This just came to my mind today as ive never think about it before, since bullrun happened in 2017 and ICO became popular and successful in that year too aren't you guy curious how IEO projects would have performed if bullrun was ongoing? IEO became popular after bull market of 2017 right? The reason why ICO was so profitable in 2017 was because of the altcoin season don't you think? What about IEO in altcoin season? We are yet to see this
I dont think that the altcoin season is the main factor why the ICO is popular in 2017. Because as far as I know, it was driven by hype, people invest in ICO because there's a lot of speculation about it thats why many investors are caught in the act, by scammers and worthless token, In terms of doing an IEO during this time I think there's no problem about that, but dont expect the same results like the ICO craze in 2017 because today's bullish market trend is very different compared to 2017-2018 Bullrun.