Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
IEO is the solution for scam ICO. With IEO, investors can participate in the token sale with ease.
The exchange who hold the IEO has doing research and due diligence abut the project before IEO start.
Did you take a look at IEOs on small exchanges? IEO is not any major development, those who are successful are inspired by Binance. If all sales will be in Binance I agree with you, but the majority only look at their earnings and the rest is none of their business. Probably some regulations made by big powers can protect us.