Reducing scam

[Invigorated]

The first step towards this will be enacting regulations and laws as to the operations of the blockchain industry. It has been abused beyond control leading to several scams and atrocities perpetuated all in the name of floating crypto projects. If this is done and done right, then we will have eradicated over 75% of the problems currently bedevilling the industry.

[Fedots83]

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.

We all hope that over time the number of fraudsters on the ICO market will decrease significantly. After all, this will restore investor confidence, attract a lot of money and ensure the development of the industry. But while I do not see which tools will allow us to effectively regulate the market, so investors themselves must be smarter, you need to carefully select the appropriate ICO.

[ZEIIMAN]

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.

We all hope that over time the number of fraudsters on the ICO market will decrease significantly. After all, this will restore investor confidence, attract a lot of money and ensure the development of the industry. But while I do not see which tools will allow us to effectively regulate the market, so investors themselves must be smarter, you need to carefully select the appropriate ICO.

In my opinion, if there is no any way to reduce the Scam projects in cryptocurrency. With the increasing popularization of the number of scams will increase.

[Tervelatuk]

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.

We all hope that over time the number of fraudsters on the ICO market will decrease significantly. After all, this will restore investor confidence, attract a lot of money and ensure the development of the industry. But while I do not see which tools will allow us to effectively regulate the market, so investors themselves must be smarter, you need to carefully select the appropriate ICO.

In my opinion, if there is no any way to reduce the Scam projects in cryptocurrency. With the increasing popularization of the number of scams will increase.

maybe the way to decrease scam in cryptocurrency market by reducing projects.more projects appear more scam potency will occur in this market.maybe we need standardization if new projects developted.

[lovesmayfamilis]

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.

We all hope that over time the number of fraudsters on the ICO market will decrease significantly. After all, this will restore investor confidence, attract a lot of money and ensure the development of the industry. But while I do not see which tools will allow us to effectively regulate the market, so investors themselves must be smarter, you need to carefully select the appropriate ICO.

In my opinion, if there is no any way to reduce the Scam projects in cryptocurrency. With the increasing popularization of the number of scams will increase.

The more popular in the world of cryptocurrency, the more scam projects will only increase. The flow of people who want to get-rich-quick will not stop. Summer is coming soon, and then there will be more projects than now. Countermeasures should be at the legislative level. If fraudsters are punished at the legislative level, then perhaps this will stop the desire to create scam projects.
Meanwhile, everyone who wants to become an investor must think many times and carefully analyze the project in which he intends to invest

[rose9696]

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.

Luckily, we have the solution. STO and IEO are born to stop scammers. Only good and practical projects can be supported by exchanges and licensed from government agencies.
To avoid scams, people should invest in STO or IEO projects. Please avoid ICO because it only contains scammers.

[AztecGoldHero]

%90 of crypto projects are scam, %90 of crypto teams just making twits, and %90 of that projects are useless even if they have products, i saw lots of project made their promises but no body use that because no body need that so even they make their product that doesnt mean that coın wıll fly people dont need a new coın to rent e car for example, if they want to rent a car wıth crypto they just make ıt wıth btc or any other known currencıes, not an unknownd new potentıal scam coın

[junkerr]

maybe the way to decrease scam in cryptocurrency market by reducing projects.more projects appear more scam potency will occur in this market.maybe we need standardization if new projects developted.

if many projects that appear are my good projects we have no problems. but most of what is happening now is that many ico are carelessly coming and deceiving many people.
I think a lot or at least the project is not a reason. may need more stringent regulations in making a new blockchain based project.

[dipeco]

I believe that it is getting much better, because I do not hear a lot about recent projects that turned scam. I think that IEOs have recovered things and it is now much more difficult for scammers to trick not only investors, but exchanges as well.

[steveabrahams]

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 think use escrow is good for this kind of ICO, the recommended escrow one obviously. It's hard to reduce scam actually on ICO because we never know if that person want to scam the ICO or not. So just invest to a project that have a good team member behind the project.

[yobo2020]

We have discussed this topic time without number, as for now there is nobody regulating ICO and that is why scammers number is increasing everyday in crypto. My advice for everyone in the business just have to be careful when investing in ICO.

[jerrison]

Its quite unfortunate that nothing can be done about this present situation or challenge we have in the aspect of scam and scammers but i do suggest a quick and easiest way is to ensure we look out for projects with prospect and prestige so we dont not become preys to scammers and their deciet

[hulla]

We have discussed this topic time without number, as for now there is nobody regulating ICO and that is why scammers number is increasing everyday in crypto. My advice for everyone in the business just have to be careful when investing in ICO.

Regulating ICO might be the solution to reduce scam which I think the US SEC ought to have done by now when they make statement about it but there must a tangible reason why they choose not to implement it again and I believed the disadvantage of the regulation is what make them withheld it as at now.

[playbtcgame]

Before I participate in any ICO or bounty, I got to read more about that particular project or ICO. There has been a lot of scam projects I have participated in and it is my worry when I realise it at the end. Read more about projects before u start participating in them.

[bonker]

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.

Reducing scam is in our hand,if there is no one to invest on those project they will eventually fade over months or years.But these days scam getting increase which literally means that people are ready to invest on any project which causes scammers to target cryptos.

[wedosgibas]

Well, everyone wants to make their own coins and be popular, even though their functions are too forced. New investors, will be provoked by their excessive promotions, and that is the end.

[tsaroz]

In order to reduce crypto related scam and save the money of its people, every countries should come forward with regulations to check any companies issuing an ICO within their jurisdiction are doing as they had stated and only allow them to issue an ICO when at least 25% of their initial funding and development had been made by the team or private investors.

[andrearz]

Strict regulation when there are still many ICO Scams that have surfaced, I think regulation must be increased again so that quality ICO can dominate.

[Novatech8]

There is nothing that can solve this scam issues presently as far as investors still choose ICOs to invest in, many are moving to STO and IEO and I don't blame them, investors are tired of ICO scam games

[Falgorn]

In order to reduce the amount of fraud in ICO projects, we will still need government regulation of this type of activity. Such regulation does not necessarily mean violation of the principle of decentralization or other principles of the existence of a decentralized cryptocurrency. We are talking about organizational regulation: checking the ICO team, determining the rights and obligations of participants in this type of activity, protecting the rights of investors, and so on. These measures can, if not completely remove fraud from ICO projects, then reduce it substantially.