I think if this turns out to be a scam, ICO's in the future will have less funding as we will be more cautious with them. I have been thinking lately how easy would it be to do this?
I think if this turns out to be a scam, ICO's in the future will have less funding as we will be more cautious with them. I have been thinking lately how easy would it be to do this?
Very easy. Look at projects like SONM, PTOY, MYST, and similar. They're all projects that are just money grabs with no real technology behind them or failed projects from day one. Too many people want to get rich quick and never do their due diligence and some "investors" are not tech savvy enough to understand. All they hear are buzz words and get FOMO'ed.