There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke...
Smart investors want to make a profit, so most of them will not buy tokens of a garbage project. Moreover, they are aware of scams that have a beautiful website and look good at first glance.
This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days -
https://nauticus.exchange/exchange/BTCAUDI also like the ICOs conducted by the teams that create new crypto currency exchanges. Such projects often reach the goal if developers work hard on their software and invest in marketing.