For those that have been around in the Cryptocurrency market for a pretty long time the question to invest in IEOs or ICOs has been the main discussion point in 2019.
For some especially on “bitcointalk” it is clear that they won't invest in IEO anymore. After I have followed lots of discussion on bitcointalk i realized that people have moved on. It is a clear that people invest in IEOs as the platforms will evaluate the projects and give the investor the feeling of security.
Nevertheless i have observed a trend. The numbers in the ICO market have been declining but stayed fairly stable in 2019. The main reason for moving on to IEOs was the astonishing amount of scams that had flooded the market, since it was easy to make a lot of money.
This move to IEOs has something good. I believe that as harder it gets to hold an ICO as more the projects have to do to convince potential investors. Scammers want easy money and my hope is that the ICO market will come back slowly. Projects that will hold an ICO have to invest more time to convince people.
I sadly had to accept that those who scammed investors destroyed the dream of projects with little money that have great ideas. To hold an ICO and build a community of investors around it is a great way to fund your project without going to big VC firms. Unfortunately those you scammed investors destroyed the ICO market till now and it will take a lot of time to recover.
I have accepted that IEOs are currently the way to fund a project. The only thing that worries me is the power we give those exchanges. Is it really god idea to give that much power to exchanges in the cryptomarket.
Please let me know your thoughts. I am looking forward to good feedback & discussions.
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https://medium.com/@marianmertesFor some reasons I think ICO might not come back again, this main reason is security of invested funds which ICO lacked right from inception hence giving scammers power to carry out their deadly acts, therefore this big failure of ICO only gave IEO a good growing ground to overshadow it (ICO) which IEO has done perfectly. Yes, it can't be argued that we have given exchanges a lot of power to do many things but investors see it profitable owing to the fact they don't need to worry about exit scam nor worry when the team will list the project on exchanges. My last thoughts is, anyhow we see it, IEO is a bit better than ICO both in terms of invested funds security and gains.