Why Are There Many Projects Like This?

[Westinhome]

Yes they are some ICO's are great to introduce about their project but in the end are going to scam to those people are blind in crypto. So on that reason maybe we should svoid if we think it is a scam are ask to those expert in crypto.

[izanagi narukami]

Well, we can't do anything because all crypto are open source to public so every people have their own right to develop their own token.
When they offering ICO , make sure that you have select the correct one before it's too late.

It's difficult to find a great over thousand, but you can earn great profit !

[uniquark]

Yes they are some ICO's are great to introduce about their project but in the end are going to scam to those people are blind in crypto. So on that reason maybe we should svoid if we think it is a scam are ask to those expert in crypto.

They scam by greedy investors who wanted to make quick profits from ICO. But at the moment those investors have lost almost completely and left the market. Most of the ICO scam can't get investors' money as easily as before

[gowobonyok]

because it is very easy to make ico, even for fake projects that use smart contract etherum. so don't be surprised if there have been many fake projects. for the future, Etherher should evaluate.

[defoman]

Such projects are designed to deceive people who in the pursuit of quick profit forget that there are a lot of scams in the crypto space. So I encourage everyone to study the projects and conduct a thorough analysis before you decide to invest.

[Zulfiyan]

because it is very easy to make ico, even for fake projects that use smart contract etherum. so don't be surprised if there have been many fake projects. for the future, Etherher should evaluate.

yes you are right, now there are so many ico whose ranks are high but eventually end up scam
that's because they might work with insiders to set up their ICO rating

[elenka n]

All people are greedy in their own way and try to achieve their goal using different methods, the creation of such projects is one of them!

[dante1265]

Everybody want a piece of the pie

[daporivera]

I noticed something similar too. They are tons of projects been launched everyday and the good thing is you get to select the project you are interested in and obviously has growth potential.  Not all project out there are worthy of investment as moat of them work so hard to hype the project so you can invest in them.  Watch out for such project as it is the easiest and saddened way to loose your money to some  shitty project.

[beerlover]

Well, we can't do anything because all crypto are open source to public so every people have their own right to develop their own token.
When they offering ICO , make sure that you have select the correct one before it's too late.

It's difficult to find a great over thousand, but you can earn great profit !

Yes, this is the major problem of open source system. I hated this since we did start having many flours of Linux operating system. In my knowledge unix and then Linux is the first open source system and now a days every mobile phone manufacturer started to develop their own customized platform on android base. Android is another known open source based.

I guess there will be nothing wrong in having these many tokens or coins. But having them with duplicate purposes must be a big head ache for any investors and traders.

[chanc3r]

It's because ICO's are an easy way of collecting over $10 Million from unsuspecting victims by just showing them just a mere typed document of 50 pages(white Paper) and a bunch of passport photos of random people but we can reverse this. we should aggressively fight scam and keep exposing all of them. lately people are getting enlightened.



OUR TEAM EXPERIENCE: 30+ years of experience in Cryptocurrency 😂 😂 😂

That is just ridiculous and the sad thing is that some people will still invest because they are lacking the knowledge about bitcoin. qhat they know is putting some of money and expecting that it will turn double or triple within few weeks while in fact that is just a wishful thinking.

[fortunecrypto]

Believe this kind of ICO or project will not pass the community standard we have people actively tracing scam sites and we all know if you are promised with this kind of sum by holding and if the promised is to good to be true then it's likely a big scam in the tradition of ponzi scheme.

[Dimas99]

These are just due to greedy people and scammers that want to cash in on the rise of ico trend that is why thorough analysis of each ico is very important before investing into an ico, if you see anything bad simply do not invest and move on.

nowadays there are many ico projects that end in fraud and it is probably true that what you say is a lot of people to get personal benefits and harm many people and for now we have to be more careful and careful in choosing profitable ico projects

[joseyphil82]

I'd stay away if I were you,that is a huge sign of scam projects that has nothing to offer other than tricking innocent people to buy and go away with there hardearned cash ,for any newbies that is listening please stay away from coins that has so hype and not available on many exchanges  I'd suggest you buy coins that are very popular to avoid getting scammed

[Papcio77]

Those are kind of people who don't care about investors and hard earned money of rich and poor people. What important to them is they can snatch some funds from different people that will fall on their sketchy scheme. Some people got fooled by them and probably not going to invest with crypto anymore. See what those tugs doing to the future of crypto? Putting some dirt on its idea by scamming people.

[semobo]

I'd stay away if I were you,that is a huge sign of scam projects that has nothing to offer other than tricking innocent people to buy and go away with there hardearned cash ,for any newbies that is listening please stay away from coins that has so hype and not available on many exchanges  I'd suggest you buy coins that are very popular to avoid getting scammed

But when it comes to new project we may not know it is popular or not even if it is popular the chances of reaching into exchanges are less so completely avoiding the ICO investmens until they get enough knowledge about evaluating the projects is the advisable things for newbies.

[jpnl0008]

Its always the act of scammers who are only interested in making people invest money only for it to be later discovered as scam and only those who are greedy will fall into such traps in order to make huge profits thats why investor are advised to make research

[Westinhome]

Yes they are some ICO's are great to introduce about their project but in the end are going to scam to those people are blind in crypto. So on that reason maybe we should svoid if we think it is a scam are ask to those expert in crypto.

They scam by greedy investors who wanted to make quick profits from ICO. But at the moment those investors have lost almost completely and left the market. Most of the ICO scam can't get investors' money as easily as before

Yes that's true to those greedy investor are the one be losing of their money for investing to those ICO's that not have totally be going success. As of now have so many ICO's are have some great background but we need to be careful always or ask to those expert in crypto.

[Distinctin]

Its always the act of scammers who are only interested in making people invest money only for it to be later discovered as scam and only those who are greedy will fall into such traps in order to make huge profits thats why investor are advised to make research

Some projects will can be obviously to see as a scam but some also will be strongly hidden by the team that it takes months before it shown up their real intentions to the market. Mostly, they'll offering high and really enticing rewards but all of it are just their strategies to attract investors and fall into their traps. That is very important not to easily give trust into project especially if it is not already working.

[judeafante]

This is a hype and a Ponzi coin, there's not much news about this scam coin after the downfall of Bitconnectcoin, they prefer to keep quiet because they are going to be the next target of the authorities, because of they have the same feature and plan