Investors have lost faith in the ICO, which is why we see IEO at the moment. It is much better and safer than an ICO, I think you should not waste your time with an ICO because no project will really succeed in this form.
although like that not all IEOs can become a place for safe investment because some cases of IEO in some new exchange sites cannot be profitable and sometimes there is also a scam, the point is when you want to participate in an IEO then you have to find a trusted exchange place like Binance exchange .