What's up with new projects this days? Why are developers choosing p2pb2b, vindax and Latoken for there IEO nowadays? Every single IEO I see or should I say 90% of new projects are choosing these exchanges for fund raising even when they know there chance are slim....I don't just get it, are they willing choosing these exchanges?
I think they don't have enough budget to list their coins in popular exchange like binance or kucoin to make an IEO.
While those exchange you mention only ask for lower fees and exchange will not review their project before they can be listed on it ,unlike popular exchange that they are also reviewing every project before giving a signal to be listed.
That could be one of the factor, since those are start up projects and don't have enough fund to get it listed in a big exchange so choosing low fees exchange is one of their options in order to role out the project to attract investors.