IEOs Perform Well for Token Sale Buyers, but Struggle After Listing

The ICO market has dried up almost entirely According to a recent analysis produced by BitMEX Research, the ICO market has seen a stunning 97% drop in capital raised in the last year.

The researchers also note the trend of IEOs replacing ICOs, but view it primarily as a different form of marketing a token sale rather than a substantially different model: “some projects have changed the “C” in ICO to an “E”, perhaps in an attempt to assist with raising capital”.