Many scam projects have made ICOs bad for the time being. Investors have lost confidence in ICOs because it is too risky, their money may disappear at any moment or the price can crash multiple times. Investors are choosing IEOs because they are more secure and profitable
Investors have lost confidence in the ICO as most of the ICO projects are scandalous. Due to the huge risk, investors are starting to invest in IEO projects instead of ICOs. Investing in IEO is much risk free and profitable. Yet in some cases investors do not benefit from their investment; Because the market price is less than the IEO price.