Hai guys now days people are really depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
This is what im talking about last year, most of ICO's these days if not scam it is refunded and investors has nothing to do with that kind of practise. When ICO hits hard on 2017 its really an eye catching for those small investors who are easily attracted to huge promised profit. These are just a few new modus on ICO so be aware on this kind of industry.