![Chart of the Day: Over 80% of ICOs are Scams](https://insdrcdn.com/media/attachments/3/ef/c2958def3__1600x0__q85.png)
The ICO market attracts more and more scammers: they see it as an opportunity to quickly and effortlessly make money and disappear in an unknown direction. Studies come to confirm this. Analysts say 81% of all ICOs are scams.
Only 8% of ICOs move on to trade, of which only 4% turn really successful, Therefore, any investor in this market should be as careful and cautious as possible.