Recently, I noticed that all the platforms are just like pausing launching new IEOs, If you notice top IEOs launcher platforms like Binance, Okex,Kucoin or Huobi, you will see a gap between 1-1.5 months. ICOs, then IEOs, then What next?
crypto user stop investing in IEO because they realized that IEO is not profitable anymore
even new token launch their IEO today they have a high chance to fail
It seems like people have realized that IEO is ICO with extra steps and doesn't necessarily guarantee profit. We're in the same state like IPO where people only believe that everything is overpriced but there are still IEO with success because they are offering promising project and probably already have a working product.
However, we can't expect IEO to be more frequent because exchange also need to consider their reputation everytime hosting an IEO. The current trend is kinda bearish and I guess that's one of the reason.