IEO is quite good but the abuse that will happen or has already started happening with IEO is what I fear. Investors really need to be careful.
If it is IEO from Binance platform, I don’t think there is any form of abuse that can come through it, and I would not blame IEO if investors are still being scammed, because I am getting lots of gist about some exchanges too, that are also coming up with their own IEO platform, these are the ones that will create chance for such abuse and it won’t be long before scammers enter through them.
For now, IEO is still safe, but the moment these other low exchanges kick start theirs, then we need to start worrying and be more cautious about our participation in them, that is why we need to limit our IEO activities to strictly top exchange’s like Binance.