For those that have been around in the Cryptocurrency market for a pretty long time the question to invest in IEOs or ICOs has been the main discussion point in 2019.
For some especially on “bitcointalk” it is clear that they won't invest in IEO anymore. After I have followed lots of discussion on bitcointalk i realized that people have moved on. It is a clear that people invest in IEOs as the platforms will evaluate the projects and give the investor the feeling of security.
Nevertheless i have observed a trend. The numbers in the ICO market have been declining but stayed fairly stable in 2019. The main reason for moving on to IEOs was the astonishing amount of scams that had flooded the market, since it was easy to make a lot of money.
This move to IEOs has something good. I believe that as harder it gets to hold an ICO as more the projects have to do to convince potential investors. Scammers want easy money and my hope is that the ICO market will come back slowly. Projects that will hold an ICO have to invest more time to convince people.
I sadly had to accept that those who scammed investors destroyed the dream of projects with little money that have great ideas. To hold an ICO and build a community of investors around it is a great way to fund your project without going to big VC firms. Unfortunately those you scammed investors destroyed the ICO market till now and it will take a lot of time to recover.
I have accepted that IEOs are currently the way to fund a project. The only thing that worries me is the power we give those exchanges. Is it really god idea to give that much power to exchanges in the cryptomarket.
Please let me know your thoughts. I am looking forward to good feedback & discussions.
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