Can someone decode this website. They claimed that they barely got passed to trade in the market on dec 2023.
They keep releasing these ICOs. Not sure if they call it that because it’s the first time they’re trading this coin on the website. I guys told me before that ICOs are long gone so I’m wondering why I’m seeing this. THANK U IN ADVANCE.
ICOs were a trend a few years back and then that trend faded away because a lot of ICOs started scamming their investors and then authorities such as the SEC started not allowing them because they lure in investors and then run away with their money. So basically, ICOs are long gone but it doesn't mean there are no ICOs available, some projects still come up with their ICOs, and some people invest in them but most people don't trust ICOs anymore.
Projects, especially good ones, these days are launched using launchpads in reputable centralized exchanges such as Binance because people trust launches like that these days, and project creators also understand this now. So ICOs are considered, mostly, scams because of this.