IEO

An Initial Exchange Offering (IEO) is a crowdfunding event held on a cryptocurrency exchange. In an IEO, a project team raises funds by selling their tokens to investors in exchange for other cryptocurrencies, such as Bitcoin or Ethereum. The exchange acts as a middleman and helps facilitate the tokens' sale. IEOs have become popular for cryptocurrency projects to raise funds and gain exposure. They offer several benefits to both investors and project teams. For investors, IEOs provide security and trust…