Blockchain Capital analyst Derek Hsue: In the long run, IEO may not push the recovery bull market

On April 11th, Blockchain Capital investment analyst Derek Hsue published an article on IEO on Medium and the impact of IEO on the token model. He pointed out that IEO can help the exchange's tokens generate significant value; the structure of IEO is The multiplier returns stimulate speculative sentiment and may play a role in recent price increases; usually high quality projects do not raise funds through IEO; in the long run, IEO may not drive a recovery bull market.