Hello, I am new in this forum but not new in cryptocurrencies, I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
Yes, Almost every ICO out there always turn out to be a scam, statistically speaking, 90℅ of ICO nowadays were scam. A lot of scammer these days and they're making the ICO as one of their baits to lure some investor to invest in them.
uniquely to date, scammers have become professionally trained and are very easy to cope with the purpose of deceiving investors. I hope that in many countries will adopt new legislation on ico companies, which will give the opportunity to monitor and regulate this activity.