between whitepapper and reality

[Absolutep]

The team behinde the project are much more important to me than the white because even scammers can come up with solid white paper.It is very important to pay attention to the team and research them.Law or no law,scammers will always exist.

[Milamol]

It is necessary to develop a system of reliability , which will allow to exclude a number of unfair projects from the list of investors, will save our money and trust to the scheme of ICO. Perhaps it will be a KYC for projects, in which the project representative must register himself before posting announcements about the project on this forum and conduct their ICO.

I also have this idea. In this context, it always seemed strange to me why they require KYC from investors and bounty hunters. In the end, they have no active influence on the project. At the same time, the responsible public person of the project can be a guarantee for investors.

[restumaulana]

sometimes what they show on the whitepaper seems redundant and not everything they do in detail and accordingly, it is unfortunate indeed, but not all ico like that

[spaso_87]

This is already a risk for experienced investors to ICO. There are no legal entities that address this because in track scammers are not something that is easy to do. a good analysis will help keep from ICO hauled off a scam. Perhaps if there is an escrow it will be better because when would be a bridge if it met in the scam.

[michellee]

I see a lot of fake ICOs that are on this forum and have taken a lot of casualties.
many investors lose their money.
they offer tempting benefits but in the end they cheat and it's clearly against the law.
how can they get away with this forum and this will make crypto electability destroyed.
sometimes I ask whether there is a legal legal umbrella to protect investors where they complain and whether there are legal sanctions for those fraudsters.
and I want to see your opinions and solutions about this.

They only make cryptocurrency bad, and they will lose their chance in the future. Many people now are afraid to get lost from the ICO, and it seems, they are waiting for something new before they reinvest. Yes, they can get away with easy especially if they can get much money from the investor but I am sure that they will get what they did before and I hope that they can get something bad that will happen for their life. I am sure that there will be a law to protect the investors so they can feel safe to invest their money.

[anggriani]

just like heaven and earth, where the whitepaper is a dream that has never been achieved and that is the reality that happens today. for now there are no regulators that can guarantee an ico and provide guarantees to investors. this is indeed a dilemma and often takes a lot of victims, I think this forum has been very thorough and always provides interesting discussion or knowledge. there are many ico scams revealed, whether by moderators, DT members, or other users in this forum, of course in this case we cannot be alone to fight it and we must work together to eradicate it.

[Tarion]

This forum is a great opportunity to see if an ICO is scam. There are a lot of great community members, that are identifying scam ICOs and posting about it here on Bitcointalk. But usually nobody read these posts. Be more selective guys.

[lifesgood10]

I think your subject is different from the body of the post
Whitepaper is the supposed plan or view of the reality we are to expect and it means a lot
If the project duly works out you get to the desired destination of the project

As a so called investor, you should be able to identify fake whitepapers or stolen whitepapers
Always do your own research

[Xiaolongnu]

In whitepaper they tell very much about their products, their vision but until now i don't see any project provide exactly what they described in their whitepaper yet.

[Thanasis]

I see a lot of fake ICOs that are on this forum and have taken a lot of casualties.
many investors lose their money.
they offer tempting benefits but in the end they cheat and it's clearly against the law.
how can they get away with this forum and this will make crypto electability destroyed.
sometimes I ask whether there is a legal legal umbrella to protect investors where they complain and whether there are legal sanctions for those fraudsters.
and I want to see your opinions and solutions about this.

Scams are not moderated in this forum so we need to be careful about the scams but we have a section to report those scam projects where we can find almost all the scam projects running our forum so people to to have a habit of visiting that board if they are bounty hunters and ICO projects which will be really helpful for them.

[grifinmch]

Crypto is indeed a very promising and even being too promising thus is used as a method of scammers to get profit. many of the ICO is indeed a scam, and it always exists between it. have escrow I think that could be said to be safe and also need a lot of analysis to determine whether this is good and not to follow.

[Tory-Tory]

I see a lot of fake ICOs that are on this forum and have taken a lot of casualties.
many investors lose their money.
they offer tempting benefits but in the end they cheat and it's clearly against the law.
how can they get away with this forum and this will make crypto electability destroyed.
sometimes I ask whether there is a legal legal umbrella to protect investors where they complain and whether there are legal sanctions for those fraudsters.
and I want to see your opinions and solutions about this.

No legal protection exists if the company is not located in the USA. So many ISO frauds just because investors are stupid and defenseless, they have no one to help.
And the name of the topic needs to be changed:  between white paper and reality there is a abyss)))))

[igor.vanyutin.83]

Almost no ICO nowadays has a product, at least an MVP. It is normal, that ICOs are writing a whitepaper, open up a community and start to collect funds already. We need to see more working products from the top 100 coins.

[sud]

I think there is no solution for this problem unfortunately. There are so many new ANN threads with scam tokens, it is simple impossible to keep track and moderate all of them. But we should at least try to delete or tag confirmed scam threads, so new users will be aware and won't invest any money.

[learntonoob]

We can not know which one will cheat on us for 100%. Be selective and very carefull before choosing any of that.

[turkmachiavelli]

Absolutley you are right but this issue is really complex to understand and solve. I think that bigest work is on us in this issue because ıf we search a lot things about these icos like you are saying, We can decide which is trustable or scam.

[antsam]

It is very unfortunate that it happened in a number of ICOs, I only recommend that choosing ICOs choose by reading the Whitepaper and seeing the people behind the project. There are several ICO projects that already have legal entities, such things that can be considered by investors

[yslyv]

well, i also saw so many scam project with very well prepared whitepaper. so whitepaper is not my reference anymore. i check team more. team must be known, real and popular people. and they should be accessible as well.

[oioi]

I see a lot of fake ICOs that are on this forum and have taken a lot of casualties.
many investors lose their money.
they offer tempting benefits but in the end they cheat and it's clearly against the law.
how can they get away with this forum and this will make crypto electability destroyed.
sometimes I ask whether there is a legal legal umbrella to protect investors where they complain and whether there are legal sanctions for those fraudsters.
and I want to see your opinions and solutions about this.

well
interesting
as far i know ,
forum have no special actions about such things.
of course on forum have special person to judging something like that,
but , u know , since a millions ico come ,
its very hard to finding them one by one.
btw, dont judge to forum, because that not 100% mistake from forum
actually the point about it just from investor self, i guess.
research and research before joining , about profit ,
we can talk if their project success,

I strongly agree not to blame the forum because the forum is only for discussion,
the problem of an ICO is fake because of the lack of investigation of someone who
jumped in the ICO, as if he would invest carefully he would not fall on a fake ICO.

[BogdanGFTP]

I think that if crowdsales will remain decentralized we will see a lot of scam projects again and again. We need more centralization for quality control like it is in Kickstarter. Decentralization is good for payments but is not so good for investments.