Buying the tokens on exchanges seems to be more safe than buying them on ICOs websites.
But there are still some problems:
1. Using IEOs instead of ICOs, we are adding a 3rd party than can control what we buy. This is in contradiction with the main purpose of cryotocurrencies which is centralization
2. The big bonuses that big investors are still giving buying the tokens directly from the team and cause big price decrease
3. KYC that is still implementing. The only thing that has changed is that we are giving our documents to the exchange instead of the team ( In my opinion KYC should be completely eliminated or a new safe method which I have no idea about that should be implemented)
4. Exchanges might get money and do not pay attention to healthy of the project like what they do for listing the tokens
What do you guys think?
What should be done to have safer fundraising? Assume that you are making some rules. Just try to preserve the decentralization as much as possible.
Good points and there are still issues with IEO's such as it being difficult to access and there's always a risk there. I got to know some of the exchanges and they're only after big bucks from these projects and not after the progress or roadmap they have. An example is this new offering that offers you a
50% discounted price on hot coins that are already in exchanges if you win their lottery. It's great to see other companies always looking for ways to improve and make things better for the crypto community.