Hi, everyone!
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
They are popping because they are free to be seen with their "scam" projects (mostly) as nobody is here to regulate them yet, or verify their identities as well as the project they put in front of us. ERC20 or Waves tokens can be easily created with the help of resources available, which helped "scammers" a lot, before.
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When do think will this rush stop and why? 
This can only stop when a real committee/panel gets set up by either the community members here or SEC to help verify these projects before they go live, and when it all stops the scammers, it will also ensure that only quality-based ICOs will be up and running for the purpose of everyone's good.