IEO Platforms/Launchpads: TOP 25+ Exchanges
Crypto currency has revolutionized the process of fundraising. Last year, the main method of collecting funds was ICO or Initial coin offering. As for today, the situation has changed significantly. This is partly due to the fact that almost 80% of ICO-projects turned out to be a scam, in accordance with the Statistic Group research. At the same time, a legislative regulation in most countries hasn’t reached a new level and investors are still not protected from fraud. But since the need for funding has not disappeared anywhere, startups today are going in two ways. The first is the private placement when the project collects the necessary money in a closed mode. This implies a rather high initial interest in the project. The second way – an agreement with the exchanges for the Initial Exchange Offering or IEO.
Initial Exchange Offering is carried out on the platform of a crypto currency exchange. Unlike Initial Coin Offering (ICO), IEO is managed by the exchange on behalf of a startup that is trying to raise funds with its recently released tokens. Since tokens are sold on the exchange platform, tokens issuers must pay a listing fee along with the percentage of tokens sold during IEO. In turn, startup’s tokens are sold on the exchange platforms, and their coins are added to the exchange list after the end of the sale. A crypto currency exchange receives a percentage of sold tokens but, in turn, helps the issuer of tokens with marketing operations.
IEO participants don’t send their contributions to the smart contract as in case with ICO. Instead, they must create an account on the exchange platform where IEO is held. Once done, they deposit funds into their exchange wallets with the help of coins and use these funds to purchase startup’s tokens.
A growing number of crypto currency exchanges began to conduct IEOs. One of the first in the line was Binance, with its IEO Binance Launchpad platform. Although the first IEOs were conducted back in 2017, and the Binance was not the first “who coined the term IEO”, the world largest exchange by trading volume is regarded as the first big mover and trendsetter. The main sensation of the end of February was the success of the Fetch.AI project, which, in the framework of IEO on the Binance Exchange, collected $6 million in 22 seconds. Previously an unprecedented excitement allowed selling the entire amount of BitTorrent tokens worth $ 7.2 million in 18 minutes using the same method. Other successful cases include Bread, Gifto, Celer, and one upcoming called Maric.
Watching the success of Binance Launchpad, other well-known exchanges announced the launch of their own IEO platforms. Here we have collected TOP IEO Platforms & Launchpads.
1. Huobi Prime
In March 2019 Huobi launched and IEO platform called Huobi Prime. Huobi was actually the next major exchange after Binance which managed to perform successful IEO with the TOP Network project. They completed their first selective token sale event in a matter of seconds, with token prices rose by 250% immediately afterwards. Huobi Prime positions itself as a Direct Premium Offering (DPO) platform that provides the users with a variety of advantages.
They position itself as a global leader of blockchain technology and the most trusted digital asset exchange, and they have every right to do so. One of the leading exchanges by trade volume, OKEx, in March announced its own token sale platform – OK Jumpsmart. So far there isn’t any public information about upcoming projects, but we can be sure that they are looking closely for new prospective projects to work with.
Probit is not one of the major exchanges by trade volume but still has some amazing plans with respect to its IEO platform. It has already hosted over 25 IEO’s in past couple months after carrying out its first IEO on in February 2019. Probit has shown some amazing results like the Linix IEO that was hosted on Probit’s launchpad was sold out in mere five seconds. Other successful projects are Spin Protocol, CharS, Wegen, Steemhunt etc.
Established in 2018 Coineal Launchpad has been winning its niche too. It is quite a big exchange with almost $700M daily trading volume. Like other leading exchanges, they have also jumped in the race for and IEO launchpad. Coinreal has already completed IEO’s for IPW Token, Levolution, and Kizuna Global Token. A Vietnam-based blockchain project REDFOX Labs announced that they Coineal seems to be as an ideal platform for its token launch due to the strong regional footprint in Asia and a record of successful IEOs.
Just like the success of its exchange ZB.com, which was a newcomer in 2018 but quickly reached the Top 10 on CoinMarketCap, ZB expects its launchpad to do the same. Previously, the exchange has been accused of faking its trade volumes; nevertheless, ZBG has completed two VIDEOs on their own launchpad with V Systems and Kamari projects.
6. BW Launchpad
Just like its strategic partner ZB.com, BW.com exchange can be characterized by a strong footing in the Asian region. BW Tokens Launchpad has supported six IEO projects to date (FUTUREPIA, PANTHEON X, and Link by Blockmason, Grabity, BLOCKBUSTER and V SYSTEMS).
7. Coinbene
One of the world’s leading trustworthy crypto assets platform. Coinbene is often listed among the Top 10 exchanges and has a big community. Coinbene was talking about their own IEO platform already in 2018, but the first IEO launch was officially announced in March 2019. Coinbene often gets into the top 10 exchanges and has strong support from its community.
8. BGOGO Apollo
It is the first digital asset exchange with super node listing authority, designed to list the most high-quality and promising digital assets. Bgogo.com was founded by members from leading Internet companies such as Facebook, Twitter, IBM, Alibaba, etc. Now they are launching Apollo (IEO Launchpad) and have announced two token sale events for ARM and X-Block projects.
IDAX is an international exchange platform originating from GBC (Global Blockchain Research Centre). IDAX was founded in 2017 and within several months it gained to be in Top 10 exchanges of CMC rank. IDAX provides its users from all around the world with convenient, safe and fast digital crypto currency transaction service. IDAX has announced their first IEO for ZeroBank project, which took place in April 2019. Following IEOs include AlienCloud, Migranet, and xCrypt.
10. BitMax Launchpad
It is a young exchange but a strong derivative platform with access to large high ticket investors. Their first IEO project called DOS Network did not receive the expected support from the community, and already there’s a sense that these projects may struggle to sustain their price once exchange listed. But the first step is always troublesome and we expecting Bitmax Launchpad to produce winners. Bitmax is aiming for a launchpad IEO of 1 per week.
Bittrex International is a secure, reliable and advanced digital asset trading platform developed for international customers and built on Bittrex’s cutting-edge technology. Bittrex announced their first IEO for RAID project in February 2019. The IEO was cancelled as a result of significant changes in the business status of RAID. The fumble with the first project did not stop the company from the second attempt and the Bittrex IEO for VeriBlock sold out in 10.4 seconds on April 2, according to the company report. This significantly contributed to the Bittrex reputation and market optimism in general.
LATOKEN is a rapidly growing crypto exchange focusing on liquidity for new tokens. LATOKEN entered CoinmarketCap’s Top-20 in March 2019 and keeps improving the result. Latoken started their IEO launchpad a long time ago back in 2018 and have actively promoted the projects listed on their platform. Just recently they announced a new IEO for the 7Eleven project.
13. KuCoin Spotlight
Kucoin joined the race announcing brand new platform Spotlight in March. With having lost their position due to the decreased trading volume of late the exchange looks to be heading the IEO way to get its fortunes back. On April 3, the first IEO for MultiVac project sold out in 7 seconds and attracted users from 59 countries.
ExMarkets ecosystem enables customers to trade multiple crypto’s 24/7 through several exchanges at low fees, deep liquidity and tight bid/ask spread. ExMarkets platform is a new generation crypto-exchange providing thick order books and high liquidity thanks to a backend framework. The platform lists 5 IEO’s as completed and shows 6 IEO as ongoing with 3 more upcoming.
15. Cobinhood
COBINHOOD is the next-generation crypto currency service platform, with its vision to shape future economies by creating a crypto financial centre for the blockchain era. Cobinhood remained loyal to the traditional ICO term and offers ICO services for the projects as a turnkey solution including business model optimization, tokenization, marketing and PR. As of today, there have been two completed projects — their own tokensale of the Cobinhood token and another project called CyberMiles.
16. CoinTiger
The CoinTiger platform is a global and innovative crypto asset exchange that provides multi-crypto-currency trading services in multi-language to blockchain enthusiasts around the world. Since the platform was launched, it has continuously iterated with a steady upgrade and now has an increasingly mature ecosystem comprising web, iOS and Android clients application and comprehensive exchange services including cryptocurrency trading, Ticker Capital, Labs, IEO, and voting for listing program. In summer 2018 the CoinTiger platform carried out IEO for TCT – Tycoon Global.
17. Liquid
Liquid a highly sophisticated crypto currency trading platform supporting fiat and dozens of crypto currencies. Liquid is one of the largest exchanges in Asia. Here is a list of IEOs listed on Liquid: Ontology Network (ONT), TaTaTu (TTU), Mithril (MITH), Daostack (GEN).
18. LBank Exchange
LBank it is the world’s leading digital asset exchange, providing global users with digital asset exchange services. Lbank is China-based C2C exchange that supports a large myriad of crypto currencies globally. LBank recently announced to provide Initial Exchange Offerings and determined Oath Protocol to be the very first project of choice.
19. DOBI Trade
DOBI Trade Digital Asset Exchange is the world’s most accessible crypto currency trading platform that aims to create a quick, convenient, and secure trading platform for all different types of traders. BNOW project is listed on Dobitrade Exchange as an IEO on the BNOW/BTC market.
20. ABCC Launchpad
ABCC Launchpad is a new IEO initiative from ABCC Exchange. ABCC team selects top digital assets to be listed on the exchange, based on rigorous due diligence checks and multi-facet evaluation. ABCC Launchpad ensures that only most promising blockchain projects with compelling use cases and followers win the spot in their IEO initiative. It has supported such projects as AIVIA, Connectome and Poseidon.
21. Bibox Orbit
Bibox Orbit is the IEO launchpad from Bibox exchange – AI enhanced encrypted digital asset exchange. It is a token launch platform designed to engage the community into high-quality decentralized projects, encouraging their development and deployment. Bibox cooperated with Ludos Protocol, Force Protocol and X-Block.
22. BISS Launchpad
BISS Launchpad is the IEO launchpad from BISS exchange – World’s First Token-to-Token & Token-to-Stock CFD Trading Platform. BISS carried IEOs for ARPA and Volume Network projects.
Bitforex Launchpad is the IEO launchpad from Bitforex exchange. BitForex is the world’s leading digital asset trading platform dedicated to providing users with safe, professional and convenient digital currency trading services. The company is headquartered in Hong Kong, registered in the Republic of Seychelles. It currently serves users in more than 200 countries. As of today, Bitforex Launchpad organized IEOs for Evedo, Ecomi, everiToken and Magnachain.
BitMart is committed to becoming the world’s top digital asset trading platform, as well as providing users with safer, faster, smoother, and more intimate services for worldwide customers. BitMart Launchpad is the IEO launchpad from BitMart exchange. This April it supported IOTW project.
Gate.io Launchpad is a token launch platform by Gate.io exchange. Gate.io was created to enable a new generation of global traders with the tools to access the revolutionary age of cryptocurrencies. They made IEOs for CNNS, FACTS, MovieBloc, DREP, GoWithMi.
26. HOTBIT Launchpad
Hotbit is one of the professional digital asset exchange platforms that provide trading services among major digital currencies like Bitcoin, Litecoin and Ethereum for users from all over the world. HOTBIT Launchpad is the IEO launchpad from HOTBIT exchange. This April HOTBIT carried out its first IEO for BOOSTO.
27. P2PB2B
P2PB2B is a cryptocurrency exchange that is mainly focused on the needs and interests of businesses. From the B2B point of view, the exchange has several benefits. Open API allows any API apps like exchangers, financial services, startups to get a free listing. Therefore new projects can attract the audience while established businesses give their users more opportunities. P2PB2B is the IEO launchpad from P2PB2B exchange. This May they have started IEO for Gexan project.
Initial Exchange Offering can be considered as an evolution of the ICO. IEO is a crowd funding strategy that relies on an exchange or multiple exchanges, which make the smart contract, event planning, and some marketing campaigns.