Poloniex Enters Controversial IEO Space With Tron-Only Platform

Cointelegraph

Published Apr 06, 2020 01:00AM ET

Updated Apr 06, 2020 02:40AM ET

Poloniex revealed its forthcoming Tron (TRX)-powered initial exchange offering (IEO) platform on April 5.

Projects seeking to conduct their offerings on Poloniex’s LaunchBase platform face the stipulation of issuing tokens in exchange for TRX, and will be considered on a “first-come, first-serve” basis.

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