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.
Many have been scam with ICO. I dont think ICO are still Legit. That's my opinion. These days, projects prefer ICO to IEO of they know they are not Legit enough to do IEO
Previously, ICO was replaced with IEO, for the safety of user funds. But after the DeFi hype was huge, now even ICOs have started growing again and some projects are scam. There are also projects still using the ICO system using platforms such as the Bounce Platform or Zoom Protocol. I did that, because I saw this project as good. Why doesn't the project do an IEO. because now the IEO is not what it used to be. And back to the ICO, but in general we do have to be careful.