Sort:  

Yes it is correct, bitconnect is a good example of that

update: Diversifying the portfolio is a good strategy, either in lending platforms or new icos, even in other consolidated cryptocurrencies, such as eth, litecoin, SBD, IOTA (I like this a lot and I see the future) by mentioning some

Diversification is crucial in all investments, particularly spectulative ones. The block chain technology is undeniably a huge technological advancement that can benefit all areas of life including finance, healthcare, and education.

It is true the blockchain technology has great potential for many areas, I mentioned the bots trader, from i what see, seem to be a natural evolution, when the portfolio is very large :)