I hardly understand your point here.
Correct me if I'm wrong, dude. So you wanna put up an ICO projects within Ukraine but your country banned cryptocurency related things? Or you are worrying that you might be wrongly accused as a scammer if you will create ICO projects?
I'm a bit dizzy with your questions. As far as I know Ukraine is rushing to legalized cryptocurrencies so you can still go on with your plan. As long as you have a clear intention not to scam people, then proceed to invest or create projects
Topic: ICO and scammers - page 4. (Read 636 times)
Country like Ukraine is probably protecting their interest and its people from huge scam activity. They know how the cryptocurrency works and some of them or the people already lost some fund due to investing on some fake ICOs. Can't blame them for having such a high steep of rules, but this must be put in a serious investigation since decentralized has it concept of freedom. Better not mess with countries like that.
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
In this matter, there is nothing you can do except introduce who you are, what you do on that project. People or investors already got scam by many projects, and they don't want to get the same things in the future. I guess the investors will find the project that has a real project, with real people who are serious about working for the project. Maybe the other way to this is you can try to get a team from another country who can explain the project, and he can claim that you are a dev and part of the team, and you are a very serious person who wants to do a project.
By doing that, I think soon or later, and you can get an angel investor who wants to invest in your project. You need to transparent to other people so they can see that you and your team are one group that works together in one project.
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
Anonymity is good but if you are promoting a project which is also conducting an ICO, you cannot just hide behind a fake name or fake picture. You cannot do that because investors are looking at your background and capabilities. You are not Satoshi Nakamoto who is designing a project away from the public and does not even calling for generous benefactors and interested investors. Accountability is very important in a crypto project nowadays.
One safe way you can choose is to build partnerships with your friends in countries that allow ICO and IEO. You have to trust your ideas to be managed by your friends, but still with your control and you are the person behind the project. It is indeed a difficult choice. ICO and IEO need your real account whereas if you provide and publish your real account, you will be arrested and sentenced to more than 5 years in accordance with the regulations in your country. The point is to build intimacy and cooperation between your friends in a country that allows ICOs, find the right person with the same goals and vision.
it's arguably very complicated, but in the ICO Project you have to use your real name, original photo and everything if you can't do that means you are scammers, and it's better not to just follow it better than you are imprisoned, I am very respectful of you about your interest in cryptocurrency
I think he's trying to say that cryptocurrencies is banned in his country so how he'll be able to create his own project without letting them know his identity that might caused him to be imprisoned soon. It's indeed complicated but he can team up in some teams in different country to atleast registered their project so it will not be a scammy project since investors needs to know once identity of the team now. It's better to be honest in all terms than to be tag as scammer.
Let us try to put it in vice versa.
You dont know me, I will not write anything by myself. Will you invest with me? Will you take that large risk without even knowing where or whom you are transacting with?
Those are the questions that needs answers for you to continue your business.
Being transparent is a part of it. But if you cannot because of the law that exist in your country then better find another business that is legalized there.
Do not risk it by going to jail the time you are arrested and you will just lose all the efforts you made.
You dont know me, I will not write anything by myself. Will you invest with me? Will you take that large risk without even knowing where or whom you are transacting with?
Those are the questions that needs answers for you to continue your business.
Being transparent is a part of it. But if you cannot because of the law that exist in your country then better find another business that is legalized there.
Do not risk it by going to jail the time you are arrested and you will just lose all the efforts you made.
Yes you're right, that there are currently too many scammers behind the ICO project. And the bounty hunter doesn't want to know about it, what I want is to get the bounty hunter to fight the scammers behind the ICO project.
For bounty hunters, they massively joined every campaign, maybe they are just most likely scanning the bounty and not doing thorough research as they are joining a lot of campaign, thinking and hoping that one might legit one. Ranting in telegram cannot do anything as scam project can easily run away if they want, and bounty hunters cannot do anything on it.
So what exactly do you want to make ICO?
When viewed from the investor's side, yes they have the right to know who they are putting money for and what the money is for. Naturally, investors want to look for profit, which is offered by every developer.
Between developers and investors, they must live in different places, which is suspected to be a scam for developers. Therefore, it is mandatory for every developer to show his true identity. And that is part of the good character of ICO.
If you want to remain anonymous, it's better to make coins or tokens without ICO. As do the coins in 2017 distributed them for free.
When viewed from the investor's side, yes they have the right to know who they are putting money for and what the money is for. Naturally, investors want to look for profit, which is offered by every developer.
Between developers and investors, they must live in different places, which is suspected to be a scam for developers. Therefore, it is mandatory for every developer to show his true identity. And that is part of the good character of ICO.
If you want to remain anonymous, it's better to make coins or tokens without ICO. As do the coins in 2017 distributed them for free.
Yes you're right, that there are currently too many scammers behind the ICO project. And the bounty hunter doesn't want to know about it, what I want is to get the bounty hunter to fight the scammers behind the ICO project.
You should make a team, Find a friends or partner that you can trust from another country, and make a contract with them that you're not become the CEO but the result of the crowdfunding and the selling profits, you will get the biggest part. So you will just their name as a team project but with your idea
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
This year is not like 2017, in 2017 projects are very beneficial for all of us even though there are in countries that do not agree with the crypto, but now if you have the intention to launch an ICO, you better think again, because now there are many projects that unclear and failed, I think with an event like this crypto must think hard to restore everything like 2017.
The ICO and the Scammer are very interrelated, with this it is very difficult for us to distinguish between a really good ICO and a bad ICO, many people are greedy to want huge profits only for themselves, but I think this problem must be resolved immediately by the law may be, because this is very detrimental to all parties.
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
It will be a tough one especially in your current situation. If you will be planning to launch your own ICO then it will be best that you should hide your identity and look for other team members that can provide their credentials but you should also know that it will be your disadvantage of course as we are not in good market condition right now.
Unlike back 2017, there are plenty of projects that became successful even if the team behind the projects are anonymous but if you are planning to launch now then your project will surely fail. If I will be living in a country where crypto currency where being banned then I have no choice but to follow it as you are only causing trouble for yourself if you are planning to push your goal even if it is against the law.
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
Well, this is a very complicated situation it's like you will face legal consequences if you reveal your identity and jailed, if you don't reveal your identity no one is gonna trust you and your project will sink before it starts. I used suggest if you are confident about your project then move out of your county and settle your base to a crypto friendly nation rather than taking risk of being arrested or termed as scammer.
This idea is good, but I now study in university.
Hello, am trying to understand your explanation here, are you trying to say any ICO that the project later turned out to be scammer should be jailed for 5 years. Please share more light on the discussion
No, scammers projects not should jailed for 5 years. If you create not legalisy cryptocurrency, you made "surrogate money". This is a very bad crime in my countries.
Try to find other people that don't need to work anonymously and try to persuade those people to work with you on your idea. You might be forced to be anonymous, but if you're working with people that aren't also anonymous and the people you're working with are genuine, there'll be less people questioning whether or not your project is actually legit. Whether or not a crypto's 'good' or 'bad' shouldn't just be judged off of one or two factors, either. If people find your idea to legitimately be good, one or two issues here and there should not be a big problem.
I dont know, what in english tree, in russian people think only about bitcoin. If you talked "I have idea", people talked you "Your team are scammers and you idea only a way to steal money other people". I thinked about a start topic in tree "Alternative cryptocurrency", but i dont have a enought lvl of english to describe my idea, becouse text have a hard economical term and other.
Hello, am trying to understand your explanation here, are you trying to say any ICO that the project later turned out to be scammer should be jailed for 5 years. Please share more light on the discussion
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
Well, this is a very complicated situation it's like you will face legal consequences if you reveal your identity and jailed, if you don't reveal your identity no one is gonna trust you and your project will sink before it starts. I used suggest if you are confident about your project then move out of your county and settle your base to a crypto friendly nation rather than taking risk of being arrested or termed as scammer.
Try to find other people that don't need to work anonymously and try to persuade those people to work with you on your idea. You might be forced to be anonymous, but if you're working with people that aren't also anonymous and the people you're working with are genuine, there'll be less people questioning whether or not your project is actually legit. Whether or not a crypto's 'good' or 'bad' shouldn't just be judged off of one or two factors, either. If people find your idea to legitimately be good, one or two issues here and there should not be a big problem.
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