Stop SCAM in the ICO market

[guoyu78]

scammers act as they please no one can prevent them, even strict regulations they can cheat, therefore to stop scammers is by not being fooled by their projects so that they don't get anything from what they do so they will eventually give up .

Well, the simple solution is stop investing in ICO. Do not participate in any of the ICO since the name has a sought of curse attached to itself. Better invest in the top coins or try your luck in IEO. They are the best alternatives of ICO and make sure you do not get scammed which is how their capture more and more market. ICO’s days are over now and yeah they scammed people with their millions of dollars, IEO now is an interesting spot to be explored and invest.

When people will be switching over to IEO completely, scammers in ICO may go jobless. I guess this is the only way on-which we may stop scammers in ICO field. But, it may take some months to years of time too as there are people who are still investing in ICOs.

[daporivera]

If truly, we want the mass adoption of cryptocurrency, then the first problem we need to be tackled is scam. It not completely eliminated, the rate at which people are being scammed should be reduced. People willing to adopt the system, want to be  sure, it is safe and promising for them. Just the same way, take for instance, No one will be willing to open a bank account account with a bank that You know can go bankruptcy anytime. The same way the bank made us feel self assured our money is safe with them, is the same way the people willing to adopt crypto should be self assured.

[Pamadar]

scammers act as they please no one can prevent them, even strict regulations they can cheat, therefore to stop scammers is by not being fooled by their projects so that they don't get anything from what they do so they will eventually give up .

And probably that's the accurate way to stop them, don't support them from both ends, if there's no investors they won't get anything, and to do that there's should be no advertisers from bounties to join and helps them to promote the project not only here but from all the channels that they can be seen and get any attentions from the target crowd of  investors.

[tonlong]

In my opinion, the situation of fraud in ICOS projects will soon be limited. Because investors will be wiser and they will not invest in ICOS but their investors will invest in New forms of IEO are becoming gradually replacing ICOS projects.

[shoreno]

scammers act as they please no one can prevent them, even strict regulations they can cheat, therefore to stop scammers is by not being fooled by their projects so that they don't get anything from what they do so they will eventually give up .

And probably that's the accurate way to stop them, don't support them from both ends, if there's no investors they won't get anything, and to do that there's should be no advertisers from bounties to join and helps them to promote the project not only here but from all the channels that they can be seen and get any attentions from the target crowd of  investors.

Indeed.  Thats should be the best way to combat scammers but there are still hard headed investors and bounty hunters that will keep on joining the ico that they see and they will blindly follow their instinc . scammers can be detected and theyl be stop but not totally because scammers are too many   .   some cant be take down permanently because even if you bust their site or accounts , they can still create a new one and they will scam again .

[futile-resistance]

scammers act as they please no one can prevent them, even strict regulations they can cheat, therefore to stop scammers is by not being fooled by their projects so that they don't get anything from what they do so they will eventually give up .

Exactly that is how you can get rid of scammers in the market. They are still in the business because these newbies in the market do not have good knowledge about the cryptocurrency and the tokens being offered. They fall victims to the scammers who deceive them by promising great returns and other things.

IEOs in the crypto space has actually reduced this thing but there are still many ICOs being conducted in the market that may try to scam people. Some people are still doubting that IEOs also may start scam its investors by listing fake projects into IEO platforms. No one could ignore as scammers may join exchange operators to do so.

[redsun114]

scammers act as they please no one can prevent them, even strict regulations they can cheat, therefore to stop scammers is by not being fooled by their projects so that they don't get anything from what they do so they will eventually give up .

Exactly that is how you can get rid of scammers in the market. They are still in the business because these newbies in the market do not have good knowledge about the cryptocurrency and the tokens being offered. They fall victims to the scammers who deceive them by promising great returns and other things.

IEOs in the crypto space has actually reduced this thing but there are still many ICOs being conducted in the market that may try to scam people. Some people are still doubting that IEOs also may start scam its investors by listing fake projects into IEO platforms. No one could ignore as scammers may join exchange operators to do so.

Yes, it is time for IEO to replace ICOs in the crypto space, though a lot of people say that the two platform are the same, but I don't believe that because I have invested in both, the big difference between ICO and IEO is that IEO is being controlled and ram by big exchanges that have made name and built trust for themselves, this way investors would have more confidence in the project because they know that this exchanges will make sure they monitor those projects since they want to project their reputation by all cost.

[bendernine]

certainly not easy in eradicating scam projects especially those that are easy to enter the market because projects like that can amount to tens or hundreds so that many people become confused between the original and the scam if we can be vigilant, surely we can choose the right project.
such a project can immediately disappear.

[TrevorS]

I think that identifying scams should be the primary task for anyone who chooses to contact ICO. There are too many ICOs on the market, too much scam, too many bad projects, therefore it is better to invest in IOE.

[unbotak]

I think that identifying scams should be the primary task for anyone who chooses to contact ICO. There are too many ICOs on the market, too much scam, too many bad projects, therefore it is better to invest in IOE.

for now I also prefer to invest in the IEO because it has more potential to benefit compared to ICO because currently most ICOs are fraudulent or fail.
and our duty is to help spread the deceptive ICO so that people will get to know the problematic ICO.

[De_nis]

it is interesting idea, for sure community needs some desicion to stop scam, but it need to be official company, which will regulate all ICOs

[jjjfff]

but it need to be official company, which will regulate all ICOs

So we built a fully decentralized wonder of finance just to centralize it back into one regulator's control? I don't think so.

[Astvile]

Someone wanna stop scam icos using an ico too,interesting move my friend how are you going to do it?How are we gonna be sure that youre not one of them,fighting them is easy to say but standing on your words is hard

[makerst]

The most important thing that you can do now is find the opportunity to do it. It is the opportunity that should show us with you how to do it correctly and what exactly today cryptocurrency investment can give us. This is our life in cryptocurrency!

[Odetolala]

Scams are difficult if not impossible to stop entirely, but it can at least be curtailed to a very large extent, SEC and other related bodies just have to be more strict in tracking down people in anyway involved with scam projects

[Tomcolor]

This is most important think scam ico is the real problems in the crypto market. For scam ico, many investors have lost their money and are still missing. At this time a lot of investor lost only for scam ico. So finding out scam ico and extracting these from the crypto market is indispensable.

[19Nov16]

Scams are difficult if not impossible to stop entirely, but it can at least be curtailed to a very large extent, SEC and other related bodies just have to be more strict in tracking down people in anyway involved with scam projects

There are always opportunities for scam, this is what makes investors and we have to be vigilant, too many projects that promise big profits, but if it doesn't make sense then that is a sign of a scam.

[trudovik]

I don’t understand how to treat this correctly, because I don’t see ways that would really help us to make this world cleaner and better. I see that now there are opportunities for this, but the only thing I can say is probably KYC for developers

[pungopete468]

At this time, Iico has already caused a lot of losses to many people and investors' trust in ico itself has been left behind a lot. The IEO as a substitute now has many advantages and attracts the attractiveness of investors to invest

But I also saw from several people who followed the IEO and ended up losing again. Will it be the same as ICO for investors?

they did not get it but did not get a loss because they did not get a share of the sale. and in my opinion this is a natural thing than we compare with ico, which at the moment is very detrimental to many people.

[dabenko]

For the fact that we have seen so many IEOs succeed, does not mean that investors cannot be scammed. We have to be careful when participating in IEOs as well, because there are some newly lunched exchanges, that are out there in the crypto psace, looking for investors to scam. Most of them have fake volumes, so they lure traders and investors with their fake volume and trading bots.