One of the most hyped-up news stories of the past week has been the Fetch.AI project, which raised $6 million in 22 seconds in an Initial Exchange Offering (IEO) on the Binance exchange. Previously, thanks to very high levels of activity, the entire volume of BitTorrent tokens was sold for $7.2M in 18 minutes, using the same tool.

What is an IEO (Initial Exchange Offering) and what are the key differences between it and a traditional ICO? You can find answers to these questions below.

Last year, the ICO (Initial Coin Offering) was the most popular method of fundraising. I…

Maria Stankevich

Head of Business Development and Communications at EXMO Cryptocurrency Exchange www.exmo.com

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