[2018-07-24] Should ICO Listing Sites be Responsible for Fraud Prevention?

Bitcoin Garden: Should ICO Listing Sites be Responsible for Fraud Prevention?
https://bitcoingarden.org/should-ico-listing-sites-be-responsible-for-fraud-prevention/

The time has come for ICO listing sites to decide what they want to be. Do they want to be the 21st century equivalent of the Yellow Pages, listing rote information and doomed to eventual obsolescence, or do they want to actually serve as a useful tool that the crypto community can trust?

If you’re not old enough to remember using the Yellow Pages, you didn’t miss much. It was a big bulky book, and all it listed was the facts: business name, address, phone number. Businesses could pay for larger, advertisement-style listings to promote themselves. The Yellow Pages weren’t concerned with who was actually the best pizza restaurant in town, or if a pizza restaurant had a history of being shut down for health code violations. All they cared was that you were filed under P for Pizza and you had a phone number.

A lot of crypto ICO list sites seem to have decided they’re fine with being the Yellow Pages. They provide the basic information – ICO name, website, start and end date – and let potential investors take their chances. Others have decided to take a 21st century approach, but not an ideal one. They’ve adopted the attitude of an Instagram influencer – pay them enough money, and they’ll say whatever you want about their ICO....