IEO is dead in 2020. There are already too many projects on the market, people are not ready to invest in something new if they can just long btc on this bull run and get nice profit
Who said the IEO is dead this year? Try searching for IEOs this year, then survey the people who are in crypto, whether they are ready or not, because saying something without doing a survey is nonsense.
You are damn wrong, if the whole populations in the world are already into crypto then your point would have count but new comers are still coming into crypto space, they have to start somewhere, some don't want to near bitcoin because it's over 10,000$, they want cheap tokens and coins instead
Yes, he misunderstood and saw, because until now there are still several projects that implement IEO in exchanges even though they are not the most popular exchanges like Binance, because regarding the readiness of everyone who enters crypto depends on the knowledge and capital he has.