The initial exchange offers (IEO) are now being held on leading cryptobirths and allow several million dollars to be collected in seconds. It is said that IEO is the reincarnation of ICO, which has been waiting for a long time.
Thanks to IEO, there is less scam on the market until everyone feels like spending it, arranging scam token sales. But in general, well-known exchanges should cherish their reputation and select proven projects. And thanks to IEO, tokens quickly enter the secondary market and begin to grow in value, at least during the opening of trades.
Is it possible, on the basis of these merits of IEO, to assert that the ICO got rid of all the problems, the new bubble will not inflate and investors will not scatter in panic? Has the main problem solved that led to the collapse of the ICO market at the end of 2018? There is an opinion that no.
Look at the statistics of search queries on projects that go on tokensale through the exchange. They are actually searched for by the units, compared with the thousands of participants in IEO. And this is logical, because investors do not care what the project is. Their task is to buy cheap, sell quickly and go looking for the next. Nobody wants to create, everyone has gone headlong into speculation and IEO has only increased this problem.
And yet, IEO will never completely replace ICO, because the new format has introduced a middleman in the form of cryptobirth. Against which kind of cryptocurrency should fight.