Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
ICOs are almost dead right now, there is very low number of investors in ICO compared on 2017. People learn from this mistakes that some of the projects they investing are money-grab projects that they will stop their development once they acquired the funds in ICO. I think the best idea to reduce scam is to invest in STO but be careful to pick the "real STO" because some others projects launches STO without license.