THE COLLECTIVE, Our Switch From ICO to IEO

The Collective
3 min readApr 18, 2019

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Since the very first Initial Coin Offering (ICO) in 2013, the fund-raising mechanism has helped many crypto/fintech companies raise billions of dollars in revenue and in return, enabled promising ideas to morph into successful projects. The latest development comes by way of the IEO or initial Exchange Offering. These are similar to ICO’s, but the fundraising procedure is carried out by an exchange on behalf of the token issuer. Exchanges such as Kucoin, Binance, Huobi and Okex are amongst some of the exchanges already offering the IEO’s which have recently resulted in some of the quickest selling campaigns in history.

THE COLLECTIVE Switch

We are a Guernsey based Fintech company that provides 24/7 community management to clients and have recently announced that we will also launch an Initial Exchange Offering, making a key switch from ICO to IEO. The exciting news comes as we continue to grow our services and expand our team and MVP (Community Management & Development Services). The move from ICO to IEO is scheduled for the end of April 2019 and to be conducted through the ChainCreator Exchange

Through the IEO, we expect to benefit from the extended reach of ChainCreator’s existing user base and their social media platforms. The CDEX token (native token of THE COLLECTIVE) will also receive automatic and immediate listing upon IEO completion. In return, ChainCreator will benefit from Increased trade volume prior to and upon completion of the IEO, additional long-standing users and enhanced exposure from our community.

For those investing in our IEO, there are also several benefits which include Immediate liquidity provided upon IEO completion and confidence in THE COLLECTIVE due to the legitimacy and audit checks carried out by ChainCreator. More about the benefits of an IEO can be found here https://link.medium.com/3v5fzgLTYV

The announcement is testament to our vibrant and dynamic team who are utilising a strong period of growth to further develop our MVP and robust roadmap. The imminent IEO launch should come as welcome news to our community as the decision has been made in part, by listening to those within it and reinforces our vision of empowering those within the community.

About THE COLLECTIVE

THE COLLECTIVE operates an ecosystem of products and or services with community management at its core. The ICO/IEO is being used to fund products beyond its MVP which include:

· CDEX, a fully functioning global decentralized marketplace for Ethereum based tokens.

· TraderOne, a centralized exchange. TraderOne will be a robust trading platform for trading all different types of digital assets.

· The CollectiveGO game. This will be an augmented reality experience powered by our native token (CDEX) and monetized through various digital currency advertisers.

· The Collective Global Initiative. This encompasses all the core values while providing creative ways to unite the gig economy, establish general best practices for the entire industry, and protect communities by providing trustworthy outlets for everyone in the crypto space to enjoy.

Website: http://www.thecollectivegroup.org/ico/

THE COLLECTIVE News Channel: https://t.me/TheCollectiveFusion

Official Twitter: https://twitter.com/TheCollectiveGo

Official Medium: https://medium.com/the-collectivego

Official Facebook: https://www.facebook.com/groups/1176407375842141/?ref=share

About ChainCreator

Chaincreator (CC), a Swiss based company is focused on developing sustainable solutions in the blockchain and cryptocurrency industry. Chaincreator has built an ecosystem of crypto platforms designed to solve the majority of the problems in the market. From launching an ICO from scratch, to creating an exchange platform and everything in between, CC aim to provide an A-Z solution for all to use. Some of the major areas within ChainCreator include:

· Chaincreator Exchange

· WhiteLabel Exchange

· Chaincreator Market

· Chaincreator Studio

· Chaincreator Community

· Chaincreator News

· Chaincreator Money

· The Chaincreator Brand Ambassador

Website: https://www.chaincreator.org/

Official Twitter: https://twitter.com/ChainCreator

Official Telegram: https://t.me/chaincreator

Official LinkedIn: https://www.linkedin.com/company/chaincreator

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The Collective

We are a highly responsive team of independent contributors who can deliver a broad range of content and community support during your ICO.