Looks like IEO or primary stock exchange suggestions — can become the main way of raising funds inside the stock market for the near future. Recall, for the last six months, several exchanges have created a “launch pad” for new projects. The idea attracted the attention of investors, and the IEO has brought them a lot of x’s. Earlier I wrote about my own experience of participating in IEO from the Binance.
A new trend in investing
The hype over IEO started in 2019, when the Binance held tocancel BitTorrent. The campaign has received unprecedented popularity, after which the exchange’s management decided to use the new format. After some time with the Binance Launchpad “started” several projects which are now traded much higher than the sale price of tokens.
According to Coingecko, in the second quarter of 2019 was the growth of the funds collected through IEO by as much as 550 percent. From April to June, the exchanges managed to attract more than $ 190 million. More detailed statistics are displayed in the screenshot below.
It is noteworthy that the record for funds established in April is the 109.9 million dollars. In may and June there were 32 major IEO total amount of 117,7 million dollars. All in the second quarter of the crypto currency exchange has attracted 227,6 million dollars or 86,83 per cent of the total amount collected by IEO in 2019.
Statistics of collected funds for specific projects the following:
- WaykiChain: 18.5 million dollars;
- Lambda: 16.4 million dollars;
- PDATA Token: $ 15.4 million;
- Blockcould: $ 15 million;
- Top Network: $ 15 million.
New projects for the IEO to collect not more than $ 20 million. Only 5 startups attracted more than $ 10 million through this form of crowdfunding. They account for 31 percent of all collected funds in the first half of 2019.
By the way, in the next couple of months will hold Binance a new IEO. About participation in the campaign will find in our cryptodata of hontarov!
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