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?
Most of the trusted exchanges says they have a dedicated team to research about the project and they select among several different applicants. But to some extent, all they do is list the highest bidder. If they were so sure about the project, they are capable of buying it till the hardcap but they just let their users buy them generously.