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 (
This is the reality, we have to see this reality, don't blindly believe that ico can make our money 10X, 100X, this is over, now ico and even softcap are difficult to reach.