I think the IEO will be a long game. It is different from ICO. It is secured by exchange. The game becomes easier. You can lose money but not lose everything. Because the exchanges carefully checked the project before the IEO.
Actually, I think it's not much different than the ICOs. It just skips the waiting period until it reaches to exchange. yes, I agree with you. there is more secure than the investing in ICOs. But we need to be careful when dealing with newborn exchanges