yes, i agree with you and IEO just an upgraded from ICO
the main advantages if a project do an IEO is the project will automaically listed on exchange after IEO ended
but ICO still have a good respond if the project look promissing with great team inside
because i still believe if not all ICO bad
I wouldnt say the concept of ICOs is bad, its more or less nothing else than crowd funding. Bad is what happened to ICOs at a whole:the main advantages if a project do an IEO is the project will automaically listed on exchange after IEO ended
but ICO still have a good respond if the project look promissing with great team inside
because i still believe if not all ICO bad
- Exit scams and frauds
- Broken promises
- Stopped projects after listings
- ...
Since there are no regulations projects can do what they want and dont have to fear any consequences. Thats one of the reasons why ICOs are pretty dead in my opinion, investors fear that they may lose all their money.