My advice - if you can not identify a good project on your own, use one of the reputable exchanges we have in the space to participate in ieo.
The reason - these exchanges know how to scout for the potential project with experience teams who are ready to be fully committed to the project they create long-term. The market is full of short to mid-term projects that are only based on hype with no real utility. And to be honest, it is not easy to fully identify a good project just by looking up the website and the team, there are other details that need to be checked which may not be accessible to an investor but can be accessible to exchanges.
so imo, the best way to have a good ieo project is through exchanges.