Some dishonest people in the market come up with some such projects.
Although their project currently has value, their project has no value in the mountains, they distribute some tokens and these tokens are really priceless.
I got some tokens about 4 months ago which are not listed on any exchange yet.
I have about 2-3 types of tokens like this.
Those who have worked with Altcoin or have been involved with Altcoin for a long time. I would like to know from them that the team members of the project are benefiting from the fact that the token they are distributing is not listed in the token exchange.
And the token that I got could one day be listed on the exchange.
In a decentralized space, giving freedom to every participants; it is hard to use the word dishonest especially when it involves trading and investment. Every developer to the best of their knowledge introduce projects; either good or bad projects; they are embraced or refused by individuals who are investors; blaming does not work during investment. That is one reason why every whitepaper has it written that the document is not an investment advice; you are left to dyor and make an investment choice.