We heard the news of IEO to be in place of ICO in order to curb the high rate of failure and scams in the development of altcoins projects in this year 2019. My surprise is that I still see series of projects claiming to be in ICOs. Doesn't that make them scam as we have seen in the same scenarios in the past?
If it is, I wonder why people still invest whether their time or monies in such projects which have high risk of loss or being scammed.
Not all new projects that do ICO are ugly because there are some that have constraints when going to IEO. To do an IEO on the exchanger, the team needs to pay money first to pay a fee and for new projects, this feels hard to do so they prefer to do ICO over IEO. IEO is also not a guarantee of success in achieving sales because there are many that are not successful.