I see a lot of fake ICOs that are on this forum and have taken a lot of casualties.
many investors lose their money.
they offer tempting benefits but in the end they cheat and it's clearly against the law.
how can they get away with this forum and this will make crypto electability destroyed.
sometimes I ask whether there is a legal legal umbrella to protect investors where they complain and whether there are legal sanctions for those fraudsters.
and I want to see your opinions and solutions about this.
I think this is a market of belief. So the risk is very high in investing in ICO projects. It is very difficult to find a great project. The best way to get a good project is to attend the ICO meeting. Good projects usually have face-to-face meetings and that makes it possible for investors to ask questions directly and to create great confidence for many investors.
Not all crypto currencies can stay the same from the idea period to actually end of roadmap. I do not think ethereum was first created as the "ICO King" coin neither but after it got divided into two the eth we have became the the eth we know and many coins started out their ICO systems thru ethereum blockchain which made a lot of people buy ethereum to get into the new ICOs and eventually make it worthwhile.
That's the good example, there are lot of coins that started as "x" but turned into "y" along the way like that too, some end up as great, some end up as horrible. We can't judge the roadmap from whitepaper, life changes constantly, so does coins.