Agree, that all IEO become just a flip story and no matter what project is collecting funds and what idea they want to bring to the world. In ICO was more risks, so investors research projects more carefully.
the risk is the same as there really is. Before investing in all projects I think we need to be careful. as well as the IEO or ICO, both are at risk. but maybe now the IEO in large exchanges gives less risk than ICO projects that may not get much investor trust now.