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.
need strict action if they advertise ico on this forum so what I mean is the controller or staff who judge whether the project is real or fake but I think they already have many ways to fool people and I agree what you say will make people doubt invest in ico, and the only way is IEO where the project makes sales by collaborating with reputable exchanges such as biance maybe or with a good reputation