So, IEO is the recent trending topic in the crypto industry! People are very excited about IEOs, because, after a long time, IEO investors made a huge profit from it! But there is a problem too. By seeing the big hype and success of Binance IEO, many new exchanges are coming with their IEO sale! Therefore many low-grade exchanges are bringing IEO sale either! Do you think all those IEOs are worthy to invest? Hell no! Don't fall in the scam, don't be greedy! Most of the new exchange, low exchanges offerings IEO is nothing but a pure scam, they failed to raise money from the ICO sale, so they come in IEO to scam people again who don't like to read and research!
I agree with your point of view because not all IEO projects are successful. Many projects sold on the floor are not really big. Therefore we need to be alert to avoid cases like ICOS has Scams occur everywhere. So don't rush to think all IEOS are good, choose potential projects that tokens are sold on reputable exchange sites.