Reducing scam

[chenille]

Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of ​​a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.

I have written an article about here: rICO - an ICO where you can reclaim your ETH?

It's a new concept of ICO where you can get back your ETH after the ICO was closed if you are not confident in the project anymore. I hope some ICOs will try it, it will reduce scams for sure. 

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[blueteam09]

Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of ​​a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.

The market is getting worse, and the ICOs are getting less and fewer scam projects as they are no longer as good as 2017. ICO projects are always available, but investors are investing in one. How stupid and uninterested in verifying whether a project exists or not, they look at the promise of profit.

[btcfan87]

Hi guys!

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[modmalaney]

Yet there is much that can be done in this regard. ICO scams continue to exist and to be able to avoid or anticipate this is not an easy thing to do. scam keeps popping up and the policy for this does not yet exist. Maybe if the crypto will have become increasingly large naturally there would be regulation in this regard.

[akitha]

i think its very hard to deal with this one - reducing scam, everyday new project are coming out but we cannot determine properly which one is fraud or which one is true.. i think the best term is avoiding them..

[Arcanefist]

Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of ​​a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.

Sometimes a team is only one crook, and it restores the game just before the end of the ICO. This means that investors may not be aware of it before.

[great.crypto.finansist]

Reduction of fraud will occur only after a tight regulation of the work of ICO projects begins in the crypto space. First of all, the United States, China and Russia should be involved in this process. This will move the crypto market into a big leap up.

[NORD YGGDRASIL]

I think that this problem can be solved once and for all only through the creation of relevant legislation within each country, these laws should also comply with the policies of all other countries so that it does not happen that one side has some one position and the second country - have is radically opposite position about this.

[Pontorez]

It is likely that over time, something in this industry may change. But while the main rule for reducing the risk of fraud and losing money is that we must continue to learn, be attentive to the choice of suitable projects for investment. So we can significantly complicate the lives of fraudsters.

[adzino]

I don't think the government's furious approach to ICO regulation is the best way to get rid of scams. To implement the search for good projects, it is necessary to create an intermediary organization that will be independent of the government, but will provide arbitration services and protection of ICO investors.

ICO regulation might just stop some of the scammers who are fake developing the project. But what about other normal people who scams through various ways? They need to be stopped, but the only was is to be careful. If you involve an intermediary organization, you are just making the system somewhat centralized. This also causes issue for those who want to stay private. We just need to bring out a better solution.

[jpnl0008]

Well the one thing i know that can be done is that there should be laid down rules and policies to help regulate icos and cross checking every activity they perform to ensure that its original and not to steal peoples money

[bep42]

I don't think that managers are guilty here, among them there are lots of responsible people. But they can't know by 100% that a project is a scam or not.
The developers of the Ethereum wrote somewhere about the fact that they are developing the idea of a new contract. In this contract investors will be able to recover their investments, if a company defaults its obligations.

[Ryan_Priston97]

Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of ​​a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.

It's obvious they take their share

[Gabmot]

The issue of scam icos have actually done a long harm in crippling the good progress we were making before now. Believe me over 50% of the entire investors we had before had to move out especially because of this harm of scam. It's so serious it affected so many people's trust in block chain technology.

Personally, I think a regulation just as it has been suggested before now will go a long way in helping us.

[fibrolit]

I very much hope that all the same States will introduce regulation in the field of ICO,when the organizers of the ICO will be known to the masses,when fines or even prison will be imposed for non-fulfillment of the road map plans or non-payment to the bounty players. Of course,the number of ICO will decrease tenfold,but they can be included almost(I write almost, because all the same, the organizers can escape) without fear.

[BTCreward]

I think that only the study of the project can not be completely done, in order for the fraudulent ICO to become less, it is necessary to solve the issue with the regulation of the ICO. Need laws.

[rabinot]

I sincerely hope that in 2019 there will be much less fraud than in previous years before

[pieppiep]

it seems very difficult to be able to delete some scammers they always improvise and they always try new things and find out how to do a scammer against new people in the world of cryptocurrency.

[Ria Sakurai]

WE are working at regulation for ICO, this will help reduce scam. We can't refuse the fact that scam make market worse, we need actions to kill all scammers and make cryptocurrency market better, we must do this together.

[gostop]

Only ICO can be supervised before it can be achieved. If there are still a lot of scams, bitcoin prices will not rise. Only when the scam reduces the cryptocurrency will take off, so we hate scammers. It is the scammer that has caused the cryptocurrency market to enter a downturn.