Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.
That is really true that most of the ICO being made nowadays tend to became scam after collecting some funds but still there are several ICO that is being made in today's set up tend to be successful, reliable and legit we just need to be more mindful and wiser in each and every action that we are doing especially in the world of crypto.