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.
But unfortunately the dishonest people in crypto world had overshadowed the honest ones thus painting the system in a bad light, moreso making the ecosystem more riskier for investment I quite agreed with you on protecting ourselves against scam possibly by investing with the amount of money we afford to lose so as to be on a safer side.
Indeed, we should protect ourselves from scams by doing research on a project that we will invest in. We cannot depend on other people or government authorities because there is no clear regulation of new projects in the crypto market. But with IEO, at least investors can come back to believe that new projects need to be sold at the trading investors' place