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Is IEO a new ICO? Venus collected 200k in less than an hour on Lukki Exchange Launchpad

Initial Exchange Offering – IEO – has become an expected ICO alternative. ICO has lost the trust of the crypto community due to the great amount of scam. The main feature of IEO is the strict binding of the token sale to a specific exchange. The platform, which undertakes to organize IEO, studies the project and determines its reliability and availability. Representatives of the exchange conclude an agreement with the project managers and prescribe all the basic parameters and conditions including the estimated price of the token, softcap, hardcap, the maximum amount of emission, the details of the distribution of the investment received.

That is, IEO makes digital assets more lively and transparent, giving investors all the information they need about the project.

A good proof of this was VenusEnergy IEO on Lukki Exchange Launchpad, during which the project collected $200,000 in less than one hour. 

VenusEnergy project offers a way to extract cryptocurrency with the help of electricity generated from renewable energy sources. This is especially true for large mining farms (with a large number of servers) that consume large amounts of energy.

During VenusEnergy IEO they raised $200,000 in 15 minutes during round 1 and reached the hardcap. Further, $200,000 raised in 9 hours during the second round. The total amount of funds raised was $400,000 in one day and 2 rounds.

Lukki Exchange Launchpad offers a set of high-level tools for conducting IEO. Lukki is a platform with a high-security level, which supports multi-currencies for IEO such as BTC, ETH, USDT. 

The platform offers several packages that consist of all the necessary tools for successful IEO, including effective marketing services. 

95% of digital assets collected are stored in a cold wallet in order to protect funds from theft or loss. Data is stored with the strongest multi encryption algorithm. Lukki provides top-level DDoS attack protection, as well as HTTPS(SSL) website security to protect against MITM and phishing attacks.

Lukki team provides project’s support in Lukki social networks and makes publications in media. A set of promotional tools depends on the chosen package.

The platform is able to support different lock-up and bonus via multi-tranche and rounds.

All сollected funds will be released to the project team immediately after every purchase, and all unsold tokens will be refunded.

Lukki Exchange has a strong internal KYC department, which covers a verification in accordance with all regulatory requirements.

The platform is going to conduct more IEO. It always works on the technical and marketing sides of the crowdfunding process.

It is not surprising that IEO shifted the traditional ICO from the crypto arena. One of the main benefits of IEO is trust. Since the crowd sale is conducted on the exchange, each project and its team is thoroughly checked by the side, which wants to launch IEO on its platform. This reduces the risk of losing funds, thefts, and scam. This also increases investor confidence in the crypto market, which, in turn, contributes to the organic development of the crypto sphere.

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