Nowadays, fraudulent ICOs appear more and more, scale up, record losses amount to hundreds of millions of dollars, which obviously makes the media lose faith and look unregulated. Correct for the industry of money. However, according to a study published by MIT by two authors Christian Catalini and Joshua S. Gans said they only found that 5-25% of ICOs are fraudulent. Investors can get millions of dollars, like CoinDash ($ 6.4 million), or even hundreds of millions of dollars, such as OneCoin ($ 350 million) or Ifan-Pincoin ($ 660 million).
First of all, we need to clarify some of the issues, ICO purpose is to call the capital? It's correct. Will ICO in the future bring about profit for investors? Yes, but only when the project is successful (with very low rates, about 1%). In fact, legitimate, legitimate ICOs are always aiming to create long-term value streams for investors, but they do not want to make as much profit as possible as soon as possible.