Bitcoin Forum

After lots of frustration , lots of loss , almost loosing hope now market is recovering . As a crypto community well wisher I am requesting Bitcointalk community as well as other crypto community to fight against Scam projects . So that people should not loose belief on Crypto .

Why i am saying this because ?? . We have seen lots of Scam projects ICO's in past in that lots of investors hard earned money gone . It was became exactly like .COM bubble lots of investors lost their money . These scammers took away this money from crypto space .

1) Now as a community we should not encourage ICO'S for time being . As if now there is enough projects funded in crypto space for next 100 years
2) We need investors who believe in new era of currency . Also needs to attract NEW investors . For that we have to keep Crypto Space Clean .
3) Crypto projects are necessary but we are having enough project for a time being . Community  has to understand this . Find a good project already in a place . Support that kind of projects . Which is giving real value to crypto space . Instead of investing in Scam project and getting into trap .

Finally we should keep away our Greedy mentality for sometime we should work together for long term vision of crypto currency .

Note : I know already some of community members really working hard to fight against Scam projects . I have huge respect for them . Now we should also give contribution .

The topic is not bitcoin related and focuses on ICO. But, just to answer it is really difficult  to stop developers/people from .aking scam projects. What we can do is to educate our selves and not be lazy and greedy when investing. A lot of investors are blinded by the potential money they could earn from ICO. Of people will just give time doing their research before investing, scam projects will get less support from the crypto community it self, thus giving a higher chance to legitimate project to gain more funds. Maybe this way, if people will just deligently review projects and stop investing and supporting scam ICOs the chance of people getting scammed thru this will lessen.

Yes i know it is bitcoin discusiion . I wanted to reach this message to mass . Most of the people in community definitely comes to bitcoin discussion atleast once . It is my thought i wanted to convey with my dearest community.

Good initiative op. Scams will always happen no matter what, but we can reduce these scams to a large extent by safeguarding our assets in the best ways possible and not investing in useless projects without doing any sort of proper research.

Unity you say? In the first place the ones who are fueling those shitty ICOs are people who want more money, they so greedy that it blinded them to the truth that there is no need to fund new ICO projects. Why couldn't they just focus on buying Bitcoin all alone and nothing more. If we say we are already too late to buy at low price then tell me something about the people who've bought at nearly 20k USD. There are only few projects now are legit and we can't barely recognize one. Buy bitcoin and hold it, it's that simple.

Team work is what the cryptocurrency community need to minimize scams but despite that scam will always be there and just like it is in the centralized financial system but it can only be reduced, the level of scams is high in the cryptocurrency market due to it decentralized nature and if there are forms of regulations it will help but that can not be achieve now.

yes many of investors lost hard earned money in scam projects , many projects with fancy website , whitepaper , and lots of lie

1)i would like to see is self moderated topics opptions should be delelted
2) dont invest until there is product dont belive in same old white paper , roadmap that is only for scamming 

The best thing that we can do against scam Ico is to be smart enough to know about every project's purpose.
We should be keen and observant upon joining an Ico.
Unity could help but awareness should begin within ourselves.
I know your intention but I hope that everyone could have the same thing in mind.

There are more users who keep themselves focused on identifying the scam projects and reporting to the community. There were threads where the list of identified scam projects were listed. However we get united it is hard to get rid of scams, somewhere through some source we get caught into the traps.

It is hard to know when will the ICO is a scam despite of the trust rating from every different ICO rating sites. As for the least scam ICOs, it should have a rating on at least 3 ICO rating sites. As I know they pay a specific amount for the ICO to be posted and rated. It shows a little sincerity that the ICO is willing to invest an amount for their ICO projects, but this is only one factor for its legitimacy. Since sometimes the ICO become scam on the during between the end, so it is really hard for people to identify it regardless on the finding the team legit (yes sometimes the team is legit and even had KYC approved) but once they become greed on the final moments of the ICO they could do on the money they collected anytime. I can't explain more factors but as for the better part, better choose the ICO participated wisely as possible since sometimes the ICO is good-looking at the start but in the end they have a shady schemes that could make the investors suffer.

I believe each people should inform themselves before investing in anything be it crypto or traditional investment venues. If you are investing blindly you open yourself to unnecessary risks that you can avoid by doing some own research.

Surely we should get unite against scam projects rather I suggest to have some forum like forexpeacearmy in forex where any crypto user can log his complaint and if any ICO or any project declared defaulter it should be published publicly on that forum. I invested money in one of famous project (not revealing name as of now)related to health app whose community is around 80K. First of all they did not credit tokens against my amount into my wallet and then after a long followup they credited the tokens purchased but again all my tokens disappeared and when I asked question on their telegram channel they just blocked me, I am trying to contact their admin but he is not answering. So such cases happens everywhere, we should have some common platform where we can raise our complaint.

And what does this have to do with Bitcoin exactly? Altcoin discussion would have been a better fit for this topic, since you mostly talk about ICOs.
No, we don't need to 'unite' against scam projects. I mean, how would you even do that?  You can't make the majority of people do the same thing in cases like this.

Just focus on yourself, stop investing in obvious scam projects, that's already enough IMO.

I agree that we should look out for scam and inform others about it. I think we are kind of already united in it, though. Bitcointalk has a trust system and a special board that is dedicated to discussions about scam and reputation.
ICOs are in the past already, IMO. People are not as hyped about them anymore. However, I think there is enough scepticism about such projects on the forum already, and it would be wrong to, say, condemn every ICO prior to having suspicions about a specific project.

And yeah, you probably should move this topic to Altcoin discussion. Reaching a wider audience might be not a good enough excuse to post it here.

First of all our community is already not encouraging shady ICOs. Promoting such kind of ICOs is a straight way to get tagged on this forum.

A good investor is investing his money not because he believes in something but because he would get his money back with some interest. Everyone who is investing in something just because he believes in it is just a retard.

And this is why there was no big ICOs for a pretty long time and coins of already existing coins are in deep shit. People are not going to invest in crypto related projects as much as they did before.

everything is good and dandy as long as we are only talking and there is no "big profit" to be made by the investors. but as soon as there is some hype and pump you can see everyone (including all those who agree here) will rush to join that pump and basically enable scammers to continue their scams!
why do you think ICOs became big in first place? why does the pump and dumps remain popular to this day?....
all of these are because people care more about making money in the market than they care about actually good projects!

Scam projects are recognized as a scam only after they scam their users.
How can you tell which project is scam and which one is legit from the beginning.
Yeah,I know that ICOs are shit and we should not buy ICO tokens,but you can't tell people what to do with their own money.

We can start by exposing them in their own ANN thread, But this is not an easy feat since it will require time and effort in researching every single project that being posted every hour in the Altcoin section alone. ICO ethics is doing a good job in exposing scammers in the ICO and Masternode industry.

I particularly like this topic, to be honest, i think some how bitcointalk is gradually turning to be the dumping ground for fake and scam projects, the fighting of scam project should start from the moment those project are about to create an Ann here in forum, there should be some certain criteria set by forum admins which will act as a process of vetting this project owners before they can post an Ann,

Because there are no such criteria it is very easy for scam project to post Ann and lure the innocent to fall victims, the forum is very vulnerable in this aspect, and it is very necessary for something to be done to curtail inflow of scam project in the forum, here is among the biggest if not the biggest btc community around, so there is need for proper redress.

The cryptocurrency market is too profitable. As long as people are making money, others will join and try to do the same thing, that's just how this market works.

The cryptosphere has been a complete disaster filled with countless garbage/scam coins for a very long time but that hasn't stopped new investors from jumping into the cryptobandwagon. Sure, a "cleaner" market will attract more people, but as of now, the crypto market isn't actually discouraging people from joining in, otherwise, we wouldn't be seeing all these financial institutions (Fidelity, Bakkt, TD Ameritrade, etc) getting ready to enter the cryptosphere.

ICOs and new cryptos will stop popping up when people realize there's no money to be made in the crypto market...When's that gonna happen? Probably never, so....

Manual approval before an ANN thread could be posted would probably do more harm than good. Let the community share their inputs and research about the project. If someone posted about a fake team it usually spread like wild fire same goes with plagiarized whitepaper.

Fighting scams should start from us and report it to the DT members so they can tag the thread start

Unfortunately, everyone has different interests in crypto, I mean that our goals are different from them very different. if someone has the same goal why there should be a sell order and for investors I think it will be better if it comes naturally

I agree that we should against the scam project, but stopping ICO is not the answer, everyone got the right to create ICO and make a perfect coin based on their criteria, and we dont have any right to stop developers or investors to stop contribute in crypto, we need to find a better solution rather than banning the project

A word unite is very easy to say but is very difficult to do as we have different goals here therefore uniting just to stop those scam projects is a good idea for me. But I am not sure whether other will care about this also as what I have said each and everyone of us have different goals why we are here.

Other will not care about those scam projects as long as they benefit from it and other will not care about those projects as long as they are not part of the investors that were scammed. The only people that will surely unite to your idea are those people who have been scammed and want a clean crypto projects to support on. But you cannot convince all, I am pretty sure of it.

Community first needs to understand Bitcointalk is worth search for to get known the newer ICO's and what their white paper plans are.
Aknowledge the owner if truly does what he wants for the ICO's future and if he's capable of.
If you see something fishy just turn your backs onto it and move into next on.

I think there are still a lot of ICOs out there that are not scam so we should be very careful in choosing those scam projects. If we will be united with the rest of the team then hopefully we will come up with reducing those scam projects and the ones to be remain are those thr legit ones.

There are already a move from ICOs to Initial Exchange Offering (IEO) - https://cryptopotato.com/what-is-an-initial-exchange-offering-ieo-and-how-it-differs-from-ico/ to help with this problem.

Anyone can launch a ICO and that includes scammers, but they will not get away with that, if they have to go through a regulated exchange to list their IEO. <It is not bullet proof, but it is less anonymous with all the KYC/AML requirements that are needed.>  ;)

People also report scams to sites dedicated to eradicate Crypto scams, like this --> https://www.badbitcoin.org/thebadlist/

The process of distribution of blockchain technologies cannot be stopped Of course, last year proved to be that more than 80% of projects were scam. But as they say, you need to learn from mistakes and improve. First of all, it is necessary to make it possible to educate people on cryptocurrency investments and development of the blockchain. And the more people will be engaged in the improvement of technology, the sooner there will be ways to legislatively regulate cryptocurrencies in the financial market

Distance learning is available to everyone. In addition, it is not necessary to study at the university. For example, every user can study in taklimakan, regardless of the country, since there is support for several languages. And you can immediately try to put into practice recommendations, thanks to trading and analytical tools

It is a good idea but it wouldn't really prevent anything don't you think that there aren't any people who thought of this?
I am sure that is the job of bounty platform to ensure that all of the bounty hunters are getting the trusted ICO's but look at them now,
Do you think that they did a great job?Did they prevent the scammers from scamming the bounty hunter or even the investors?
There is no way we could stop this scam project even if we want it so badly .

not all countries are ready to admit the obvious things that blockchain technology will be everywhere. Sometimes it is from a lack of understanding of processes, sometimes from a desire to control everything. But for me, cryptocurrency is a way to make people equal and will interact with developers to improve the issue of cryptographic protection for users.

I am not telling people what to buy or not with their own money but after huge crash we learned lesson that lots of scam ico projects raised money from crypto space and disappeared. That should not happen atleast fir time being we have to stop ico investments. That’s what my concern .

Badbitcoin.com I dint know before , I will also contribute by listing some of the scam project I witnessed in past as well I would like to contribute for future shady project . Thanks for information . I wanted to keep thread alive by getting this kind of information.

Written a lot. You are calling to combat fraud in ICO projects, but did not indicate at all what methods you propose to combat such fraud.
I think that the most effective method for combating fraud in ICO projects will be government regulation of ICO activities at the place of their registration. When the relevant government agencies verify the documents of each member of the ICO team, establish certain rules for collecting and deducting funds, then fraud is unlikely to be possible at all.

When everything is online nowadays and most ICO projects having a fake team with cheap UK Company registration it will be hard job for the government to step their game against these fake and scammy ICO's.

If you wan't regulated ICO's projects choose those project that is based in the US.

This forum has been giving lots of support to destroy project scam, you must seen on reputation board and you will find a thousand of scam project has been reported. I won't agree if you say bitcointalk community never give an affect to make investor meet a loss, also there are many threads which can use as a guidelines for investing on ICO project. This problem just came from investor itself, they are lazy to know the character legit project and scam project and also they are lazy to read some threads related to it, whilst this forum has provided it.

It would be hard for a normal participants to send reports to the authority, we want to fight but we dont have enough power to do it, first how many of the ICO are putting their own identity on their website if they want to scam people. Scam projects are also a scam people they dont put their own identity to it.

How can the community be united in the fight against scam projects, if every second person who is on this forum and engaged in cryptocurrency is concerned only about one thing - EARNING. In the field of finance, every man for himself, this is unfortunately true.

Yes, we should stop being greedy to make a safe and clean crypto place for the future. People are greedy so that they want to earn huge money only by investing in ICO projects after seeing a lot of scams! We need ICO projects but that doesn't mean we need to invest almost in every ICO! Personally, I invest only 2 or 3 ICOs in a year! If we stop supporting maximum ICO projects then scam will be very less in the crypto space! You can't sure about a scam project easily. Recently Joytoken and Repux both scam, but they looked very perfect crypto projects about one year ago! So, I think we need to move on to the IEO and STO than ICO. And I hope this thing may help to defend the scammers!

I already urge all my friends to stop investing in ICO because it's totally messed up, we do not need more duplicate projects and our scam busters have already caught so many of these scams ICO, let us just concentrate on what we already have now, there are a lot of new coins already in the market it's saturated.

One way or the other, we or other people close to us have been affected by scam projects. All because we did not know the bull red flags or we were not very observant with the signs of showing it is a scam project. Let us all join together to help expose all scam projects in order to save people the heart breaks that come with scam projects.

You are absolutely right, it's time to really get all these scam projects out of the crypto industry and the only way we can do this is to stick together in this fight. I think what we can do to help ourselves is to educate ourselves and get to know the schemes of these scammers. Let's not be greedy in our quest to invest because this is what they base on to lure people to investing into most scam projects.

The last thing is to do a good background check about any project before investing into it.

Crypto community is composed by thousands or millions of people, we can't expect everyone is going to endorse only legit projects. People need to understand it's part of every human societies and to not blame a community because there are scammers there.
Even the most advanced countries in the world have their issues and problematic people, but it doesn't make them smaller or weaker. I say the same about crypto currency. We can't cease scam projects, but we can't criticize crypto currency for this reason too.

Having this forum as biggest source of reliable information about cryptocurrency project,

DT members are doing their best to tagged out all the garbage projects from the legit ones, Even ICOEthics is doing a professional job in exposing scam.

We need to try rid ourselves as much as we can of scams. Most are obvious but they really just waste space and time. How great would it be if we knew we would always be paid?

With regards to DT members hopefully, this new trust system will help weed out the scammers and make them more apparent.

Scammers are already part of our cryptocurrency community there is a saying that "a criminal is a saint until he is giving the opportunity" so the only support we can give ourselves is knowing what's real and authentic and what's a scam. Learn from scam events of the past but up  an inquisitive character

A whole lot of bounty managers and crypto project ancillary services will know a project won't go anywhere yet they will advertise it and lure investors into making investment that won't materialize. If the whole community will be vigilant, then it should start from manager on this forum.

I agree on point number one people should stop investing in ICO we have seen so many lost money
on point number two, we already had a lot of investors willing to take a risk in the right project but afraid that they cannot find the right one
and on point number three, nobody wants to invest in a scam project if they know that it is a scam project, and yes we have the scam busters to thank, they really made a great contribution.

ICO is not the problem. People being foolish with their money is the problem. YOu see these ICO with pictures of people and that is ment to be "trustworthy" people fall for this. Whenever I see photos of the so-called ICO team I run like hell. Knowing who you giving your money to doesn't really matter. What matters is the project. Being anonymous is fine. It is thee projects that try so hard to "prove" themselves they actually just give off all the bad flags but still people fall for it. When they start asking for KYC to stay away. When they promise profits, stay away.  ICO can be very useful it is not the devs fault people give their money to a scam rather then a legit ICO.

Honestly I don't think there's much we can do to stop this scams on the market. The problem is there are always going to be persons, most of them newbies that invest in new ICOs just because they are stupid and look for quick money.

Of course, as bounty hunters, we can easily fight off fraudulent projects if we combine our efforts for this. We may well create anti-advertising projects for such projects and many potential investors will then give up their initial intention to invest in such projects, after which they simply will not raise the necessary funds for this.
However, for this it is necessary to have valid reasons to consider a certain project and its team as fraudsters.

Yes you are right.. but   it is also related to bitcoin.. because  we  should be aware of scammers specially for newbies.. 

Yeah we should propose  a plan or any project against  scammers.. because now people  are believing on bitcoin and they are investing in bitcoin.. so be aware from hackers and scammers..

I agree to this one. Unity really will make things possible but how we can do it? Who are the people we should deal with? Is it the right time to release ourselves from the anonymity in Crypto so we can identify who are the real scammers here? I think we really need to know how we can convince everyone.

I think most people get scammed are newbies every time.

Because most of the scam is very easy to see. But new people are falling into this.

I think people do what they can. Investors have become smarter and they no longer bring money to scammers. It also affects them and they are getting smaller. But on the whole you are right, we must work together to fight this.

To be honest, it is hard to stop a scam since they are hard to spot on especially if you are not used to things they do. Scams had been part of this community for so long, even IRL can't stop it, what more in a community where you can't tell who the guys are and decentralization is a thing. The great thing here is that you can create a group or a site where you can warn people about scam projects. You can analyze the project for them and you can tell them which is which. You can't stop scammers to scam but you can raise the awareness of the people and give them the knowledge to prevent them from being scammed.

start today just like me to earn your bitcoin, do not wait any longer ;)

I just don't ever invest in ICO's anymore and avoid any crypto without a creation cost. No more scams for me.

Do not ever invest in any crypto with no fundamental backing. That is a rule.

https://www.amsinger.org/fundamental-method  (https://www.amsinger.org/fundamental-method)

I also stay away from shitcoins and support only good projects but there will always be more greedy people who are here for the money and will pump anything as long as it pays. How do you want to fight something as a community if the community is and will be divided.

I don't judge. Some people are poor and need money and you have to be comfortable with your investment to be able to say no to shady projects. Poor people will always fall victim to scams that are promoted by other poor people because their need of money and greed blinds them.

How about building an algorithm that can identify scam ICO's.

What defines a SCAM ICO?

Consensus Conditions

Weighted Conditions (How would you weight the following
Negative being the worse case, positive being the best case).

Technical components:
Technical details and or theory  (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Technical team backgound        (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Yellow paper                            (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
White paper                             (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Uniqueness:                             (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Adaptabiity:                             (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Sustianablility                          (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Help desk                                (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Dev support                             (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Project Roadmap                      (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Project deliverables                  (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)


Accountability components[/u]
Legal leadership / owners          (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Governance and compliance       (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Board of directors                      (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Team Visability                          (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Team Accessability                     (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Financial transparency                (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Live speakers                             (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)
Marketing plan                           (-5. -4, -3, -2, -1,0, 1, 2, 3, 4, 5)


The premise being if a weighted average is in the negative, the conclusion is that a high probability of a scam, if the average medium is plus 3, the risk is reduced and likely hood that this is a legitimate project that is rating high. If the average medium falls between 0-2 a warning that more research is needed in order to conclude.  

its difficult but its possible . cant you see that there are still scam attempts that are being busted ? if the investigator is dedicated and smart he can always trace and expose the scammer whenever hole they hide  .


scammers are everywhere  . before when there is no ico and cryptos , scammer already existed but now that cryptos are booming , scammer are already shift into this space because there is alot of money in here and their earning potential is huge  .

overall , i agree on the op's idea but we also know that most of us are busy people  . i guess those that are working full time on the crypto space can do the job more accurately since they are more familliar about the faces , names and other factors  .

Same fuckers that has been scamming for years. If they are not government then they are under government protection.

I would like to see them burn in hell!

True.It would be hard for us to trace easily those scam projects from the legit ones but if we will unite as one to banned scam projects then maybe we can create a more successful and profitable crypto community.Investors will no longer leave crypto because they have more confidence already that their money will not be lose and will gain profits eventually.

As much as we don't want scam projects to appear I think there are people who are going to build something they truly believe in. I don't necessarily think we need to ban against anything but instead educate people about why it could potentially be a scam project. There is so much misunderstanding happening about what is right and wrong

In as much as I agree with some of your points, I do not think we can stop any new ICO project but what we can do is to work together as a community and make sure scam and irrelevant projects are prevented because it hots and damage the reputations of cryptocurrencies. Nearly everyday, news about crypto scam are reported. This can actually reduce when we start kicking against them right from this community. Also, remember it is not about ICO alone but also we should all discourage the use of exchange platforms that list scam tokens and offer IEO with major aim of making quick money. There are many exchange platforms out there that are more of crowfunding platforms than exchange platforms

Most of them know where they are going for IEO especially those ones that are in for profit. I will not mention names but we have started knowing exchange platform that is merely fundraising platforms. It is embarrassing that many of this exchange platform has made their listing fee of the project for IEO low in order to attract many of them and that is the reason why we have many scams project.

That's absolutely correct mate, back in 2017 i invested in some notable ICOs but at the end they frump up my investment, but rather than investing on ICOs, i rather trade with a reputable account on this forum becasue there are still much pretty good members with good heart for trading. Also, without fundamental backing on any crypto i will never invest in it. Possibly one can learn to trade.

Yes it is a good idea but I think that it wouldn't really work well.
There is so many project and we couldn't know which one would be scam .
We also couldn't get the scammers because they could use fake information in crypto community.
Just think about getting someone who is innocent because their information has been used.

That’s true. Crypto market is full of every kind of projects already. Some of them useless, some of them will disappear and only a few of them will rise & shine. The best thing is to make right decisions before creating a portfolio. This market is full of advantages.

yeah i agree with you we have to stop investing in ICO because the development of the ICO has been too much and so many that ended up being a SCAM project. if you still want to invest money for ICO, the money is invested in the IEO, therefore it is more secure.

I think we should stop saying to people that we need to keep on doing research in order to avoid these scams. Yes, it is true that we can avoid those through research but we should be able to do more than that and that is doing something to verify that these people are legit and we have to make sure that they are not going to run away after their project fails.

Great idea.We can do something about that as above it will insure our future too.No more scams means great insurance for the bitcoin,ETH,ect. When you can give guarantee more more investors will come and invest.Because they know their money not wasting.So the crypto marketcap growing day by day.So that's mean New era for crypto as above.Bitcointalk is a great place do something like that.Salute you member who fight against these scam from beginning. Thank you for your great service.

Why do you think we need to stop reminding someone to DYOR their way in crypto? It's like you are spoon feeding these type of people. ONLY YOU can save yourself in cryptocurrency scams. Not anybody. That's why DYOR is the best thing you should do. Next, ask somebody in altcoin discussion regarding this.

I think that could be actual in 2017-2018, but now people don't participate in ICOs anymore..

I think we can contribute to eliminating scam projects by making others aware especially on this forum if we discover any scam project. We should also not make huge investments but invest only the amount of money we are ready to lose.

There are many scam project in crypto market and the most affected with a lose is the investors and the bounty hunters and if this not to be stopped it will give a great bad impact on crypto market as more investors lost trust in crypto investment and hunters will slowly gone and not participate in campaign anymore, is there a way to control newly start project? If yes then who will be the most responsible to do that?

I think that for now, there are several threads in this forum that inform us about the scams, it may include the projects that are considered as scams with several reasons and problems or proves. However, it may be only done after there are some investors entered on the projects. Of course, every investor has known this risk and it is very difficult to be ignored.

If there is money being paid, people will shill the project. Due diligence should be done by end user.

Developers  never stopped because there are people who continue to patronize this crowdfunding, some new ICO is just a copy of the existing project, and some projects are already in the market, they just envy on the amount of money these projects are making , so they create their own, take a look at the many exchanges coming from ICO this is one good example.

Obviously there are Scam Accusation and Investigation sub-forums here, but the chances of scam victims getting any sort of compensation is very remote. The crypto-anonymous and liquid nature of cryptocurrencies makes it extremely difficult for the authorities to detain the scammers and seize their holdings. And things get further complicated when the coins move from one country to another, and if both the nations have differing legal clauses regarding cryptocurrency. In the end, it is up to us to take the necessary precautions to prevent getting scammed.

Do you mean unite? Well strict regulation is the only way to stop those ICO scams that are rampant everywhere, as an investor/bounty hunter it's our own responsibility to conduct strict due diligence in every project that we will participate in.

Fighting scam is most important aspect in crypto community we have seen in last 2 years so many scam projects came and took many hundred and thousand of btcs if any one feel any project as scam then it is advisable to post in bitcointalk forum and raise awareness