If you open the website "coinmarketcap", you will see that now there are more than 1900 coins and tokens, and I believe that 90 to 95 percent of this fraud and developers did nothing for a long time, except that they spend money for investors. People are completely illiterate and are ready to give money to any project with a colorful website. Look at Izo, the team has nothing, except for the beautifully written "white paper", and investors happily give their money. It is sad (
I disagree with your opinion, if you do not trust the ico project, but why do you still follow the signature project of an ico, and why do you say ico investors are stupid while you expect ico that you follow to succeed, ico succeeded because many investors participated in the ico project