Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.
For every system, there are always cheaters. This is why you should be careful on what you are doing and you should be always sure on what you're doing. One of being ensured in crypto is to spot scams.
and checking the project background can help you determine if that project will be scam in the future most the promise too mcuh which they cant do .