Really if there is anyway to erase scammers off crypto space it would have been better, 2019 would have bring better results for altcoins if not for scam projects everywhere scamming new investors, now scammers are scaring off new crypto investors wannabe since there is no trust or whatsoever and investors don't want to lose money either, whatever the next altcoin results is going to be will not be huge as many expected due to investors not trusting new altcoins anymore, no wonder why binance launchpads are selling out in seconds.
If crypto space is just like how binance managed IEO project in return for their own reputation altcoins will be skyrocketing right now because much more money will flow in, exchanges like binance is giving out trust investment that i really hope the entire altcoin space can do the same but its a shame scammers are robbing off the trust
When there's no regulation there will always violators, and the ICO sphere is the easiest way to infiltrate, they feed investors greed for a new profitable project, let's admit it we all want to be a pioneer investor of start-up projects like what happens to early investors of Bitcoin, Ethereum and some other start-up project.
And this is where scammers begin, they create a project, that looks like the next big thing, they create a major hype on it until they get funded and that's the end of it, they are ready to vanish, with investors money.