I agree with you, because almost 70% of the ICO in circulation today is a scam. they make a more modern ponzi by making a website and whitepaper they can deceive people. is there a solution to this problem? because it is unfortunate when so many people want to join ICO it turns out they only get coins that are not useful or escape. I hate this, because it will eliminate new enthusiasts in the world of cryptocurrency.
It has always been sad when I hear what these ICO companies do to get our money, investments and what most of their clients suffer to get their money back from them. They will never create awareness for you that there's a way to actualize your dream by gaining more instead they make you lose in other for them to gain more.