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I think now the situation has become better than it was in 2017. Now basically the founders spend their own money for the initial launch of the project. Another thing is that projects often lack funding, but there are fewer scams.
Topics are constantly closed in [ANN] and [BOUNTY] sections of the forum due to the identification of scams. Is it less?
I think that now became less ICO because investors invest in them not so actively like in 2017.