With the global crypto market expanding at an incredible pace, investors across the world have been looking for hidden gems, hoping to find the ‘next big thing.’ IEO platforms, like Gate.io’s Startup, have become one of the most popular ways for investors to get in early on promising new projects.
What is an IEO and what are its advantages?
Initial Exchange Offerings or IEOs, give early-stage crypto companies the opportunity to raise funds from regular crypto investors, while being listed on a premier crypto exchange at the same time. Companies provide a set amount of tokens, which are distributed to participants of the IEO. Unlike ICOs, IEOs are a safer bet for investors as exchanges do a thorough vetting of projects hoping to list on their platforms, cutting out the scams and focusing on projects with long-term potential.
What is Gate.io Startup?
Gate.io Startup is Gate.io’s very own IEO platform, one of the most popular in the world, with projects verified and authenticated by Gate Ventures. With Gate.io Startup, the exchange’s users gain early access to new and innovative projects, with several success stories such as Fantom and Harmony having listed on the platform.
Projects listed on Gate.io Startup, are usually in the very early stages of their operations and the Startup team does thorough vetting of projects, evaluating their goals and objectives, finances and accountability, as well as the team members and other stakeholders involved in its operations. The firm remains committed to ensuring users’ assets and investments are kept safe, announcing a new rule that should a project failing within a year, the company will provide refunds at 65% of the issued price.
Many of the projects listed on Gate.io Startup investors have seen high ROIs, with the highest single-month returns being in January 2022, seeing returns of 80x in that month alone. According to data from CryptoRank, Gate.io Startup currently has an average ROI of 152.71% and an ATH ROI of 2,241.7% as of February 23, 2022.
Why you should choose Gate.io Startup
The Gate.io Startup team continuously researches new opportunities, vetting new markets and products with potential for growth, as demand for cryptocurrencies worldwide continues to grow by the day. Gate.io continues to show interest in a wide range of industries, including NFTs, GameFi, DeFi, Web3 and more.
“Over the last year, the crypto market has reached new highs as the amount of both traditional and institutional investors in the industry grew rapidly. As interest in the market continues to grow, we remain committed to supporting new projects in the space, allowing investors to get in early on some potential gems through Startup,” said Marie Tatibouet, Chief Marketing Officer at Gate.io
By utilizing the resources offered by the wider Gate.io ecosystem, especially Gate Ventures, Gate.io Startup is able to offer both investors and projects alike a unique value proposition while ensuring only thoroughly vetted projects with a lot of potential are listed on the platform. If you’re looking for the next ‘big thing,’ it may very well be listed on Gate.io Startup first…