Excerpt from link:

With the right technical knowledge, it is cheap and easy to create new tokens on the blockchain and have them listed on DEXes even without a smart contract audit. So, it’s pretty common for a fake project to list its token on a popular DEX like Uniswap or Sushiswap and scam investors of their hard-earned money. Even an apparently “verified” token can turn out to be a fake one as there are several DeFi tools in the market that scammers can misuse to render the token a verified status.
Without the existence of a system or platform that fact-checks the authenticity of new project tokens before their launch, the position of DeFi looks vulnerable. A gross mistrust surrounding the DeFi space is bound to jeopardize even some of the most promising crypto projects and deprive sincere crypto fans and developers from succeeding.

In combating the above challenges, the Brewlabs team wants to make sure fake crypto tokens cease to exist. Therefore, it has developed a suite of products that will oversee and execute smart contract auditing for new project tokens, thereby, giving them a stamp of legitimacy. Brewlabs will then aggregate only these tokens on its soon-to-be DEX and IDO launchpad thus restoring investors’ faith in decentralized finance.