People nowadays are in cryptocurrench and they see the advantage on investing and making a profit for a day and long term and they depends on the project and see their potential. And also cryptocurrency is much better for investing money than stock market because its much faster and 24/7 that you can trade anytime.
That's why more project campaigns are popping up even thou its just a copy-cat code and just changing some description and added features to make it new and unique and manipulating people about the investment for a long term percentage that it will increase in no time.
Hopefully no more new ICO and IEO because for me its just a scam campaign and its a negative impact for people are investing and just loosing money.