Mandatory live video for project developers or team - page 2.

tomahawk9

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Quote from: Lawrenzoo on April 18, 2019, 04:02:00 AM

so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

That still won't stop people from scamming. Scammers will always find a way to get around whatever obstacle they find, to them, the end of justify the means. Plus, anyone pouring money into these ICO projects just because they saw the faces of the people behind the project can't be called an investor.

The only way these ICO scams and exit scams will stop is with a solid regulatory framework issued by the governments. That way, the teams behind the ICOs will have to comply and go through a rigorous process to protect both them and investors without the former having to expose all their personal info to the public if the prefer not do it.

icalical

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what do you mean by mandatory?
how do we make it mandatory?
I don't think we can make the system to demand all ico to do a live video, however I do believe every investors have their own standard to decide which ico they want to invest. And live video could be one of them.

eternalgloom

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This would be almost impossible to enforce, there will still be many scams around.
Besides, that should not be a requirement, how much time would be wasted if every ICO dev had to make a skype call with potential investors.

How about you just do a bit of research of your own and stop throwing money at everything you see?

Gabmot

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Very good! Alongside this, showing some sensitive personal info about themselves will also contribute greatly in shooting up investors trust level, hence, making people interact with them and their projects on open grounds.

batang_bitcoin

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I get the idea of verifying if those people that are posted on their website as a team to see if they are authentic.

But a scammer would always be a scammer and they don't care even if their faces would be posted online. If they have plans to scam their investors, they will do it.

dungp3132

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Quote from: Lawrenzoo on April 18, 2019, 04:02:00 AM

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

Who are potential investors? So I guess you meant that they have to do Livestream with community before starting their ICOs. Even they do like this, it won't guarantee that their ICOs are good, and they won't run with money crowdfunding raising from ICOs and abandon their projects later. Or they can develop something stupid as a proof that they actually develop their projects, but unfortunately at the ends their projects fail. In such cases, will videos can be helpful to judge and find them for legal accusations? I believe it won't be helpful at all.

alexsandria

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Quote from: Lawrenzoo on April 18, 2019, 04:02:00 AM

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

In some sense I can say, it is not going to be effective to make a live video, we are just making them do a much harder work for what? To see their faces that we don't even need. We should focus on our businesses and not might their faces. Improvements to the project is enough to say that they are doing their job to the finest.

kaya11

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Quote from: Lawrenzoo on April 18, 2019, 04:02:00 AM

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

If they meant to scam you in the first place then don't bother doing things like this. Even the great Satoshi Nakamoto is anonymous but still manage to create Bitcoin and succeed. There are many ICO prject who didn't just need to Skype you online but meet you in person when they are still promiting their token but still they failed on succeeding. No point at all.

Red-Apple

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that will not change anything at all! the scammers don't fear anything these days, look at Craig Wright for example who is the biggest one. he is still scamming in broad daylight and keeps on making appearances!

the only thing that matters for a project is the project itself. look at bitcoin for example. we don't even know who Satoshi is let alone seeing him but there still are millions of people around the world who are using bitcoin as payment or as investment because they see the "project" itself and what it offers.
when all the ICO tokens are creating is a useless garbage, a video is not going to change that.

Viper_Unleashed

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Good idea but making it fruitful will be great issue because projects that have strong background and motivation will eventually survive and will provide good results.Mere video call will do no good to this.Already we are facing different regulations that are ought to come in different countries and many things are to be involved.Once strict regulations and laws are imposed it will be a little safe for the investors.Until then things will continue as it is.More and more people falling victim.

JuggSlash

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Well. There are so many projects which have not been reveal their team faces yet but they are success, but there are some of projects who reveal their faces but they just at the mid range.

baigreen

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Quote from: Lawrenzoo on April 18, 2019, 04:02:00 AM

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

You know what the problem is. That they are so arrogant today that they do not hide their faces. Just countries choose without deportation. And they live there. How do I know this. Because several famous people even promoted fraudulent projects. And they fell into this. Of course, a well-known team will attract more investment, but if they want to cheat you deceive and so. See how many successful people on the Internet in advertising. Fraudsters and actors.

jaywizzy

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This is a good idea but I don't believe the project owner or team member will not do that because ICO is not regulate by government.

rafi035

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A good idea, too, but they can't do that because it's just a waste of time, if you want to know their faces as developers, you can see from the results of the meeting they were photographed and published here.

Lawrenzoo

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I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICOs.

Topic: Mandatory live video for project developers or team - page 2. (Read 240 times)