Tuesday 17 March 2020

Things To Keep In Mind When Opening An IEO Exchange


Blockchain technology is changing the way businesses approach crowdfunding. The decentralized platform enables entrepreneurs to circumvent third-party networks and reach investors directly. This helps startups to raise funds quickly and efficiently. Today, there are many blockchain-based funding models such as the Initial Coin Offering, Security Token Offering, Tokenization, and more. Of these, the Initial Exchange Offering or IEO model takes the cake.

As the name suggests, IEO projects are listed on cryptocurrency exchanges. This benefits both the entrepreneur and the investor. While the former can promote their projects better and raise funds faster, the latter is assured that they are investing in compliant projects. Using this funding model, projects can reach their hard cap goals within a matter of seconds. Here are some features that you can include when developing your platform:
  • Tokenization Support: Help startups with the token creation and distribution process.
  • Compliance Checks: Reduce fraud by verifying projects and checking their compliances before listing on your platform.
  • Listing Marketplace: Allow investors to view the different IEO projects available on your platform easily.
  • User Dashboard: Enable investors and entrepreneurs to manage their portfolios and products effectively using a robust and secure platform.
  • Admin Dashboard: Track activities and trends as well as organize different processes through an integrated and powerful admin panel.
In 2020, launching cryptocurrency or blockchain projects is not a hassle. With the presence of many companies offering premium development services, startups can easily benefit from these nascent technologies. Blockchain App Factory is one such company that is both trusted and experience. They have a spectacular developer team who can help you build IEO Exchange that are fast, feature-rich, and scalable.

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