As ICO moves from white paper, fundraising to final online deals Professional analysts say that 80% of ICO is a scam, and only 8% manage to trade on an exchange.
This is what we are getting all because this is an unregulated and decentralized market and there is no need to apply for any license or permit if one will be launching an ICO anytime just make sure that you have a disclaimer you are not accepting people from China, USA, Singapore or any other countries where ICOs are expressly prohibited. Unlike the IPO in the stock exchange, an ICO can go without first proving its capacity or experience in handling the project and there is no need to verify first whether the team behind can be real or not...this is the reason why scammers are having a big celebration right now at the expense of the victimized investors. I am hoping that there can be something to be done to alleviate this problem.