Quote from: ahmia39 on October 09, 2019, 11:57:25 AM

Quote from: upyem2k on September 07, 2019, 08:39:48 AM

We heard the news of IEO to be in place of ICO in order to curb the high rate of failure and scams in the development of altcoins projects in this year 2019. My surprise is that I still see series of projects claiming to be in ICOs. Doesn't that make them scam as we have seen in the same scenarios in the past?

If it is, I wonder why people still invest whether their time or monies in such projects which have high risk of loss or being scammed.

At present what we are building on the mindset is that the ICO project is identical to fraud, but actually the scam project depends on the team, not on the ICO or IEO. So why do ICO projects still have people who want to invest? Because the team is trusted.

That's the truth about many projects that had went to the drained in recent times. What I see this days are people who are not rational claiming to be one to defraud another. Many projects had come and what we see in them is one similar thing, they are not sincere to their projects and sometimes they made-up their mindsets not to get the project working but to scam gullible investor's.