If we are speaking about users who has at least a little experience in crypto space then this kind of ICO will not have any sense to them since previously the community saw many scams and projects that were not able to release something worth users' expectations.
It's the opposite. Newly crypto investors are likely to consider those ICO because they've heard of it to be good a few years ago only if, they don't do much research about it's current status.
I think today is not talking about the ICO coin project but many investor move their investment with IEO, have the end of ICO era and go ahead with IEO project, with short period for listing coin and have market for listing make many investor lovely with IEO than ICO.
IEO got didn't the same popularity as ICO did. The life of IEO didn't became long as ICO and it's not also doing good today.