Yes i completely agree with your point as i was working in bounty and other crypto related projects from 2018 more than 99% of projects were scam . their intention is to take investors money and run away most of the investors invested their money for gettign real quick profit because the buzz created by the ICO . Here marketing and telling lies and convenience the people . It is how crypto new projects are working . But still not sure why investors are investing on ICO or IEO or any similar . Already failure rate is 99.9% .
True! It's just too hard to understand why a lot of people still involve in ICO and IEO projects. Especially ICO projects, it's too risky to follow those projects. It has been proven for years that there are a lot of scammed ICO projects in the market! However, besides these kind of projects, we can still fall in other traps of scammers in the market. Therefore, stay wise and be careful guys!