What is the problem of trust in projects?

[spyerf]

Pretty good idea to close the ICO's as they are actually becoming the viruses of crypto world.

In addition to this they shovel just keep the other tokens which are already present in the CMC now so that we can focus on these tokens and people can actually put real value to them. I mean everything will get focused on them and not the junk that is coming every other day in the market.

Then that would be the best way to run crypto currency market. ICO's are really really worst these days.

that's true, many tokens in the market just make investors confused and unfocused. but in my opinion there is no need to remove ICO, but it is better to restrict it by providing an ICO standard so that inappropriate tokens are not available.

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[SPQR_Legionnaire]

ICO is on of the few areas in cryptoworld where I believe that regulation is the key. We need rigorous analysis here made by experienced economists or veterans of crypto. ICO is a great idea if done right.

[pat4cryptoreal]

I am not of the motion that ICO should be eradicated but there should be a way of thoroughly screening all ICO's, Starting from the point of entering into smart contract with any of the smart contract platform to ICO listing platforms.

[BulbaLord]

Yes i agree that is one of the biggest problem nowadays many scammer .  theres alot of ICO are scamming giving false promises if join this project your investment is going twice. We just need to be more careful so we don't get scammed in fake ico.

[wantjokull]

The problem that i am seeing here in the projects that made them not trustworthy enough is the cases of the scam projects and made the other people think that investing to the startup projects are not good. I think, in order to lessen the scam projects they should submit their majority of their personal information to the authorities so if they do something bad then they will get caught.

Yes it's a good idea to submit personal informations in the public so that the investors can have a trust in their project on which can possibly removed those scammers that makes them encourage to invest in the project. Trust is very important because it can make every project successful and easily to adopt all over the world due to the team that are working hard in order to spread the awareness of the project to the investors.

It doesn't really matter mate because they will never ever release the real public profiles even if they want to. I mean they could always fake the profiles and in this digital world do you think thats the problematic one at all? I dont believe in that one and it will never be true as long as they are scammers.

Yes I do understand that if they are real one and not scammers then they will surely show up the public profiles but to be honest it could be very very risky for them if the projects failed and someone accused to them. They could be under juri immediately. But this is decentralised crypto and projects do fail here even if they are genuine one. So why would they risk it.

[markk94]

Your number 4 statement is kinda true, people just want to profit but not trying to be more creative about it. I really appreciate the project that really2 mean it to change the world to be better. But, kinda hate the project that just want to earn profit. Vision is really important.

[bering]

since 2017 ICO is too popular because plenty of ICO project has been announce for everyday but most of them eventually being an scam projects but to remove ICO project this is quite difficult because ICO based on people demand and if people still liked to invest on ICO project then ICO will never disappears but probably if people are getting tired with ICO or stay away from them then gradually ICO will be lack of interest and disappear

[TanteStefana]

The problem is that in our world, in every sphere of life, if there is some possibility to cheat, there will be people doing that...scam

[v0rtecxz]

is not entirely prohibited, now ico has mushroomed and everywhere, it is unstoppable things we may be able to do is choose from the many ico that really has the potential and further development, but for now it is very difficult to be able to to find ico like that you have to be careful if you want to invest

[Damn3d]

We need to take some steps to change the way it is operating now. There are way too many scam projects on a stage now

[mersal]

I am not of the motion that ICO should be eradicated but there should be a way of thoroughly screening all ICO's, Starting from the point of entering into smart contract with any of the smart contract platform to ICO listing platforms.

In some fields there are some limitations we are the decision makers and we are the responsibility to make some profits or energy so making trusts is important so no way is available now.

[carlisle1]

There are so many scam projects going on. people are now afraid of joining ico.
1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.

Why are you so eager here?have you been a victim?or youre just here pretending to be concern?stop acting like you are affected but the truth is not,yes i believe that many ico are scams and really aiming just to take advantage of the situation because many noob here are still becoming fool trusting and not searching for this

[sepeda karat]

According to me Project building construction is certainly not an easy thing. Moreover, coupled with the trust that has been given from the client. The project manager must establish a strategy in project implementation to achieve maximum profit without reducing the quality of the building to be worked on.

[basyang]

God bless investors )) The most important thing to evaluate an ICO project is the team project
Whos on the team?
What are their backgrounds and credentials?
Do they have any public track records?
...

I think you are totally right about that. First before joining an ICO campaign we need to research the team project if they had a record of having a good handling projects. Second, who's on the team, we also need to research the who are generating the team from the team manager down to the programmer or other positions. Third, their backgrounds and credentials, We also need to know their background in the industry, if they had a good record in many projects they make, If their are records that they are scam a project. And lastly public track record. As I said earlier we need to know of they have a good record in handling ICO projects.

Hopefully you apply this kind of thing before you joined in any ICO project to avoid for you to scam.

[Tylev]

There are so many scam projects going on. people are now afraid of joining ico.
1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.

And than you then will be better than those states where in general it is forbidden кpиптoaлютa? They allegedly too very worried about their citizens and that they are not deceived when investing their money in these risky crypto-currencies, the authorities prefer to prohibit its use altogether. Grant the right and opportunity for everyone to decide what to invest in, and what not to invest. ICO projects need not be banned, but regulated. They even now bring a lot of benefits, despite most of the fraud among these campaigns.

[cloudproject]

i think the how managment and how the team are showing their presentation in the public that making the trusted project

[BossMacko]

Lots of people are getting scammed because they thought they will gain profit by investing in some ICO or new projects. Problem is they dont do lots of research first before investing. If i will be investing in some project i will make sure that the team is legit and they already had lots of successful project. That being said the chance of getting scammed is decrease. Too lessen the feeling when getting scammed make sure that you invest what you can afford to lose, we will never know what will happen to our money once we invested it.

[ongkok87]

The problem is that in our world, in every sphere of life, if there is some possibility to cheat, there will be people doing that...scam

that's right what you say. because the number of frauds in ICO that cause ICO good name can be destroyed. but not completely ICO is deceiving, because my experience playing in ICO not all do fraud

[lionheart78]

Pretty good idea to close the ICO's as they are actually becoming the viruses of crypto world.

In addition to this they shovel just keep the other tokens which are already present in the CMC now so that we can focus on these tokens and people can actually put real value to them. I mean everything will get focused on them and not the junk that is coming every other day in the market.

Then that would be the best way to run crypto currency market. ICO's are really really worst these days.

And who is going to implement this closing of the ICOs? The idea is good but ICOs are not centralized as well, each country has its own regulations and some does not even care. ICOs has become the new and the easiest way of raising money But also became a scam field for scammers.

[reverseflash]

Pretty good idea to close the ICO's as they are actually becoming the viruses of crypto world.

In addition to this they shovel just keep the other tokens which are already present in the CMC now so that we can focus on these tokens and people can actually put real value to them. I mean everything will get focused on them and not the junk that is coming every other day in the market.

Then that would be the best way to run crypto currency market. ICO's are really really worst these days.

And who is going to implement this closing of the ICOs? The idea is good but ICOs are not centralized as well, each country has its own regulations and some does not even care. ICOs has become the new and the easiest way of raising money But also became a scam field for scammers.

I agree, In this situation there can be useful more strict requirements to organizers and managers of ICO programs.