It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.
If you compare Your experiences too; between altcoin and bitcoin; you would notice that
1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on
2. Bitcoin has maintained its class and importance;
Is it that bitcoin is the only hope for the future ??
I think both ieo and ico are equall; just that one gives you the opportunity to second guess while the other does not
Now neither is stronger
We must learn to focus our investment on bitcoin