Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mensha on August 08, 2018, 04:57:45 PM



Title: "Full-Stop" for Scam ICO Projects
Post by: mensha on August 08, 2018, 04:57:45 PM
Currently many new ICO projects are scam. They don’t even distributing the tokens. And this has become very pain point in the crypto market and this has directly impact to the crypto market capitalization. Is there any suggested mechanism to reduce this kind of activities in future like KYC process?


Title: Re: "Full-Stop" for Scam ICO Projects
Post by: IgorShumilo on August 08, 2018, 05:20:53 PM
The CSC process is a candy wrapper (dummy). On the Internet you can buy any documents, any country for a few dollars and all this is used. Look at the news, as a few crypto exchange markets, as a result of hacker attacks, lose their clients' data, or how ICO is hacked. It's sad, but I'm sure that my documents are already being used for registration in ICO!