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.
ICO is dead in 2018 and then IEO but now IEO trust is lose almost 90%+ investors are now don’t believe in that's type of policy, at this time trend is DeFi project because investors see the future development...only invest in legit DeFi project for profit.
I believe that Defi will be like ICOs, in the first phase, the projects will be profitable for investors. But after a while, scam projects will start to appear and make investors lose. Be careful when you want to invest in Defi projects, it's not really as secure as IEO