What Due Diligence Does an Exchange Typically Perform for an IEO?
The exchange typically reviews the project's whitepaper, business model, legal compliance, and the team's background and experience. They assess the technical feasibility of the product and the viability of the tokenomics.
This rigorous process is intended to protect their users from fraudulent or low-quality projects. The exchange's reputation is at stake.
They also check for market demand.