why so many scam ico these days?

[sirminesalot]

maybe a lot of ico are scam because of irresponsible people and lust with investor money. they hire and fool people who work with the scam project without a reward. in my opinion when we choose a scam project or not it depends on our luck at this time.

[Uguande]

Because most people still have very high levels of greed, I think that the best that could be offered here is probably carefully and slowly look through the projects, because this is the only way not to fall into the hands of scammers.

Even good projects on the paper can turn into scam. So, nowadays, it is very difficult to find out if project is scam or not. Of course, every investor should look carefully though the project, but, unfortunately, it is not guaranteed, that project will keep their promises in the future

[Conasse]

Because people believe everything they read on the internet. It's easy to attract funds compared with a crowdsourcing campaign like startups usually do. Specially when we don't need to provide a real identity or anything... See yourself, they use fake pics from the web to fool people, people have no problem to send money without doing a minimal due diligence.

[Q2kc]

There are many Scams on ICO because ICO is the best way to collect money and crypto to people and use them or trick them by words that their project will go to moon and create hype just to lure people, some of these ICO raised $20m, $50m or even higher and after the ICO they will list the token on Exchanges and then what will happen? they will abandon the project or exit scam, I'm a bounty hunter and I've witnessed the worse of these Scam ICO 95% of the Bounty I've joined are Scams

[dimonarka]

Because everyone wants to earn dishonestly. They probably believe that with honest work they will earn little. therefore, they conceive deception schemes. there are also cases when the project has not realized itself and does not raise funds

[stevanGR]

are you aware of this? I entered and immersed 2 ICO. is it because btc is in the swamp? why so many these days?

not only the ICO is scam, but all coins are also on good condition. why must be carefull in this crypto
i suggest to leave it temporary then back in the bearish market

[dagelan]

with the dirty heart and greed that is on their minds, surely there will be a lot of bad people who use this situation to make fake ico just for their own sake

[contactmike1]

People don't collect enough to honestly develop product and they opt dark path.
it is the way to scam honest participants and raise money for their luxury life

[jan.nicolas]

Because people understood what ICO is and that with the help of ICO today you can collect a lot of interesting things, so I think that in general it is only because of full transparency and openness.

[Balzhi]

why you surprised? we always have this fact, few years. you just eed better analyze projects and do not ivest in slippers for cats.

[ice098]

why you surprised? we always have this fact, few years. you just eed better analyze projects and do not ivest in slippers for cats.

Scam are everywhere that's why you must be very careful of choosing in participating in ICO because most of them are not worth it. Don't be surprised because even in the real world there's a lot scam you might encounter, just make sure you analyze it before you participate or invest to it.

[10c]

its happened because it is not regulated right now and all scammers know that very soon they cant stealing money, that's why they are doing a lot of scam ico before regulation comes

[FIREBALL24]

where the money goes, also the scammers arrive for easy money. It is the sad reality.

yap, the fraudsters will always be in everything including ICO, so be careful before investing or joining the bounty program,
pay attention to who the bounty manager is because this is including the most decisive and also read the whitepaper so that later no regrets,
the scammer will not care about this forum, our money and our time...

Yes it is very common nowadays in rhe year of 2018 many scammers spreading inside crypto premises so we better think and choise wisely if you go investing you'd rather loss all your investment.,

[heleng05]

I think why so many scam ICO these days is because most of the campaigns right now are so many newbies that the scammers think that they can easy get their attentions to participate in their running campaigns. And I think most of the scammers will easy recognized those new investors that are not aware of them.

[bvg96634]

Because scammers find ICOs a very easy and almost legit way to scam you for a big money. It's simple as it is.

[hlarisimus2014]

Most projects die because they cannot attract a sufficient amount of investment. This kills even the most interesting and promising projects.

[integrity42]

If you had a possibility to get a huge amount of money for nothing but weak idea wouldn't you tried it? They tried.

[holderman]

Because, people get amazing money from the projects. I am talking about people who create the projects. So, people who are not qualified and eager to have that money create a project, build a team quickly and tell people what the project is. When they /he get money, the project become scam.

[dimonarka]

The answer is obvious. Now just a terrible state of the course. Therefore, people are looking for an opportunity to earn in this area in another way.

[Accts4u2]

Greed my friend. It is the driving force behind all of the scam coins and it is the driving force behind any scams. People are always looking for ways to get rich quick and some people have resorted to scamming others of their hard earned money to do so. If there wasn't so much greed then people would not be putting out scams to rip off others