Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason.
Agree, even potential project is failing to deliver their products on time and it will not help them to increase their prices. Even the market situation is unpredictable and many coins are failing to secure their value in the current situation. IEO's are failing to survive their prices, this makes many people selling their coins for low prices.