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Topic: Stop SCAM in the ICO market - page 7. (Read 14266 times)

copper member
Activity: 504
Merit: 6
February 16, 2019, 01:45:30 PM
The guys didn’t cope with the realization of their idea, but they gave good hopes) It’s a pity that another worthy project didn’t show itself well enough. I hope that a similar project will emerge on the market that can at least partially solve the problem of fraud in the ICO field.
copper member
Activity: 224
Merit: 0
February 16, 2019, 12:27:01 PM
I am trying to invest in projects that have already reached their soft cap or do not have any soft cap. Moreover I am searching for projects that already have a working product before the token sale started.
full member
Activity: 560
Merit: 101
Migranet ITO
February 16, 2019, 11:32:29 AM
The only way to minimize scams in ICO market is community survaillance. No regulator otherwise it becomes an STO or some stupid similar thing.
full member
Activity: 588
Merit: 100
February 16, 2019, 11:27:40 AM
Can you suggest specific actions? I can not do this today, the thing is that today there are a very large number of people who really want to deceive other people. We need to implement new social engineering algorithms.
sr. member
Activity: 1988
Merit: 275
February 14, 2019, 06:47:18 PM
it's high time to do it, to be honest I don't understand how it can be implemented, but if you already understand that it will really work, I hope that you will succeed . I will participate in your project and help with all kinds of activities, such projects should live as they really prevent fraudulent activities.

Also, hard to implement such kind of strategy because there will always be gullible users that are attracted with good promises even they have the doubt that it might be a scam one. They continue to invest even with that hint of doubt because they are thinking that they can get rich out of it.
sr. member
Activity: 756
Merit: 259
February 14, 2019, 06:43:28 PM
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!

That is already what most projects are doing. However, a lot of things depends on the community, no community, no projects. The projects need that investors would not be silent, but would be active and spreading the word around.
Currently, contributors see that everything is dropping and no motivation for any activity.
Sometimes, project does not want to become scam, but they simply run out of money, as they been greedy and did not fix anything to the fiat. However, there are still many fake projects, which just do want to gather money and run away.
member
Activity: 504
Merit: 10
February 14, 2019, 06:34:54 PM
it's high time to do it, to be honest I don't understand how it can be implemented, but if you already understand that it will really work, I hope that you will succeed . I will participate in your project and help with all kinds of activities, such projects should live as they really prevent fraudulent activities.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
February 14, 2019, 06:25:10 PM
Is this possible to stop those scammers on ICO market? I thinks it is not easy to detect those scammers because almost 60% was scammers right now so that is why its hard find out the legit and it is not easy to trust on the ICO. Hope that your project will help those investor to stop the scammers.
Just try to apply the verification process to the ico issuer and that will have fixed all of the problems with the scam developers. Remember about most of these scammer will not to do that to reveal their identity that means we can get real developers from this method.
member
Activity: 434
Merit: 38
February 14, 2019, 06:07:50 PM
Everything that can help to avoid scams is welcomed in the crypto space right now in my opinion. Too many scams have affected the trust in ICOs in general... So anything that can help to identify good projects is good.
sr. member
Activity: 552
Merit: 250
February 14, 2019, 05:45:34 PM
Is this possible to stop those scammers on ICO market? I thinks it is not easy to detect those scammers because almost 60% was scammers right now so that is why its hard find out the legit and it is not easy to trust on the ICO. Hope that your project will help those investor to stop the scammers.
jr. member
Activity: 156
Merit: 2
February 14, 2019, 05:06:56 PM
Is not that easy to stop scam ICO we can only reduce the number of scam ICO,  because scammers know much about cryptocurrency. The moment you detect them , they will develop another strategy .
jr. member
Activity: 402
Merit: 4
February 14, 2019, 04:56:08 PM
Scam in the crypto world is a matter of great concern as it is the major controversy surrounding ICO projects right now. There is a great need to attend to this issues right about now, unless the scam issue will continue to chase away investors in cryptocurrency.  A lot of investors have lost huge amount of money investing in scam projects and these therefore make seem to other investors willing to invest too to see crypto as a waste of time. In as much as in yhe believe on the system, negativity about the system might cause it not to grow further.
jr. member
Activity: 448
Merit: 5
February 12, 2019, 11:03:19 AM
We can not prevent the scams of ICO but we can avoid it if we examine an ICO most of the ICOs are a good offer but often the crooks or scammers. Let's make sure we are investing and not scam, there are many ways to be sure whether or not it's a scam.
jr. member
Activity: 249
Merit: 1
February 12, 2019, 08:49:56 AM
#99
With all my desire to reduce fraud, it seems to me that this will not have any success!
hero member
Activity: 924
Merit: 500
February 12, 2019, 08:49:43 AM
#98
You can't fight with scam ICOs, they abuse the power of decentralized and free market Sad.
But, do not stop, maybe you can reduce at least the number of scams.
full member
Activity: 560
Merit: 100
February 12, 2019, 08:40:59 AM
#97
Do you know how to really help the market? I for example find it hard to understand how to do this, because now I see that a very large number of projects actually have signs of scam projects. It is a fact.
jr. member
Activity: 434
Merit: 1
February 11, 2019, 08:11:31 AM
#96
Actually it looks like an advertisement for a regular project, which at the end turns out to be an ordinary scam!
member
Activity: 102
Merit: 13
February 11, 2019, 07:56:38 AM
#95
I posted on this thread a while ago and mentioned that 90% of ICOs seem like a scam, then others even indicate that the 99% of projects are scam.

Here are some facts. Based on a real research that analysed the 1000+ discontinued projects their conclusion was this: While the vast majority of projects do never get completed, only 20% of projects are actually fraudulent. This number is of course still to high. But it is noteworthy that most projects at least start with the intention to create something.
full member
Activity: 798
Merit: 100
November 19, 2018, 01:23:50 AM
#94
stopping at the ico market is a difficult job, but if the ico team can be compact I think it can make ico a success. now there are many events if ico scam occurs because of internal factors in the company so if the team is willing to work hard I think it is a good step to achieving success ico.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
November 19, 2018, 01:11:28 AM
#93
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!
can this method be effective and stop the scam in the ICO market? if it is true it will be very good and very useful, but if you see it now there are a lot of good ICO projects, and it is difficult to distinguish it from a good ICO project.
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