Yes, you are right to some extent, people seem to be in favour of IEOs. My concern is that the bull run has brought a new type of investor who knows little about the original Bitcoin ideals, with decentralised money being a key part of the currency.
I get your point. In this fast changing cryptocurrency market, we cannot really prevent such things from happening. This is probably the reason why folks like us are here for.
A bit off-topic but I think it is safe to liken the situation to how some people have moved from decentralized cryptos to centralized types like XRP. Imagine also how some people here became so happy with the launch of a stable coin with centralized network (libra).
What is your opinion on Bisq exchange? Is there market potential in creating a new DEX project?
I have not tried bisq yet. I've only heard that it is not user-friendly yet. It maybe a good chance for them to step up now to capture the traders leaving IDEX.