An Initial Exchange Offering (IEO) is a fundraising method where cryptocurrency projects raise capital by selling tokens directly on a cryptocurrency exchange. Unlike Initial Coin Offerings (ICOs), IEOs are managed by the exchange, offering more security and trust for investors. In an IEO, the exchange conducts the token sale, ensuring the project's credibility and conducting due diligence. Investors participate by purchasing tokens through the exchange, making it an efficient and regulated way to launch new cryptocurrencies. If you're wondering what is an IEO, it's a growing method in the crypto fundraising space.
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