Stop SCAM in the ICO market | Bitcointalksearch.org

MidnightWolf

member

Activity: 630

Merit: 10

Quote from: ryap12 on April 29, 2019, 06:52:04 AM

Quote from: bitcoinst on April 29, 2019, 06:45:57 AM

Scams can be stopped only in one way, if total regulation is introduced. Until then, the only thing that we can do is to show the Scam Project at the earliest stages and spread information about it.

If we are talking here at bitcointalk, there are actually a lot of people who does review fake projects and see if they're real. There are also a few threads I found before listing scam projects. But no matter how we keep track of them, there are still some projects that will look legitimate at first but in the end becomes a scam.

Implementing regulation can help but scammers always find ways so the best thing is thorough investigation on each project.

It seems to me that for the implementation of new projects, the developers themselves must have certain funds to guarantee the return of funds by the investor if the project fails. It is necessary to create something like an insurance policy for new projects, which I must provide during the registration of a new company. Perhaps in this way it will be possible to scare off fraudsters from this field of activity.

ryap12

member

Activity: 700

Merit: 14

Quote from: bitcoinst on April 29, 2019, 06:45:57 AM

Scams can be stopped only in one way, if total regulation is introduced. Until then, the only thing that we can do is to show the Scam Project at the earliest stages and spread information about it.

If we are talking here at bitcointalk, there are actually a lot of people who does review fake projects and see if they're real. There are also a few threads I found before listing scam projects. But no matter how we keep track of them, there are still some projects that will look legitimate at first but in the end becomes a scam.

Implementing regulation can help but scammers always find ways so the best thing is thorough investigation on each project.

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

Scams can be stopped only in one way, if total regulation is introduced. Until then, the only thing that we can do is to show the Scam Project at the earliest stages and spread information about it.

Btra

copper member

Activity: 238

Merit: 0

MYID

Scammers are the most active in the ICO market as there is no regulation on this. But, if we talk about the regulation on the ICO then the question arise here who can impose the rules and how? As, the blockchain is working totally in a decentralized way so, no regulation can be formulate on this. That's why a little or more scam can't be avoided.

AngellSky

member

Activity: 462

Merit: 10

Quote from: thesmallgod on April 28, 2019, 03:45:26 PM

How can investors be make to believe that your own MVP too is not a scam. Do you have offices? Are you legally registered and is your business also registered in the country where you operate. These are some of the information you should consider providing us maybe then people will start relying on the services you intend to render

Of course, legal issues for the market and the company are quite an important fragment for successful business. But I would also like a certain structure to be created that could guarantee depositors a refund of their funds. That is, you need to come up with such a system when investments can be insured.

thesmallgod

full member

Activity: 1498

Merit: 129

How can investors be make to believe that your own MVP too is not a scam. Do you have offices? Are you legally registered and is your business also registered in the country where you operate. These are some of the information you should consider providing us maybe then people will start relying on the services you intend to render

Kingairdrop

jr. member

Activity: 552

Merit: 1

Quote from: ico.picker on August 25, 2018, 05:07:12 AM

Hi guys,

We have an idea about how to stop scam projects. We have a team who is developing an MVP for this idea now. The release of the alpha-version will be soon.

Please tell us whether would you invest in a project that:
1. has an MVP that works well.
2. unites all of the stakeholders in the ICO market.
3. stops scam projects.
4. creates a marketplace for easy communication and cooperation.

What do you think?

Update.

The most frequent question is how we are going to offer protection from scams. The answer in this article.

More info about our project:
Website
Pitch for investors
Minimum viable product

To access the MVP, you can use a demonstrate account or create your own. The demo account credentials:
[email protected]
12345678

If you have any questions you can ask them in this topic or in our telegram chat.

Thank you for your attention!

If you can actually pull all you mentioned above off, then i think this space will be better. We are in need of a project like yours, to help curtail the level of scams we see in the cryptosphere. You currently running on alpha version, looking forward to your beta version. Wishing you all the best in your upcoming ICO

Runbitup

full member

Activity: 700

Merit: 100

Quote from: Alpinat on April 28, 2019, 01:36:24 PM

If this project really happen for sure there are many people that is still investing in ICO right now. Stopping such a scam ICO is a little impossible I guess because for sure the people or scammer that builts that scam project will do everything just to publish their scam ICO.

there are always fraudsters everywhere, especially in the internet world, so it can be said that it is impossible to stop ICO scam.
but actually this can be minimized if the ICO-making regulations are tightened so that fraudsters will have difficulty making ICO.

Alpinat

sr. member

Activity: 840

Merit: 252

If this project really happen for sure there are many people that is still investing in ICO right now. Stopping such a scam ICO is a little impossible I guess because for sure the people or scammer that builts that scam project will do everything just to publish their scam ICO.

dabenko

member

Activity: 280

Merit: 11

For the fact that we have seen so many IEOs succeed, does not mean that investors cannot be scammed. We have to be careful when participating in IEOs as well, because there are some newly lunched exchanges, that are out there in the crypto psace, looking for investors to scam. Most of them have fake volumes, so they lure traders and investors with their fake volume and trading bots.

pungopete468

hero member

Activity: 1470

Merit: 504

Quote from: ?? on ??

At this time, Iico has already caused a lot of losses to many people and investors' trust in ico itself has been left behind a lot. The IEO as a substitute now has many advantages and attracts the attractiveness of investors to invest

But I also saw from several people who followed the IEO and ended up losing again. Will it be the same as ICO for investors?

they did not get it but did not get a loss because they did not get a share of the sale. and in my opinion this is a natural thing than we compare with ico, which at the moment is very detrimental to many people.

trudovik

member

Activity: 546

Merit: 10

I don’t understand how to treat this correctly, because I don’t see ways that would really help us to make this world cleaner and better. I see that now there are opportunities for this, but the only thing I can say is probably KYC for developers

19Nov16

sr. member

Activity: 1722

Merit: 252

Quote from: Odetolala on April 26, 2019, 02:38:32 PM

Scams are difficult if not impossible to stop entirely, but it can at least be curtailed to a very large extent, SEC and other related bodies just have to be more strict in tracking down people in anyway involved with scam projects

There are always opportunities for scam, this is what makes investors and we have to be vigilant, too many projects that promise big profits, but if it doesn't make sense then that is a sign of a scam.

Tomcolor

member

Activity: 665

Merit: 10

SOL.BIOKRIPT.COM

This is most important think scam ico is the real problems in the crypto market. For scam ico, many investors have lost their money and are still missing. At this time a lot of investor lost only for scam ico. So finding out scam ico and extracting these from the crypto market is indispensable.

Odetolala

jr. member

Activity: 48

Merit: 1

Scams are difficult if not impossible to stop entirely, but it can at least be curtailed to a very large extent, SEC and other related bodies just have to be more strict in tracking down people in anyway involved with scam projects

makerst

sr. member

Activity: 728

Merit: 252

The most important thing that you can do now is find the opportunity to do it. It is the opportunity that should show us with you how to do it correctly and what exactly today cryptocurrency investment can give us. This is our life in cryptocurrency!

Astvile

sr. member

Activity: 1484

Merit: 276

Someone wanna stop scam icos using an ico too,interesting move my friend how are you going to do it?How are we gonna be sure that youre not one of them,fighting them is easy to say but standing on your words is hard

jjjfff

copper member

Activity: 182

Merit: 18

Crypto.BI

Quote from: De_nis on April 25, 2019, 03:21:52 PM

but it need to be official company, which will regulate all ICOs

So we built a fully decentralized wonder of finance just to centralize it back into one regulator's control? I don't think so.

De_nis

full member

Activity: 560

Merit: 109

it is interesting idea, for sure community needs some desicion to stop scam, but it need to be official company, which will regulate all ICOs

unbotak

full member

Activity: 686

Merit: 100

Quote from: TrevorS on April 25, 2019, 02:52:30 PM

I think that identifying scams should be the primary task for anyone who chooses to contact ICO. There are too many ICOs on the market, too much scam, too many bad projects, therefore it is better to invest in IOE.

for now I also prefer to invest in the IEO because it has more potential to benefit compared to ICO because currently most ICOs are fraudulent or fail.
and our duty is to help spread the deceptive ICO so that people will get to know the problematic ICO.

Topic: Stop SCAM in the ICO market (Read 14266 times)