What is the problem of trust in projects?

[Bezobraznike]

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.

A lot of people are now complaining because the market price is very low and there are no any good projects are coming. Bounty hunters are waiting too long for them to recieve their rewards that is why a lot of people are now quitting in participating in bounty campaigns.

    And what they complaining about really? Cause they are not already rich? This is not a casino, this is not placing bets and going home in few minutes
with full pockets.
   Problems with trust exist longer than crypto-currencies. Do you have trust in your government? Or your banking system? Do you have trust in all the
people you are surrounded with? I kinda believe more in technology to do the work than some people.
   Trust comes after a lot of time proving yourself. After many hard years where someone stand firm in what they said. If you trust in something after a
day you will be disappointed many times. Test it, check it, test it again and than decide to trust or not!

[Renai0925]

That's why I also think that ICO's should be regulated by the government with lots of paperwork before getting approved for capital gathering. That way, there is some protection for the investors just in case the devs plans to runaway with the money. Or maybe use legit escrow for the investments

[liliano]

The new platform is able to be made on the ETH core with a smart contract and this is impossible to remove because it is the same as changing the ETH itself. Those who need to be careful are investors, they must be smarter to see ICO and new projects in full.

[gurang]

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.

if you lost your bitcoin as if you have the opportunity to bring you poverty

[grey007]

There are special rating tables that help evaluate projects and trust them.
Person with a lot of experience will easily identify the scam project...

[$anounimus$]

usually the problems that occur in some projects are the tokens they have not sold until at least the softcap and a lot of bad news that makes the project's condition fail, and the most important thing is the response from their excellent team must be considered.

[Siren]

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.

Perfect catch thre mate,but theres no need to total stop the ICO project all we have to do is to create an ICO monitoring team that will only focus on the project development in crypto,because most of the developers of this scamming project is same persons that has been around for quite along

[Kamote_1102]

Not all ICO's are scam. It is not the best way to stop scammers in what they are doing. We just have to be more careful and always do a background check. I believe that there are more legit ICO's in the crypto World. However, I hope that someday there will be standard Rules in every ICO that needs to be met.to check if the ICO is legit or not.

[DEGREE07]

I might want to give a case. Suppose you join 10 ico in multi month on the off chance that you are rich. To some degree in hurt. be that as it may, in the event that somebody turns out trick when you join 2 or 3 iico. there is no other caren with the exception of imploring. also, Now, regardless, there are some great promising ICO tasks and this movement is justified, despite all the trouble, if even a little piece of these activities are effective. I feel that today all speculators know about the instances of various cheats in ICO ventures and that such speculation is a major hazard. Presently speculators should be extremely mindful about putting resources into ICO, given that numerous ventures are false. No one influences them to put resources into ICO, it's their own decision.

Sooner rather than later, states should start to manage the exercises of the ICO with a specific end goal to make it more straightforward and secure the privileges of speculators. This has just been expressed in France, Russia, Japan, Australia. Along these lines it is important to tackle this issue with extortion. Disallowing the most effortless. A portion of the discharged tokens are exceptionally valuable for the general public and along these lines this action merits a proceeded with presence.

[hachiman13]

There are special rating tables that help evaluate projects and trust them.
Person with a lot of experience will easily identify the scam project...

The problem is, if that expert person gives in into corruption, which seems to be a common thing in ICOs. Even advisors in some project won't mind even if they endorse as scam as long as they get paid in the process. This is why it is important to DYOR and never trust some "expert" in this space.

[playbtcgame]

Some projectsseem to look much investing into and you might invest huge amount of money into those projects. At the end, you find yourself in a mess and you intend loosing entire trust in those projects.

[terrific]

The time has come where these ICO gave effect to the market.
We have seen the bad side of those scam ICOs that did dumped their projects and sold their tokens.
And its only going to take a year/s and many of them will stop.

[Obeng Plusss]

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 do you have to give up the ICO, what is to blame is those who commit fraud, they must be arrested.
the bounty manager should be more selective in promoting an ICO project

[Barretwallace]

Probably the transparency that the project brings to investors. In order to believe in the project, the production team must provide community and practical value.

[Bumblecoin]

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.

But not all of the ICOs are scam. There are just unsuccessful ones. But it is true that there are lots of failed ICOs and scam I just hope this problem will be resolved.

[greg0rioo]

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.

I agree with you, we have to get rid of ICO because they are a problem area from this. I personally also don't really like this, I hope this will happen soon.

[BitTraderCute]

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.

A lot of people are now complaining because the market price is very low and there are no any good projects are coming. Bounty hunters are waiting too long for them to recieve their rewards that is why a lot of people are now quitting in participating in bounty campaigns.

because i see many project did not have correlation with blockchain technology.they just make projects without any function and clear purpose.and unfortunately investor didnt understand it.

[Nemhongonie]

Stopping the icos is not the solution. Because icos are the way to develop blockchain technology and increase the popularity of blockchain systems. Investors should search more about the projects not to get scammed.

[gambitcoin53]

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.

i think we need ICOs, that is where the competition starts that somehow affects the price of bitcoin versus other coins and tokens, therefore, getting rid of ICOs are not recommended, the problem is dealing with the legit ones, but that is the risk, that is why it is called Initial Coin Offering, it is an investment thing. if there are no competition, monopoly comes in and that is not good for the market.

[tbterryboy]

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.

ICO is not the only people get scammed, there are other ways. You just have to be careful on what you choose and how much you’re investing in it. I believe there are  people who are very smart and are able to figure out which ICO is scam and which one is is not and as you’re complaining of scam, there are people still making money from it, and closing ICO means stopping their means of income.

I just think that the devs should find a way to make things easy for us by providing a way or a system that marks legit ICOs, making them easy to identify. There should be a process that every legit ICO must pass through and they should be checked.