50% of ICO's are fake, how much this trend is going to affect genuine ICO's???

[Eugenius2]

God dammit...

ICOs are not scam per se. It's a fairly unregulated crowdfunding method which allows you to provide your tokens on a big scale. If people are investing in coins/tokens which they are actually not a bit associated with, they shouldn't cry when it's not growing in value.

You don't get rich over night because you were so genius recognising the great potential of a project.

A business model usually takes time to be profitable and holding only is the dead for value. If everyone sees the great potential and invests, but nobody actually facilitates token flow, the project is doomed to fail.