Re: There will be many tokens that go to zero.

Quote from: MoonCoins on February 14, 2019, 09:00:03 AM

ICO experienced a boom at the end of 2017 - early 2018, which was followed by failure when prices dropped and state and federal regulators cracked down on projects that were in conflict with securities law.
https://cointelegraph.com/news/most-digital-tokens-will-go-to-zero-says-digital-currency-group-ceo

The majority of digital tokens will not have long-term value.

I agree some of these ICO is just a duplicate of past or existing coin, I guess they are projects that failed to generate funding in their last attempt, so they are trying it again, and some scam ICO that still wants to scam more people because they are too greedy to stop.