My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
IEO are not totally bad, I said so because investors might face some hiccups on some IEO offering. But so far I see it as a more better option than the ICO so I suggest you look at the positive side of the IEO which I believe is more than the negative