can someone explain why so many ICO's are scams?

[Xianrenbanban]

Without the supervision of laws and government agencies, these fraudsters can scam in the market at will, which is why so many scams!

[JoelHoward666]

The development of the digital age is always accompanied by two sides. Fraudulent schemes have come into the mind of investors. Therefore, it is necessary to have a correct view and psychological stability before the project.

[TTshingeki]

You can see many many ICO grow up. How could it be? .Cryptocurrency is trend for several years now.Many people take advantage to make money from ICO.You invest ICO in BTC/ETH/LTC/BCH and they had money from you. Most ICO rely on trust but trust wrong is lost money. Remember The only one you can trust is yourself