What do you think about the project that spent a lot of money to advertise but was taken advantage of by cheater, I saw a person who created a lot of accounts to cheat and eat over 5000 $, there are really a lot of very good projects. but it is these fraudsters that cause those projects to die. I think there needs to be a company specializing in combating fraudsters. Cryptocurrency can grow
It's actually long overdue, the industry needs transparency and regulation, but the big question is the structure and who will run the regulation, and how transparent they are going to be, remember we all thought rating sites are going to help us scrutinize every project, but they end up conniving wit these dubious projects.
IEO is a lifesaver for investors if not for this, investors will turn their back to crowdfunding and they will just buy coins in the market.
The last IEO I partook in wiped off 85% of my investment.
IEOs are not that better than ICOs...
Lesson learned.