Hi, recently so many past-ICOs turned into a scam or a deadcoin.
Is there anything what we can do to punish them? More than 2 years ICOs are scamming us and still people are investing, is this really a world what we want to create?
at present there are very many ICOs that have deceived investors but there is nothing an investor can do to punish these frauds. This is a cryptocurency that has a high risk for investors and the risk is losing assets, so now there are few investors who dare to take the decision to invest in new altcoin. so many current projects fail. and all this is caused by fraudsters or scammers.
it is true that many investors have been traumatized by various types of fraud like that but I feel that fundraising like that might still be possible but with different methods and can provide high confidence in investors such as through IEO at a trusted exchange such as the Binance exchange or other.