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
gm Good Morning
gm is the short form writing for good morning. Used extensively within the crypto community where individuals greet each other casually. On the other hand, good night (gn) is used when people sign off for the day.
Bearish
A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.
Goblin Town
A term used to describe the market's persistent downtrend, synonymous with "bear market".
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
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