An Initial Exchange Offering (IEO) is a fundraising event held directly on cryptocurrency exchanges by cryptocurrency projects. During an IEO, the exchange serves as a facilitator, hosting the token sale on its platform and performing due diligence on investors’ behalf.
After the IEO closes, investors can purchase the project’s tokens with the exchange’s native coin or other accepted cryptocurrencies, and the tokens are immediately listed for trading on the exchange.
Immutable data or information cannot be changed, interfered with, or destroyed once it is stored in a blockchain or other decentralized ledger systems. Once data is added to a block and validated by network consensus, it is fixed and immutable.
An Initial Coin Offering (ICO) is a way of generating cash utilized by cryptocurrency entrepreneurs. During an ICO, a company sells its own digital tokens or coins in exchange for established cryptocurrencies such as Bitcoin or Ethereum, as well as fiat currency.