Topic: What is the problem of trust in projects? - page 15. (Read 4214 times)

I think from now on there must be clear rules for the ICO and there are institutions that oversee the project, if you want to do an ICO so that it will minimize ICO fraud, investors must conduct in-depth research before investing.

so, stop to join in ico. its not ico's problem, but its people problem that join in ico. you can make scam project if you want to earn some coin. i never join in ico, im just participant in their campaign, and we know that the price will got lower when they put on exchanger. and exchanger do what they do, so nevermind if there are much of project in there.
all depend on yourself want to join or just silent.

We talk about the project and we follow bounty campaign, then that will often we encounter is a problem about the distribution of tokens and also updates of the project. It often happens in the middle of a running project, when participants ask about it to the bounty manager but there is no answer.

Most of the projects now on the market are scam and there has been the issue of choosing between anti-scam and scam projects. I have been participating in numerous bounties and so sad to see them all scam.

I agree with you, we have to get rid of ICO because they are a problem area from this. I personally also don't really like this, I hope this will happen soon.

ICO is not the only people get scammed, there are other ways. You just have to be careful on what you choose and how much you’re investing in it. I believe there are  people who are very smart and are able to figure out which ICO is scam and which one is is not and as you’re complaining of scam, there are people still making money from it, and closing ICO means stopping their means of income.

I just think that the devs should find a way to make things easy for us by providing a way or a system that marks legit ICOs, making them easy to identify. There should be a process that every legit ICO must pass through and they should be checked.

i think we need ICOs, that is where the competition starts that somehow affects the price of bitcoin versus other coins and tokens, therefore, getting rid of ICOs are not recommended, the problem is dealing with the legit ones, but that is the risk, that is why it is called Initial Coin Offering, it is an investment thing. if there are no competition, monopoly comes in and that is not good for the market.

Stopping the icos is not the solution. Because icos are the way to develop blockchain technology and increase the popularity of blockchain systems. Investors should search more about the projects not to get scammed.

because i see many project did not have correlation with blockchain technology.they just make projects without any function and clear purpose.and unfortunately investor didnt understand it.

I agree with you, we have to get rid of ICO because they are a problem area from this. I personally also don't really like this, I hope this will happen soon.

But not all of the ICOs are scam. There are just unsuccessful ones. But it is true that there are lots of failed ICOs and scam I just hope this problem will be resolved.

Probably the transparency that the project brings to investors. In order to believe in the project, the production team must provide community and practical value.

why do you have to give up the ICO, what is to blame is those who commit fraud, they must be arrested.
the bounty manager should be more selective in promoting an ICO project

The time has come where these ICO gave effect to the market.
We have seen the bad side of those scam ICOs that did dumped their projects and sold their tokens.
And its only going to take a year/s and many of them will stop.

Some projectsseem to look much investing into and you might invest huge amount of money into those projects. At the end, you find yourself in a mess and you intend loosing entire trust in those projects.

The problem is, if that expert person gives in into corruption, which seems to be a common thing in ICOs. Even advisors in some project won't mind even if they endorse as scam as long as they get paid in the process. This is why it is important to DYOR and never trust some "expert" in this space.

The problem of trust projects is the loyalty of people who are involved in the said projects and those people who declined to vulgar the truth about the project .

I might want to give a case. Suppose you join 10 ico in multi month on the off chance that you are rich. To some degree in hurt. be that as it may, in the event that somebody turns out trick when you join 2 or 3 iico. there is no other caren with the exception of imploring. also, Now, regardless, there are some great promising ICO tasks and this movement is justified, despite all the trouble, if even a little piece of these activities are effective. I feel that today all speculators know about the instances of various cheats in ICO ventures and that such speculation is a major hazard. Presently speculators should be extremely mindful about putting resources into ICO, given that numerous ventures are false. No one influences them to put resources into ICO, it's their own decision.

Sooner rather than later, states should start to manage the exercises of the ICO with a specific end goal to make it more straightforward and secure the privileges of speculators. This has just been expressed in France, Russia, Japan, Australia. Along these lines it is important to tackle this issue with extortion. Disallowing the most effortless. A portion of the discharged tokens are exceptionally valuable for the general public and along these lines this action merits a proceeded with presence.

Not all ICO's are scam. It is not the best way to stop scammers in what they are doing. We just have to be more careful and always do a background check. I believe that there are more legit ICO's in the crypto World. However, I hope that someday there will be standard Rules in every ICO that needs to be met.to check if the ICO is legit or not.

Perfect catch thre mate,but theres no need to total stop the ICO project all we have to do is to create an ICO monitoring team that will only focus on the project development in crypto,because most of the developers of this scamming project is same persons that has been around for quite along