Correct, Initial Exchange Offerings have really taking over the token sale services to the public. But what if some technology will give us something like Decentralized tokensale? We can view what is going on and the project is reputable, have great marketing and good idea, maybe it could bring it back.
I am thinking of something, DeFi has many possible services like this, found on
binance blog.
Currently, the three largest functions of DeFi are:
Creating monetary banking services (e.g., issuance of stablecoins)
Providing peer-to-peer or pooled lending and borrowing platforms
Enabling advanced financial instruments such as DEX, tokenization platforms, derivatives and predictions markets
What if DeFi can make something like,
Decentralized Tokensale? That's a game changer I guess.
This DeFi hype will definitely be going to make ethereum super inflated in price along with the ongoing bull market, but it is surely possible to make a decentralized token sale with the ethereum smart contracts, currently the IEO hype is going on and when this ends there would surely be a DeFi token sale making the ICO a rudimentary thing of the past which will not be scamming the innocent investors no more. But right now there is still slight possibility for the acceptance of ICO for decent projects that are loved by the community as well.