Topic: The solution is just there - page 2. (Read 318 times)
Problems in the decentralized field are always difficult to control, no matter how much we try to make things good, there are always spoilers. Greed in nature has created many problems, but the main problem is that each person has the ability to judge everything, so always judge yourself before judging and blaming others.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
I really like that whole Defi sector of the cryptospace, where you can list, trade, stake and farm your tokens without the need of a listing on a centralized exchange, that are always asking for a listing fee. In the past a lot of good and promising projects have died just because they could not afford to get listed on a good exchange. Those times are over now with uniswap, pancakeswap and so on.
There is also a downside to that development of course. Everyone can now create a new meme coin with literally zero effort and list it on a swap. That is the reason why we have so many sh*t-coins now that are also listed on coinmarketcap and coingecko.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers,
This may help us to prevent the scammers to list their tokens on CMC to get more awareness but when it was about scammer only listed his shit token on the dex and this is become another problem as well. CMC has millions of traffic and i do believe when CMC will be using this idea and scammers will never try to apply to be listed on CMC again. CMC can at least save thousands of people from the scammers from doing shit to fool people. yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
They have not yet asked about this criteria for the new project. So many scammers and this is become a common thing right now but i do believe CMC is not blind. They know about this but they wanna do nothing for this. At least give a tag for a project that already verified through KYC
bitcointalk forum we can also see it on ANN. from there we can review the project before participating. for me it's a first step available on this forum. the affairs of a crypto project will end in a scam, I think that's out of reach. scam or not, depending on the intention.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
Yes, even if both sites are verifying before they list a new project, that will not stop scammers from scamming people, especially the investors who joined them.It is difficult to stop scammers because they are smart enough to trick their investors and pretend that their project is good to profit.
Our responsibility is to research from coinmarketcap and coingecko or other websites to avoid scammers.
We can only use the data from both sites but the rest will be up to us to determine which coins will be profitable.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
It is their platform and they have the right to ask the project team for their identity verification. If the project doesn't want to verify themselves, then they can go somewhere else and get listed. But just verification won't stop scammers. As far as I know the squid game token was listed on Coinmarketcap. Didn't they verify the team before listing them? They still scammed their investor. Use your brains and stop feeding those scammers. They will eventually get tired and stop. But as long as people fall for those scams (some do on purpose with the hope of getting rich real quick), they will keep scamming people.
There's always a way for them to get away, thats why investors should be careful and be responsible. Many projects looks legit at first but it turned out as scam taking away the money of the people who trusted them.
We can avoid scam projects if we dig deeper and not be greedy to earn instantly.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
It is their platform and they have the right to ask the project team for their identity verification. If the project doesn't want to verify themselves, then they can go somewhere else and get listed. But just verification won't stop scammers. As far as I know the squid game token was listed on Coinmarketcap. Didn't they verify the team before listing them? They still scammed their investor. Use your brains and stop feeding those scammers. They will eventually get tired and stop. But as long as people fall for those scams (some do on purpose with the hope of getting rich real quick), they will keep scamming people.
I think they both do some kind of verification before they list any project and their platform The issue is basically crypto can be decentralized and you have no reason to dispute that and Mostly dyor is the best case and my advice is dont buy token or coin that have done like 100X except you are really sure about the project and the team and that is do your own research mate and act like is your funds
...Team of scammers will always hide their identity so its best to just invest to coins that ranked on top or just Bitcoin.
This is not always true. Most of the community doesn't trust anonymous teams nowadays so these scammers have to adjust as well. I've seen cases of doxxed teams running away after dumping tokens or a rug pull. They start of good with AMA sessions and all that makes them look trustworthy at first. ~
If you even look in Scam Accusation here in the forum, you can see scammers faking their own photos and identity through photoshop making it impossible for even Google Image Search Engine to search similar images of the fake one to find the original.It could lessen scams, but it won't stop it for sure. The exchange site that the coin is being traded at is also a thing.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
To some extent, it could have helped but like you already said they are just a review site where investors get certain information about a particular project, since we are talking about a decentralized space and this site are run mainly on seeking information purpose nothing more I don't think they can request that from the various dev team, especially now, if this was something that was there from the beginning that would be different,
Although assuming it has been in the picture from the beginning it would really have saved many from falling into the hands of scam projects, at least reduced the possibility to a greater extent, even though some fully vetted projects still end up rug pull on their investors.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
coinmarketcap and coingecko cannot do the verification for you. Although this two exchanges have their criteria for listing coins but its definitely not based on future turnout this is why you don't just invest in a coin because it is listed on coinmarketcap nor coingecko do your own research and save the chances of losses even though losses is part of the business and scammers are everywhere doing all they can to promote their coin when the know too well it would fail sometime in the future I don't think that is enough to stop scammers, first they can submit fake team verification and they don't have the right to ask that since they are not listing site it is much suitable for exchange site but most of the scam projects can be traded to decentralized platform. I think the one that should have the right to ask for verification is not coingecko but the one that list those coins.
ya.ya.yo!
Fake team KYC ? Ask binance exchange their way of verification is different, it's video KYC verification not just submitting passport or identity card, KYC verification have Improved massively compare to past KYC idea. ya.ya.yo!
There are several coins in the market that is still not listed on both places still surviving but I don't think these platform will follow these criteria. It's an investor's duty to do proper research before investing in any coin but your idea is quite good.
It's easy to filter the scam project through KYC implementation so what about coinmarketcap and coingecko? have they ever tried to implement this before? these days there so many service to be used by the team that runs the project to do KYC for their investors. I think that this is the best way to decrease the scam project. So manys cam project appeared in daily basis. this creates so many fear around the crypto market.
Coinmarketcap and coingecko will not do that. I guess if this will be implemented and then less shit tokens will come to the coinmarketcap and coingecko but this is just our speculation.
coinmarketcap can do this since a a few years ago but why this thing has not yet implemented.
Coinmarketcap and coingecko will not do that. I guess if this will be implemented and then less shit tokens will come to the coinmarketcap and coingecko but this is just our speculation.
coinmarketcap can do this since a a few years ago but why this thing has not yet implemented.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
There are many crypto projects that have anonymous founders and team. If you really want to participate in a new project with a known team, you can look for them in audit websites like certik and rogdoc. Though a know team is less likely to pull a scam, a team won't guarantee a success either. There would be less rugpull and vanishing with ICO funds but there could be other ways to scam.
indeed one way to overcome fraud because both platforms really need us to look at coin criteria such as price and also the team in it..
for now you need to be careful because there are so many scams that use any means to gain profit.
for now you need to be careful because there are so many scams that use any means to gain profit.
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers,
I do agree and this idea may help to reduce the possibility for the scam tokens to be listed on CMC and coingecko but remember that so many shit scam tokens can also ignore CMC and coingecko. Remember that CMC and coingecko will be only evaluating the tokens that already been asked to be listed on these sites. If you meant about tokens that didn't intend to list on CMC and coingecko and then both have no control over it.DYOR is a must. yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
They ask it but not for KYC. It seems like the team of CMC and coingecko are always listing any tokens that sent an application to them. I know that scam tokens are flooding the market right now. that's why this idea may help it but remember that bunch of new tokens applied to be listed on CMC and CG
If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
Crypto is somewhat of a "do it yourself" network, so waiting for CMC or coingecko to do something like that will more or less turn out fruitless, of course I get your idea and what you feel this is going to achieve, but they (the exchanges) are only doing their 'job' by listing coins, and thus it then becomes the duty of an investor to do his research on the coins before investing, that's why in crypto we use the axiom: "Do your own research", I'm afraid if one waits for one third party service or the other to research for them, then you'll prolly get scammed many times.Having said that, many of this scammers are the ones 'producing' new coins every now and then, would it not be better if investors select only coins that are somewhat established, and even if they want to put money into new projects, then they must only invest only what they can afford to lose, so if the project actually turns out to be a scam, they'll only lose something very small.
scammers are actually human nature in my opinion, verification is useless but the nature and intention to deceive is in the soul,
but if the verification is done in a conference, I think the scamer can reduce the amount, why conference because the cmc can take the verification of the real face with the team data they include on the web
but if the verification is done in a conference, I think the scamer can reduce the amount, why conference because the cmc can take the verification of the real face with the team data they include on the web
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