To quote from an academic study and the commentary from a world-class economist from the article titled "Initial Coin Scams" it reads "There are now nearly 1,60

To quote from an academic study and the commentary from a world-class economist from the article titled "Initial Coin Scams" it reads "There are now nearly 1,600 cryptocurrencies, and the number continues to rise. It is time to start recognizing their issuers' utopian rhetoric for what it is: self-serving nonsense meant to separate credulous investors from their hard-earned savings. [..] 81% of ICOs are scams created by con artists, charlatans, and swindlers looking to take your money and run." [1] [1]: https://www.project-syndicate.org/commentary/ico-cryptocurrency-scams-by-nouriel-roubini-2018-05 https://www.project-syndicate.org/commentary/ico-cryptocurre... About the author David Gerard - The Book "Attack of the 50 Foot Blockchain" [2] is an unmatched gem in a sea of 24-hour non-sense crytpo promotion. Ironically another voice of reason is "pseudonymous" Trolly McTrollface [3] [2]: https://davidgerard.co.uk/blockchain/table-of-contents/ https://davidgerard.co.uk/blockchain/table-of-contents/ [3]: https://bitsblocks.github.io/bitcoin-maximalist https://bitsblocks.github.io/bitcoin-maximalist