Quote from: eipeng on September 04, 2018, 03:35:41 PM

Quote from: profit-shooter on August 22, 2018, 08:30:32 AM

Hi, lads!

There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?

It will be interesting to hear your opinions.

Thanks, friends!

That's a huge number there, i think it's more likely to be 90% and the rest is failed not a scam. Well to me a project is a scam because it is to be. They promise you a huge profit, excellent whitepaper, with almost perfect ico score. We can see that a crypto is still in it's infancy that is why people abuse it and create a project to their own good.

I do agree, aside from scam ico's, there are also failed projects which is not able to make a name and even succeed. it means the investors are also being cautious about the huge number of scam ico.