Altcoin News: The Number of Active and Completed IEO Exceeded 50

April 23, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

According to the ICOBench, during the existence of IEO, including early attempts in 2017, the number of completed, active and announced campaigns is already more than 50.

One of the latest trends in the cryptocurrency industry — Initial Exchange Offering (IEO) — is actively continuing to increase its share in the field of start-up financing.

ICOBench tracks 16 websites to launch IEO at various levels of popularity. Most of the campaigns have so far been conducted on Exmarkets and Probit platforms — 11 and 10 IEO, respectively. Among the well-known representatives of the industry, the Binance cryptocurrency exchange is most noticeable, having already listed 6 projects. Bittrex, Kucoin, and Huobi listed 2, 1 and 1 IEO respectively.

According to ICOBench, 37 IEOs are already completed, 11 are at the stage of fundraising and 4 are just preparing for launch.

Among the latest examples, a CNNS startup stands out, which set the maximum bar at $3.6 million but received $112 million, which is 31 times higher than the originally planned amount.

On the popular Binance Exchange, the next campaign starts on April 24th.

Author: Marko Vidrih