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?
Here is the Link:
https://ethereumworldnews.com/ico-80-percent-scams-2017-2018/A year before that investing in ICO was easy and profitable, but now the scammers have found the ICO industry as a good field to scam people, now it's so hard to check if the project is indeed legit, there are a legit project but failed to generate funding and support in the market.