If you don't want people to call your altcoin a scam, make it a 2012 BTC clone (a scam)
For some reason people spend much more energy slandering innovative coins rather than ripping actual shitcoins.
Topic: How to avoid your altcoin being called a scam? - page 2. (Read 917 times)
make it a scam lol.
If you don't want people to call your altcoin a scam, make it a 2012 BTC clone (a scam)
For some reason people spend much more energy slandering innovative coins rather than ripping actual shitcoins.
If you don't want people to call your altcoin a scam, make it a 2012 BTC clone (a scam)
For some reason people spend much more energy slandering innovative coins rather than ripping actual shitcoins.
You cannot stop FUD. As a matter of fact FUD is healthy for every project. It means someone is interested enough to drive others away from it. There is no coin that haven't been called a scam and this includes Bitcoin as well.
FUD is a real part of many ICO and project. But if you want to minimize this, you have to have a solid team, you need to update the investors regularly, you need to be transparent for your work, you need to attempt developing a real product for this.
You cannot stop FUD. As a matter of fact FUD is healthy for every project. It means someone is interested enough to drive others away from it. There is no coin that haven't been called a scam and this includes Bitcoin as well.
People will call you a scam anyway but it'll be meaningless if you have a strong team, a real product, and validation from people in the industry, in addition to applying security practices
As an investor, what do you think legit altcoins should do to make sure to avoid being called a scam?
Here are a few of our ideas. You can read them all in the full article here: https://www.sparkchain.com/blog/how-to-avoid-being-called-a-scam/.
Here are a few of our ideas. You can read them all in the full article here: https://www.sparkchain.com/blog/how-to-avoid-being-called-a-scam/.
- Develop written guides and video content to answer commonly asked questions.
- Be transparent about what you will do with the money you raise from your ICO.
- Find your biggest fans and encourage them to help other customers.
- Make security a top priority! Even if your ICO is not a scam, there are scammers out there who will try to take advantage of your ICO.
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