What is IEO?
IEO stands for Initial Exchange Offering, a form of initial coin offering directly managed and supervised by cryptocurrency exchanges. The crypto exchanges take responsibility for overseeing a particular token sale. The IEO platform offers investors a higher level of due diligence, making them more appealing than ICO. IEOs are also a popular method for blockchain projects to raise funds and distribute tokens to investors or the broader public.
The process for Initial Coin Offering entails that the organization seeking to raise funds must partner with a particular crypto exchange. The crypto exchange enables the sale and distribution of tokens. Access to IEOs is available for users of the exchange.