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.
Yes, IEO is partially safe as far as fundraising is concerned. The safety of investors depends solely on the integrity of a particular exchange. For instance, an IEO on exchanges such as Binance, Kucoin and Bittrex is safe but IEO on unpopular exchanges are not that safe because investors are prone to risk of fund on the exchange. A lot of quack exchanges are now offering IEO so one should be very careful.