Hi All,
This is not about scam projects. This is about the projects which fail to raise enough funds due to what so ever reasons. When bounty hunters work for weeks and at the last moment project announces that they can no longer run it due to insufficient funds raised, its nothing but a waste of time and energy for us.
In my opinion, should project teams have enough fundings before they look for investors? What is called MVP is very important for the users to check for before investing.
MVP will ensure that even if funds are not raised as expected, it can be delayed but not dead.
From your point of view, what other points are there which projects and investors both look for?
Some of the new ICO that comes here, has zero funding and they rely on the funding that they will generate to set up the platform, it works in the past, but not on our present time anymore, people are more careful and they want to see initial stage of the platform before they proceed to invest, they want to make sure this time, that they are investing in a serious project.