Trading is integral to any well functioning capital market. Dharma explores the projects and players who are helping bring liquidity and price discovery to an immature and inefficient market in cyrptocurrency - and getting paid handsomely for doing so!
Derek Hsue of Blockchain Capital provides an in-depth analysis of the rise of IEO’s and what they mean for the crypto capital markets. While IEO’s haven’t reached the scale that the ICO craze did in 2017, it feels like the fundraising method was created to give exchange tokens the same monetary premium ETH received during the last bubble. IEO returns to day very well may have contributed to the recent market uptrend as early investors were able to generate a quick return off of risky assets. Luckily, it doesn’t seem like IEO’s will be as pervasive as ICO’s once were.