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 do agreed that not all IEO are good, just like what I saw from la token, there are many project who undergo to this exchange through IEO, and yet after the project was done, the token to this platform now has zero volume in the market and one of this example are VTM, Got, and last was Ideal. Therefore, IEO would only be good if the exchange are like Idax, Binance and more.