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Cryptocurrency Software Market Boosting The Growth | Leading Key Players Forecast 2019 – 2024
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09-23 06:33 - 'After IEO, SIEO will lead the new trend in the industry' (self.Bitcoin) by /u/btcc100 removed from /r/Bitcoin within 48-58min
The rise and fall of IEO
IEO(Initial Exchange Offering) is the practice of Offering stock to the users of an Exchange as a platform for raising capital. In 2018, the emergence of IEO caused a frenzy of popularity, especially the launch of a number of IEO projects in the leading exchanges such as Binance, Huobi and OKE, as well as the high investment returns in a short period of time, which made IEO a hit. [ IEO ]1 The biggest drawback of Initial Coin Offering is its freedom and lack of supervision. Since its flourishing in 2017, about 70% of ICO projects have failed to go online and investors have lost all their money.ICO is gradually pre-cooled and even abandoned under the lack of trust, which directly leads to the “cold winter” of blockchain industry. IEO is endorsed by the exchange, and the exchange is responsible for the review of the project, which can exclude most “fraudulent projects”. At the same time, the exchange will also become the main trading market of the project in the secondary market. The emergence of IEO is a good solution to the trust crisis of ICO. [ IEO project ]2 The above is part of the IEO project data collected by the author.In terms of ROI, the investment value of IEO projects has declined, with about 75% of projects down about 50% and 39% down more than 75% since the IEO project was born.So many projects are broken, what are the problems with IEO?
The pain points of IEO
The first pain point: the currency rules are not transparent, exchange weight is high, not conducive to the development of the industry. In the whole IEO process, the exchange has the absolute right of speech, the project manager and the user must participate in IEO under the rules of the exchange. Driven by interests, the rights and interests of the user and the project side cannot be effectively guaranteed. Most of the broken projects are the game between the exchange and the project side, and the user pays the bill in the end.For example, Binance announced that COCOS, a premium project that does not require online currency service fees, plummeted by 70% within two days of its launch.Some media pointed out that the main purpose of COCOS online is to sell currency for cash. The second pain point: low success rate, high cost of user participation. Almost all exchanges have set a threshold for participating IEO users, most of whom must hold their platform tokens, and the success rate is extremely low.On August 25, Binance released subscription data for the latest installment of its IEO project, Perlin(PERL).According to the announcement, the PERL success rate for this issue was only 5.46%. Third pain point: lack of hematopoietic capacity, difficult to sustain the value of the project. Due to the influence of environmental and technological factors, the conditions for the application of blockchain technology are not mature. Most IEO projects lack self-profitability and rely solely on the pull of users, without project feedback, the value of platform tokens cannot be sustained. [ BitCentury ]3
A better solution, SIEO, was born
SIEO(Sustainable Initial Exchange Offerings) is a Sustainable extreme deflation model pioneered by Bit Century Exchange(BTCC).A certain amount of discount platform tokens are released to apply for purchase quota every day. Users can obtain subscription qualification and quota through registration, sharing and holding platform token BTCC, etc. and participate in daily subscription at a very low discount price to obtain income. [ SIEO ]4 What are SIEO’s advantages? First, the mechanism is fair and transparent: All data rights of SIEO are open and transparent, and users can participate equally. Second, 5–30 discount subscription, earnings controllable The subscription price is determined by the average price of the previous trading day, the price is transparent, the expected income is reliable, and the user’s investment is more secure; Third, high frequency Users can participate in SIEO subscription every day with high frequency, which can avoid the impact of single IEO on the secondary market. Fourth, the deflation mechanism SIEO has a mechanism of extreme deflation, daily earnings, platform earnings and so on will be used to buy back deflation. Fifth, platform support SIEO has the support of the platform, the platform has a variety of profit models, with a strong hematopoietic capacity. Sixth, drainage advantage SIEO is more suitable for exchanges to attract new, suitable for a wider range of people, more traffic is the key factor driving the development of the industry. SIEO is an innovation of modern science and technology finance theory. Relying on the trading platform, it can guarantee the continuous appreciation of the platform tokens through the repo deflation mechanism under the fair and transparent rule system. SIEO is an updated version of IEO that will lead the industry in a new direction. BitCentury’s official website: [[link]6 ''' After IEO, SIEO will lead the new trend in the industry Go1dfish undelete link unreddit undelete link Author: btcc100 1: i.red****/8p8*cm7q5ao31**ng 2: **re*d.it*o*x7woi*5ao31*png 3: i.redd*i*/r*i***zu5ao*1.png 4: *.redd.it/5rel*sx*5*o3*.p** 5: ww*.btcc100***m/ 6: w**.bt*c1*0.c*m/]^^5 Unknown links are censored to prevent spreading illicit content.
Binance is one of the best, if not the best crypto trading exchange in the world. The platform is super beginner-friendly, easy to use and offers a massive range of crypto pairs, innovative products, features, competitive fees and responsive customer support. Binance will allow you to trade at a margin rate of 3:1, meaning that if you have the Bitcoin equivalent of 1 BTC, you can effectively borrow 2 BTC. If you are engaged in margin trading and your margin balance falls below 1.3, then Binance will get in touch to let you know that a margin call is required to avoid liquidation. Bitcoin (BTC) Bitcoin Cash (BCH) Binance Coin (BNB) Ethereum (ETH) Litecoin (LTC) Tether (USDT) Ripple (XRP) This list by no means final, as Binance.US designates it as “Phase 1” digital asset offering, promising to support a wider range of cryptos down the line. The platform hopes to garner broader support in the US by enabling trading USD for popular cryptocurrencies. Some experts have ... More recently, however, hackers managed to siphon off more than 7,000 BTC (worth over $40 million) from Binance. However, in response to the incident, the exchange said it would cover all user ... Home Reviews Exchanges. Follow us on Twitter or join our Telegram. Binance Review. Binance is a leading cryptocurrency exchange for cryptocurrency traders and enthusiasts looking to buy and sell a wide variety of cryptocurrencies at low fees. Led by its charismatic leader Changpeng Zhao, its defining features are innovation and new features, proactive community, ability to buy bitcoin and ... Binance Trading Platform Binance Futures and Derivatives. Binance Futures, which was launched in 2019, enables traders to speculate on the price of (rather than to purchase and sell) Bitcoin and various popular altcoins, including Bitcoin Cash, Ethereum, Litecoin, Ripple and more.. The platform allows leveraged trading of up to 125x, which means that traders can multiply their profits (but ... Operating for nearly 8 years, BTCC is one of the longest-running Bitcoin exchanges in the world. It was the number one trader in terms of CNY/BTC volumes before closing its home branch. BTCC so far has not had any hacking incidents that we know of. It claims that it keeps 95% of its users’ digital funds in cold wallets with multi-signature ... This is being reported and I Hope Binance is shut down permanently. They are scamming where they can in a way that can not be traced. This is all to do with government that want companies such as Binance to obtain as much bitcoin as they can from people that are holding it. My balance was under $100 not really worth taking but it has been ...
BTC CRITICAL ZONE CARTESI BINANCE IEO REVIEW - BUY OR NOT ?
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