A Recipe for making SCAMS

December 2013 is a year that will be remembered. Bitcoins and other cryptocurrency (in that time a couple) raised 10 times in price!
Back in 2013 there weren't many cryptocurrency supporters and those one who supported it was mainly developers.
Today bitcoin is mainstream and as of 5/25/2018 there is 1623 cryptocurrency and this number is growing rapidly.
While there are a lot of good projects with experienced teams and good ideas behind projects there are also a lot scams that was made to trick gamblers!
How it is done?
Well a lot of people is thinking that launching a coin is reserved only for those ones with deeper pocket, however that is not quite true. Today anyone can create colored coins , a coins that are build on Bitcoin Blockchain and this coin can represent an asset. Also everyone can make a token using Bitshares or Wave platform that offers there users ability to issue tokens in an easy way. So now we have our token. What's next?
Well we need a whitepaper, a paper that will describe our idea that is hiding behind a project. If you want to do this you can pay a good writer couple hundred of dollars.
Now we have whitepaper and token we need a website we can choose some of the free options and make good looking website by ourselves or we can pay a designer to make a spider's WEB.
At the end make TELEGRAM account and hire one guy, which only job would be to make a HYPE around a project.