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.
Those are not even blockchain projects because they never even understand what blockchain is. All you see in their whitepaper is just copy and paste from other already existing project or a camouflaged project that is written by some sort of expert. At the moment, there is just need for everyone to be very careful in respect of any project that they want to invest in now, especially the new projects, they are really full of scam as that is their main goal to scam.
Pending the time that there is regulation, we need to carefully research to pick a genuine project out, or better still just stick with some of these already existing projects that has been established in and working according to what they are designed for.