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/Projects that do not bring anything valuable to the world of crypto do not attract anything.Only innovation and trust from the community will be able to attract good amounts.Who says that cryptocurrencies are a bubble just not very familiar with this world.And we as forum users know information sources where you can confirm that ICO is fraudulent or not.