I would say that it is the latter -- the lesser evil -- compared to the usual ICOs which we experienced in 2017 and 2018. We have to acknowledge that indeed IEO is an improvement in fact a big jump ahead from the ICO days. However, nothing is perfect all because a project can still be accused of selling securities in USA. So the best solution is to make sure that one is not conducting business within USA and not to any USA citizen inside and outside of the said country and then make sure that no one also get into the secondary market within the 1-year provision period. But does IEO means it is safer for the investors who had seen so many scams and failed projects in the past? I think that is the harder part...and let's see in the coming years how the whole thing behaves.