I saw since last year lot of ICO's was scammed and project not true. So this situation ICO investor's are not come to cryptocurrency market. Why that project scammed please info anyone??
Perhaps when the crypto market thrives and Bitcoin's price and Altcoins rise. Making ICOS projects a lot. when the price of Bitcoin decreases, the projects fail to raise capital and cheat investors.
Well, the price of bitcoin has fallen is another reason to explain why ico began to become more fraudulent since last year, projects are forced to cheat and close when they cannot receive enough capital from investors, the crisis period has affected ico. In addition, since the field of ico created many profits as in 2017, many people became greedy, they created more projects to make money from investors, and when they have enough money, they give up the project, which is very clear when many projects can only be described as garbage, it has no value and is not useful for crypto