Initial Exchange Offerings, commonly known as IEOs, represent an innovation in the world of cryptocurrencies, serving as a method for projects to raise capital. Unlike Initial Coin Offerings (ICOs), where the project team directly approached the public, IEOs are conducted on the platform of a cryptocurrency exchange, which performs due diligence and takes on the responsibility of selling the tokens. This collaboration with an exchange is intended to provide greater trust and transparency for investors, as the exchanges endorse projects they perceive as credible, thus filtering out potential scams.
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