Scam projects, what should we do!

[marshalljp]

This year we have witnessed many scams projects that we have invest in more than others years.  I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.

I don't think a government cares about the scammers. We need to take care of ourselves by ourselves. The effective way of doing this is sharing your negative experience and knowledge here on this forum. This way we can inform each other about the scam projects and prevent other people from getting into that trap too.

Basically this. More people need to speak up for better or worse. Knowledge is power.

[joybella]

Why this year took the lead was due to how easily ICOs raised money within split secs last year so every Tom decided to deploy their smart contract, draft a whitepaper full of many lies and grab investors money. What I do no is if such a project don't have an MVP or haven't been in business in the real world, I don't invest.

[Pelana vreo]

The current fraud project has dared to appoint a real team, they have a discussion by making video recordings, as if their project is successful and has better technology, hopefully there is a way to handle the ico scam project because it harms many people.

[DeKingCrypto]

I believe what we should as at now, is to move on to another project, many projects these days are just out there to scam people and nothing is been done about it, it is very annoying.

[ethereumhunter]

The only way we can do is leave the project as soon as possible after we know that the project is a scam and don't overthink about the rewards because they will not pay the bonus to the participants. You need to know the details of the project before you join and make sure that you already make conversation with the manager and the team, so you know how good the project. Although it is not guaranteed, at least you can think twice to join in that project or not, and it will make you more careful.

[Cat Coin]

Now there are a lot of scams on the market, as it is difficult to check and prove fraud. It is necessary not to believe very fast and tempting offers, to study, to find communities and to invest in such perspective small means which it is not a pity to lose.

[Rashid pk]

There are many scam ICO's projects and it is not safe to invest them now. I'm not an investor, I do bounty, airdrop only.
As my way, I usually check project before participating in or ask some of my friends who have experience in evaluating the project and decide to join which project.

[jakiro.hovard]

We still have nothing in our arsenal of new tools, so I think it would be best to also hone the opportunity to analyze the projects that are on the market today, so we just try to find out everything we can about the team.

[Ri Polok]

Check their idea and their product first. Its the important one. Cause if their idea is really a brilliant idea and their product is good too then of course it will attract the investor to join them.
After that check their developer background skill.

[youcansee]

The current fraud project has dared to appoint a real team, they have a discussion by making video recordings, as if their project is successful and has better technology, hopefully there is a way to handle the ico scam project because it harms many people.

perhaps what can be done to prevent this is to be increasingly tightened on all regulations to conduct ICO projects. because now it's very difficult to determine which projects are safe and which are dangerous, because the difference is very thin

[shendy]

It's better to avoid scam projects if we find, indeed there are so many promising projects and this, of course, we must be smart to find it.
If you find a scam project then stay away from it.

[Tylev]

In any case, ICO needs government regulation. Fraud, when large sums of investors are appropriated, is a crime and the state is obliged to intervene and look for not only criminals, but also ways to protect the victims so that such crimes do not recur. States have been inactive for a long time already. However, simultaneously with the legalization of cryptocurrency, the state will be forced to regulate the activities of ICO.

[imran1997]

Yes I agree that in this year many scam projects we have seen and this is really unexpected for everyone. But  past  is past now we have to more careful about this so that we don't got scammed again.   

[tonibyuzen]

The fight against fraud has already begun and soon such projects will be closely on the market. On the part of the state, legal documentation is being developed, according to rumors, projects will have to have a certain amount on their account, and the product must be ready or almost ready, only after that it will be allowed to conduct ICO. In addition, blockchain platforms are being developed to protect users from unscrupulous developers.

[Hoenya]

This year we have witnessed many scams projects that we have invest in more than others years.  I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.

in my opinion there is nothing tat ypu can do about scam projects as there are so many of them and so little chance

[Hoenya]

The fight against fraud has already begun and soon such projects will be closely on the market. On the part of the state, legal documentation is being developed, according to rumors, projects will have to have a certain amount on their account, and the product must be ready or almost ready, only after that it will be allowed to conduct ICO. In addition, blockchain platforms are being developed to protect users from unscrupulous developers.

you willnever be able to do anything about scam projects as there are a lot of them and there will be much more every sedcond

[KarinaMix]

The scammers aren't going anywhere so we don't figure out how to deal with them they will always come up with something new and I think there will only be more scammers.

[aldencio]

This year we have witnessed many scams projects that we have invest in more than others years.  I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.

i do not really think that we can do skmething about scams and scam projectsa s there are a lot of chances that we will fail

[Gumpfire]

This year we have witnessed many scams projects that we have invest in more than others years.  I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.

There are really a lot of scam projects nowadays and also there are a lot of investors who also a victim of scam, i think this is the kind of reason why the governments of the countries would not like to accpet cryptocurrency because they think crypto is just a scheme to scam other people. Hoping that this scammers will be put behind bars because a lot of people are losing there money and time just to participate in their bounty campaign.

[michael23]

I'm afraid that without the support of the relevant structures, there is little that can be done, since there are a lot of scams and they are constantly becoming more sophisticated. My advice to you, just do not invest in ICO yet.