The ETH value continues to decline to -17.93% at the moment, whether this decline is caused by investors monitoring warnings from a number of regulators and increasing crackdowns on the virtual currency market or perhaps just a glimpse of wind from the impact of economic law so that it has an influence big to projects being a scam?
Not really a scam but unfortunate project to stuck in the outburst of scam accusations. I guess the 70%+ crypto industry runs on the smart contracts made by ETH platform. Now this makes one important sense here that it wont die so soon and wont become scam also. Most of the crypto projects are taking their payout in the form of ETH. Though recently all other options are also open for the ICO's to get funded then also majority of them are using it ETH as it is the master system in it and most of the people still fall for ETH only. Its just about the time when ETH will up rise along with the BTC too.