Research from The Block shows that while some IEO’s have been wildly successful, the majority are not profitable for investors. IEOs are Popular but Not Always Profitable On Wednesday blockchain and cryptocurrency researcher, Larry Cermak posted an intriguing Twitter thread about the performance of IEOs in 2019. According to The Block head of research, about 180 blockchain projects secured funding through an internal exchange offering (IEO) and currently 40 exchanges have hosted at least oneRead MoreThe post Just 64% of Legitimate IEO’s Were Profitable, New Data Shows appeared first on Bitcoinist.com.
