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RE: PSA - If You Are Planning on Investing in SONM Please Read This
Depends on what you mean by scammy. I think some ICOs have been executed poorly but I don't think they are actual scams as such. Examples would be the Gnosis and BAT ICOs which sold out ridiculously fast with a small distribution. That's not to say that there aren't genuinely fraudulent ICOs I just tend not to hear about them these days.