It was still easy to make money in the first half of 2019. Binance pioneered #IEO . The first project, BTT, was created by Sun Ge. At that time, Chinese people seemed not to be able to participate. I registered Binance but never used it. At that time, there were many hackers on Binance online. , I have never been exposed to it, and I don’t dare to play it. . I have always played on small platforms.

I didn’t participate in the first round, but those who participated made a lot of money, and the multiples were very high. After a few rounds, it exploded, and other platforms began to imitate it. I didn’t participate in Binance’s early launches because there was no BNB, but I There was HT, and Huo B was also doing it, making a little bit of money.

Nowadays, it is said that Sun Guo is the terminator, and he is doing something cool. He is said to be the terminator of IEO. It should not be the case. There are too many IEOs, and small firms are also doing them. The projects are getting more and more stretched, and there are more sickles. Gradually If there are those who lose money, it will be difficult. The calf is very short. When the bear market comes, IEO will stop.

It’s still a bear market, so don’t expect the IEO multiple to be high.