ICON is an interconnecting blockchain network. ICON can connect independent blockchains without the use of additional third-party intermediaries. Various blockchains can communicate with each other through the ICON platform. By connecting siloed blockchains, ICON aims to become the largest blockchain in existence.
A project that surely have done well after its launch last year.
Many new ICOs hype projects are still at white paper stage with a wish list and collected tons of money, ICON has real big data partnerships like Samsung and the underlying the Loop technology!
And rest assured many of those ICOs you mentioned will never ever get beyond the white paper stage
lots of ICOs project with hype n nothing, some are even scams such as bitconnect, ICON is legit is HODL!
Yes, sadly many people decided to take advantage of naive people wanting to make quick money after arriving late in the crypto world...
Only a shinny website with a whitepaper full of fancy words and the after ICO nothing...
It's unrealistic to state though that this is special to crypto. It's everywhere. People sell boxes with stones in their on eBay. Scammers will be around anywhere.