I have often invested in ICO, but too many SCAMs in the ICO world, especially now ICO is like dust grains. Let's discuss for a good ICO and not a scam, so we can enjoy the investment results
ICOs are the new ponzi schemes (not really ponzi, but more of the in-thing in the scammer circle). I do hope people get a lot more educated in terms of what ICOs are, what they do, and how to detect legit ones from the scams. To be honest, there are really a lot of tell tale signs that would give hints of whether it is a scam or not.
I dont think people care if they are ponzi or not. Actually all crypto world and blockchain system itself is overrated and so open to any ponzi attempt.
All people care is earning money and exit. They dont care if the project is scam or not. They care only if they will be able to make profit buying their digital asset or not.