Recently i have gone through Prodeum scam wher they claimed "The project will combine existing PLU processes with blockchain technology." along with fraud details of team by giving fake address and name .
My question is here
1) Are people are becoming more greedy where they are not having time to research about team
2) People are not even thinking about possibility of solution simply investing to get richer quickly.
3) Scammers are making less effort to get money
4) Because of these kind of ICO's Coinmarketcap is decreasing??
1 Yes they are, The majority of people is only following the hype of ico without doin any research about that.
2 They are all aiming for quick bucks after token has been listed on exchange site.
3 That's right, just like come scam icos such as UAHPAY, and other. That makes sense if scammers doesn't need a lot of effort caused by those uneducated person.
4 Not sure about this because we were facing a big drop due to the various reasons.