There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
If you do follow up with the news, you will notice that not a lot of people fall for the scam. So I believe it is possible to distinguish a scam from the real ones. If others can do it then you should also do the same instead of complain about it. My only idea is that the community should do something about the scammers in the community.
They should find a way to make it easy for people to detect scammers. And as for newbies, they shouldnt just jump into anything they see without proper research, cause they are the ones who usually for the scam.