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?
One thing that you should know us that this exchanges has great reputation, and selling tokens for a scam project can drain that reputation to the mold because nobody will ever believe what they say anymore, this is why the exchanges have to do extra work by making research on the project and making sure that the people behind it are genuine by carrying out kyc for them before approving their project for IEO, so as not to destroy their reputation for a project they know nothing about.