And the worst part, is that those legit and trusted ICO are not being questions because history says that you can't distinguishes legit from those scammy one. And with this move, we can filter out early which is a scam or not if they can't justify their use case.
I agree. Many ICO were scam and we cant even easily determined if it is scam or legit. As a bounty hunter and not an investor, I am also affected for those scam ICO who do not care for those investors which puts money just to invest. Money is not solely for investment, it is a struggle to pursue to have a better life. So I am hoping that it may stop and advertising a scam ICO so that nothing to be a victim of their wrong doings.
Really ICO is hard to determine whether it is a scam or not. If investors will not thoroughly study an ICO before investing then they would probably end up investing on a fake ICO. We cannot stop those scammers than to study the platform and the project to invest to avoid or minimize the risk to invest on fake ones.