Blockchain Capital Analyst: Long term, IEOs Probably Won't Drive A Resurgent Bull Market

The Blockchain Capital analyst Derek Hsue shared his opinion on the IEO phenomenon's impact on markets and token models.
The main points are as follows:

1. IEOs may help the underlying exchange's token accrue significant value.
2. IEOs are structured to generate FOMO and returns denominated in multiples. They may have had a role in the recent price run up.
3. Generally, the highest quality projects won't raise money through IEOs.
4. Long term, IEOs probably won't drive a resurgent bull market.
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