They haven't said or updated the steps that they will do to filter those scams or fraud ICO. Hard earned money is not easy to let go, so if you are being scammed by these it surely is heartbreaking.
Exactly. Nowadays it is already difficult to identify which project is legit and which one is not. Sometimes the projects is very attractive with the team very active in promoting their ICO but the truth is it is only the ICO they want and there is no real project to be done. A lot of clever scammers are everywhere they need to be careful.
Arizn would somehow tell how they would go about checking the legitimacy or genuiness of the project and its
developer so the crowdfunder will not be scammmed and lost their investment.
This is quite true. I've heard from my friends that some projects are really just scam. The people who are doing this are the same people who have been reported previously. They are actually expert on this and it takes time before they get caught by the people in this forum. Well with the Transparency that ARIZN offers I hope this can be avoided.