FAIL presents #FAILScam and #FAILApproved stamps.

[spartak_t]

Hello,

I am part of FAILCoin team and we came up with one idea, which I wanted to share with you, because one of the main purposes of FAIL is to help cryptocurrencies.

Here is how disapproval will work:

1. John spots scam and warn us.
2. We make some research on it and place FAIL stamp if we believe that he's right.
3. John receive reward in FAIL coins (the amount will be announced in near future).

Here is how approval will work:

1. Kevin see some good ideas behind some coin and he thinks that it has future. He is also believing that the team behind the coin is honest.
2. Our team again make research on it and place approval stamp if it seems legit.
3. Kevin receives nothing, because he probably own some coins of the given currency.

#FAILScam and #FAILApproved hashtags will be used on Twitter.

We are working on the graphics as we speak and they will be available pretty soon.

We are NOT going to do research on ICO/IPO or whatever, because they are most likely scam and it's not worth researching them.

What do you think about it?

Thanks for your time,
Spartak

[batesresearch]

Hello,

I am part of FAILCoin team and we came up with one idea, which I wanted to share with you, because one of the main purposes of FAIL is to help cryptocurrencies.

Here is how disapproval will work:

1. John spots scam and warn us.
2. We make some research on it and place FAIL stamp if we believe that he's right.
3. John receive reward in FAIL coins (the amount will be announced in near future).

Here is how approval will work:

1. Kevin see some good ideas behind some coin and he thinks that it has future. He is also believing that the team behind the coin is honest.
2. Our team again make research on it and place approval stamp if it seems legit.
3. Kevin receives nothing, because he probably own some coins of the given currency.

#FAILScam and #FAILApproved hashtags will be used on Twitter.

We are working on the graphics as we speak and they will be available pretty soon.

We are NOT going to do research on ICO/IPO or whatever, because they are most likely scam and it's not worth researching them.

What do you think about it?

Thanks for your time,
Spartak

I like it but only partially - Disapproval is a good idea but we don't want to false accuse to quick we need to put work in. Approval idea I don't like, things can go wrong with things later down the line (even a year or 2) and if we have said approved it may come back on us.