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.
basicly IEO = ICO, majority project fail hold the price most likely fake investor aka dev buy at them self, and dump to market, same as airdrop these day
there still quite good project raising fund via ico, yeah IEO specially in big exchange have high demand and successfully hold the price after listing,
some ico purposely makes look bad at beginning to avoid buyer and dev can control most of the coin, rebrand it, and viola to the moon