easy to get caught up in exuberant stories of the best startups. 

This article contains all the essential information that you need to know about this month’s Initial Exchange Offering (IEO) on Binance Launchpad, i.e. the Perlin (PERL) token sale.

Initial Exchange Offerings (IEOs), the cryptocurrency fundraising trend that started after Binance created its Launchpad platform, is seemingly on the wane. Available data shows that so far this month,  little over $30 million was raised, down from over $1.2 billion in May.  

Binance has announced that the seventh project to launch its token sale on Binance Launchpad this year will be WINk (WIN), which is a gaming-focused decentralized application (DApp) platform. The WIN token sale has been scheduled to begin on July 24 (at 00:00 UTC).

Beniamin Mincu, the Founder of Elrond, a high-throughput, public blockchain network focused on enhancing interoperability, recently shared his views and insights regarding how developers are using various blockchain scalability techniques to improve the performance of cryptocurrency networks.

OKEx, one of the leading cryptoasset exchanges, has announced that Wirex (WXT) is to be the fourth project to launch on its Jumpstart Platform on July 1st.