There's no connection of reduction of listing fees to reduce the scam ICOs. I understand the point that you can sell those tokens and help these ICOs get into the market but...
If the ICO project and team is a scam, it will never change.
Topic: Less fees on getting listed on exchanges can reduce scam ICOs? (Read 125 times)
September 03, 2018, 04:19:12 AM
Though having less fees to be listed on exchanges is a good thing, I don't think it can reduce scam ICOs/Projects.
Running away with investors' money is a choice, isn't it?
There are people who intentionally make a token and open an ICO to scam people. If you'd go through the Scam Accusations board, you'll see lots of threads about projects that uses fake photos as their team. Legit projects and team won't do that and most especially will not just run away because they don't have enough funds, but rather think and make ways to keep the project going.
Running away with investors' money is a choice, isn't it?
There are people who intentionally make a token and open an ICO to scam people. If you'd go through the Scam Accusations board, you'll see lots of threads about projects that uses fake photos as their team. Legit projects and team won't do that and most especially will not just run away because they don't have enough funds, but rather think and make ways to keep the project going.
September 02, 2018, 02:29:14 PM
I conclude saying we can reduce scam ICOs if exchanges reduce fees in getting ICOs listed under them. ICOs are coming up with best projects with less investments. Once their sale is over, they try with exchanges. Since they ask more, they see if they have got sufficient fund to manage. If not possible to manage, they just run away with what they have earned. What do you think. Less fees on listing on an exchanges can reduce scam ICOs?
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