When it comes to investment, first thing we need to check is that, how secure your funds will be once you invest their, returns will be second check.
Specially in crypto market where all projects are startups, and if you get a project, which already made lot of progress with their plans and work is visible. That gives you some confidence.
Up, you're 100% correct in this statement, many people are taking advantage of this kind of projects, wherein they try to be real in first sight but at the end of the project, they will just rob most of the investor's money, Nowadays, many people are trying to invest on different projects because of the current market situation and I hope everyone is pretty cautious about taking a step in investing