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RE: XMAX - A Blockchain ecosystem for decentralized entertainment

in #xmx6 years ago

The scarey part that caught my attention is the fact that there are a lot of ICO project coming out every now and then and most of them are just empty

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Yeah man, most doesn't offer any solution to present issues just rely on trading on exchange.

I agree with you. I personally experienced that things. Lot's ICO just collection funds from investors. Once they got funds from investors, then they will not responding to properly investors.

Then you get to see a lot of exit scams and mechanism just to avoid being held responsible for their action, some how i feel we need regulations

True the good think about these guys is that they have the product out the sdk. So it should not be a problem.