I think that if the exchange uses IEO to increase its presence in the market and at the same time does not guarantee the safety of bubbles and does not care about its customers, then this is a very bad undertaking.
Most of those who came to crypto market came to make money, and then buy more bitcoins. To many participants and exchanges there is no difference to which projects they help. Just to make big money.
If the project is technically unique and will be in demand in the market in the future, it does not matter on which exchange IEO was held. Binance can guarantee high project fees, but does not guarantee that the project will be successful in a few years.
What is Binance? For me, this is just exchanger but not exchange. She created hype around himself and dictates her terms on market. Yes, she is good. But are these changes for a better future? If from this exchange many hackers can steal money several times then i have doubts about her prospects.