IEOs are rapidly becoming popular in the world of crypto. A lot of projects are quickly taking the path of IEO to boost their token sales and register a good record.

IEOs have already become a famous way to sell out tokens in a record amount of time which has in turn seen many exchanges to turn to this amazing strategy.

Bittrex, another exchange that has taken the path of IEO, recently held an IEO for one of its clients, STP, and as the case has always been, sold out the IEO in under one (1) minute!

You can check out the details of the IEO in this recent tweet of theirs;

https://twitter.com/BittrexIntl/status/1138491243888021506