There is a good chance that we could end up with a good launchpad that vets the projects very carefully and gives us only the ones that have both a good finance, a good team and also a good roadmap.
However, right now they only let it be, and pick whoever could possibly pay them the most and that is not normal, that should not be acceptable thing at all. I know people are too worried about what is going to happen with their investments but if you are really worried then do not invest into things that are brand new, that just doesn't make sense to me. I understand it is a very boring thing to just hold bitcoin, but I rather do something that is boring than lose money.
I think the only way to tell if the launchpad is good is by checking out the projects that they support. If the projects that they support are great and seems legit then you are on the right place. It can be rare for a reputable launchpad to risk or trade their reputation for a good amount of money but the ones that can do that the most are those launchpads who are already shady or those who are still new in the market.
People invest in new projects, not because they are bored but because they think they can find a hidden gem there. Not all new projects are a scam and in fact there are also old projects who still can go bad or can turn in to a scam later on.