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.
Actually just because there's one bad fruit in a basket doesn't make the rest of the fruits bad also, same in this case, just because there were a few bad ICO's that stole the money of so many investors, doesn't mean all will be bad too, I mean there are still some legit ICO's around, just that investors no longer trust it anymore, even the so called IEO is no longer profitable any more, right now the trend is DeFi and there are alot of scam DeFi projects out there now,scammers will always find their way we just have be careful.