Yeah it is true.
The exchanges are taking the DD process and only legit teams and products are offered to the audience, at least it should be like this
The Problem is that CEX have a lot of control over the token sale process and this could lead to corruption or high prices for IEO on a good exchange.
ADAB solution project almost 22 week finished in pre ico and ico period and i think cannot reach hard cap. But they are launching new extra bounty 6 weeks and 1 million dollar collected in IEO session in IDAX exchange. But there are a lot of negative feedback about this project. Now team trying to following new trend IEO to hit project.