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
Ponzi Scheme
A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.
Market Order / Market Buy / Market Sell
A market order is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.
Algorithm
Algorithm is a set of rules to follow to solve a problem or conduct a task.
Market capitalization (market cap)
In Crypto, market cap is measured by multiplication of the circulating supply of tokens or currency and its current price
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