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.?
I am also joining with you . I also created some thread for informing people there is enough project in crypto space we can invest . No need for new project whether ICO , IEO or anything . It is spoiling investment in Crypto space . Lots of these IEO or ICO investments going away from crypto space.