In my opinion, this is the biggest scam project. Everyone thinks they will make a fortune from it, but I am sure that the price will be so low that no one will make any money at all. After that, most people who have never interacted with cryptocurrencies before will simply go and say that crypto is scam.
You are not alone who is thinking on this way because we are having long history of things like these which hurt this community, and we are still not learning from these mistakes because greediness always kills peoples coming with same way but different names and same marketing style because they know how to bring peoples intention and having their part from this community after having many incentives and other things related to unlimited profit.
Crypto community is having tag of easy heaven for scammers and scammed peoples, but sadly we are still on path of losing our time and money because every time we feel we are going to have good Profit but every time after losing money we have hobby of crying and writing but not doing anything solid to avoid things like these.