Topic: What is the problem of trust in projects? - page 25. (Read 4214 times)
Yes I agree that there are many scammed project in ICO, but we also need ICO, some ICO got a good potential and can be big things in the future, somehow ICO need strict regulation unfortunately this is decentralized world so we can't do anything, we just need to be careful and look for any aspect to find a legit information before we enter to invest ICO, and I realized people now got a very thin of trust when they heard ICO
There is no way to stop those scam ICOs because anyone create their own ICOs if they want so we need to be careful on what we are investing.Many scam projects can be identified even with little research but some is impossible to find because they have a the appropriate details but their aim is to steal money.
Yes im so worried there is problem in projects that some projects will not be completed if they made thats the reason people lucky of trust.
I have read your valuable comments. I lost 66% in one project, although I'm not very selective. I follow many ICO stocks at least 100% loss when it comes out. why are we the invest? The ICO that we entered for profit is all harming. which token from the stock market for the last 3 months earned money?
Absolutely I agree. It's all gone now. It is not clear which project will work. Where your hand is, it is there, unfortunately. Even if you're looking for projects, they can stay halfway.
That is very true. at present, many ico programs are hard to believe because the company has no credibility to convince investors and coins can not survive in the market. so, at this time many ico are failing to be released in coin market because of the difficulty of competing and getting investors. so you should choose a company that has good ability and credibility to join in an ico.
No one is forcing you to do what you don't like. Do the business that brings you income.
we are not in a position to stop them. although I honestly agree with you, but the fact there are still many good ICO, so there are still many who are interested. I also experienced the same thing with those who feel cheated. but I chose to learn better in choosing ICO. I still see there is hope there. so I will go with the flow.
When i invest my time on a project and at the end they pay back nothing is always disguising to me and is my most annoying time.
That's true, I can't actually imagine the times that you have to forget to sleep just to commit in their requirements and for me its not easy to wait for months just to work for them without getting paid, and it actually ruined the reputation in bounties, they promise something they couldn't meet. I think that it is not surprising that there is no trust in ico projects because today there are so many scams that it is difficult to define whether it is the right one or not the one you should trust
We all here in crypto community is not ignorant about the rampant spreading of scammers in the market since then they already exist but as of today theh are rapidly increasing in any form of projects. It was just sad to hear that why many people are doing such unlikely action. They dont have the conscience to do does things. We can't blame people around this community to suspect or not to give them full trust to projects that launched in the market. I hope this issues will be fix and will be able to eliminate the scammers. I know this is not an easy job but I still hoping the best for this issues. 
There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
You will no longer be able to remove ICO's from crypto world, but you can lessen the risk from choosing the best ICO by just making a lot of research about the project that you want to invest in, through reviewing of their whitepaper and identifying the members behind the team if they are not fabricated only.
I think that it is not surprising that there is no trust in ico projects because today there are so many scams that it is difficult to define whether it is the right one or not the one you should trust
For sure we just need strict regulations of ICOs and strict KYC proccess (for project managers and team of development I mean) can help nip the scam to the bud
Trust is the foundation for all relationships within a project. Without a minimum level of trust, communication breaks down, and eventually the project suffers in the form of costs increasing and schedules slipping. Often, when reviewing a project where the performance problems have captured the attention of upper management, the evidence of problems is the increase in project costs and the slippage in the project schedule. The underlying cause is usually blamed on communication breakdown. With deeper investigation, the communication breakdown is associated with a breakdown in trust.
There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
I think ICO is very good because in the presence of ICO can prove that who knows cryptocurrency is very much and there is that can develop cryptocurrency so that can give project very good and useful for society, and which most often become the main obstacle of a project is source of fund need fund very much. nothing will stop the development of the world and cryptocurrency technology will always evolve.
There is nothing that can be done literally no matter how much you regulate it , it's in the hands of users .
Even recently the Chinese government detected 421 fake cryptocurrencies
https://www.google.co.in/amp/s/cointelegraph.com/news/chinese-govt-study-detects-421-fake-cryptos-outlines-key-features-of-fraud/amp
Also remember this most of the fake ones aren't usually caught.
Even recently the Chinese government detected 421 fake cryptocurrencies
https://www.google.co.in/amp/s/cointelegraph.com/news/chinese-govt-study-detects-421-fake-cryptos-outlines-key-features-of-fraud/amp
Also remember this most of the fake ones aren't usually caught.
Execute a building construction project is certainly not an easy thing. Moreover, coupled with the trust that has been given from the client. The project manager must set the strategy in project execution to achieve maximum profit without reducing the quality of the building to be worked on.
I think now it's hard to find a really good project and not a scam. Somehow many people are trying to create a project but not really serious to run it so it failed in the middle of the road and then make the project a scam. And many people are just looking for profits from illegal acts like making a scam project. Actually if this continues to happen more and more people are negative about the world of cryptocurrency and can hinder the development of coins or other projects that really serious and have a good future.
I think the problem is not only about ICOs, ICO scammers have no fear, they can create a company and run away after raising money in ico, why that is so easy is because of that people invest in ICOs very easily.
Right scammers were everywhere,every projects they make is like legit that investors would believe and invest.They ran away investors money,but investors doesn't even have an idea of what will be the outcome of the project and their investments.So sad that this would happening maybe its inevitible that this things will happen. 
There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
I think they have a trust issue because they scammed at first or.previously project or ICO. Them those project and token are stock in coin markets and exchangers so they dont trust easily I think they should have a great.project and great whitepapers 1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
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