Numerous number ICO from 2017 were reportedly scams, if not those project that were able to raise just enough funds to start the project died off after 4 months of its operations. There are some reports that numbers of scam projects from 2017 have surpassed the total number in volume despite just halfway through the year of 2018. Its quite alarming. Is there any possible way to filter or screen projects before running their ICOs to avoid scam?
Many projects built with new ideas show that more and more people are believing in crypto progress in the future. However, this is not offset by the benefits of the results generated, especially many fraudsters who take advantage of the situation. However, I'm sure of the many projects now, one in five projects is a legit project.