I'd rather get into the program that Binance releases than venture out there at the risk that it would be hard to accept. The Binance launchpad provides something that can at least minimize investment failures in shattered projects. For that reason, it becomes the most targeted target among investors who don't want to do in-depth research but Binance provides a simple choice.
Plus, it allows projects to get in front of way too many people. I have seen plenty of projects who got attention more than they deserved and also projects that didn't anticipated that much attention even if they deserved.
The first one is simple, it is a horrible project that shouldn't have gotten that much attention and in the end they ended up with nothing at all and they ended up with getting a bit of "hacking" going on, basically an exit scam to just rugpull and leave. Second is harder, they could be legit project, but since it grew too quickly, there are demands from investors that they can't meet with and that causes a lot of problems.