The key point of scam coin is marketing. A story behind billion USD victims of onecoin was how one coin scammer made sucessful marketing campaign. Onecoin had scammed the victims around 4.4 billion USD. That was a big money.

Other scam projects of defi yfdxf made investors lost more than 20 million USD. Yfdxf finance scamed the investors in locked fund.

Scammers are great marketers

We should admit that scammers have great marketing strategy so they were succesful to steali million USD from investors. Most advertising and scheme models of scammers are pyramid models. MLM is still the best strategy to fake new members. By promising high return with fake testimony make uneducated crypto players get scammed.

This is a banner campaign of onecoin before the owner got cought in USA . Ignatov was arrested in LA in March, 6.
, 2019.

From the campaign how profesional the banner look. The pyramud scemes gives some members high profit at first, so they will talk that the project is legit. After they recruit a lot of members and invested a lot in the projects, then the owner or developers will vanish with the money. This kind of ponzi model. There have been many stories of scam projects but how people still get faked again and again.

Defi is a new field of scammers to harvest from the scam defis. That is why I still do not trust defi projects. Let's drop by bitcointalk forum and ser hundreds of new defi projects.

Lesson to learn

Scammers have better marketing strategy. Why we with legit projects sometimes loose to compete with scammer. I think it s time to learn marketing.

Posted Using LeoFinance ^Beta