Some research says that %50 of ICO is scam, whereas some says %80 of ICO is scam.
The most important thing to determine value; reality of the project,
then other important factors over token value are:
- Community (telegram activity and so on)
- Influencers involvement
- ICO listing sites and reviews
Well it is not like all those researches are at least 90% accurate. It just means that the reputation of ICO's are constantly getting damaged because of all these scams and fraudulent cryptocurrencies around. It deals a really heavy blow to the whole market.
Even the wrong decision by the developer can give a huge impact to the credibility of the project itself and you can see what has already happened with mobilego and it has been splitted into the two developers group and there is a lot of investors are feeling sad and try to get out from there as soon as possible. Gamecredit has been doing the same as mobile go as far as i remember.