but now thanks to all the scammers that are taking advantage of the ignorance of investors we are seeing scams almost everyday and this is not going to be good for a market that was just starting to gain some traction.
It is very bad that the legit projects who were actually providing a service worth recommending to others never got that traction they needed. Although I still promote about bitrefill in other places if someone asks for it, currently the DeFi trend of lending pools, swap pools and so on are taking over.
Lets compare this with older models of "scams"
Passive income from staking - this become uniswap liquidity pool. It is essentially the same thing. Although Uni is having a good amount of investor backing, how much we can trust them with our coins is questionable. Take your own risk for that, I am not going to support it. Uniswap is for swapping and that is the only thing I am interested in.
Altcoin craze - they are comparable with the DeFi tokens. What is worse is that altcoin projects did have teams and a real roadmap in at least 1% of the cases being legit. These DeFi "yield farming" and other bullshit are not even willing to show their team members. This may lead to a lot of scams before the idiotic-investors actually get a grip of the field.