Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.
http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/Absolutely agree with you. Its important to do your research, check the team and see if team is in schedule with their roadmap. Also I value projects with real products like
https://yanu.ai/, where the CEO does monthly updates and the first prototype will be ready by the end of May
