Binance reigns as the largest Initial Exchange Offering platform, finds BitMEX research

2019-5-14 23:30

Initial Exchange Offerings [IEO] is usually referred to as the concept replacing Initial Coin Offering [ICO]. More so, several new projects are opting to raise funds via an IEO instead of an ICO, considering the fact that top exchanges are the ones providing this service.

Binance, one of the largest exchanges in the world was one of the first exchanges to introduce a token sale platform, Binance Launchpad. The platform conducted a token sale for nine projects, with the most significant one being the BitTorrent token sale. A recent report by BitMEX research on Initial Exchange Offerings revealed that Binance was the largest Initial Exchange Offering platform.

Additionally, the exchange raised a total of $17.3 million in IEOs so far, with BitTorrent being the largest token sale on the platform since it raised $7.5 million via the IEO. The second largest token sale that took place on the platform was the Celer Network, with the project raising $4.5 million, and the third largest was Fetch.AI, with the project raising $4.1 million.

Source: BitMEX research

Notably, other exchanges providing token sale services on the platform include Huobi, Bittrex, Okex, BitMax, and KuCoin. So far, Huobi has held two token sales on its platform, for TOP and Newton, and secured the second position after raising a total of $8.1 million. Bittrex stood third with a total of $7 million for one project, VeriBlock.

BitMEX research stated,

“The number of IEOs taking place has intensified in recent months, as the model is proving somewhat successful. Smaller exchange platforms are attempting to replicate the model [..] US$38.9m has been raised so far by IEOs in 2019 (up to 25th April). Binance has been the most prolific IEO platform by a considerable margin.”

Top exchange platforms by IEO funds raised | Source: BitMEX Research

The post Binance reigns as the largest Initial Exchange Offering platform, finds BitMEX research appeared first on AMBCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

ICO OpenLedger (ICOO) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1271 (-100%)

binance offering exchange largest ico ieo exchanges

binance offering → Результатов: 73


BNBMatrix: A BSC Based Yield Farming Dapp Offering up to 17% Daily ROI

Since its launch in September 2020 as a parallel platform by Binance, Binance Smart Chain (BSC) has been making its presence felt in multiple financial technology markets. With its low transaction fees, fast processing speeds, and compatibility with Ethereum Virtual Machine, it is offering an unbeatable user experience to NFT, Dapp, and DeFi developers.

2021-11-10 21:47


Ledger Nano S Wallet to Provide Support for Binance DEX Trading Without Private Key Exposure

Ledger, a firm devoted to offering security solutions for cryptocurrencies and for releasing the first and only certified hardware wallet, announced on Tuesday, April 23, that traders can now use the Ledger device to trade cryptocurrency using Binance’s native token, BNB on the Binance DEX, a decentralized exchange running on the Binance Chain.

2019-4-24 19:55


DRIVE Markets ICO

Short description: DRIVE Markets, is an institutional crypto and fiat currency exchange, offering high frequency futures and spot trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum. Main Content: Overview DRIVE Markets, is an institutional crypto and fiat currency exchange, offering high frequency futures and spot trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum.

2019-3-31 12:40


Фото:

Спекуляции и манипуляции: зачем криптобиржам IEO

После успешного запуска Binance Launchpad тренд на Initial Exchange Offering (IEO) подхватили еще как минимум 5 криптобирж. Новый инструмент позволяет проектам собрать за считанные минуты миллионы. Но что стоит за новым поколением ICO?

2019-3-30 15:00


Bittrex объявила об отмене проведения первоначального предложения токенов (IEO)

Всего через пару дней после сообщения Bittrex о запуске платформы для начального предложения токенов – Initial Exchange Offering (IEO) и старта первой продажи токенов, биржа решила отменить IEO и опубликовала об этом сообщение.

2019-3-15 11:49


Bittrex представила собственную платформу для первоначального предложения токенов

Базирующееся на Мальте новое подразделение компании Bittrex – платформа Bittrex International, созданная по аналогии с Binance Launchpad, планирует вскоре провести продажу токенов, которая получила название Initial Exchange Offering (IEO).

2019-3-12 12:38


Биткоин-биржа Bittrex запускает аналог Binance Launchpad

Базирующаяся на Мальте торговая площадка Bittrex International запускает собственную платформу для проведения первичных биржевых предложений (IEO). History in the making! We are excited to announce that Bittrex International will host its first Initial Exchange Offering (IEO) on March 15, 2019 at 10am KST.

2019-3-12 10:28


Profits of Binance’s BNB Coin Will Not Be Shared with In-House Token Holders, Amid Regulatory Difficulties

A new Q&A session was recently hosted on social media by Mat Greenspan, but it roped in CEO Changpeng Zhao of Binance, discussing a range of issues. One of the questions turned the attention to profit sharing, as the Twitter user asked if BNB would be offering this benefit to holders, “like other exchanges?” After […]

2019-3-6 05:19


Litecoin Foundation будет спонсором поединка UFC

Фонд Litecoin Foundation окажет поддержку мероприятию Абсолютного бойцовского чемпионата (UFC). Согласно опубликованному 26 декабря заявлению фонда, он станет «официальным криптовалютным партнером» титульного поединка в полутяжелом весе между Джоном Джоунсом (Jon Jones) и Александром Густафссоном (Alexander Gustafsson).

2018-12-28 11:59