2018 ICO is over
2019 IEO so hype
2020 IEO almost over
2020-2021 Defi is new hype
I guess so.
ICO was so interesting event before 2018. After so many fake ICO projects people showed their interest on IEO. But IEO is going down because of so many fake and scam exchanges. Now people finding a new secure platform or way for their investment. Right now Defi is a new hype. Hope Defi make some different than ICO and IEO and make crypto currency more legit.
Well it was really interesting indeed, ICO before 2018. I think this kind of cycle will go on until we eventually figure out the ultimate solution to solve all the scam problem all for once but just the same as yours, I guess defi will eventually find its end but who knows what's gonna happen in the future.
in my opinion
im not think Defi is going like ICO or IEO.
core of Defi is good make decentralized finance to solve some finance problem but right now interest is so high
it hard to believe that project working in right way(it good to be true) like 2017 everyone dont care anything buy ico and wait ico hit exchange sell it at 50x-100x
after that project gone dev gone.
PS.sorry for my English is not good.