Stop SCAM in the ICO market

[ico.picker]

Hi guys,

We have an idea about how to stop scam projects. We have a team who is developing an MVP for this idea now. The release of the alpha-version will be soon.

Please tell us whether would you invest in a project that:
1. has an MVP that works well.
2. unites all of the stakeholders in the ICO market.
3. stops scam projects.
4. creates a marketplace for easy communication and cooperation.

What do you think?

Update.

The most frequent question is how we are going to offer protection from scams. The answer in this article.

More info about our project:
Website
Pitch for investors
Minimum viable product

To access the MVP, you can use a demonstrate account or create your own. The demo account credentials:
icoworldtest@gmail.com
12345678

If you have any questions you can ask them in this topic or in our telegram chat.

Thank you for your attention!

[martinholly167]

i'd love to, if only this project is not a scam, other than being able to stop the scam, it can also detect and prevent a scam before a scam occurs to avoid losses to investors

[boyknightvn]

I think it's so difficult. But I think anybody in Crypto market and ICO market want to stop SCAM project. I hope your team do it well.
I choose the option 1.

[tenebriscaelum]

I think right now the only way to stop scam projects is to be personaly diligent about it, by preventing your self to be scammed and doubting suspicious things you can helf your self in stopping this scam. So just to remind people that even if there is a platform that would have safety features people that wants to scam investors will still find a way to scam them.

[batang_bitcoin]

You wanted to stop the scam projects by making another ICO project?

Also, move this thread to Altcoin Discussion.

[tanzaholzmann]

Hi, guys.
I have an idea how to stop the scam-projects. I have the team who is developing MVP for this idea now. Release of beta-version will be soon.

Please, tell me would you invest in a project which:
1. Has a really working MVP
2. Unites all of stakeholders in the ICO market
3. Stops the scam-projects
4. Creates a marketpace for easy communication and cooperation

What do you think about it?

I like to hear from you, it seems the scammers will be afraid of this post lol. But when is the beta version launching, I'm waiting for that, so please report if the beta version will start.

[ibrayzorhaf]

i absolutely agree, with no ICO scam, the impact on investors will come and feel safe. it is only natural that investors are hesitant about a project where many are scam right now .

[samcrypto]

You wanted to stop the scam projects by making another ICO project?

Also, move this thread to Altcoin Discussion.

I think so, they are creating something that can stop the scams ICO. I wonder how they will do that, and hopefully this is a real project so people will not fall into shit projects again. We will see this thing in the future. I want to know about his project so I can say that its really good in the future. Waiting for some updates here.

[vit05]

You have nothing if your proposal comes down to this points that you make in your first post. Several other projects promise something similar to this. But of innovator they have nothing. The only way to truly end scam projects with the options we currently have is to put strong regulations.

Or start educating people about bad projects. Unfortunately, many invest in the market act as if they had been playing roulette. They do not read about the project, they do not know what they do differently. They do not look for a profit or profitability. They do not research about their promoters and programmers.

It is a free market. I doubt that your proposal could end Scam projects without promising enforcement action. OR will be just another tool of education and if so, will be very welcome. We need more information, transparency and verification of current projects.

[tayogpanganiban]

I think scam in the ICO market is inevitable because we are talking about money here. Scammers are everywhere.We cannot stop them but we can avoid them.

[millensharon8]

If I am not mistaken, isn't that what KICK is already offering with their community? It is not a bad idea though, but you must have been able to put a product together and at least permit a demo for real life case before investing. Most scam projects are fond of giving promises first, and of this is the same, then I would not bat a lid.

The easiest and most relaxing way when it comes to identifying scam ICOs is to do your own thorough research, but at least for the sake of some new investors who are quite lazy to do that, having something like that, if effective, will be of assistance for the space.

[TimeTeller]

We don't need another project just to focus on this type of mission.
Several had already attempted to address this long running problem.
Yet, scammers are always there, acquiring money from naive users.
Maybe you can push thru with this kind of objective. But, please don't raise another ICO project.
Make it a life long mission instead. Are you ready to take this burden free of charge?
Or just let the users do their job and responsibilities?

[Kb4real]

They will not hear and they continue scamming people, the only thing that can stop all this scam ico is regulations which can be used to track and follow all those conducting ico diligently.

[gambitcoin53]

Hi, guys.
I have an idea how to stop the scam-projects. I have the team who is developing MVP for this idea now. Release of beta-version will be soon.

Please, tell me would you invest in a project which:
1. Has a really working MVP
2. Unites all of stakeholders in the ICO market
3. Stops the scam-projects
4. Creates a marketpace for easy communication and cooperation

What do you think about it?

absolutely, yes, imagine the market without these Scammers, i dont know how will you do it but im sure this will be a great help for every investors, those scammers are one of the things that contribute false info and negative trust ratings so investors are afraid to venture in crypto.

[batang_bitcoin]

You wanted to stop the scam projects by making another ICO project?

Also, move this thread to Altcoin Discussion.

I think so, they are creating something that can stop the scams ICO. I wonder how they will do that, and hopefully this is a real project so people will not fall into shit projects again. We will see this thing in the future. I want to know about his project so I can say that its really good in the future. Waiting for some updates here.

I think I've seen the same project before but it failed but I can't remember what that project is.

New ideas are coming to these people but they also have the same goal of making their project great by making a lot of money during the pre-ico phase. If their project is going to be popular let it be but as much as possible these scams will never stop no matter how hard they fight. At least in our part, we have to avoid them and warn others.

[apilpirman.bisnis]

You can stop by yourself with leaving and never promote scam or fake ico project, maybe you have talk to every one to stop and never joined scam ico project. you have ask to your friend for sharing about which one the scam ico to help investor.

[ico.picker]

Thank you, guys, for your lively interest. Thank you for starting the discussion, although the first message had only eight lines. That is really cool.

Now let me give you a little bit information about the project.

We are developing a social network for crypto investors, asset managers and ICO-projects. Our main idea is to collect all ICO-market participants in one space  and obtain a scale effect. Based on this effect, we are going to create services that allow users to trust each other and to provide protection from scam-projects.

The social network’s main audience is crypto investors, and we offer the following advantages for them:
   1. Protection from scam projects
   2. Successful asset managers and the opportunity to transfer money into trust management
   3. A large number of useful materials and familiar and convenient interface

More information how everything works you can find here - https://telegra.ph/ICO-scam-protection-08-28
The branch of the project on the GitHub is here - https://github.com/pyshopml2

Now all the forces are concentrated on the creation of MVP. Therefore, we don’t run any social channels except bitcointalk.  This channel is also being tested. We want to understand how much our product will attract a potential audience. The release of MVP will appear within two months.

We will be answering all the questions in this branch within 24 hours. Also here you can find all information updates.

Thanks for your attention!

[BCSHonda]

This is inevitable in the market. And not most of the projects are reliable. Because it can give back to the community at a certain time. Until it receives the terrible amounts it can close it and disappear. That is what always happens and investors should consider carefully.

[validavi]

You should just avoid any ICO around here, too many scams or scams attempts.
This market is not yet regulated, then you need to be really careful with your investments... ICOs are not a smart investment, never.

[yusupjatigumilar]

some time ago there were many ICO programs popping up, but not all of them ended successfully, some were even considered scam by their investors because the funds they invested lost without replacement due to erorr occurring when transferring funds from smart contracts to their wallet, here I feel sad why they can do that big mistake, I hope there is a special institution that regulates this ICO program