How to determine scam or not? A solution by Kickico

Crumple Cat

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Quote from: NoiseBoy on October 02, 2017, 02:38:09 PM

This seems a lot like what cofound.it is already doing via their priority pass system. Only CFI also has an entire team dedicated to doing preliminary evaluation and ICO mentoring, so you already have all of the scams weeded out. Kick sounds like it would appeal to the companies that couldn't meet CFI's basic standards, which makes me wonder why I would want to invest in any project they promoted...?

Perhaps because some of the projects you really like and you find the right to invest in it

NoiseBoy

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Sound. Fury. Signifying.

This seems a lot like what cofound.it is already doing via their priority pass system. Only CFI also has an entire team dedicated to doing preliminary evaluation and ICO mentoring, so you already have all of the scams weeded out. Kick sounds like it would appeal to the companies that couldn't meet CFI's basic standards, which makes me wonder why I would want to invest in any project they promoted...?

MI6

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well, at least they want to help investor so investor not join some "scam" ICO, and for this they must really professional so they're not pick wrong suspect

grizmoblust

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Quote from: Crumple Cat on September 27, 2017, 07:13:17 PM

Hey, guys. I have a question about Kickico platform. Recently, the project founder said that the community will decide which ICO to launch, and which are scam and should be burned https://hackernoon.com/community-choice-ff9dac51f5ad. Do you think this will work effectively and we really get a cleaner projects list for investments?

no one can anwser this question. Time will give you the answer so just keep waiting to see platform run and review later

Crumple Cat

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Quote from: Vansire on September 29, 2017, 06:30:43 PM

Quote from: Crumple Cat on September 28, 2017, 03:53:08 PM

Quote from: Vansire on September 28, 2017, 09:10:39 AM

They plan to have weighted votes depending on the number of coins you hold. That could be effective against fake accounts voting positively for a scam project. A shrewd scammer could buy a lot of coins for the fake accounts, but it is unlikely to reach a majority that way.

I think that it would be more correct to vote on the principle of one user - one vote.

Maybe, but in the short term it's too easy for a single user to create a ton of fake accounts and manipulate votes. In the long term it's possible to find a way to identify unique users. In the even longer term people may find out even unique users are no guarantee against voting manipulation: simply pay a ton of individuals to vote for you. The next step is meritocracy = weighted votes.

I agree that this process is not simple, but having good intentions and a desire to create a really high-quality platform, I am sure that such issues will be gradually solved correctly.

Johnnywelsh

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Gives people a good reason to have Kickcoin until the actual platform is up and running. Now that it looks like the token distribution issues have been solved looks like a solid company.

Wildwest

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Looks good i'm fully support this. Kickico is legit ICO but do not know what other side of that. With this solution we can see what is the best ICO to invest trusted and clean.

Vansire

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Quote from: Crumple Cat on September 28, 2017, 03:53:08 PM

Quote from: Vansire on September 28, 2017, 09:10:39 AM

They plan to have weighted votes depending on the number of coins you hold. That could be effective against fake accounts voting positively for a scam project. A shrewd scammer could buy a lot of coins for the fake accounts, but it is unlikely to reach a majority that way.

I think that it would be more correct to vote on the principle of one user - one vote.

Maybe, but in the short term it's too easy for a single user to create a ton of fake accounts and manipulate votes. In the long term it's possible to find a way to identify unique users. In the even longer term people may find out even unique users are no guarantee against voting manipulation: simply pay a ton of individuals to vote for you. The next step is meritocracy = weighted votes.

Crumple Cat

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Quote from: Vansire on September 28, 2017, 09:10:39 AM

They plan to have weighted votes depending on the number of coins you hold. That could be effective against fake accounts voting positively for a scam project. A shrewd scammer could buy a lot of coins for the fake accounts, but it is unlikely to reach a majority that way.

I think that it would be more correct to vote on the principle of one user - one vote.

Inkdatar

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Quote from: indrakusumaindra on September 28, 2017, 09:56:26 AM

it would good if its comes true. kickico was a great ico . huge profit prom the ico and i believe if kickico launch more ico it would be great and will success. what a great thing if we can track and choose which ico is scam and which one is good ico.

Mostly the feedback of kickico is good and has a potential project. Yes,it is already a successful ICO and hopefully they will developed their project. So Im also watching this ICo and hopefully it will hit the big exchange.

indrakusumaindra

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it would good if its comes true. kickico was a great ico . huge profit prom the ico and i believe if kickico launch more ico it would be great and will success. what a great thing if we can track and choose which ico is scam and which one is good ico.

Vansire

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They plan to have weighted votes depending on the number of coins you hold. That could be effective against fake accounts voting positively for a scam project. A shrewd scammer could buy a lot of coins for the fake accounts, but it is unlikely to reach a majority that way.

Crumple Cat

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Quote from: GreatOrchid on September 27, 2017, 08:57:02 PM

I see this as a very good idea from the developers, of course they are giving the investors the chance to participate in the solutions of the platform, i really agree with this, and i see this as a very good step before the ICO. So why would you say that kickico is scam just because of that? i dont see your point in your accusation.
Anyway, it is a good ico, worth to invest in.

I'm fully support this decision and Kickico in general. I just initially didn't correctly write the topic title (now corrected). Well, I think that the "community choice" will work effectively, but only if the Kickico team and community determine the right criteria for selecting projects. And I think that this should be a serious issue for discussion.

iram3130

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The platform is awesome and the owner Anti is not less than a celebrity in Russia. The team will definitely bring more and more ICO's, already there are some successful ventures on their platform.

Marvell1

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Very good solution. The success will be depends only on realization. I hope they handle this and it will help to determine good icos in future.

doedz

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I support him and this is a good move. Investors will feel safe and helped to choose clean and truly trusted ICO.
After this there will be no State that prohibits ICO.

100degrees

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There is nothing wrong with allowing a vote. You just want to make sure all the information is available.

Rory

GreatOrchid

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I see this as a very good idea from the developers, of course they are giving the investors the chance to participate in the solutions of the platform, i really agree with this, and i see this as a very good step before the ICO. So why would you say that kickico is scam just because of that? i dont see your point in your accusation.
Anyway, it is a good ico, worth to invest in.

asepsetiawan1990

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it is a good move to lead to positive things. Whatever his efforts. The most important thing is that bad things can be anticipated as small as possible

Rastadon

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Quote from: Crumple Cat on September 27, 2017, 07:13:17 PM

Hey, guys. I have a question about Kickico platform. Recently, the project founder said that the community will decide which ICO to launch, and which are scam and should be burned https://hackernoon.com/community-choice-ff9dac51f5ad. Do you think this will work effectively and we really get a cleaner projects list for investments?

That means the community will get a chance to participate to analyze the platform that should be launched in the crowdsale sites, But i think that will be effectives. But that will be better if the kick ico can try to make a relationship with the platform that provide the market data such as santiment.

Topic: How to determine scam or not? A solution by Kickico (Read 539 times)