["Proof-Of-Establishment"] - Possible solution for frauds?

[ExpediteStyle201]

Did not know much about the proof of establishment protocol. Your this post is very detailed and useful. I too say along with you with if they are able to build the trust between ICO and investors then it will bring success.

[Globality]

Did not know much about the proof of establishment protocol. Your this post is very detailed and useful. I too say along with you with if they are able to build the trust between ICO and investors then it will bring success.

Well it's something in a making (kinda), Thanks for the support

[Globality]

Thanks for the post. I think this absolutely wonderful if it happens as so many crypto users lose their interest due to get victim of fraud. This initiative will help reduce fraud from crypto currency.

Hey - very happy to hear that the idea sounds great - Would be great if I could return in some time with more efficient information / product

[Globality]

I think an agency should be created for verifying new ICO projects. New ICO must have an official verification letter. Hopefully this can help to detect fraud.

I don't quite agree with you on this one, this flow should be made decentralized as one - an agency can decide on their own will who to approve and who do not, the idea is to create a mechanism that will give independence to the investing community as one

[Globality]

The number of frauds in crypto market is increasing day by day. We need permanent solution for this problem. I think it will work good. Let us see.

Yeah - Only today Cointelegraph released a very discouraging report about the ico scam amounts and projects

[nedian]

is this is a new algorithm like Proof of stake and POW?

[Globality]

is this is a new algorithm like Proof of stake and POW?

Hey, the idea is to create a new algorithm that will be part of the crowdfunding ecosystem and process, unfortunately this is something that still doesn't exist

[Globality]

Bump for new interested fellows