Yes, but when it is listed on Binance, it shows the quality and probably promising future. Because Binance is very strict about every new listing because they do not want to loose their credibility.
What part of Matic or Harmony screams promising future?
Both are complete shitcoins that only succeeded because they were hosted by Binance.
Had they attempted to raise money without Binance, they would have surely failed. The same goes for most launchpad projects, barring only BitTorrent perhaps.
Remember Fetch (Fetch.ai)—absolute trash.
Stay will away from launchpad projects for long-term gains, you'll get completely rekt.