My understanding for IEOs is basically instead of project handling raising funds etc. It will be for an exchange to do so.
An IEO hosted by Yobit or Binance can clearly not be compared. In other words, the exchange gives more credibility to the project regardless of whether it's worth it or not.
Am I the only one who thinks this is actually a bad thing and make people focus on the exchange hosting rather than the actual project and what the team is offering etc.?
that only happens to amateur speculators. Those people are usually lazy and don't like to read much but want a lot of money, so they always blindly speculate just because the project is in cooperation with Binance.
This is a deadly investment and they are often the prey of whales. I believe that after these failed investments, they will realize how important the project analysis is. because there are non-IEO projects on Binance that are still successful like CIPX, BQQQ, BXY, UDOO, ...