I always stay away from there overhyped projects, they tend to crash and burn after the ICO.
(hint - tezos)
Did you read the thread posted above your post? You may want to do that.
It points out that ETN had the most actual NUMBER of investors in history.
You reffered to Tezos which was CLEARLY a bunch of WHALES because it had a small number of investors, and raised $240 million.
Most expected that Tezos was only going DOWN first, but ETN is the opposite. It had 120,000 investors with only 40 million dollars because they cleverly placed the hardcap there.
ETN sold out 11 days early, when it was raising about 3-4 million a day. So there is about 50 million or more (because everyday the number of investors was increasing) of demand stacked up waiting for exchanges to open.