[ANN][ICO] SCAMNETWORK - BUILDING SELF-SUSTAINING ANTI-SCAM SYSTEMS

[TheMonarchButterfly]

The SCAMNetwork ICO

We at the SCAM Foundation are looking to build a community centered around targeting the international scam industry.

The burgeoning scam industry has long since out-stripped the traditional means with which these perpetrators can be held accountable for, and with the rapidly rising popularity of ICOs in the sphere of cryptocurrencies, this situation has worsened significantly.

While this is as partially as a result of the youth of the cyptocurrency ecosystem, we are caught in a catch 22, where ICOs need more legitimacy and will never get big without it, while traditional sources of policing will not focus their efforts on scams in our ecosystem unless we get truly big enough to trifle with.

The only solution to this particular conundrum would be to cultivate a self-sustaining, community-driven ecosystem where anti-scamming behaviour is actively promoted and rewarded. Herein lies the ultimate goal of the SCAM Foundation.

The SCAMNetwork
This network would be a P2P platform built for the victims of scams to seek help locating and identifying their scammers. All bounties placed for those scammers are escrowed by smart contract and all bounty reports would be analysed by experts and AI built by our team to ensure the validity of the information given.

Timeline
Phase 0: Token exchange listing (est. date from Q1 2018 onwards)
Phase 1: Main net launch (est. date Q1-2, 10% reserve token burn)
Phase 2: Anti-scam Ecosystem launch (est. date Q2-3 2018 25% reserve token burn)
Phase 3: Investigation and adoption of partial to full automation through code and smart contracts (est. date Q1-2 2019, 50% reserve token burn)

Telegram group: https://t.me/SCAMNetwork
Telegram channel: https://t.me/SCAMNetworkAnnouncements
Webpage: https://scamnetwork.co/
Medium: https://medium.com/scam-foundation
Twitter: https://twitter.com/ScamFoundation
Bounty page: https://bitcointalk.org/index.php?topic=2829563.0
Whitelist and Airdrop sign-up link: https://docs.google.com/forms/d/e/1FAIpQLScz35kV8VRCq5woXaOcmmpQEArWX5xHyKRD5VArLUgZvc38OQ/viewform?usp=sf_link

[tromol ninja]

wow this is SCAM

[Lion_ashy]

Lol...I was bout to say y'all scam. But BOOM you named yasef Scam. Really creative. I'll be anticipating on this Shii

[Mynameischair]

thanks for this. i needed it. i was laughing so hard, i farted twice.

[nata1602]

Atlast someone made it 

[rizkyalhabsy]

is this a joke? hey do not embarrass yourself

[holdmycoins]

This is fucking great idea. Scammers are everywhere and if you can detect them your coin will grow fast.

[Natsu13]

Wow. Scam program is exciting to join

[Anphonsus]

I think this is a good idea. Why nobody care about it? And how is the development process?

[jamesllaneta]

wow its very nice project good luck

[TheMonarchButterfly]

is this a joke? hey do not embarrass yourself

Nope, absolutely not! We are serious about helping to clamp down on the scam industry in our cryptocurrency ecosystem, and through doing so, aid in the maturation and adoption blockchain technology worldwide!

[TheMonarchButterfly]

Lol...I was bout to say y'all scam. But BOOM you named yasef Scam. Really creative. I'll be anticipating on this Shii

Thank you! ^_^
Hope to see you on our whitelist!

[TheMonarchButterfly]

I think this is a good idea. Why nobody care about it? And how is the development process?

Thank you! We don't have a lot of attention because we don't have big name advisers like McAfee on our team because we aren't paying our community money on such marketing gimmicks Our telegram group got 1.4 thousand members within less than a week of making this thread though ^_^

We are in the midst of creating our Main Net and on the smart contract we are using for the token sale.

[kul0n]

The idea is quite interesting and relevant in our time. According to statistics, the number of scam projects in 2108 is only increasing. I very much hope for the success of your project.

[Fatunad]

This network would be a P2P platform built for the victims of scams to seek help locating and identifying their scammers. All bounties placed for those scammers are escrowed by smart contract and all bounty reports would be analysed by experts and AI built by our team to ensure the validity of the information given.

I love the motive but would really be hard to achieve in my own opinion.If this would really resolve such scam cases then this thing would boom up.Im not still sure on how investors would get their assurance though.

[truimpheriues]

bad name, you use name project scamnetwork
is good if this announcement thread you can post in token section