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Topic: SCAM ICOs, what we can do? - page 28. (Read 7295 times)

full member
Activity: 798
Merit: 101
August 28, 2019, 07:46:36 AM
#4
In the past, we experienced ICO, only need a white paper, now IEO, trading platform and project side work together, we only need to choose IEO according to the trading platform, which requires a trading platform to verify the authenticity of the project. past. With so many scams, I hope that investors can be more savvy now. Stay away from fraud.
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
August 28, 2019, 07:34:29 AM
#3
You know, it's a sad fact and we can't punish or do anything to those scammers.
Because this is a decentralized market, projects without legal documents are still being implemented and investors are still not protected.
That's why we should really have investment knowledge and should invest in a group. It will reduce the risk of investing in fraudulent projects.
jr. member
Activity: 199
Merit: 2
August 28, 2019, 06:04:53 AM
#2
Not really sure what we can do to legally punish them but it's not just the offering ICO alone that already has a bad taste in our mouth, but these scam projects are what really affected the market. This is why STO's and IEO's invented to somehow protect us investors and at the same time, provide more liquidity. Binance are listing promising coins that have real partnerships with existing big companies and not just done verbally, which can translate for the project to be serious/legit. The crypto community have already learned a lot over the past few years and has grown weary of what platforms and projects to trust.
full member
Activity: 588
Merit: 100
August 28, 2019, 05:48:36 AM
#1
Hi, recently so many past-ICOs turned into a scam or a deadcoin.
Is there anything what we can do to punish them? More than 2 years ICOs are scamming us and still people are investing, is this really a world what we want to create?
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