I think it’s a matter of the fundamental nature of the projects, but how does the coinlist determine whether a project is fundamental enough to conduct a public sale on their site or not? Any thoughts?
Coinlist has a service named tokensale manager
https://coinlist.co/tokensalemanagerThis service dedicated to the new crypto company who wanna connect with the public investors directly through coinlist token sale. Sometimes coinlist didn't even need to did a research to pick which project that has strong fundamental but coinlist has a very big user base especially for its tokensale. The legit project was using token sale manager to handle the launch of token sale by the project who already applied to use its service.
Sometimes even the big project gets impressed with the performance of coinlist. that's why they do apply to launch their tokensale on coinlist. It doesn't mean coinlist has been doing all of the things.