So regarding the fact that what it takes to create a token for example an ERC 20, i ahve found a gig on Fiverr.
Check the link.
https://www.fiverr.com/wedowo/create-your-ico-website-and-erc20-token?context_referrer=search_gigs&source=top-bar&ref_ctx_id=34a69322-cdbf-40a4-98e6-b9f51a1be52f&pckg_id=1&pos=3&context_type=auto&funnel=657f18cb-30b9-4ede-a7f7-139b402768ed

Seller is creating an ICO website as well as the token for just 50$. So your basic invetsment is 50$, Now you just need to do marketing by just making a telegram group and launching a scam bounty scheme and give members greed to give 10% commissions. And you are ready to scam people.
People choose these scammers to scam them and thats all. Not saying that all of the tokens are of this type but most of them are of indeed.

And that was a fact,  they can even hired a person who can create a white paper for them thats why there are many plagriazed report here. Because the whitepaper belongs to other project and edit only few words to make it more legitimate .

This is the reality and this has really damaged the whole ico market and also has imapcted overall crypto market very negatively, the only way out i see is that there should be some centralized registration and licensing authority that should only allow icos that fullfill minimum quality, kyc and use case parameters.

And if a project is frugal enough, there are several absolutely *free* ERC20 token creation services on this forum alone.

The fact that the barrier to entry to the ICO scene is so low explains why the quality of most tokens have drastically fallen after ERC20 tokens became the standard for ICOs. No longer do you even need to create your own blockchain, which was an easy task in itself.

It also explains why airdrops are so popular from a dev's perspective. The cost of setting one up can be done under two digits USD, while if anyone actually buys into their token, they can easily make thousands of percent in ROI.

Yeah, that's how scammer works right now. It's not difficult to find them. Just see their website, team,  whitepaper. Mostly the website are using same template with the others. Their concepts as well, can find on the whitepapernya and mostly are very weak and irrational. Using fake team profile also become their method.

The capital needed to become a scammer by making a paslu project is very cheap but with multiple funds income. Website creation services and ERC20 tokens with only $ 50 on Facebook provide convenience, even myself who is a beginner can make them. Just how to market it and make new investors interested in massive discounts. We must be careful to choose projects so as not to be fooled by fake projects

This one of the reason why ICO now lost their credibility and legitimacy due to this. People now are quite smart to scam others , and mostly those who are new to crypto and wants an instant profits are the ones scammed by this kind. And even if the capital investments is low than $50 , people will grab this oppurtunity to make profits that they did not even know that this is scam.

I have so much been thinking about this and now found the remedy, the truth is that this bunch of scamers turm to makr not less than 100%. ROI so they stand the chance to waste more time on defrauding the public. I pray soon that regulations will step in to curb bad nuts like such persons because its just not healthy, its unwise

Imagine right 50$ investment then if youre a good in marketing and has some knowledge in blockchain you can easily fool many people. No doubt crypto always been scrutinize by SEC. These kind of people are no conscience and just doing a dirty work yo earn dime out of people who have deep pockets but no brain at all. I hope some solutions will be lay to avoid such scam activity.

Token creation nowadays is very handy even a little child could create his own token. And if you want to appear more professional and legit, there are hundreds of whitepapers out there in the internet and copy-paste some portions of those and you will have now a professional-looking scam. And if you have more than 50$ to start with, you could join crypto or blockchain conferences even as an audience only and you have already earned additional merit to blind investors.