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Author Topic: Stop SCAM in the ICO market  (Read 14226 times)
MakeMoneyBtc
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April 01, 2019, 11:42:34 PM
 #121

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.
Scammers are smart and they know how to trick most of the people to invest in their scam projects. They will do everything it takes if they know people are going to invest their money in something so it's pretty much impossible to avoid getting scammed when 90% of the projects are scam. I think ICO is already a dead thing
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April 01, 2019, 11:52:13 PM
 #122

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.
Scammers are smart and they know how to trick most of the people to invest in their scam projects. They will do everything it takes if they know people are going to invest their money in something so it's pretty much impossible to avoid getting scammed when 90% of the projects are scam. I think ICO is already a dead thing
They look promising as they can hide their real intentions to us. It is makes a hard way for us to determine those project especially when they are run by high profiled persons.
I've been in bounty before and being an investors sometimes and it is really profitable but it came into the point(last year) that many project arise with full of scam. It is really disgusting and it give us doubts for participating them, and also making a way not to trust for ICO.



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April 01, 2019, 11:55:09 PM
 #123

So dyor always and play safe
DYOR has been forgotten by most of the investors. They are blinded by the promise of these projects and on how big would be their ROI when the projects road map has been followed. Stopping the scam ICO in the market is possible if most of the investors will stop investing to scam projects.

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April 02, 2019, 01:27:44 AM
 #124

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!

We all want a stop to scam ICO but I don't want an ICO to do this for us, an ICO to stop ICO scamming people, why not do it for the community at your own cost and not at members cost, investors are fed up feeding them new ICO and you present your own ICO, nope it's to risky to invest now.
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April 04, 2019, 02:50:11 PM
 #125

I too often see fraudulent ICO. How many were there last year? Many scammers today do not cease to create such projects. Watch at least on our forum.SCAM PROJECTS And how much is left of which we will find out after some time? It is very disappointing that on such a good idea of cryptocurrency, there are people who want to get rich by deception.

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April 04, 2019, 02:55:13 PM
 #126

The main reason why I am investing in ICOs is the working product, or at least an MVP. Tons of ICOs are holding their sale and the only thing that they can show investors is their whitepaper. No wonder that such projects cannot even collect their soft cap.
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April 04, 2019, 03:13:23 PM
 #127

it's hard to stop ico scam.
we must ourselves must be aware that with a lot of scams, we must be careful and look deeper before investing

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April 04, 2019, 03:42:15 PM
 #128

Fraud projects have become a global problem that we must fight for together. I think the Team must be formed and this Team has the duty to audit all ICO projects. So they can prevent fraud projects.

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April 04, 2019, 04:58:10 PM
 #129

Fraud projects have become a global problem that we must fight for together. I think the Team must be formed and this Team has the duty to audit all ICO projects. So they can prevent fraud projects.
what we can do now is to secure our funds and liquidate fraudulent projects. Of course, I would also like to have a system of punishment for the scam themselves.

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April 04, 2019, 05:03:43 PM
 #130

Even if we try to stop scam project, scammer will do everything. so it's very difficult to stop scam project, to prevent that we must do protection from our self, or only invest in big coins like bitcoin, ethereum and etc, And if you choose to invest make sure, you already trust the project, do reseach dont just trust what people say
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April 06, 2019, 12:32:19 AM
 #131

I think Scammers are everywhere now and more and more. We can't stop it and I think fraud on the ICO market is inevitable because we talk about money. I hope the scam project can be solved immediately
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April 06, 2019, 02:56:35 AM
 #132

I think Scammers are everywhere now and more and more. We can't stop it and I think fraud on the ICO market is inevitable because we talk about money. I hope the scam project can be solved immediately

Indeed fraud cannot be avoided but they must improve security. And regulations must be made to limit the movement of these fraudsters. We also need to be more vigilant and careful in determining a good ICO project.

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April 06, 2019, 03:05:42 AM
 #133

I'm not an ICO investors and since I've been into crypto I haven't invest my money in any ICO but the problem surrounding cryptocurrency ICO is lack of trust so if you can actually fix this then ICO will find its way back to the top

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April 06, 2019, 03:09:42 AM
 #134

Indeed fraud cannot be avoided but they must improve security. And regulations must be made to limit the movement of these fraudsters. We also need to be more vigilant and careful in determining a good ICO project.
it's very difficult to see a really good ico. even when we feel the project is very good sometimes it also ends scams. it's very boring, when this problem cannot be resolved immediately.









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April 06, 2019, 10:58:18 AM
 #135

it's hard to stop ico scam.
we must ourselves must be aware that with a lot of scams, we must be careful and look deeper before investing
After applying the regulations, I do not think it will be difficult. But I can not give an opinion about whether we can accept it. on the other hand IEOs and STOs are regulated.
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April 06, 2019, 12:14:01 PM
 #136

actually the ico project itself is very good if not interspersed with projects that are scam but all that has happened so it is very slit looking for the original ico and the good name ico has been tainted by people who are not responsible for what he did, we should still be able to trust ico because the potential of ico is very good and can be trusted.

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April 06, 2019, 01:54:43 PM
 #137

Projects that are aiming to stop the scam ICOs on this market deserve respect, but I do not think that people would invest in such a project. They want to see new opportunities of blockchain and the higher the hype, the better it is.
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April 06, 2019, 02:13:05 PM
 #138

Hard to stop scamming here, so the investors opted to stop investing or shift their investment to IEO which is much safer and the results is fast, there's no point of staging ICO anymore, the proof are the good projects that failed to reach it's softcap.

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April 07, 2019, 04:56:24 PM
 #139

Indeed fraud cannot be avoided but they must improve security. And regulations must be made to limit the movement of these fraudsters. We also need to be more vigilant and careful in determining a good ICO project.
it's very difficult to see a really good ico. even when we feel the project is very good sometimes it also ends scams. it's very boring, when this problem cannot be resolved immediately.
It really can be annoying mate, and the IEO project that would have guaranteed us this safety seems to be already be taking advantage of the weakness we have in the system, the only little help we can do for our self now is just keep researching till we see one that will benefit us, even if its 1 ICO in a year, it is better to participate in that one than to gather bunch of ICOs that gives us unnecessary financial freedom hope and end up abandoning us in the long run.

I know that STO are no saints too but I think it may still be the best option for now if we are to participate in a genuine crowd funding projects and I see STO as being more relevant to hunters than IEO too.
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April 07, 2019, 06:21:22 PM
 #140

I am not impressed by any all of these, there have been a project called bitdepositary, it is purported to be fighting scam but its operations has not in anyway fight scam but the project itself is very close to what can be termed as a scam project so to fight scam I think it can be done more effectively individually by being deligent and doing necessary assignments
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