Topic: Stop SCAM in the ICO market - page 9. (Read 14266 times)
We really have to find a way to curb the menace of scam coins in the market or in the end we are going to be the ones who end up regretting not doing anything about it earlier. There has to be regulations and if there are a good number of strict rules to follow before putting icos in the market then a lot of people would be discouraged from putting scam icos out
yes. indeed it must be stopped, because they don't want to think about the help of the bounty hunters ... this is very regrettable when we think about it successfully it turns out the project is a scam
A good concept and I support it constantly, because I did not create such a thing (MvP).
Hopefully the concept that you created can delete SCAM in the cryptocurrency world.
Hopefully the concept that you created can delete SCAM in the cryptocurrency world.
It could be the best event that could be at all on the cryptomarket. I will support each projects that will beat with scam, but I hope that they will not be scams as well.
Stopping will be very hard to be done. The amount of scams is growing only and it is very bad for investors and in the following case for the cryptomarket.
I think it is getting far worse, I read that less than 10% of ICOs are ever getting listed on exchanges. That means they other 90% are likely scams. Some of them might have trouble getting listed on proper exchanges, but you can always list at decentralized exchanges for free.
The fact is that because of the large number of scammers on the ico market, many investors do not want to invest their money. They choose Another way and buy coins on stock exchanges. But this affects the development of the project And therefore, such coins do not fall on the stock exchange.
I think it is getting far worse, I read that less than 10% of ICOs are ever getting listed on exchanges. That means they other 90% are likely scams. Some of them might have trouble getting listed on proper exchanges, but you can always list at decentralized exchanges for free.
I think this is a very good idea and proper concepts to handle fraudulent icos
But all depends on if this program is not a scam itself
Else, we can get scammed trying to support a project that claims to stop or prevent scams
Give us more information about the project
Thanks
But all depends on if this program is not a scam itself
Else, we can get scammed trying to support a project that claims to stop or prevent scams
Give us more information about the project
Thanks
I think this is a good idea to identify scam projects in early stage. There is a need for regulations as well for ICOs
to regain trust and for investments to be more safe from being scammed.
to regain trust and for investments to be more safe from being scammed.
i dont know how will you do it but im sure this will be a great help for every investors, those scammers are one of the things that contribute false info and negative trust ratings so investors are afraid to venture in crypto.
I think that in the future there will be a lot less of scams, they are already getting less now - and it can be seen. Most of the scams appeared during the HYIP, many unexperienced people went into the market and invested almost without learning, but even the obvious scams managed to collect not small money then.
the main thing is that people become smarter, and not scatter their money. before investing you need to carefully study the project.
the main thing is that people become smarter, and not scatter their money. before investing you need to carefully study the project.
It's difficult to stop this ICO scam as we don't have regulations from the government that will punish those scammers and to scrutinize them before doing a crowd sale. Only ourselves can help us from not being a victim of those scammers by doing a diligent research on those project before putting our hard earn money. If all investors are good enough to check those ICOs then those scammers will not waste their time to make a fake project as no one will buy on their trap.
Yes, you are right. That is why we are going to unite the forces of individual investors into a big, powerfull and professional system.
It's difficult to stop this ICO scam as we don't have regulations from the government that will punish those scammers and to scrutinize them before doing a crowd sale. Only ourselves can help us from not being a victim of those scammers by doing a diligent research on those project before putting our hard earn money. If all investors are good enough to check those ICOs then those scammers will not waste their time to make a fake project as no one will buy on their trap.
Yes, you are right. That is why we are going to unite the forces of individual investors into a big, powerfull and professional system.
This cannot be stopped this way. Just telling people to stop scamming others will not take all of these away. These people are aware of what they are doing, and they know it it is wrong, and are aware of the harm that it is causing the industry, but they really do not give a damn. If possible something should be done by top players in the system to control or stop these scammers.
Now is the time to not even look at the projects who are a potential scam. Even investing in highly rated ICOs which have a sizable following is much riskier than last year for example. Just stay away from the ICO scene for now if you dont want to get burned.
It's difficult to stop this ICO scam as we don't have regulations from the government that will punish those scammers and to scrutinize them before doing a crowd sale. Only ourselves can help us from not being a victim of those scammers by doing a diligent research on those project before putting our hard earn money. If all investors are good enough to check those ICOs then those scammers will not waste their time to make a fake project as no one will buy on their trap.
Such a project will be interesting to many, but of course if the project itself is not a Scam. But you have to find fraudulent projects before someone starts investing in them. I think that even if your project will work perfectly, it still will not give a 100 percent guarantee that the ICO in which, for example, I invested, will not be a fraud.
Fighting fraud is not the problem in today's market and perhaps the idea is being discussed in a simple and less comprehensive way. Either way the big problem is the ease that is found in the platforms of contracts or systems of intelligent contracts. Let's not deny that this has revolutionized the market and there are several positives that now add or can add in the near future. However the system is liberal enabling any company, team or person to create their project and publicize. Overall the project seems interesting, with social exposure people can share opinions and come to a conclusion.
General idea of the project sounds very good and relevant. Now it is quite difficult to decide whether a fraudulent project is or not. But how in reality will such a platform work?
This is step in the right ditection.
There are so many project icos whose main target is to fleece unsuspecting investors of their hard earned money.
The time to stop them is now.
Yeah! It is really some interesting step at least after the OP updated to shed more light on the whole project idea. The fact is scam is really one of the serious things to deal with in this space and most of the time, whether we like it or not, we will always have to see new and gullible investors who are never ready to do proper diligence on their own. There are so many project icos whose main target is to fleece unsuspecting investors of their hard earned money.
The time to stop them is now.
As long as it is helping the community in this regard and for some of the other features the OP mentioned, I believe it is going to go a long way if executed properly.
Thank you for your support. May be do you have more question about our platform?
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