Quote from: Revi250cc on March 29, 2018, 08:15:06 AM

Saw this study on twitter... https://twitter.com/Zeex_me/status/978981735101878272

I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share

Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. On the basis of the above classification, they wrote, we found that approximately 81% of ICOs were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.

"Scams were defined by researchers as Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.

DYOR people ...

I am starting to believe in this, at first I was secured that most of the campaigns here are somewhat legit or perhaps atleast will give the rewards based on my work but sadly a lot of these ICOs turned out to be a scam leaving months of works wasted.

lucemferrum01

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