Yep

In fact its more like every unincorporated idea and general partnership and incorporated business all thrusted into visibility and publicly traded status all at once, right along side private equity backed corporations and ones that have actual institutional underwriters and IPO’d, issued and trading 24/7/365 with no circuit breakers or halts of any kind!

If the respected traditional market didnt have its layers of filtering via syndicates and the exchanges, it would look just as scammy

you can filter for stronger crypto projects, more consumers and investors simply need to, and crypto skeptics need to become more discerning to levy a more equivalent standard