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.
Well, that is inevitable. If you enter a place where freedom is residing like in this crypto industry then we should expect that there will be some people who are honest and there will be some people who take an advantages upon it. This market can be a good cause and full of fraudulent at the same time hence, being wise is all matters in here. There are some ICOs who aren't good that is why we are supposed to check first or make an research with that particular project before engaging with their activities. So basically, just be smart all the time.