BE PART OF THE SOLUTION. This is the only way I can help the community. ICO encounters many trials and problems and we must help the community by doing the right thing instead of creating a problem too. Helping people is very good but we need to teach them also to be responsible enough for their actions.
If we encounter some projects that we can see that it is scam. For sure they have a bitcointalk account, so we can red trust that project in order for them not to get more victims. 
Topic: Reducing scam (Read 17832 times)
I think the thing that needs to be done is to make more stringent regulations so that ICO makers are more afraid if they try to make ICO a scam, it is true that no one forces people to invest, but please note that the crypto world reputation will be destroyed in the eyes of the world if a lot of scammers are still free from fraud here. people will be more takun to invest.
I am agree, if more scammers in crypto market, people who want to invest must be afraid. Regulation from government about ICOs is needed because its like investment market and cryptomarket value always growing bigger and this is need government protection
I think the thing that needs to be done is to make more stringent regulations so that ICO makers are more afraid if they try to make ICO a scam, it is true that no one forces people to invest, but please note that the crypto world reputation will be destroyed in the eyes of the world if a lot of scammers are still free from fraud here. people will be more takun to invest.
I think crypto is growing on daily basis. As a result, more people are also joining cryptocurrency day in day out. Mind you these people here may be scammers so its important to take note and be careful in whatever thing you do.
Crypto is growing on daily basis and the main way to makes it work is getting outdated with lot of scam project has the greedy in human will always come out from them but I prefer the regulatory board from every country which will standardized the technology for real use.
I also believe whatever bad is going on in the good crypto market, be it scamming or hacking, regulations may help. And it is high time controlling such hacking and scamming to retain the good image of cryptocurrency. Many people may think regulations will affect the market. Yes it will affect, but only for short term. In the long run, it will help.
From it's positive points of views, regulations will help those who are not interested with this industry due to some obstacle that interfere for them to invest their money, with regulations they will be attracted since hacking and scamming will be lessen in such manner, in the long process newbies will
step in and start trying to make something from this market.
I have read that regulations and laws are being worked out for icos and crypto in most of the countries especially Australia and Europe is actively working on the regulatory framework, after they implement their regulatory framework for crypto i think many more countries will follow.
Yes, I also agree that fraud in ICO projects can be defeated only by the regulation of such projects by the states. Other methods of dealing with fraud in these ICO projects have proven to be ineffective. After the start of such regulation, these projects can again regain their former popularity and I hope that this will happen soon.
I also believe whatever bad is going on in the good crypto market, be it scamming or hacking, regulations may help. And it is high time controlling such hacking and scamming to retain the good image of cryptocurrency. Many people may think regulations will affect the market. Yes it will affect, but only for short term. In the long run, it will help.
I think to reduce the ico project that needs to be done is.
1. Crypto Regulations
2. Auditing Smart contracts
3. Implementation of KYC for Large investors
and the rest we as users must choose in choosing projects, not easy to believe before researching the contents of their entire project. I am a beginner who is not an expert in choosing projects but knows little about how to avoid projects that are not clear.
1. Crypto Regulations
2. Auditing Smart contracts
3. Implementation of KYC for Large investors
and the rest we as users must choose in choosing projects, not easy to believe before researching the contents of their entire project. I am a beginner who is not an expert in choosing projects but knows little about how to avoid projects that are not clear.
I know that regulation means less income but it is better than no income at all because of the scammers.
What is your basis on your statement? I believe regulation will make the market profitable as it will attract investors to risk their money again.
I have read that regulations and laws are being worked out for icos and crypto in most of the countries especially Australia and Europe is actively working on the regulatory framework, after they implement their regulatory framework for crypto i think many more countries will follow.
Can you provide us some link about this article? I think we need to monitor its development since we are hoping that everything will change after the regulation. I feel that this is a high time to really regulate bounties so everyone will be protected and everyone will know what to do. I know that regulation means less income but it is better than no income at all because of the scammers. 
The truth be say nothing really can done about this for now until regulation becomes adopted. What can be done for now is individual intelligence in choosing a project to work on as a bounty hunter or a project to invest in as an investor. Its no big deal, but it requires hard work, effort and thorough research in selecting the right project for your field.
this is a big problem if there are many people who get a scam, the current skills for researching on each project are indeed very important and very necessary so that they are not always exposed to scams. any regulations that are applied at least have disadvantages that can be used by scammers
The truth be say nothing really can done about this for now until regulation becomes adopted. What can be done for now is individual intelligence in choosing a project to work on as a bounty hunter or a project to invest in as an investor. Its no big deal, but it requires hard work, effort and thorough research in selecting the right project for your field.
Reducing scam is possible if we know how to look at scam projects and scam fundraising and we can determine where to invest like Dencoin tokens that can actually give us a good profits in the future if we invest and hold this alts and this project is legit and proven.
It's only possible for people who have enough knowledge in crypto or investing in crypto, but for newbie with lack of knowledge, that would be too risky to them. The government regulation is a more effective tool that could reduce the scams in the crypto world, and we need them for the market to grow.
Today in ICO there are already less scammers. Most likely due to the fact that such projects are no longer able to raise large amounts of money - few investors participate in the ICO.
It's quite unfortunate that most individuals will take such a wrong step by scamming others. Nevertheless, in my own opinion I think the best way to reduce scam is taking time to study most projects especially the ones that are over hyped.
Also, these scams were rampant during the era of ICOs, but have now been reduced as investors are now focused on IEOs. Also, I think IEOs should be properly managed so as to ensure the bad eggs don't get involved.
Also, these scams were rampant during the era of ICOs, but have now been reduced as investors are now focused on IEOs. Also, I think IEOs should be properly managed so as to ensure the bad eggs don't get involved.
Scam and insecurity are some of the many issues retarding crypto from going mainstream. I believe in order to reduce scam, one has to be security conscious and also remove greed. Stop patronizing ICOs which promise very high gains even when the team and product are questionable. Do not take part in crypto HYIP and other related scams, in a bit to gain fast money. Be patient, do not use new exchanges which haven't got reputation, do not click strange links promising free coins and so on.
In 2019, I noticed a much smaller number of traders in the crypto market. I think that this figure is 60%.
how did you notice this? do you have any relevant research on this, and is the reason that people are hodling crypto, or they stay away from the market?
all this does not have to do a research because in reality it is indeed crypto like this. for now there are many crypto scams that have happened now. but such a scam project is difficult to overcome. the problem is that until now many people have fallen into the wrong crypto world
I think the only measure to reduce scam is regulation of new blockchain startups. Once they are regulated by authority of each country then investors can sleep with their two eyes closed. Investors will feel safe to invest in any project once regulatory measures are in place.
In 2019, I noticed a much smaller number of traders in the crypto market. I think that this figure is 60%.
how did you notice this? do you have any relevant research on this, and is the reason that people are hodling crypto, or they stay away from the market?
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