In time past, initial coin offering (ICO) was the people's favorite but the proliferation of fraudulent projects led to a decline in its patronage.
Many investors now prefer IEO's over ICO's and I can say that currently IEO's are enjoying more patronage over Ico's
You are saying everything correctly, but now you can find some good ICO projects within a few months, on which you can make good money. Recently, I met two promising ICOs that have already ended, but I managed to participate in them, these are Ferrum and VITE.