The days of launching an STO, IEO, ICO and other fundraising events to dupe gullible investors are over, the days of tokens and coins being sold to make teams wealthy while investors lost out such as in 2017 and 2018 are over.
Judging by the activity of the
Bounties (Altcoins) board, the token spam is still very profitable.
You are right, having detailed prospectuses will not help
The real problem, in my opinion, is that most "investors" don't care what they're investing in. Ever since 2017 it struck me as weird that the simplest idea tries to raise $100 million, and none of the investors seems to realize that's enough money to buy thousands of luxory cars.
(but nor will having a part-anonymous team).
Being anonymous isn't necessarily bad. I'm more or less anonymous, and so are you. Most Mods too, and so is Satoshi. That's fine with me.