Anybody that has used those bounty platform's can you explain on how they are distributing the tokens? to be more precise, are they holding the total pool for that bounty?
If they do, they are acting as an escrow and they are the one that acts as an intermediary between the bounty hunters and the bounty management.
I haven't used and joined them so I don't know on how they are working.
Topic: Is it possible to do this? - page 7. (Read 1217 times)
I don't think that your proposal for restricting ICOs can see the day light, it just impossible. Though, there are many fake ICOs coming out, some with scam intentions while other are real, you just need to do your assignment before jumping into them.
From my opinion it is possible but you have to prepare for this deal so much. Do an analysis and find all necessary information about this one. I hope you will get it.
Yes, That is a good suggestion. Because there are tons of scam projects are being launched everyday. That will reduce the quality of the field.
And what will be the verification system?
They do this ICO's for getting funds. That means they do not have enough money.
Well theycould increase their Pre-ICO amount and maybe that could idle for a month while doing the verification.
Perhaps a good amount that could suffice all the expenses for it.
They do this ICO's for getting funds. That means they do not have enough money.
Well theycould increase their Pre-ICO amount and maybe that could idle for a month while doing the verification.
Perhaps a good amount that could suffice all the expenses for it.
Imposing restrictions mean barring new ICOs? If this is, it is impossible to bar new ICOs entirely in a bid to eliminate frauds. But what thing will discourage scams is regulation. The regulators should tighten the screw on new ICOs by setting criteria so as to minimize frauds. And if regulations are in place, most of frauds related to new ICOs will be eliminated itself.
It impossible because cryptocurrency should be decentalized. But your idea suppose that somebody will regulate crypto.
I think it's hard to do that because I can't tell if this project is a fraud.
Most of the time we have to judge for ourselves, because there is still no standard to judge fraudulent projects.
Most of the time we have to judge for ourselves, because there is still no standard to judge fraudulent projects.
I also want this to implement in our forum, to filtered which is real , or to remove the money making projects. It is very hard to predict which one is legit and which one is not. By the help of this proposal, more investors can really enjoy the true meaning of investment, not just investors but including bounty hunters and the real ico projects too, you can participate, invest with no worries.
As of the time like this, there are many ico that is launching and we cant choose and do verification on each one of them, and it is a major problem if many investors falls for the scam ico project. I agree with your plan, it is good and can we recommend to do verification to the ico project before they launch in this forum to ensure that this forum is a scam free.
There is a similar system. It involves sending all the data by the ICO creators to the aggregators on which they want to publish.
Dear forum participants, I think it's time to introduce restrictions on the ICO. The reason for my proposal was a huge number of fraudulent projects that are hiding with investors' finances, don't pay bounties compensation when the desired amount is reached, etc. I propose to create a verification system that will become an intermediary between the investor and the ICO.
The idea is really interesting and promising. Now in the market kyrpto really there are a lot of scammers who steal our money. I think you need to think carefully and write in detail how the project will work. 
I think this is possible but not feasible. Some ICOs maybe scams but not all. And investing in them is your prerogative and still it is you who decide to invest or not. In bounties however, you are not investing in anything but is rendering your services in the hopes of getting a reward later on. Even in normal companies not related in crypto, investing in a business or idea does not guaranty you of a nice profit. Most of the time, they would end in losses or closing the business altogether. This risk is inherent to any business out there.
Each investor decides where he should invest, many are interested in ICO because of the possibility of greater profits, but you need to carefully choose the project. If you have the necessary knowledge, your chances of getting on scammers are reduced many times.
There are companies that accept investors' funds and stage-by-stage transfer them to project organizers when they carry out tasks specified in the roadmap
I think this is right and less dangerous for investors
I think this is right and less dangerous for investors
That was already addressed internationally. Are you familiar with ESCROW? If you don't wanted to be a victim of scam ICOs, try to check this out.
An escrow is a legal concept where a financial instrument or an asset is held by a third party on behalf of two other parties that are in the process of completing a transaction. In other words, when you use an escrow, a third party acts as a guarantor. The funds or assets are held by an escrow agent. This party controls the whole process and makes sure the commitments are fulfilled. Therefore, nobody can use money on their own without the agreement from other participants.
Source: https://cointelegraph.com/explained/escrow-explained
Try to browse google to be familiarize how this ESCROW works. I am sure that it will be beneficial to you someday if you decided to invest to an ICO
An escrow is a legal concept where a financial instrument or an asset is held by a third party on behalf of two other parties that are in the process of completing a transaction. In other words, when you use an escrow, a third party acts as a guarantor. The funds or assets are held by an escrow agent. This party controls the whole process and makes sure the commitments are fulfilled. Therefore, nobody can use money on their own without the agreement from other participants.
Source: https://cointelegraph.com/explained/escrow-explained
Try to browse google to be familiarize how this ESCROW works. I am sure that it will be beneficial to you someday if you decided to invest to an ICO
Crypto is not that regulated to make the restrictions, I don't think it will work like this. It is a wild market.
I think this is possible but not feasible. Some ICOs maybe scams but not all. And investing in them is your prerogative and still it is you who decide to invest or not. In bounties however, you are not investing in anything but is rendering your services in the hopes of getting a reward later on. Even in normal companies not related in crypto, investing in a business or idea does not guaranty you of a nice profit. Most of the time, they would end in losses or closing the business altogether. This risk is inherent to any business out there.
Dear forum participants, I think it's time to introduce restrictions on the ICO. The reason for my proposal was a huge number of fraudulent projects that are hiding with investors' finances, don't pay bounties compensation when the desired amount is reached, etc. I propose to create a verification system that will become an intermediary between the investor and the ICO.
This is not possible for current scenario because lot of comes in day by day and few projects are scam in market. So we only protect ourself and ICO investment is really risky investment so many experts only choose this investment. But many beginners are blindly invest on ICO it is waste of money. I suggest to invest on Bitcoin or altcoin because it is reduce the risk factor. 
I think this will be possible for the sake of good member here in bitcoin and hopefully your proposal will grant soon because this proposal will benefit more honest member as well as the ICO's too.
I highly doubt that ICO's will end up like that because the new projects will be out there every other minute and guess what you have no control over it or no public decisions can stop them. Its free environment and kind of open source where you can code whatever you want, publish it and get money for it. You know very well we live in decentralised model where people come up with different usage of blockchain technology and thus gives us wings to spread anywhere. Well, ICO projects are similar to any IPO that we see in the stocks etc and thus its no different than real world only the difference is its in the virtual medium and people are gonna try out them for earning money.
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