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What does IEO mean? What are the IEO concept currencies?

What does IEO mean? What are the IEO concept currencies? In fact, IEO is one of the four financing methods. IEO refers to the issue of tokens with the exchange as the core, directly skipping the step of ICO, namely the first token issuance.

It is reported that many people still don't know what the IEO concept currency means until now? Let's start with IEO. In fact, IEO is one of the four financing methods. IEO refers to the issue of tokens with the exchange as the core, which directly skips the step of ICO, the first token issue. Just like the platform currencies of the three major exchanges belong to IEO, the advantage of IEO is that you can get the money in the first place, which saves the process of financing and subscription. It is more convenient and flexible to directly list and trade in the digital currency exchange, and IEO provides a higher degree of trust between digital currency projects. What are the IEO concept currencies? Now let's get to know.

What are the IEO concept currencies?

1.MATIC

MaticNetwork is a second tier extensibility platform, which enables fast, simple and secure offline transactions. It can not only pay for transactions, but also realize generalized off chain smart contracts. MaticNetwork is an important contributor to the Ethereum ecosystem. It is committed to implementing plasma MVP (the lowest running plasma). WalletConnect protocol and Ethereum event reminder engine Dagger have made outstanding contributions. Matic tokens are used for equity bets and participate in the certification consensus mechanism of the side chain network.

2.BTT

Today, many Internet users are familiar with the BitTorrent peer-to-peer protocol invented by Bram Cohen, which provides support for Torrent customers everywhere. With the TRC-10 utility token BitTorrent (BTT) based on the TRON blockchain, BitTorrent extends its familiar protocol and creates a token based economy for the network, bandwidth and storage resources on the existing BitTorrenT network, thus providing a way for the network participants to capture the value of shared bandwidth and storage.

3.ONE

ONE coin is the original token of Harmony project. Harmony is a decentralized, fast and safe high-performance blockchain. Harmony's main network supports 4 shards and 1000 nodes. The transaction can be finally confirmed and the block can be exported every 2 seconds. Harmony's unique effective proof of equity mechanism (EPoS) reduces the centralized risk of mortgage, while supporting the compound interest of token entrustment and block reward. At the same time, EPoS is the first mortgage mechanism to implement double signature punishment in the sharding system, which can effectively protect the security of Harmony blockchain.

4.FTM

Fantom will reward fair reviewers with FTM tokens. This will motivate all participants to do valuable things on the platform and establish a reliable ecosystem. The reward agreement will establish a smart contract on the reputation agreement according to the number of transactions, and reward each transaction after meeting the conditions. How the project operates Fantom is a modular Lachesis representing a layer of consensus in the blockchain technology stack, which can be inserted into any distributed ledger.

5.RSR

Reserve aims to establish a stable and distributed stable currency and digital payment system. Its stable currency has the characteristics of self regulating supply in combination with demand, and has 100% or more collateral support on the chain. The ultimate goal of Reserve is to create a universal value storage medium - especially in areas with unreliable financial infrastructure and/or high inflation. The Reserve project was supported by Peter Thiel, co-founder of PayPal, Sam Altman, president of YCombinator, and many influential investors in Silicon Valley and digital assets.

6.FET

Fetch. AI combines machine learning (ML) and artificial intelligence (AI), multi-agent systems, and decentralized ledger technology to build the economic Internet. With practical guidance and forecasting, the digital agents of economic activity components (such as data, hardware, services, people and infrastructure) can efficiently complete their work. Fetch is committed to popularizing the autonomous system in all markets. At present, the process of market autonomy needs to invest a lot of human and material resources; Automated economic transactions help the market operate efficiently and smoothly. According to Fetch's vision, everyone will have multiple economic agents on the Fetch.AI platform.

7.COTI

Coti (COTI currency) is a payment transaction network, which is built from the bottom to solve today's payment challenges. By introducing a layer of trust for all buyer and seller interactions, COTI eliminates the friction of the payment experience. COTI is the first platform optimized for creating coins with stable prices. By issuing your own brand stable coins, you will regain full control of capital and data. The stable coin is designed to minimize and eliminate the price fluctuation of cryptocurrency. COTI provides customers with the technology needed to power stable coins by providing them with reliable private brand stable coins. The Company can adjust the stability mechanism according to any assets it chooses.

8.SERO

SuperZero (SERO) is a private digital currency that supports Turing's complete smart contract, and also a privacy protection platform that allows developers to publish anonymous digital assets on their own, enabling decentralized applications to have privacy protection functions. SERO is a milestone in the development of the blockchain industry. SERO Token supports Token, Ticket and Package, which can not only be used as anonymous digital assets, but also be used to store complex data structures with privacy needs, so that future blockchain technology can be more commercialized, and at the same time, it can ensure that sensitive business information is not disclosed on the blockchain.

9.MBL

MovieBloc is a film distribution platform based on blockchain technology. The creators can obtain transparent revenue content, audience data and fair screening opportunities. The audience can access a variety of film works, and can provide curators, foreign language subtitles, and marketing design materials to the MovieBloc ecological community to obtain profits. MBL currency can be used in economic activities such as watching high-quality works, paying fees to translators and designers, and donating money. Users can obtain MBL by reporting illegal works, writing scores and comments. MBL can get profits from the advertisements on MovieBloc platform.

10.CELR

Celer Network is a high-performance Layer 2 expandable platform, which aims to realize the grand vision of bringing the Internet scale into the blockchain and helping the blockchain to be commercialized through the above technical innovation. On the basis of the traditional off-line solution, it proposes a new technical solution and economic model, and the experimental simulation results of this solution show that the performance is improved by an order of magnitude. CELR Token can be used as collateral for anti fraud bonds of liquidity lending, payment media for payment channel registration fees, transaction fees and other possible service fees.

In general, the above content introduces 10 currencies of IEO concept, including CELR, MBL, SERO, COTI, FET, RSR, ONE, FTM, BTT and MATIC. I hope this IEO currency inventory can help you better understand the IEO concept currency. The decisive factor of whether the IEO project is profitable or not is not the quality of the project itself. The decisive factor lies in the exchange. Because the exchange's own audit system has replaced the general supervision and changed from the currency issuer to the currency issuer, it can be said that it gambles on the credibility of the platform. If it is a bad exchange, it will work with the project party to cut everyone's leeks, Therefore, it is not a problem for everyone to choose the IEO of a regular big name exchange.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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