seeing this as NO escrow still nemgun, i think this is a potential scam. didn't you notice a lot of scam don't use escrow? but i'm not surprise you supported this project as you were also about to do ICO back then with your scam attempt with blumed.
In most of the cases yes. But people are not being force to invest here. Response is based in their own set of preferences. We are in the altcoin world mate where everything is a risk. And besides people are not that dumb to just invest their money without proper set of analyzation.
New to ICO thing? We know the risk of investing in an ICO so I know people have some sets of precautions on how they will deal into it.