These are some pretty good valid points and if you can really do a lot of good with this. It is really bad that it is uncontrollable but the only way for now has been for the investors to know how to fish out the project they invest in which is still not easy.

With some of the regulations coming up gradually for ICOs anyway, I am sure some lazy investors who do not like doing some research on their own will find it easy.

The whole scam shit is really giving the whole cryptocurrency community a bad name as so many people looking for a cheap project since bitcoin is expensive and most of them being newbies, always end up being thrown into the mouth of sharks.