Sooner or later it would really come to a point on where high percentage of projects do launch wont able to reach up even their minimum cap.
Investors would really be afraid and wont trust any of these projects anymore due to those scams and even on projects/tokens do have value but didnt
able to deliver on what they do promised out when they are still on early phase or simply a dead project.
This is sad, but true. Investors rushed blindly into ICOs, not caring whether they were scams because most of them gave good returns. When more and more people lose their money in fake ICOs, they will due sufficient due diligence before investing. In the long run, that will be a big positive for the cryptocurrency industry.