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.
I think the best way to reduce scam projects is to regulate it. Its like forming a cryptocurrency commission of regulation wherein they evaluate projects and ICOs before it goes live to the public. In that way, only projects and ICOs that passed the standards are on the market. Surely it has a huge potential to be successful.