In fact, everything in the world related to money is gambling. The IEO is a good way to fight scammers, build investor confidence in the crypto market. Before a token is sold, the project has been appraised by the exchanges so this thing helps us secure more mind when investing.
Well true actually. But what do we do to cases of some exchanges scamming project owners of the sales funds. A renowned exchange was found wanting by 7 different projects just last week.. This in itself is posing as one of the shortcomings of IEOs