In 2019, there have already been 32 IEOs launched, and these completed IEOs have raised over $159 million. The success rate of IEO seems to grow, at present. IEOs have its advantages like trust, security, marketing strategy, and listing. People believes that IEOs can revolutionize the industry by eliminating scam and dubious projects from raising funds, which have been evident with ICOs. This might be a smart move for companies but not all projects might benefit from IEOs. Well-preparedness in terms of business model, app, vision, budget, among others must be considered.
This is a very impressive number and I believe that the IEO can replace ICO in the near future because currently ICO projects are not trusted by people and I am very bored to read a bad ICO project. In my opinion, IEO is getting more and more popular and if projects are on the right track it will be very beneficial for investors because this is just the beginning of the IEO and there will be many other good projects waiting so be ready for new era that we dream of because i believe only the IEO can help us become richer faster.