I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
Legit of course if it is held in a large exchange it is not possible for the SCAM project
But we also need to be able to research more about the project wherever IEO is held, whether small or large exchanges. Because not all IEO projects in small exchanges are SCAM, there are also good projects that cannot go into large exchanges because of the expensive listing fees