IEO is currently a very reliable and effective way of raising funds for projects. It actually brought back the confidence of investors cause good exchanges like Binance, Kucoin, Okex etc have a record of successful IEOs which is a bonus for the Project developers. Some projects hit their hardcap during IEO in few minutes which was not possible with ICO
Every IEO project at big exchange always gets great attention from everyone and if you are lucky enough to have the opportunity to participate, you will earn huge profits from this form. In fact, IEO is becoming a new investment trend this year and will continue to remain stable until next year so look for top projects to join. I personally love joining IEO at Binance because this is the only exchange I have the opportunity to make money in this market.
However, you also need to be careful with scam IEO projects in this market and stay away from exchanges like Latoken, P2P, Exmarket because most of the projects listed here are shitcoin.