Well, I think otherwise. right now I feel that ICO is no longer very attractive to investors. even when I want to invest, I will choose IEO over ICO because of the greater clarity of the exchange. however, ICO might still be legit, it's just that we really need to choose it. for now, I don't want to invest in ICO, but it's different from IEO, if it's quality, I might be interested.
You're right! ICO projects have left too many stains in investors' mind. There were too many scammed ICO projects in the past. Therefore, I have decided not to invest in any single ICO anymore. Right now, I prefer to invest in IEO projects than ICO because it's safer. ICO projects can be legit but who knows? You can get in a trap without knowing it. Better avoid them before get scammed!
IEO have same risks if it comes from random exchange like what most of IEOs nowadays hosted at, but atleast you can select it by filtering the exchanges but for experienced people they know how to distinguish scam project to the legit ones and usually find no problem with following ICO