Finally ,a solution to fraudulent ICOs?

[florac9]

  As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

[JimmyNg90]

You can also check this one: https://tokensale.w12.io
This ICO aims to a protocol to reduce scam/fraud ICOs and project benefit of investors as well.

[Herlina]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

I think this ICO model is quite risky for startups because many speculators easily panic in this market, maybe FUD will be a weapon to destroy ICO projects because most people in this market are easily panicked by FUD and startups will go bankrupt if they return most of the project funds to investors, they can sell back the returned token but I'm not sure market demand will be enough to cover that

[Fishmaster23]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

The good news is that people don’t wait, but they themselves take control and increase quality. And this is a very good and correct step towards further development, I would add a project to reduce clones.

[otunyot]

I have seen many projects in the past that returned investors fund to them when they could not raise enough funding to move ahead with project. It is important that project also as investors are protected against FUD as well!

[cryptogeek101]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

The concept of reverse ICO(RICO) is a wonderful concept that will be welcomed in the cryptocurrency community, if implemented will go a long way in stabilizing the already dwindling cryptocurrency ICO market.

[slaman29]

I joined an ICO that had escrows, not the same as this RICO, but it was an idea that started out really well but still ended up disappointing a lot of people.
Escrows determine if roadmap goals are met, and distribute portions of the funds according to roadmaps.

But no accounting was done, we had to take them at the word that everything was done, so funds were transferred. Project failed. Funds lost. Some returned.

RICOs will end up the same way.

[Herbert2020]

we need to see how this actually works. in my experience there is always some workaround for these things that will render them useless in practice. not to mention that this will only be able to work with those ICOs that are obviously scam but it can not do anything else about the rest of them so it will be abused to hell by the rest as they will scam people in another non-obvious way!

[arpon11]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

That is great news and we do hope this really happens as to me the reasons why the market is currently down is due to the scamming icos that run away with investors investments. People have lose their saved to icos' scammers and some of them has to dump their holding because of this. Investors are just putting their fund on some few icos that are highly verified. If we can reverse our investments it will be a great thing.

[kendra1107]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

Well, there is always a solution to any problem. Like there's a medicine to most sicknesses. It may have taken a while but everything comes at the right time. Fraudulent acts have been rampant within the crypto space and it's about time that a solution is now emerging. Things will start to be brighter now. I think 2019 will be a good year.

[Muzika]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

if this will happen in the near future it will really helps the people to join a good campaign and not only the participants in the bounty but also it will take protection for the investors to the projects.

[FinanceX]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

Check out this article to help you avoid ICO scams

10 Signals Of An ICO Scam

https://medium.com/financex/10-signals-of-an-ico-scam-c8876502285b

[Airelves09]

Any proposal should be put into practice. RICO put forward its solution. We don't have enough information to get more. In my opinion, as long as we can solve most of the project's fraud, it is a positive solution. Let's wait for further information.

[fvb]

You can also check this one: https://tokensale.w12.io
This ICO aims to a protocol to reduce scam/fraud ICOs and project benefit of investors as well.

There are several projects like this to reduce ICO fraud.  With proper development and professional team, it will give good results.  The information in the article pleases, it's time to do it.

[Pmalek]

I have seen many projects in the past that returned investors fund to them when they could not raise enough funding to move ahead with project. It is important that project also as investors are protected against FUD as well!

Yes, but those are projects that are not scams but instead failed to reach their goals. Once they didnt raise enough capital they refunded their investors and that is how it is supposed to be.
This solution is meant for those ICOs that are trying to raise as much as possible in order to run away with as much as possible and scam the investors. 

[cryptotycoon33]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

This news information about the reverse ICO idea is a welcome development to cryptocurrency sphere,i believe it will improve the ICO investment ecosystem, investor will breathe fresh air and will be motivated to continue the crypto investment business

[robelneo]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

There's an advantage and disadvantages implementing this and the author have stated all of this but we would like to see how it's going to work once implemented, who knows what's going to happen maybe it will become successful and we will change the full structure on how an ICO is done.

[ohkkstaaahp]

I have seen many projects in the past that returned investors fund to them when they could not raise enough funding to move ahead with project. It is important that project also as investors are protected against FUD as well!

So investing in an ICO is risky, if we choose the right project, but the ability to raise capital is not enough, it will be difficult and we are tired, and if choose to project the fraud. will lose capital completely. It can not be saved anymore.

[avikz]

What is proposed in the article is effectively a centralization option directly against the nature of the cryptos! Think about it!! The option for reversal will have to be taken care by some centralized team or authority, it can't be achieved through a standalone person! So the proposal will create an authorized group who can and who will undertake such reversal activity!

While I am not directly against the thought because it surely a need of the hour to take some steps against fraud ICOs, but through centralization is not really a good option! More brainstorming is need to reach a consensus here!

[manojpatelme]

As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

Very strict regulation for those scam ico's are must if that will be possible it's would be very helpfull. Then finally we can put our money in crypto with a relief .