Fraud projects have nothing to do with this market. Just projects need to be carefully selected so as not to stumble on fraud.
Really? Over the past year, many have got a stereotype - crypto-startup = scam. If the project team uses cryptocurrency for crowdfunding, then they have something to do with this the crypto market. Even if their project does not need a blockchain. Even if they are scammers. Unfortunately.
If cryptocurrency market falls tokens of many projects falls too and investors lost their money. They are very disappointed. But such programs are not scams. They too much dependent from the market conditions.