Much of the present IPO crop is setting themselves up for a fall. They're asking far too much money for something that starts off as vapour.
NEM, Node and plenty of other examples showed how it should be done. Ground up is a healthier way to roll.
I don't see NODE as a success. It's floundering pretty low down the Coinmarketcap list for a second generation coin.
I wonder if NEM will also be a dumpfest.