The second quarter of 2019 data demonstrates the growing popularity of IEO and has replaced the outdated ICO model. Encrypted market statistics show that more than 65 IEOs have been launched in the past six months, of which about 40 IEOs have successfully reached the soft upper limit or even the hard upper limit. In the next three months, about 15 IEOs will be launched, half of which will be carried out by projects that have completed IEO. In the past three years, a total of 245 projects have been conducted by IEO and successfully raised $3.4 billion. Although more cryptocurrency exchanges have announced support for the IEO project, there is a new crowdfunding trend in the cryptocurrency market: turning to multiple IEOs, ie IEOs on different exchanges.