IEO sales of stock exchanges are disregarding.
In 2019, the IEOs, officially regarded as one of the veren life-giving ’trends in the crypto currency exchange, started with the move of the Binance crypto currency exchange, but later spread to many crypto currency exchanges.
Binance, which achieved incredible revenue with the sale of BitTorrent Token’s IEO, provided investors with significant gains at first. Many other crypto currency exchanges and crypto currency investors have seen an incredible demand for IEO platforms in the first 6 months.
However, according to a new study by Blockchain Capital, IEOs have not been very profitable, especially since the second half of the year. While IEOs from crypto money exchanges such as Gate.io, OKEx, KuCoin, Binance, BiBox, Huobi, ProBit, BitForex, are still reported to be earning in the first months, those who hold them for a long time often lose or return to the capital they first invested.
IEOs were expected to be very profitable but short-lived like the ICOs who experienced an incredible rise in 2017, and this estimate was correct.