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.
Agree, and that's why most of excited investors are participating IEO. It has less risk and the hype is great in there that gets completed in their softcap or hardcap in less than a day. All those projects that pops up everyday will always justify their need for money to speed up their development but investors can't guarantee that it will a successful or even have the quality to compete with other projects.