Move over ICOs, there's a new kid on the block: IEOs
Initial Exchange Offerings are the latest fundraising and speculative craze. The basic premise behind an ICO is the same, you're still selling tokens, except that's done using an exchange's platform and token instead.
There are a few noteworthy attributes here. The first is that exchanges are endorsing and popularizing projects, which hopefully should raise the quality of IEOs compared to ICOs. The second is that these exchanges commit to listing the projects they launch, which removes a key risk (11% of healthcare ICOs were listed!). The third is that IEOs are engineered to produce speculative mania through selling only a sliver (typically less than 10%) of the total supply of a project. Lastly IEOs are raising less than the ICOs of 2017/2018, though they are still raising millions.
Regardless IEOs suffer from the same problem that ICOs did: no one knows how to create sustainable value with a token yet.
Until we figure that out it won't matter how a token is launched. Vitalik Buterin's On Collusion
The State of Crypto Interoperability
Blockchain Research Newsletter #2: ZEXE and Zether
Blockchain Research Newsletter is a great, relatively unknown newsletter which occasionally reviews and unpacks important academic works related to blockchain technology. This instance they looked at two new approaches to privacy, ZEXE and Zether.