Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/Yeah ICOs like that is really give a bad image into ICO and of course the media out there will input this kind of news and it makes a bad image into cryptocurrency world. That's why you need to remember, to invest that only you can lost on ICO. Also don't invest on any random ICOs, do some research first and find many information about the project before investing.