The best effect of having this IEO offering is pushing our investors back to try again to play buy and sell. Since the market turns in red everything get collapsing. Investors decrease day by day and the good things made by IEO was showing that world of investment is still alive.
I agree, thats the best thing that IEO can help in the crypto space. Investors are back investing in some projects again and we can see that the market is recovering. But the thing I dont like about this IEO are there are some shitty projects that still become successful because of the hype on IEOs.