I know that there has been hype all over the forum on IEO projects and we trust them because they are being guaranteed by exchanges, most especially top exchanges. Now the question is, what does exchanges do differently that makes them certify that a project is not a scam project and have a reliable team or that the project will stand the test of time?
I heard that the exchanges hold part of the funds raised, so if the IEO project is fraudulent, they will not be able to hide with all the money. Also, exchanges have large resources and can carefully check the project.