Topic: What is the problem of trust in projects? - page 13. (Read 4214 times)

How the project could trust by investor is always on time about when they are listing coin at the exchange market, we have running well done based on how road map have created by their ico team, without based on their promise maybe many investor will left their ico project.

I see what you mean. There are alot of ICOs to choose from and not mich developments to the old ones like BTC or ETH. But i guess ICOs can help the market by buulding competition. Besides, not all ICOs survive. I mean others just becomes crap coins or not even survive being a coin at all. Let's focus on development of the old coins.

There are too many new projects nowadays and that makes it very difficult for investors to choose projects for investment. Many of these projects were created for scam purposes, which is why the ICO projects in this period received little attention from investors.

All of the above is have a point but many thing will be consider in any aspect mostly the projects of ICO. Many projects have a good concept and I think it's our choice to find a good one. That's why we need to study and search it deeply the project before we participate.

I thought you guys knew this, Coinschedule has been verifying each ICO for some time, doing KYC on all team members, checking company documentation, interviewing the CEOs... check this video that explains the system: https://www.youtube.com/watch?v=GuT7VK7r0ZA&t=15s

There isn't a lot of due diligence in terms of team and process. The majority of review websites are paid to give the best points. Most investors or enthusiasts are more interested in the name than what it can do because frankly its not ready to be placed into every individuals pocket tomorrow.
Crypto as a whole. The teams are thought to be CEO of a ship that might be sinking, and we have seen project after project pump and dump or abandon ship. Some even moving onto their 6th project. Teams are trying more and more to find like minded schemers, parting man from coin, rather than changing an environment thats not needing their solution for more than a week.  No one commits to their projects because of how this will inevitably go. Everyone will use ONE or TWO products for so much of the money being raised that I don't understand how so many projects missed the boat in concept stage. When multinational conglomerates stay they are working on secretive blockchain projects while the richest in the world are stating it is not what you think, there is a real façade of how this is going to play out.
 All things hinge on Crypto Exchange Traded Funds, and then smart money will come in and fund what needs to happen in a regulated environment. Mass Adoption might as well be considered stalled for the first world countries. Thats how I see it anyway. A few infrastructures have to get through, but other than that, this is startup exuberance leading. Love the atmosphere, though its getting a bit old pushing all this niche sector stuff thats going to raise one million dollars and get walked on by a major in a day.

People who makes projects just to outwit everyone are the one to be blame but how can we detect or know that is scammed or not. Read and learn first the ICO project before joining on it. Removing ICO project may not be the solution because there are some ICO that return your rewards after you work hard for it. Just be wise and careful before joining.

Whenever there is demand, there is also supply. Therefore, despite the fact that there are many scam projects, they still appear, as there are always people who are willing to invest their money in untested projects. I don't agree that all ICOs should be banned, as there are a large number of good projects. I believe that they need to tighten the rules, and potential investors to be more careful in their choice.

I would firmly aggree with you but it does not conclude finally to closing of the ICO projects as they are backed up by blockchain and the countabke projects which are potential really can give huge benefits to the investors. Investing into such project is really a better experience and also i have much of my funds invested into such potential projects.

ICO standa for Initial Coin Offering where the investors can purchase the tokens(shares) for the firm before the launching of their platform so that they could have a balanced profits from the shares of the firm. This gives investors the ability to earn a better income and also i gives the firm an opportunity to be financially backed up with easy transactions with blockchain.

That`s way too radical. There are a lot of promising and reliable projects among ICO, removing them would be a loss. It`s better to increase people`s awareness that some of ICO projects can be scam and that they should be more careful when choosing what to invest to.

The problem is that now there are a lot of projects that soon close their projects , and do not pay the award to the people who work for them.

First point:
Sorry if ico has been deleted, what is the fate of ico already running?

Second point:
All depends on the price of bitcoin, if the price of bitcoin rises, then the price of ico will increase, if the price of bitcoin falls, the price of ico also falls.
so they develop projects based on market prices.

Third point:
If they take part in the ico project, of course they have to reach hardcap, they can sell tokens, depending on hardcap.

Fourth point:
Perhaps the best thing to stop is the latest ico, because many of the latest ico have caused fraud.

So many ico projects and not all are good projects, and some can be scam projects. But to stop the ico project is not a way out to overcome this problem. because the ico project is a way to develop blockchain technology and also make it more popular. And to avoid scams, investors must first check the project before investing.

Its a sad truth. Though there are really good and geniune projects conducting ICOs but because of investors’ experiences from other scam ICOs the real ones are also stained and affected. Regulation is one good solution as many here suggested but the question here is, fraud maybe avoided but will it be as profitable to both investors and project owners as it was before the regulation?

Giving promise about listed the coin at greatest market after ico success and ended, but so far many ico have get success for coin selling but always delay for listing their coin on the exchange market, always give reason why they have delay for listing their coin.

There's a lot problem but in the main problem of trusting in a project is the we can avoid the scam project so you only to do is trust it. So I suggest don't trust to much because it will disappoint you, just only give 50% of your trust then if you see there's possibility it might success then you can it trust it 100%. Right now most project are become not successful and we cannot avoidthat even we know it has potential.

Since all projects are far from central authority, the problem of trust arises. because the state does not support the crypto money exchange. and no legal action. if the state guarantee was concerned, a more stable price index would have occurred. risk decreased. this would not be attractive to many investors.

Among the huge number of projects still appear very promising and useful coins, so I think that this is a bad idea. Cryptocurrencies are not regulated by anyone and that is why there are so many scams in this market. If ICO is removed, how will startups look for investors?

Feel pissed off when they give the exact date to finish but get delayed and i invest my money and time but at the end they cancel the project. Sometimes other people are not sure on what they talking so if you start a project you should always check and talk to them to be sure that they will not cancel your deal.

Instead of canceling ICOs, it would be better to create a new institution which test the newly created projects and give them a document about whether they are reputable or not. Because there are projects that may be useful for the history of mankind.