I genuinely think that NFT pre-sales are comparable to ICOs back in 2017/2018, when very few projects required whitelisting and with no vesting schedule, so everybody jumped in in order to sell shortly after the live listing, causing many pump and dump movements, which led many projects to death.
It has similarities but despite of that fact many people are still careless and ending up into a worse situation.
It seems they never learned a lesson from the past that the current hype doesnt necessarily mean its profitable.
Regardless how good the project is, its a must to do an extensive research to avoid scam projects.
Sometimes there are still a lot of people who are too euphoric about the hype and I don't think that's good,
if speaking of doing research for me it is a must for everyone before investing or joining a project,
crypto is very risky and we can't just join the project