Easiest way to stop ICO scam is - page 3.

googs84

sr. member

Activity: 630

Merit: 256

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Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

Off course there is no way around this one just because of one thing and thats decentralisation. Neither there is control of any regulatory body over this one nor any initiatives are there. So whats happening is simple but bitter one, ICO's are being made, they are collecting the funds and KYC along with it but they are using it for their own purpose and just to show up that how they are being legit one. As long as there forms no regulator for these kind of projects we are not going to see decrease in the scam rates at all. The tricks like sending of tokens pre-loaded and stuff doesnt really work mate, its far to complicated than we think.

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

I believe it is not possible to stop ICOs scam.
people believe that if an ICO is well presented it is not a scam...and if it is just proposed,it is scam.

tamango

full member

Activity: 602

Merit: 100

I think this is not a good solutions because you can have the ICO coin in your ETH wallet but if this coin has no value because the project reveals a scam you have nothing...

pat25

full member

Activity: 770

Merit: 102

This does not solve anything, for example: you get a token that's useless because the team left the project, it's the same as when you receibe nothing.

upisdown

member

Activity: 322

Merit: 10

Yes, it is necessary to develop new methods of fighting fraudsters, current methods work very poorly. It remains to rely only on yourself and do a detailed analysis of projects.

madushanperis11

member

Activity: 182

Merit: 11

Technology is just a tool which can be manipulated if the people behind the ICO are scammers. I do not think there is a easy way to stop scamming ICO until all the people become honest which will not happen. The best thing we can do is trying to avoid the scams by doing your researching.

arkond

member

Activity: 146

Merit: 10

It would be difficult to stop ICO fraud, especially crypto-it the free world. Almost it seems that the law doesn't exist here and to risk depends on you. It is also difficult to define ICO fraud if management is good in it. It is better to consider the project or, at least, to make some researches if their news or updates are right.

Quincy01

newbie

Activity: 140

Merit: 0

Stopping ICO scam is almost impossible because no ICO will indicate from the beginning that it's project is a scam until after they've gotten what they wanted from people and disappear in the thin air. I think that since it cannot be stopped, it can be managed to some extent by the boards of this forum, they should be able to meet up to some level of standards with conditions before accepting them.

muhdatha

member

Activity: 168

Merit: 11

Betrium 🎾 Worldwide Betting Exchange

Quote from: gizmodo1987 on February 03, 2018, 10:36:10 PM

I think we cannot stop ICO from doing scam. People just need to be vigilance. Do a research and ask for advice to others before jumping into ICOs.

Why no? There is a clear procedure like Escrow, you know.
It provide more secure participation in ICO and Bounty.
But we should choose an Escrow agent with high trust.

bigblackdeck45

jr. member

Activity: 266

Merit: 1

I think we can help stop scam ico by spreading the word and letting everyone knows that this certain ico is a scam. Spreading the word helps potential investors to rethink or not investing at all to these certain ico's. Always be cautious when planning to invest on any ico, always do background checks.

Goaheadz

full member

Activity: 209

Merit: 100

The Chinese broke this chip and decided to stop the uncontrolled outflow of capital by banning the ICO. But it did not really help them.

JJriver

full member

Activity: 173

Merit: 100

W12 – Blockchain protocol

Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

It is necessary to filter the Ico, make a threshold for entering the market for them, or create some kind of stress tests that they themselves are eliminated. In general it will not be easy, but otherwise we will continue to get into their networks and lose our hard earned.

Crypto-capitalist

member

Activity: 224

Merit: 10

Quote from: billknight on March 31, 2018, 07:17:48 PM

Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

If you want to prevent ICO scams, you should first check the ICO's information, check the community and do not click ICO advertised on google.

Agree with you, but why do not click advertising? Companies very often use advertise for ICO, product and etc. This is normal practice for me.

Crypto-capitalist

member

Activity: 224

Merit: 10

Quote from: ndico on April 13, 2018, 10:24:09 PM

I think the easy to stop ICO scam is to apply small regulation to ICO. They should make that any project that wants to do ICO will through company registration in the residing country and pass some security checks, that way ICO will be free of scams.

This step could help. But scam always will be in business.

ndico

member

Activity: 280

Merit: 10

better Days Ahead...

I think the easy to stop ICO scam is to apply small regulation to ICO. They should make that any project that wants to do ICO will through company registration in the residing country and pass some security checks, that way ICO will be free of scams.

tonylewisverdu

newbie

Activity: 28

Merit: 0

thats one way to make sure you receive the coins but there i very little stopping the ico from dissolving after that and leaving you with worthless tokens. so keep doing the research on the team (as well as everything else)

Go Green!

leynylaine

member

Activity: 322

Merit: 15

ICO scams are inevitable. These scams are existing because we let them but we can't tell if they are scamming or not unless the Bounty is finished. Find better Bounty Managers just like I did.

boboyboi

newbie

Activity: 146

Merit: 0

since we are dealing here on an easiest way to stop Ico scam,my opinion will be in relation to most of the advices from the team,doing research thoroughly,listening to advices,educating oneself to the advancement of technologies,It may sounds difficult to do but our intellect will be the easiest way to be friend of,the fact that scammers are always there,knowledge is the key to fight against it.

macpartrantsoft

newbie

Activity: 1

Merit: 0

Forget the moon this one is heading to Mars, at least that is one of the long term goals for the blockchain. Check out Marinecoin, MTC. They are distributing 9 billion MTC using time dilution technology to fairly reward anyone willing to promote the new ico. The project is eco friendly requiring minimal power to run the whole network. No miners needed either so they are awarding most of the coins to promotion efforts. Great time to scoop a bunch up for a bit of effort. self sustaining - iot - community - zero fees - mtc - Learn more here. marineco.in/ico

castiloros

sr. member

Activity: 770

Merit: 250

ICO appear incessant, distinguishing a scam and not sometimes difficult if you have a way may be given. depends how we analyze and smart looking for news sources ICO scam or not. KYC and not have a relationship with ICO scam or not.

Topic: Easiest way to stop ICO scam is - page 3. (Read 1049 times)