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.
Don't be pessimistic, actually most of developers build a project with good intentions but the market give them a lot of pressure, some of them can't bear it then they run, but there are also scammers who build projects to scam people we have to be careful with this type of developers, most of scam project only founded by 1-5 people so if you want to invest then you should consider about the numbers of team members that join in the project. ICO should not be stopped but there should be a thrusted organization who manage it and give them label, I am not talk about company like ICOHOLDER or ICOBENCH because there still some ICO that listed there which have mamy problem in its ICO.