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https://medium.com/@filip.poutintsev/why-are-there-so-many-assholes-in-ico-industry-726260e3f272

Why is your though on this topic?

One word answer: Money! 
Well said, there are assholes and therefore whatever they do (e.g. ICOs) is a scam. Unfortunately they are trashing and holding people back from exploring this new technology and the power crypto could bring to most societies. As anything else that has happened, through mistakes mankind will learn. The rough way. 
Also a lot of anxiety is revealed by those who trash it on social media channels. It takes a lot of uncertainty in your life to talk non sense about something you don’t own or know about. 
Thank you for your thoughts. Much appreciated.

Lol of course all about money. How so many incompetence person are thinking about how to raised money as fast as possible to increase their live. Just like how kid tries to create an ico with nonsense business plan.
Not only scam icos but remember more and more ponzi tokens were appearing.

Everyone wants to earn free money. So is assholes. Its our responsibility to not get hijacked by them and lose money. When selecting ICO put very good time to search all the facts about it

cos the are lots of assholes in the world and the ICO inculcates the world,standards are different depending where u come from(like behavioral patterns).

The same reasons there are many assholes and idiots on this board... money makes people lose morality.

"But what ICO is industry is really fool of are assholes. "  ???  ???  ???  ???

"Assholeness of ICO world is strongly connected to all ICO scam"

I don't know if I really want to read further into it as this writer clearly lacks basic knowledge of the language he chose to write in. He also seems to be in love with the word "asshole" for some reason..  ???

Of course, the situation with deceptions and false projects in ICO has spread, people are only interested in money and how to take possession of them ignoring the morality and the best human qualities, I would like to hear from the author the names of projects and managers with whom he faced, all around talking about the scams but no one calls real names.....???

The assholes see ico as new grounds to cheat investors. Meanwhile , anywhere you have exchange of money for something, you also expect scammers around too.

Although there's a lot of hackers and scammers in ICO but still a lots of people who really join and adopt ICO it simply because of the good future income, and as what seen in ICO there's a lots of group also who offers good future income and they are like a group of competitors, and even we are all here working in crypto business but still we are also like a competitors, competing our ability and idea on how to earn more money.

Initially, the ICO came out only geeks who were passionate about cryptocurrencies. Realizing how it works, they represented really worthwhile projects that grew in price. The majority of investors invested money in all announced projects, receiving relative profit from each project. Such indiscretion quickly took advantage of fraudsters who can promise even better than geeks.

ICO it is the way to become rich in a short time, doing almost nothing and avoiding prison.
This is a new method in attracting money from the people. Of course this does not apply to all projects, but unfortunately to many of them.

Over 80% of ICO's are either scams, or dead projects. They bring in all sorts of idiots and assholes, personally I stay away from ICO's, but that doesn't mean that money can't be made from them.

Because there are too many people who do not do research when they invest, this is a natural consequence. I am not a proffessional on detecting scams but some of them are too obvious.

There are assholes everywhere, not just in crypto or in ICOs. Sadly, this is part of life and the key is dealing with these assholes gracefully.

If you are investing in ICOs a good measure would be to avoid coins that have asshole teams. Take for example SafeDroid who "faked" an exit scam. Sheesh.

simple, why do many bastards in the ico industry? because of the money!
the more profits in a thing, the more criminals and bastards in it.
because the ico industry will grow in the future, be careful before plunging in it.

Wherever money turns, there is an ass. And such a fertile soil as crypto currency is very good for this! Therefore, one should not be surprised. I think that while the ending of this is not yet visible. On the contrary, even everything will develop even more and we will see many more fraudulent projects and deceived people!

Most of newcomers are here because of money. But earning money it is not the point of the decentralization. We all need more fair governance of big systems like corporations as well as governance of social programs in our countries, cities and neighborhoods. We can control some of them by smart contracts but a lot of choices will need more human decisions and wee need the platforms for that. Or at least a little more attention from the centralized regulators for the ICOs.

In my own view, it is because everyone wants to have some free money. Who wouldn't? Lol. But I think before selecting ICO we need to do a good research for us to be aware and for us to know all the facts and not to get tricked by those assholes. We all know that money can turn a normal person into an assholes. Poor morality.

I invested in Bank4YOU Group ICO. They have a good idea and strong team. I received my BEEFY tokens and I hope after big announcement price will go up!

Money. To be more precise, it is a sense of loss of profit, formed through the belief that crypto-currencies are the same as the Internet in the years of its formation. Marketing is certainly successful, and the vast majority of consumer hamsters are being carried on, we'll see if this is in the end.

frankly do not blame ico him, but its the person or assholless developer. that's why we do not too greedy and want to get rich quick with bonus offer given an ico. always do research and discussion before investing in ico. do not be lazy to do it, because the results are just for you.

Besides that, You will notice that the amount ponzi investment site are already gone. Those scammers are already​ on ICO business since creating an ERC20 is very easy and affordable. The only thing that they will do is to hire some guy that can create a ERC20 smart contract token then build a good looking website then Hola! You have an ICO project.

My picture of all this - reading the forum, I realized that countries such as Russia and India are the most moshhonic, and most of all you need to beware of the ICO projects of these countries

They try to get free money, and because of such people good projects are also damaged.

In my opinion, it is unfortunate that there are many scams ICO's in the whole internet and the deception has become widespread in this period,  So everyone should be careful before choosing the ICO. Furthermore , I see that there  many people have been easily fooled because of their misbehavior and hastiness, that's why the scammers always make a fake ICO's because at that point  they can make a lot of money in an easy way.

Furthermore, the widespread issue with most of  people is the greed and they always want easy money through Airdrops and other things, so this can be the weak point of many of them. For me, I do not like ICO's because there are many bad projects in terms of ideas except few of them.

People's need may sometimes turn to greed that eventually changes people and disregard their morality. ICO industry attracts different kinds of people which majority of these people's goal is to earn money for themselves so I think it is expected that we encounter these people.

Because there are so many noobs investing in the ICO industry, just as simple as that. They go where ever they find newbies. Currently most of the people investing in the ICO industry are new people who don't have any idea of how to do their research or do their due diligence. They just invest based on any coin they see being hyped on forums.

I kinda agree with him and also it's all about money, you know you can earn a huge amount of money on ICO if you have a good project and these scammers and assholes out there makes ICO names become bad. ICO nowdays is appear like every damn day, a new one comes everyday. ICO industry is really big.

In any industry where big money is spinning, there are assholes. There will always be people who want to earn some money from you in dishonest ways. I think we need to be very careful not to have to deal with such people!

very true but sad for the honest ones. however idiots that stupidly invest and whine afterwards cause they got scammed and didnt do shit to research a project using the thing between their ears deserve it imo. #dyor is not just a hashtag...

I think it's not just about money. Cryptocurrencies were released before the ico era and the teams probably wanted to earn from it, but it wasn't scamming. ICOs are just rather easy to create and plus there are no standards they have to fulfil, no rules to obey and nobody to check things. It is rather easy to gather money this way, sp perhaps with some regulations we could be able to see more decent projects.

Money is the most factor of why this is happening here in cryptocurrency.
Because in cryptocurrency everything can be happen whether get much money or loss money.
With the trick so many bad person try to scam people around to get money

It is becouse I think, a great opportunity to decieve people and get a free and fast money from it. So many gets into that.

Firstly, cryptocurrency is a multi billion industry with potentials to make one rich over night. And secondly, because the industry is not regulated that's why there are many urchins and scammers into it

apparently assholes words is being an favourite words for the writer because almost on every paragraph he has use it to described why plenty of ICO project are turn out to scam project however because for almost on every ICO projects were a lot of money involved then of people will be tempting to build ICO project so the main reason is money not less than that

because all around the deception, you do your work in good faith in the hope of reward and then someone decides on you just to cash in steal your time and money from you

ICO market is oversupplied. There are too much easy money, and where money are, except of professionals fraudsters come. Such phenomenon exists in any sphere: startups, stock market, real estate market etc. So don't worry, there is nothing new

Sheer waste of time!

Not sure if the money is the only reason. There is money involved in all business industries, but in most of them people behave politely, but in ICO industry they just let it all out.

However I have written new article where I touch this subject again and present some explanation where this assholeness comes from.

Please have a look and give me your thoughs:

https://medium.com/@filip.poutintsev/how-to-become-an-ico-advisor-dad600062ee8

Most of the people try to get more amount so they choose the best one. For the large profit people invest on it, they insist on to get more. Do you search the Altcoin, DO you have such patience to wait for long time? Who need more money or to find the alternative option propel create Altcoin and invest on it that increate the ICO industry. By the way beside the growth of coin you also find some spammers who try to make money by the false new. So if we involve with Altcoin we must conscious about Altcoin.

Some teams lose their motivation to work hard after the successful fundraiser. Why work further and develop the project, if you have already collected more money than you can spend?

First of all, everyone has been needed to state the human's factor- anyone just wants something free, or they think only of themselves. Probably, this is the time when crypto world crosses phycological. 

money can make everything be changed and all kinds of ways will be pursued for the money. scam and all the fraud that exists and is very evident in the numerous current time whose primary purpose is money. see odds on ICO's very attractive to many investors then they make the scam with the aim to get money for free.

Why are there so many assholes in ICO industry? Hmm, to be perfectly honest.. Money can make people into bad or an assholes rather. Because of this, assholes create scams to earn money and to tricked people. They don't think about what will happen on those people who have been a victim of their scam. They do this just because of money.

That is so obvious that those people are everywhere. I mean, come on, a human with so blind mind will see a cent coin and steal it. They just want money.

I think the reason where there are so many assholes in ico industry is just because of money. Many people do no want to be controlled so they bring up their fake and dubious ideas, package it well and even get good marketers to attract many people and at the end, they give stories to investors who have sacrificed their money and time to promote the project. Necessary measures should be taken before investing in ico.

Probably all is easier than it seems - money.  They force some people or a team of people to do amazing things.

This article is very accurate though could use some clear examples. But it's no secret that the ICO world is run by what are essentially cartels full of used car salesmen, and if a project chooses not to deal with them they send out hit men to post "scam" ad infinitum. No big deal. Good projects overcome it.

Simply this is happening because people are still buying their products (currencies mostly) and they just get profit on it, without getting into a prison.

Because I think the ICO industry is currently in a very early stage, so the lack of legal regulation, all kinds of people are free to raise money.
so this is a very dangerous.

The author had a cry of the soul. He says that scammers don't answer questions and so on. This is also not an indicator. Remember the Envion project. In the telegram group all admins answered all questions, they were the most amiable that I only saw. This project was supported by many advisers. There was so much noise. And it turned out to be fraud with very big problems for investors. In the realities of today's situation in the market, nothing can be a guarantee that you will not fall into the hands of scammers.

we can not avoid that people really do not know how to get involved and what they know to do is especially to deal with the bitcoins they are talking about because they do not understand why they think differently than just like we know what ICO really is but so please let them find it.

They are everywhere, its not only ICO industry, you can meet them even in the supermarket near your home.. Thats sad, cause world will be better without them

I got to the third sentence in that article before I determined that it was so poorly-written that it would burn my eyes to continue.  Who writes this shit?

So I'll do what the rest of you fucks are doing, which is to answer the thread title--and it's already been answered as good as it's going to be:  MONEY.  Why do you think so many assholes are working in the highest echelons of the corporate world?  It takes a certain amount of aggressiveness of personality to get there, just like it does in crypto.

Except I would argue that corporate assholes are a bit more intelligent and refined than their crypto counterparts.  Many of the former have graduated college and are at least educated, whereas most people I've seen in crypto are either complete idiots or are self-educated computer nerds.

The other reason I can see is that you have to be a bit of an ass to deal with the enormous number of scammers.  Nice guys & gals get eaten alive if they don't develop a thick skin.

LOL!

Isn't it hypocritcal that he writes an article about how there are so many assholes who try to defame him and here he is defaming others?
It's true that the fault you find in others is usually what you yourself have.

As far as the asshole question, it is mostly people who are "experts" who really aren't experts at all.
There isn't really any way to verify someones blockchain credentials since crypto is really new, and the demand is so big that ICOs will quickly hire untalented hacks.

It really shows in ICOS.
You don't really realize just how bad some companies are until you come accross a legitimate, professional, smoothly run company.
The differences are like night and day.

If you yourself want to avoid scams and assholes, than just have higher standards for what you expect from a startup ICO.
Demand professionalism and if they can't do it than walk away.

That question sounds funny but very unfortunate. There  already are lots of assholes in this world we live, you find them in every walks of life inwhich only a few migrated to crypto. The quest to make Money make people lose their morals and conscience so no suprises.

This is, unfortunately, a space in which being an asshole is predominantly favorable towards your goals. I can give you examples like Ver (bitcoin.com), Ayre (coingeek) or Wright (nchain, aka faketoshi), but I feel that would be cheating.

most of them are utilizing funds from investors for their own benefit, after which there is no progress from the project and they disappear. that is what makes the investors disappointed and also participants who participated in the ico. but not all of them.

Lol. I really love the content and how the article writer reiterated on the word 'ASSHOLE'. The fact is that those who fall for ICO scams are indeed Assholes. There are some projects that scam is written all over them and still you get to see some investors donating to such project and that can be worrying.

It is normal to have such people anyway, since it is a decentralized space with a lot of inexperienced investors, but what happened to learning and understanding the space before going ahead? I guess some are just so much in a hurry to get rich quick, to the point that they just fall for anything easily, which makes them a real deal and target for scammers.

With the way things are, from some investors to some project owners and to advisors, we just cannot stop seeing ICO assholes, can we?

Simple, because there are so many dumb-asses out there that are easily attracted to low investing high profit schemes. These dumb-ass' then go on cry about how they were scammed, I mean dude you are paying 2$ and expecting 2000$ in matter of days come on man that's just dumb.

Such assholes can be found everywhere. But ICO doesn't have a regulation, cryptocurrency is a new and technically complex product, so scammers use it.

     I could not agree with this more. This is really true and is really happening since the start of the ICOs. I mean, I am not that surprised but just can't help to feel bad about it since instead of being professionals as what people think they are, they act like zoo animals that do as they want because they can or just hates the fact that the other is having better feed backs, gains, and so much more. In fact, I think that people like this will absolutely be increasing more in the next few day, weeks, months and even years. This is human nature and we cannot fight it.

In every industry where there is big money, there will always be fraudsters who want to make money in dishonest ways. Mutations simply collect money from investors and disappear, we need to fight it.

That's because using fraud can get money quickly in ICO projects. Some bastards have been addicted to this hoax. They don't care about the development of this project. The only purpose is to get your Eth and BTC.

Because of money, many people want to make a lot of money conveniently and quickly. ICO provides them with a good channel! Because there is no supervision by the legal department, these fraudsters can arbitrarily create false ICOs for fraud!

The main reason for this is all this is money, since many people invest money wherever they are, then others want to make money.

Yes they are, but we should not focus on them. There are a lot of good projects and we should pay attention to them, for example Ambit Mining.

Because all want to earn, do not understand what cryptocurrency is and ico and go to industry ico, you need to start to understand prostitute many articles about the ico and what exactly is cryptocurrency

The guy have a point, that is why I didn't participate in any ICO. I only buy it if there is a clear path towards their success. Many ICO are only good in promises but failed to deliver what they expect from them.

i don't know why people think this is a new thing and this is only happening in ICO industry! these people who OP is calling "assholes" are the same people who have always existed in the altcoin market and some new ones that saw them and came in. they used to do a different thing to make money (creating useless shitcoins, premining them, dumping for profit, move to next rinse and repeat). now they are doing a 100 times easier thing (ICO) to make a lot more money by scamming people.

Cuz everyone wants money!
whaletank club

Everybody likes money. People are greedy, they all want to make money where they did not sow. That is why there are so many people who are pushing scam coins into the market. Way too many ICOs that are out there now are pure scams. They are the ones that are ruining the industry for the people who actually have really good ideas and could use the money that these scams ICOs get,

because school children create a product, and how to manage skills there, that's what turns out that a lot of deception and inexperience!

The same reasons there are many assholes and idiots on this board... money makes people lose morality.

Because by using an ICO project, some assholes can earn free money and run.
Simply, they can give you a good idea, sell tokens and go with the money. I see many things like that happen.

people are trying to make money in any way and it makes no difference a project will be successful or not. the main thing is to collect money

Greed is the reason why there are those people existing in this industry. Making themselves partnered with a well known company and you know what? it's a self proclamation that they are affiliated with it.
Another thing are the investors, greedy investors so it's a tie with the greedy developers.

the world is made up of  assholes,but you will no notice it because  of the law takes its cause on em.when will this assholes in the blockchain tech be taken care of by the law,at-least the ones on bitcointalk.

It really is a sad situation, after the supervisory boards intervene everything is already too late. So, this is the time to start having criteria to accomplish a good ICO, true projects that comes to add. Regarding the subject, we are idiots who fall into "stories to sleep,"they just want to get their money. So studying and analyzing what you are doing is essential to later not complain.

Hahaha! Aren't they everywhere?! An "asshole" is defined as "a stupid, annoying, or detestable person" which I believe we bump into on a regular basis. The assholes of the world sure know how to get into our nerves because that is where they are good at. They are not literally stupid as the definition states. Some are actually smart! But they are quite annoying when being dealt with. It seems that the world and the crypto system cannot do without them because they just grow in number every single day! Money does make people greedy, therefore transforming them into assholes. Sad, but that's reality. Someone should come up with an "asshole repellent" or something!

I don't know what brings them here to brings such shits and introduce it to the people if they can't even make it totally in the end of time. I have some dead tokens to coming from either from airdrop and ICO and both of them are shitcoins. But there are promising ICOs out there that really had a good team but still they are easily eaten by their greediness. I wonder if they ever exist these days because most of them really are assholes.

It's always about money. Unfortunately, money rules the world and this will not go away, everyone wants at best to earn as much more, at worst of the options to steal.

Because there are so many noobs investing in the ICO industry, just as simple as that. They go where ever they find newbies. Currently most of the people investing in the ICO industry are new people who don't have any idea of how to do their research or do their due diligence. They just invest based on any coin they see being hyped on forums.

ICO industry is a very dangerous industry because the regulators are not very involved in the market and there is big money involved, that's why the organizers feel OK to scam other people, because they know that they won't be chased if they do.
ICO industry won't be able to exist with regulators that put their nose deeply into the  market, because the ICOs are able to raise so much money just because that they are able to receive funds from almost anybody over the world without the need to pass any KYC documents, it leads to a completely chaos in the market and to a market that is mostly based on scams and is really hard to invest in.
That's the reason I would stay away from any ICO, simply because it's really hard to determine whether it's a good legit ICO or not.

For the sake of making money, people have the right to choose ways to make money. Some people choose to swindle in order to earn a lot of money quickly and easily, and ICO offers them such an opportunity!

indeed most people are using shortcuts to get the results they want quickly. when such events are very harmful to others

Absolutely agree with you. Even from a semantic point of view, it is difficult to read. It was possible to replace these words with synonyms that do not sound like speech from slums. And the author says that he is an adviser. I don't know which projects he participates in. But I don't think that good projects would invite a person with a dirty mouth.

in any case, you need to pay attention to the prospects of a particular project. The fact is that if the project has a good idea, which will be very much in demand in society, then uniquely this project has all chances for promising existence.

In fact, there are bastards in all walks of life, there will be jerk in encryption or ICO, it is not surprising that money makes some people lose their morality. However, there are still many people who actually join and adopt ICO. In the face of this bastard, investors need to learn more knowledge, study more, polish their eyes, and avoid being deceived.

Simple, all about money, ICO's is very legit and many are sought after by investors and newbies, of course it is tempting for people to take profit of every ico they invest, especially during pre sale where all ICO's projects provide a big bonus

The ICO industry is a big gold mine, and everybody wants to exploit it. So sorry guys always create ICO scam projects every day to trick new investors into investing in their projects. After the ICO ended, they hugged all the money of the investor and disappeared.

Every industry has a lot of bastards. Is there a shortage of bastards in this world? There are bastards everywhere, so it is recommended that you invest less in ICO and protect your money.

Here everything is very simple. The crypto-currency sphere is at the moment very big money, respectively, where the money is, there are all the assholes gathered to try themselves wanted

Agree with you, this is the main reason, everyone wants to become rich in the shortest term that's why we have such situation on the ICO market but, I'm sure, it will be changed in a year or two after laws regulations

of course it's all about money. people are only interested in money and how to take ownership they ignore morality and the best human qualities. This is a new method of withdrawing money from people.

Bottom-feeders are everywhere, but when it comes to the opportunity to make a lot of money quickly, they come out in force-can anyone say Bitconnnneeeeeect, hey,hey,hey? I used to watch the scammers on youtube who used to promote them and knew straight away their pile of cards would be falling down quickly. It was highly entertaining to watch although I feel for investors who lost a lot, I really do, because there was a lot of new money in the market at that time. Same type of deal with ICO's, do your own research and watch out for the asshole bloodhounds sniffing for your hard-earned cash.

Well in every part of our lives whatever system may we got involved in for sure there are really those kinds of people. But dealing with them is not that easy so we just gotta ignore them. They can't really help us soto don't pay attention to what they are doing. Let them do it until they got tired and learn from their wrong doings.

Because ico's high profit interest last year attracted a lot of investors, at the same time scamer also stared at ico, they also want to scam people's money through scam ico, and it is easy to do so.

The cryptographic market is a free, non-governmental market. Therefore, the appearance of ICOs on the market does not go through a censorship or condition ... Many greedy people take advantage of this gap to create and launch the fraudulent ICO market. And that's the bastard in the ICO industry.

This is a life law, because the world can not consist only of normal people, there will still be those who will cash in on ordinary people who are ready to earn honestly. This is life and she is like that.

it's all because they want to get a lot of money easily without seeing the risk they receive. and this year there are so many ICO scams that hurt many investors out there.

I think that scammers will have a huge impact on crypto, as long as there is an opportunity to make huge profits, much greater than other activities. When cryptoworld become more stable, there will be fewer scammers.

I think this is a disaster for money, because there are always some bastards who use ico as a tool to swindle money, so we must do a lot of research and analysis before investing to prevent being deceived.

Due to the lack of supervision by the ICO, there are many scammers here. They can use ICO to swindle to avoid legal risks, which is an urgent problem for the government. But I believe that this phenomenon will become less and less in the future. The quality ICO will be legally issued, and the scammer will be expelled.

It's all about the money. And it's not just the ICO world that we see greedy people in. They are everywhere, in every industry.

From mid to late 2017, many of the fraudulent ICOs have emerged; they appear due to the fact that many investors lack the knowledge that just buying token from ICO is going to make a profit from it. Now that ICO is no longer as hot anymore, but the scammers are still there with more sophisticated tricks

I think it is because they look highly of themselves  as if they are the Lord of Cryptocurrency and get much affected about the happenings in the ICO. These kind of people, for me I think, are normal. it is not only here that you got to meet assholes, but they are everywhere. In addition, it really depends on us if we're going to get affected with those kind of people. If they are assholes, then they are. What we really can control is how we react to them, and that what makes us more highly than them. In crypto world, these kind of people are what we can call greedy and blinded by money people. Again, they are just being them and I think it is just normal.

Everyone wants to earn free money. This is the reason

Yeah there's always people like that they raised fun in an easy way, even in every other business all we have to do is to be familiar in what is going on in crypto community and be aware always to find legitimate ICOS and high credible support groups to make projects completely successful.

I think that is because they are making way too much money. I know that at some point you must have heard people talking about how money tends to change people for the worse and most of the time that is true. It is what we are seeing now in the ICO industry. People with too much money thinking that they are better than everyone else so they treat others terribly. It is so sad.

Well the people who thoughtlessly invest in these icos are partly to blame also why scammers thrived last year to recently. People who easily got attracted to easy quick money not thinking that if something is too good to be true, then it probably is.

Because there’s one born every minute, suckers. The world is teeming with gullible people and the assholes know it. The ICO industry is a target rich environment.  :-\

Because the rumors and the news that ICO bring a lot of money (it was in December-January 2017-2018), people have suffered in the ICO a lot of money without thinking about what they are investing. This began to appear a lot of scams that raise money for ICO and projects never come to life. So it was always where the money there scammers and you will not get away from it, just have to think about what projects to invest their savings.

Well, scammers always looking where money is. So if you see many scammers in the crypto industry and especially in ICOs that means there is money and we are in the right place as well.

In my opinion, the situation is complicated. But it's too early to panic. I think everything will fall into place. But this requires our time and patience. Strongly recently, attacks on ICO. It is very unfortunate that it is normally not possible to work. Will wait.

It's all about money, and most likely in human greed, because almost always there is no desire to do anything and quickly get the money!

Many people want to make a lot of money conveniently and quickly. ICO provides them with a good channel. Because there is no supervision by the legal department, these fraudsters can arbitrarily create false ICOs for fraud!

Yes indeed, there are many assholes in ICO industry. This is undeniable. This phenomenon is because of their will to earn money for their own purpose. There are many people chatting in the telegram pretending to be an agent of a company or an organization offering a promotional service. Though their approach is obviously an act of idiocy.

Many people want to make a lot of money, so there are many ways of defending humanity to achieve their goal of making a lot of money, so in my opinion those who have done so should not, and will result in retribution later

The main reason is money and since there's a lot money they can get from it when they creating ICO . Also those people are do anything just to get money from others or to all of us even it can hurt to other and they dont even care. That's why before investing in ICO make sure you know it very well because nowadays many scam ICO you might encounter. So I recommend don't easily attractto those ICO saying that you will get higher profit once you invest to them, that is thier strategy just to make you believe them.

In recent times, when the virtual currency boomed violently around the world, the ICO became extremely hot and attracted enormous capital, estimated at $ 2 billion. In many countries, there are many ICO projects with promising appeals, such as x10, x100 times the property in a short time. So ICO is an opportunity to get rich quick and attractive and many ICOS are also scams of global scale.

First of all you need to understand that many assholes are everywhere presented, just the point is that in cryptocurrency industry the concentration of those guys there's the biggest from others :)

Because these jerkes could not be found, this allowed many capable bastards to enter the field and caused many people to be deceived. I think ICO must be regulated.

Every kind of people are everywhere. So better keep the control on good side  :D

It is a business that attracts all kind of people and have a good stance on the side of the less diligent individuals. That is just a sign of the frontier economy that cryptos live in.

I've read your article and this is true!
ICO industry is full of cheaters want to take your money and run away. The main reason is lack of regulation. Futhermore nobody can punish you and track your real location.
Nobody punish fake advisors or beneficiaries of scam ICO with police or something like that.

in any market there are also those who do so. Problems more or less; in the electronic money market, the more bad guys. Because the legal system is poor, there are no remedies if bad behavior.

It's better to say why the market is now an ass. Many people are here to make money and in what ways do it anyway. Whether it will be simple fraud or speculation does not matter, the main thing is to get more than you invest. Hence we get such a collapse.

Like the old saying, money is the root of all evil. Same thing goes for ICO scammers. The reason why they scam people is to get money from them by means of ICO. What I hate the most is that they are not being punished. There are hundreds of scam ICO's and I have never heard a news that someone got caught. Hate to say this but there is no justice for those who were being scammed.

It is true there is really a lot of lousy ICO companies out there.  For some reason a lot of companies customer has dropped to total garbage.  It's like because there's a technological revolution everything else gets thrown aside.

Because so many peoples want to get rich fast. They don't care about being asshole, only think for their own benefits.
ICO is a way to investing your money to cryptocurrency. Investment is need a time to become profitable.
Unfortunately bad peoples used ICO for steal others money, and damaging the ICO itself.

They are given way too much money than is good for them that is why they are such assholes to other people. They tend to think that since they have made so much money that they are better than others. If you look at their behaviours you will understand that they do not care how much their actions affect people as long as they keep making money.

because lack of regulations then scam ICO will always be attempts to stole people money with offering fake project but unfortunately they too will ruin ICO and cryptocurrency reputations that currently the people who suffering to get scam from ICO will starting to consider cryptocurrency scam and this is not good for crypto development i think

This industry is unique in many ways, but it has a similar number of stupid people per square inch than the rest. It is a new economy and many different people are inclined to run to it.

i can guarantee that the main reason for this is money, they see that by running an ico will make a lot of profit, but since their goal is to have a lot of money, they dont even care about the development and any possible growth of the project.

Definitely to get money from other person who invest in Ico industry. As we all know there are many people become interested in investing in Ico as also scamers truly existing. This is why we have to be careful first when choosing an Ico.

The main reason for the current deplorable situation in the crypto industry in my opinion is due to the fact that this market is just starting its hard way to the top. Those ten years that there is a crypto currency by the standards of history is just an instant. In order to form reliable mechanisms for managing the crypto-currency market, at least 30-50 years must pass. NASDAQ went its way since 1971, before becoming one of the three major stock exchanges in the United States.

yes, you are right ... with so many bastards at ico it makes investors afraid of investing so many ico fail .. that bastard wants to get rich fast but does not want to work hard and this is really worrying about crypto in the future

because they want to get a big money from the ico industry and they know that there will be many people that want to get involved in the ico so they use this opportunity to make sure many people to join with them. but after many people join with them, they only take their money and then run away without any news. but I am sure that soon, they will make a big mistake by cheating many people and they will get caught and the worse is they can get in a jail and it's only a matter of time before they can get this.