Because they are the answer on how to gain back the confidence of the investors in the crypto space.
With the advent of IEO, investors feel safer with investing, although the number of projects that has come into existence is now limited but we can ensure that majority of them are good projects. I believe we quality projects more than quantity alone.
The IEO makes a difference this year, compared to ICOs that have gotten a bad stigma from the public.
Now investors are becoming more confident and most IEOs also provide a very good picture.
I believe that the IEO can have a significant impact on the circulation of cryptocurrencies, now the public and society will be increasingly interested in using it.
Let us just hope that dev teams will not abuse this system. Exchanges, big or small should be stringent in selecting projects to be included in their launchpads. If greed for money will be involved again, we will see this type of fund-generating scheme to fail again.