Nowadays, finding a very potential deal from a very potential ICO is really hard to find as we know that the percentage of scam projects is increasing too. These scammers are professional that they can make you believe that it's legit and you will be wasting your time and effort about these projects.
Actually, if you paid any attention to ICOs, they were not very different at all a year ago. In fact, last year ICOs just did things poorly, bad planning and just random managers. Whereas now ICOs try to do things properly and the funding months last a year even. The only difference? Last year shitcoins had great value. This year, even value coins have shit price.
Scams aren't increasing. They were always high.
Agreed on what you have said the only fact here that they are just similar but the numbers do increased out if we do base the projects do launched out and
so as together with this bearish market then its expected on what would be the possible thing to happen. We have witnessed that most of them do failed due to lack of funding and
same goes with the lack of confidence already.
Exactly! It's really crazy to think now that projects "failed" because they couldn't raise enough funding, and that confidence is low because they can't get enough funding, when successful blockchain projects have seldom actually needed funds in the past. Think about it, great projects developed slowly, talked about it to people and got developers to volunteer their time and even volunteer miners to help secure the network. Just because they couldn't get money shouldn't have affected their users or devs, but this very point is the breaking point now for people. Which goes to show they were always in it for the money and never had an actual intention to develop or build - for me, that's a definition of a scam.