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Topic: Easiest way to stop ICO scam is - page 8. (Read 1049 times)

hero member
Activity: 2828
Merit: 518
March 03, 2018, 06:47:05 PM
#93
Scam projects are really hard to find nor it can be stop easily. Scammers are just keep on hiding their real identy in the public and we all knew that here in but everything are anonymous.
Absolutely there is no such ways to to stop this,  it is our own perceptions to find scam and never engage with them.
member
Activity: 156
Merit: 13
March 03, 2018, 06:39:26 PM
#92
Do a thorough research before investing in any ICo to minimize scam. Check the problem intended to be solved by the project; it will enable you to know if the project can stand the test of time or not. Also check the team, Whitepaper, etc.

It is no easy to spot the false project (although the small percent of ICOs can be seen in the start). The whitepaper is key for the revealing of the good project. Also, many of the ICO developers are providing the list of their consultants which can be revealed as false if researched thoroughly (some consultants don't even know they have been connected with the team).

ICOs scams cant is stopped if the developers are smart enough because when they see a small amount of possibility that they are revealed as scammers they run without a trace with the money the investors had given them. Investors must stay vigilant if they don't want to lose money to the scam projects!
member
Activity: 252
Merit: 14
Marketplace for sensor data
March 03, 2018, 06:32:11 PM
#91
Stopping the current scam ICO is not possible because of the sales of each ICO's Token amount. Often ICO projects will distribute Token after the launch of the ICO because they will then count the number of Tokens that will be allocated to different campaigns and estimate the number of tokens per skate. Therefore, it is necessary to have excellent ICO project analysis skills through indicators to avoid ICO scam.
sr. member
Activity: 756
Merit: 259
March 03, 2018, 06:28:17 PM
#90
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.

Well, KYC is not useless for project developers. As if taxman will come to their office or they need to do full audit, they have people who have contributed to the project and can show that data..
full member
Activity: 689
Merit: 102
March 03, 2018, 06:24:32 PM
#89
If it is so easy to prevent scam, it didn’t exist at all. But now we can see it everywhere. It is a pity, but scams are very difficult to avoid Embarrassed
member
Activity: 280
Merit: 10
The Protocol for the Audience Economy
March 03, 2018, 05:45:02 PM
#88
I think there is no way to block phishing ICO projects, we just learn, improve ICO knowledge to analyze them more thoroughly. Avoid phishing projects that reduce risk. The technology market thrives, no one controls all the ICO projects.
sr. member
Activity: 546
Merit: 261
March 03, 2018, 05:38:13 PM
#87
There's no easy way,you have to depend on yourself to not getting scammed by those shady ICO.Research their background info and decide for yourself if that project is scam or not,don't be blinded by their sweet promises.ICO scam can be stopped only when cryptocurrency is not a thing anymore.
hero member
Activity: 557
Merit: 500
March 03, 2018, 05:19:51 PM
#86
Nowadays scammers are so ingenious that they can even forge timetables, for example, to take and insert into the development team real people who don't know about it at all. How to find the truth?
member
Activity: 168
Merit: 10
March 03, 2018, 05:18:59 PM
#85
how to protect yourself from scams, dodgy investments and down-right bad guys.
Lack of Online Presence: Always check the team behind an ICO.
Guaranteed Profits: If an offer sounds too good to be true, it is.
No White Papers or Bad White Papers: A white paper is the core of an ICO proposition, and should outline both the technical and fundamental drivers of a project. If there’s no white paper, don’t invest. Always check to see if a white paper is plagiarized by performing a search for quoted passages
Imbalanced Premines: A premine makes a specific amount of tokens available to early investors or team members before an ICO crowdsale goes live. If an ICO reserves a massive amount of capital for its team, it’s likely an exit scam
newbie
Activity: 224
Merit: 0
March 03, 2018, 05:10:28 PM
#84
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.
Technology era, no one can stop the fraudulent ICO projects. We should be more careful when choosing a potential ICO project to reduce the risk of investment. You should consider staff, roadmap, community .... etc. These factors speak up the quality of the ICO project.
full member
Activity: 2324
Merit: 175
March 03, 2018, 04:59:20 PM
#83
There's no easy way I have seen some ico that was predicted to be huge but turn out to be scam one of these is nametoken, until know they fail to give investors what they promise, although they are refunding some of their investors, This scam ICO are here to stay.
full member
Activity: 308
Merit: 100
March 03, 2018, 04:49:48 PM
#82
I don't think it is really possible to stop ICO scam. I think we should be focusing on the other side. May be some regulations and licensing is not so bad in the end of the day.
Yes, I am also now inclined to the fact that regulation of this area is not such a bad idea. The main thing is not to overdo it with regulation, so as not to harm the ICO sphere.  Roll Eyes
full member
Activity: 472
Merit: 100
Gamblica Pre-Sale launch 01.03.2018!
February 28, 2018, 07:11:16 AM
#81
I don't think it is really possible to stop ICO scam. I think we should be focusing on the other side. May be some regulations and licensing is not so bad in the end of the day.
member
Activity: 168
Merit: 47
February 28, 2018, 06:55:02 AM
#80

KYC is really useless for crypto currency traders.

Kyc is coming recently to cryptocurrency world. There are so many pros and cons between the member in cryptocurrency.
Some said is good because kyc is needed by project explain the project is regulated. Some said its useless like you. For me i am neutral.
member
Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
February 28, 2018, 06:47:27 AM
#79
ICO scam will only be stopped when investors will start using  their heads not just for having dinner!  As soon as people stop putting their money into projects with no future,  there will be less scams.  ICO teams will have to present a working product or technology in order to attract investors.
full member
Activity: 350
Merit: 106
February 28, 2018, 06:26:38 AM
#78
I do not know the easiest way but believe that the efficient one is to use more thoughtful, reasonable and cherry-picking approach while contemplating investment opportunities, saying the same in another way, we need stop investing in scam projects.
full member
Activity: 518
Merit: 102
February 28, 2018, 05:19:07 AM
#77

fraudsters were-is and will be!
and from this no one is immune, and this, if so happened, can not be avoided!
but if you are careful and do not hurry to invest and work with ICO. it's good to study everything, read, watch video lessons. then you can bypass these people!
full member
Activity: 308
Merit: 100
February 28, 2018, 04:55:30 AM
#76
I do not think KYC is a bad thing, you just need to send them your ID documents and its done, this will be good for crypto projects, investors and the icos in the long run.
I believe that KYC is necessary, but also control over the use of information provided by me is necessary. I do not mind that any international body controls all ICOs and, in case of detection of fraud, strictly punishes the organizers.
member
Activity: 1022
Merit: 20
RiveMont
February 18, 2018, 04:24:49 AM
#75
I do not think KYC is a bad thing, you just need to send them your ID documents and its done, this will be good for crypto projects, investors and the icos in the long run.
full member
Activity: 854
Merit: 102
MoonDeFi
February 18, 2018, 04:22:57 AM
#74
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.
Hi, in fact, the question is very important, as recently a lot of ICO has been conducted, I believe that it is necessary to create an appropriate body in which each company must register and conduct ICO and provide relevant documents and make a certain contribution that will help return funds to fraudulent projects
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