People wonder why ICOs aren't anymore successful in 2018.
Before you get in, they promise the world.
After you buy, the whales who got in cheap dump, you find yourself at a loss, devs and mods start treating investors like shit saying things like "this is a long term project" and "we have no obligations for ICO particpants" "lrn the difference between investors and speculators", "community", "please don't talk about the token price", "greedy speculators"; etc.
Honestly - fuck this.
Not even 1% of the coming ICO is worth considering.
Looking back at 2017, there were so much rubbish and projects which never delivered ANYTHING and still racked millions with just a smart contract and a whitepaper that it is revolting.
Time for a change, the ICO model is done for.
ICCO regulations must be tightened, there are a lot of ICO scams and this makes investors lose money. team selection before making ico must be considered and there must be a special agreement with ico. maybe the agreement contains "if ico scam but no responsibility has to deal with the FBI" this might be the best step because ico engages investors around the world and avoids scams.
