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
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
Hash
A hash function is an output code (unique and alphanumeric) that we obtain from an input string,
Privacy Coins
Cryptocurrencies that are designed with transaction anonimity and user privacy in mind.
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