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.
I don't think you are controlled to what you able to buy, you can take it or leave it just like ICO, if talking about how the money gathered ICO also gathering your money in centralized way. The KYC is a must for the project or exchanges to survive, it is required by the government and if not you will be in huge problem since the main purpose is to prevent money laundering. Imagine an exchange oppose the idea of KYC they will be suspected for money laundering practice in an instant.