IEO
By Cryptomcmillan1 | Updated on May 24, 2020
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves. IEOs were popular amongst coin teams as it offered a way for teams to be listed on exchanges upon launch, and was also perceived to be more secure for investors as it is already listed and tradeable.
Related Terms
When Lambo
An expression used by investors to ask when the value of their investment could buy them a Lamborghini
Mining Reward
The reward resulting from contributing computing resources to process transactions
Market Taker
Participant of the market who buys and sells from currently existing orders
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
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