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 .
because of this, thinking of an ICO again is believed to be very difficult, unless they have something that makes investors trust them very much. in addition, there is a higher system than ICO, IEO. it's just that, even IEO also requires deep research before supporting it, because many IEOs become scams after the list on the exchange is not so large.