It's a pity that you have just appeared. 5 years ago there would be no counterfeit at all! But ... now you have a lot of work, and accordingly more profit for both you and investors!
Well, 5 years ago nobody knew about blockchain! It was at the development stage and no one even thought that it would be so popular. And nobody knew about cryptocurrency ... and even more so about ICO. So now Bonafi has a unique idea that will retain its liquidity for a long time.
Technology blockchain appeared along with Bitcoin almost 10 years ago. It is a pity that people understood the full potential of the blockchain only recently.
I'm not sure, but probably the development and use of hardware was much more expensive, and data transfer technologies were not so well developed. Therefore, it was impossible to use the potential of the blockchain. People are not so stupid, everyone began to use it as soon as it became truly accessible.