Quote from: NeuroticFish on October 31, 2019, 01:41:29 PM

Quote from: telexnetwork on October 31, 2019, 12:52:12 PM

why many of so-called blockchain projects these days are scammers, is this was motive behind the technology? many real investors are not confident to participate due to fake blockchain projects all over the internet.

what are your views

It's an unregulated market. If they manage to sell, they get some easy money. Some are willing to invest into such scams.
But beware, not all failed ICOs or worthless coins come from scam projects; some may have started with good intentions and simply failed. Also nowadays the altcoin market is so low you may mistake a good project with a failed one just because the volumes and prices have fallen a lot.

Many project only focus with selling coin on ICO or IEO time and after success they will listed with price we wants and never back serious when price down, they will make new project for earn much profit without care will be available for their coin can back to higher price or not, only think how much profit getting with one altcoin investing project and how long they will get profit with building new coins for investing again.