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 ICO are scam or fake, there are still some legit ICO's out there,but no one is willing to invest in them anymore,I also can't blame the investors for been too cautious about investing in any ICO's, , since ICO have proven to be unreliable for now,I think IEO is way more better at the moment and the investors tend to invest more money on IEO than ICO's.
Ther only way those ICO projects can prove their legibility now is to switch over to IE) and list on reputable exchange. If they can at least claim their spots on excHnges like Binance, Gate.io, Kucoin, Okex and some others that have gained the trust of investors, they will be able ti raise the necessary fund for their project.