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Are all ICO Fake?

Maximum ICO's are scam ! Just a white-paper with issued tokens via Ethereum and most of them collected millions. Chinese did the right thing when banned all that scammy ICO's and EU countries will follow china very soon ! ICO's became now something similar to gold rush in 19th century and Ethereum became a holly grail for scammers thanks to ERC20 tokens creation possibility ! If you see ERC20 you can think scam because it means that the team didn't even have the technical abilities to actually release their own platform !

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