siddartha1492 (OP)
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September 23, 2017, 05:15:34 AM |
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Hi All
From a past few weeks, I was thinking that now a days, ICOs are popping up like mushrooms on Bitcointalk. They come, advertise their ICO to the most visible, popular, targeted audience and result oriented site, get bounty workers for free in exchange of promise of tokens, take money from the investors and then are never to be seen again. Of course, not all ICO founders are same, but many are like this only. I think we should have some features on Bitcointalk to discourage such ICOs or at least compensate some losses. I don't have many ideas, but have 1, which we can brainstorm upon.
So my idea is: Bitcointalk should charge a % of the ICO goal from these ICO founders and keep it reserved with itself. If the ICO is honest and fulfills its promises then this reserved money can be released back to the ICO guys. Also some part of this fund be charged in form of advertising fees. This advertising fees can be used to run the forum without any issues and can also be used to pay the mods etc.
If in case, the ICO is a fraud, then the reserved fund will not be released back to the ICO guys. Instead it will be paid to the bounty hunters, investors etc. Of course, Bitcointalk will still take out its advertising fees from this.
I think this fund reserve feature will allow scam ICOs to rethink about using Bitcointalk as a platform for scamming. Also in case, they do, then we can at least recover some amount of the money. I understand that this forum is supposed to be free for all forever, but still changes are something we can not deny. And we can have a section for the free ICO founders also, but of course, members will give them less priority.
Do you think this feature with some improvements can be implemented on Bitcointalk to keep the scammers away, even if just to a small extent. What other features can we have to safeguard the interests of the investors on Bitcointalk. Please discuss this, and who knows we may have some good ideas.
Thanking You Siddartha Gupta
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