This is now the new trend, every exchange wants to do ieo no matter how shitty the project is. If you are investing in any ieo, consider it a big risk. If it pays off, fine. If it doesn't, we learn.
Why so surprised?
People are way too dumb if they don't see this possible risk without even thinking that projects being introduced are actually the same with projects that had ICO's.
It might be different on how they do make a sale but overall they are just the same.People are just being dragged on the hype.