It is now hard to attract investors because people are now sick of the projects that are just good from the start. People now need a project that already prove itself that it is worthy to invest in. People doesn't want an all talk type of team of a cryptocurrency, they want an all work type of team that is getting the job done and providing result for them to be convinced that they should invest into that project.
It's hard to attract investors because of many projects failed and also because of the scammers, it's really hard to invest our money because scammers are always anywhere, investors will attract only if they see the real about the project .
Now a day, it is very hard to find the companies with a real product, of course, before ICO or IEO it is impossible to develop a product and it is hard to find which coin will generate revenue to the investors. That's why most of the community members are fed up with the ICO and started investing in IEO's.
why not possible. some projects already have prototypes of the platform and just run their products. it's not much, but projects like that are what investors are looking for. a visible market, and a large support community, of course, that is the first view of investors in a project.