Disclaimer: I/We do not have any association with Binance exchange but I can offer to speculate and give my few weis (of course in BNB weis). The below is just an imaginary guess from my point of view or maybe what would I do if I were in working in that department.
When Will the Next IEO Launch on Binance?
Pretty soon. The reason being there are a LOT of projects who want to do an IEO on Binance. Provided that a sizable chunk of the new projects are questionable but that still leaves Binance with quite a handful of innovative and promising projects.
But only being a promising and innovative project might not be sufficient to get into the launchpad. There are numerous other factors like the frequency of product releases (I am referring to launchpad/launchpool/IEO as a product). If there are too many IEOs, it gets too frequent and boring. They might say, let's say, max N products per quarter. If you observed, Binance has gradually matured into a global multifaceted product company from an engineering company. They keep releasing interesting products, mostly every other quarter. They seem to be interested in the trend, welcoming about changes, and capitalize on what's hot and leave behind what's not instead of holding on to an idea for very long. So, in a way, they are unpredictable, which makes my whole point invalid.
But when the size of the company gets bigger, decisions are not taken unilaterally. There needs to be a set framework, design system, and criteria in advance. Getting back to the IEO question, the criteria would define how much (future) revenue the product needs to bring or how much liquidity the project would attract for staking or lockup. Now, let's assume that there are many projects in the queue which tick all the boxes. Again, the problem will be with the frequency of new IEO launches and how many "slots" are available in the next quarter. And which are the projects which have a higher likelihood of building a stronger community?
I would argue that this would not be an easy decision for this team. What about the profitability and alignment with the long-term strategy of the business? In any case, I believe a new and promising project is already being planned to be added to the launchpad. Anyways, all of this was just a guess, a complete fiction, not facts. Don't quote me on this.