Topic: What is the problem of trust in projects? - page 16. (Read 4206 times)

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

usually the problems that occur in some projects are the tokens they have not sold until at least the softcap and a lot of bad news that makes the project's condition fail, and the most important thing is the response from their excellent team must be considered.

There are special rating tables that help evaluate projects and trust them.
Person with a lot of experience will easily identify the scam project...

if you lost your bitcoin as if you have the opportunity to bring you poverty

The new platform is able to be made on the ETH core with a smart contract and this is impossible to remove because it is the same as changing the ETH itself. Those who need to be careful are investors, they must be smarter to see ICO and new projects in full.

That's why I also think that ICO's should be regulated by the government with lots of paperwork before getting approved for capital gathering. That way, there is some protection for the investors just in case the devs plans to runaway with the money. Or maybe use legit escrow for the investments

    And what they complaining about really? Cause they are not already rich? This is not a casino, this is not placing bets and going home in few minutes
with full pockets.
   Problems with trust exist longer than crypto-currencies. Do you have trust in your government? Or your banking system? Do you have trust in all the
people you are surrounded with? I kinda believe more in technology to do the work than some people.
   Trust comes after a lot of time proving yourself. After many hard years where someone stand firm in what they said. If you trust in something after a
day you will be disappointed many times. Test it, check it, test it again and than decide to trust or not!

A lot of people are now complaining because the market price is very low and there are no any good projects are coming. Bounty hunters are waiting too long for them to recieve their rewards that is why a lot of people are now quitting in participating in bounty campaigns.

One of the problem of trusting a project is when that particular is not get into exchange on time.

About an ICO if you will give your trust it's your choice but your are not allow to disscuss of ask to stop ICO because most of the bussiness in this cryto currency ICO is the reason why they are famous. Most of the people here join first an ICO as their starting invest and learning more as a begginer.

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 think, there should be an implementation of improvement with regards to ICO, since if we remove this there would be a limited number of projects to be release to people who wants to earn and I am including to that, since investments and other way to earn here demands enough time and money which I cannot fund these day since I am just a student, but overall I hate scammed projects since I already assume I can get profit but then they left already.

I think ico is necessary and it the best way to fund money to make a new startup, its true so many scam from ico and thats the reasons why we need a proper regulations that can help development of cryptocurrency and also protecting the investors from scam.