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IEOs are literally coming to the West

Yesterday, we kicked off our new GCR workshop series with our first ever workshop with Richy Qiao, Chief Business Officer of Ampleforth. Ampleforth will be the first project to IEO on Bitfinex.In the workshop, Richy discussed the current trends in IEOs that he is seeing in the market and here are some takeaways that may surprise you:

There are a number of US exchanges that are looking to set up their own sort of IEO and issuance platforms, according to Richy. In his article titled "Will IEOs Come to the WEST? Maybe.", which we have shared in full below, Richy teased, “What are some exchanges that could be likely to do so [form IEO platforms]? Poloniex, Bitfinex and to some extent Kraken. What are exchanges that would never dream, dare or care to? Coinbase and Gemini.” in the last few months, I’ve also spoken to many western grade A, B+ projects that are also paying attention to this trend and placing IEOs on the back burner. In the next few m...

 


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