it is undeniable that many ICOs have ended up with fraud and their tokens have become junk, in this case I take the example that recently happened is miracletele. they have cheated many investors including prize hunters who buy their tokens on the exchange. tens of thousands of dollars have been washed away and ico's reputation has been destroyed. 2018-2019 is not a good year for ICO projects
Therefore ICO began to be avoided by investors. Now ICO has changed its face to IEO and it is better not to reoccur ICO scam events like 2018, we better do research on a project and most importantly the developer team behind it
