What is the disadvantage of ICO?

One might ask, "What is the disadvantage of ICOs?" The answer lies in the inherent risks associated with this fundraising method. Firstly, there is a lack of regulation and oversight, which can lead to scams and fraudulent activities. Additionally, the valuation of ICO tokens is often based on speculation and can be highly volatile, resulting in significant losses for investors. Furthermore, the lack of transparency and accountability in the ICO process can make it difficult for investors to determine the true value of the tokens they are purchasing. These factors, among others, make ICOs a risky investment option for those not fully informed or experienced in the cryptocurrency market.