IEOs 101 with Lionel Iruk
The Bad Crypto Podcast
Joel Comm and Travis Wright
4.5 • 1.2K Ratings
🗓️ 17 June 2019
⏱️ 42 minutes
🧾️ Download transcript
Summary
Old McToshi had a startup, EIEIO. And for that startup he needed cash, EIEIO. With a crowdfund here and a crowdfund there, here a block, there a chain, everywhere a blockchain. Yes, Old McToshi needed cash, but how to raise you know?
In the past we’ve discussed ICOs and STOs, but today we enter the realm of the IEO, the Initial Exchange Offering. And we’re joined by Lionel Iruk, Managing Partner at Empire Global Partners, to help make sense of this latest form of crypto crowdfunding.
Remember, it’s AEIOU and sometimes Y, as we’ve got all the vowels on episode #277 of The Bad Crypto Podcast.
Full Show Notes at: http://badco.in/277
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DISCLAIMER:
Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.
We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.
Show Edited By: Aaron The Tech (http://aaronthe.tech)
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Old MacToshi had a startup, EIEO, and for that startup he needed cash, EIEO, with a crowd |
| 0:10.0 | fund here and a crowd fund there, here a chain, everywhere a blockchain, old |
| 0:15.2 | MacToshi needed cash. But how to raise, you know? Well in the past we've |
| 0:20.9 | discussed ICOs and STOs, but today we enter the realm of the IEO, the initial |
| 0:27.4 | exchange offering, and we're joined by Lionel IREC, managing partner at Empire Global Partners to help make sense of this latest form of |
| 0:36.1 | crypto crowdfunding. Remember, it's A E, I-O-U and sometimes Y, as we've got all the vowels on board for episode number |
| 0:44.4 | two hundred and seventy seven of the bad crypto podcast. |
| 0:48.3 | Five four, three, four, four, three, four, and five, four, four, four, zero, suggestion. |
| 0:57.0 | Who's bad? |
| 0:58.0 | And welcome to the bad crypto podcast, the show for the |
| 1:05.9 | crypto curious and the crypto serious and all the peoples no matter where you are |
| 1:10.3 | on the spectrum that dig crypto, the future of digital money because it's |
| 1:15.9 | coming your way, like it or not. |
| 1:18.3 | I'm Joel Com and not with us, at least for this part of the show is Mr. Travis Wright. |
| 1:23.0 | He's on for the interview because we conducted that previously, but as I record this, Travis is in a vehicle en route from Illinois to Missouri. He went to see Sir Paul McCartney and said it was |
| 1:37.4 | maybe the best concert of his life 33 songs and he is riding high on that Beatles vibe. So anyway, just me for this portion and I want to give a shout |
| 1:48.8 | out to our sponsor Blue Share, Blue Share. I. Oh, hopefully by now you've checked out the website. Their |
| 1:55.2 | security tokens are the BSTs. So now we got some consonants, right? We did the |
| 2:00.2 | voles. Now we got some consonants. And these guys have a construction business |
| 2:04.9 | and a mining and exploration project business. |
| 2:08.1 | And they claim to be the first one of their kind |
| 2:10.6 | to offer shares of their security using Ethereum smart contracts. |
... |
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