So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
There's no way to counter these kind of problem, As we see today it keeps repeated people are not learned by the experience of others thats why its better to move on to avoid stress and until next time it should be more cautious when dealing investment like ICO's or invest instead on IEO's but choose those exchange that has already a trustworthy records.
Theres truly no way to counter or checkmate these projects as long as there's no regulator body that certifies these ICO/IEO projects and proclaim them worthy of investment. Till then, scam projects will keep running wild in the cryptocurrency space. The risk is all left to the investor as its his perogative to duly research on the projects. Maybe we can minimise the risk by choosing to invest in projects running on more reputable exchange platforms.