Have anybody heard of RegalCoin or HextraCoin recently? People in my country, especially young people, is flocking into putting money in these ponzi project. Feel sorry for them 
. What's your thoughts?
. What's your thoughts?Almost every single ICO is a ponzi scheme. There are very very few coins that have legitimacy to them. Now, which ponzi to invest in? The ones that are the most un-corrupted.
The reason is, these ICO's are generating millions in funds, for developers who are copying and pasting code and adding 1-2 new features, or marketing this coin in X or Y direction. It's all an illusion, and it's all bullshit.
The best thing i can tell you is that just because a coin is a scamcoin, doesn't make it not profitable.