not too risky if you already understand and review each project to be released is not 100% accurate, but you can use instructions to do research on the project.
For every successful project listing on a marker added in a large market such as binance, 50% at the beginning is avoided to be difficult.
When someone was seeing a project that being listed on the big exchange site's IEO platform and that will have more than 50% chance to be a successful project or at least it can bring good ATH ROI.
DYOR is a must for everyone but remember exchange site is also giving us more guarantee.