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/You are right, we should not invest just for the sake of it, anything we buy should worth th risk are taking, we should stop giving our money to scammers, if they can't get money from people anymore maybe they will desist from the bad act.