From my point of view, scam projects have taken away the glory of genuine projects.
Due to too many scams around crypto space, investors are not confident on investing in new projects. It's Becoming very difficult day by day to find out the legitimacy of the projects.
This in turn affecting the projects and result of this is not raising the funds as expected and required for further development of projects. This is daviating projects from their roadmap which is resulting in too much delay or even failure.
Missing interest in investors is somehow obstacle to growth and further research of dApps projects.
I think, rugulations will solve the topic to great extent, but is there any other way to stop the scamming and not just going away from it?
Please apply your thoughts.
Most of the money in this market is invested in the top 10 projects and we know that they have a very good reputation and so they are not affected that much by what scammers are doing, the market that is being greatly affected is the ico and the ieo market, it has come to the point in which people do not really even look at the projects anymore because they know they are scams and 9 times out of 10 they will be correct.
And until that changes I do not see how we can ask investors to put their money in those markets again