Is it possible to do this?

[jay sd]

Yes, That is a good suggestion. Because there are tons of scam projects are being launched everyday. That will reduce the quality of the field.

[citydragoon]

From my opinion it is possible but you have to prepare for this deal so much. Do an analysis and find all necessary information about this one. I hope you will get it.

[Dcoollakky247]

I don't think that your proposal for restricting ICOs can see the day light, it just impossible. Though, there are many fake ICOs coming out, some with scam intentions while other are real, you just need to do your assignment before jumping into them.

[batang_bitcoin]

Anybody that has used those bounty platform's can you explain on how they are distributing the tokens? to be more precise, are they holding the total pool for that bounty?

If they do, they are acting as an escrow and they are the one that acts as an intermediary between the bounty hunters and the bounty management.

I haven't used and joined them so I don't know on how they are working.

[MisterLangley]

yes. for me this is a solution to anticipate fraud projects. because with the frequent occurrence of projects that lead to fraud, it has been very troubling for many bounty participants.

[ui_zakharchenko]

But what about anonymous ICO which provide full stealth of a team ? After all, this is a whole layer of projects, in which, at the moment, there is not enough competition.

[Just John]

yes, I think it is very possible to do this. Might require some work and a lot of dedicated and passionate people behind it, but I think that it would be worth it in the end. This would also be beneficial to a lot of us, in fact, the whole cryptosphere, as it would help us be able to separate the sheeps from the goats. Great concept.

[ahmed04]

Restrictions in this area can only harm the entire industry. Many promising projects can be unnoticed due to the lack of limits.

[huanglui]

Yes, I agree with you, it would be good solution for all of investors and bounty hunters. This idea have great potential, but is not so easy to realise.

[que91]

No. It's totally impossible . For example so many criminal activities is using real money to make deal so we also need to do the same with real money? LOL. There are so many traps in this world and the only way to avoid falling into these traps is that never stop learning and getting more knowledge to be able to avoid these ICO projects .

[emanjun]

Dear forum participants, I think it's time to introduce restrictions on the ICO. The reason for my proposal was a huge number of fraudulent projects that are hiding with investors' finances, don't pay bounties compensation when the desired amount is reached, etc. I propose to create a verification system that will become an intermediary between the investor and the ICO.

I think its a good idea, having such verification system is a big advantage for us, not only for investors but also the ICO that we are going to participate with.

[bartusv]

Regulations for ICOs are needed for the market to avoid scamp projects but they should be done
internationally. It would be ideal if the crypto space would have it`s own decentralized self regulatory
system for evaluating ICO projects.

[Andruha1993]

This is certainly a great idea, but the problem is that it is very difficult to do. But I think there will soon be a solution to this problem and there will be a lot less scams.

[Igor.J]

Dear forum participants, I think it's time to introduce restrictions on the ICO. The reason for my proposal was a huge number of fraudulent projects that are hiding with investors' finances, don't pay bounties compensation when the desired amount is reached, etc. I propose to create a verification system that will become an intermediary between the investor and the ICO.

After several unsuccessful attempts, I decided to buy now only ready tokens. I believe that Ico is an additional tool for fraudsters, and now they simply do not need them due to oversaturation.

[GREENch]

Dear forum participants, I think it's time to introduce restrictions on the ICO. The reason for my proposal was a huge number of fraudulent projects that are hiding with investors' finances, don't pay bounties compensation when the desired amount is reached, etc. I propose to create a verification system that will become an intermediary between the investor and the ICO.

Do you have any specific ideas? If so, write them and people will review and provide edits and comments.

[nak02]

Why this forum, first is the country not this forum because even we have restrictions here, people will going to create new and easy forum to represents their scams or fraudulent projects as you said.

[vasilev456]

The idea is interesting, but in my opinion we are unlikely to be able to organize such an approach for many reasons!

[djuragan]

With such regulation, that should be able to remove or at least minimizing the potential of any new scam project who just trying to steal investor's fund.
So each and everyone who wish to create a cryptocurrency project will be thinking twice when they wish to create a project that can be a scam.

[xianbits]

Dear forum participants, I think it's time to introduce restrictions on the ICO. The reason for my proposal was a huge number of fraudulent projects that are hiding with investors' finances, don't pay bounties compensation when the desired amount is reached, etc. I propose to create a verification system that will become an intermediary between the investor and the ICO.

Do you have in your mind a concrete way to realize this "verification system"? It is ideal but I doubt how will it be done. Who will manage it and/or who will choose or decide who will manage it?

[traderethereum]

It might be possible, but it needs approval from the moderator of this forum. Maybe we need a system that the investor and the ICO could verify if they are legit or not. The system would be like KYC (maybe) or another else, so the project teams will think twice before they want to launch the project. And if the project is legit, they don't have to worry about the verification system, and they will obey the rule so they can continue the project itself.