Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.
While i agree that 99% of the ICOs are either money grabs or scams,I wouldnt say that its only ICOs and devs fault,for all this situation that we are seeing.Investors are also blinded by the greed,they were throwing money at every silly idea,and hoping make quick buck.
While it maybe worked in late 2017 due crazy bull market,its not working now,and when people start doing their due dilligence, there will be less shitty and scammy ICOs.