My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
Before, During and After IEO, exchanges showing their support to projects.
Exchanges meet projects with their users. There are IEO teams of exchanges and I am sure each project are examined in detail.
IEO projects can damage the reputation of the exchanges. SO Exchanges must be very careful while choosing and managing the IEO projects.
After the IEO they must also track and follow the project team. Reputation is very important at crypto.
So what I am thinking is IEOs are good way of ICOs for users.