Mandatory live video for project developers or team

[Lawrenzoo]

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICOs.

[rafi035]

A good idea, too, but they can't do that because it's just a waste of time, if you want to know their faces as developers, you can see from the results of the meeting they were photographed and published here.

[jaywizzy]

This is a good idea but I don't believe the project owner or team member will not do that because ICO is not regulate by government.

[baigreen]

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

You know what the problem is. That they are so arrogant today that they do not hide their faces. Just countries choose without deportation. And they live there. How do I know this. Because several famous people even promoted fraudulent projects. And they fell into this. Of course, a well-known team will attract more investment, but if they want to cheat you deceive and so. See how many successful people on the Internet in advertising. Fraudsters and actors.

[JuggSlash]

Well. There are so many projects which have not been reveal their team faces yet but they are success, but there are some of projects who reveal their faces but they just at the mid range.

[Viper_Unleashed]

Good idea but making it fruitful will be great issue because projects that have strong background and motivation will eventually survive and will provide good results.Mere video call will do no good to this.Already we are facing different regulations that are ought to come in different countries and many things are to be involved.Once strict regulations and laws are imposed it will be a little safe for the investors.Until then things will continue as it is.More and more people falling victim.

[Red-Apple]

that will not change anything at all! the scammers don't fear anything these days, look at Craig Wright for example who is the biggest one. he is still scamming in broad daylight and keeps on making appearances!

the only thing that matters for a project is the project itself. look at bitcoin for example. we don't even know who Satoshi is let alone seeing him but there still are millions of people around the world who are using bitcoin as payment or as investment because they see the "project" itself and what it offers.
when all the ICO tokens are creating is a useless garbage, a video is not going to change that.

[kaya11]

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

If they meant to scam you in the first place then don't bother doing things like this. Even the great Satoshi Nakamoto is anonymous but still manage to create Bitcoin and succeed. There are many ICO prject who didn't just need to Skype you online but meet you in person when they are still promiting their token but still they failed on succeeding. No point at all.

[alexsandria]

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

In some sense I can say, it is not going to be effective to make a live video, we are just making them do a much harder work for what? To see their faces that we don't even need. We should focus on our businesses and not might their faces. Improvements to the project is enough to say that they are doing their job to the finest.

[dungp3132]

I was wondering if it will help solve the issue of ICO scam, if we make it mandatory for all ICO Project developers to compulsorily do skype call with potential investors before promoting any project, or do a presentation of their project and post it online showing their faces, so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

Who are potential investors? So I guess you meant that they have to do Livestream with community before starting their ICOs. Even they do like this, it won't guarantee that their ICOs are good, and they won't run with money crowdfunding raising from ICOs and abandon their projects later. Or they can develop something stupid as a proof that they actually develop their projects, but unfortunately at the ends their projects fail. In such cases, will videos can be helpful to judge and find them for legal accusations? I believe it won't be helpful at all.

[batang_bitcoin]

I get the idea of verifying if those people that are posted on their website as a team to see if they are authentic.

But a scammer would always be a scammer and they don't care even if their faces would be posted online. If they have plans to scam their investors, they will do it.

[Gabmot]

Very good! Alongside this, showing some sensitive personal info about themselves will also contribute greatly in shooting up investors trust level, hence, making people interact with them and their projects on open grounds.

[eternalgloom]

This would be almost impossible to enforce, there will still be many scams around.
Besides, that should not be a requirement, how much time would be wasted if every ICO dev had to make a skype call with potential investors.

How about you just do a bit of research of your own and stop throwing money at everything you see?

[icalical]

what do you mean by mandatory?
how do we make it mandatory?
I don't think we can make the system to demand all ico to do a live video, however I do believe every investors have their own standard to decide which ico they want to invest. And live video could be one of them.

[tomahawk9]

so that we can see their faces directly and probably be able to apprehend them in a case of fraudulent activities. We have to save ICO.

That still won't stop people from scamming. Scammers will always find a way to get around whatever obstacle they find, to them, the end of justify the means. Plus, anyone pouring money into these ICO projects just because they saw the faces of the people behind the project can't be called an investor.

The only way these ICO scams and exit scams will stop is with a solid regulatory framework issued by the governments. That way, the teams behind the ICOs will have to comply and go through a rigorous process to protect both them and investors without the former having to expose all their personal info to the public if the prefer not do it.

[gabmen]

Well they'd still be anonymous unless you can verify that they are who they say they are. But compared to how ico teams handle projects right now, i think it'll boost confidence a little. People should at least know how the people they're entrusting their money on look like.

[justspare]

This is a good idea but I don't believe the project owner or team member will not do that because ICO is not regulate by government.

You see, I love this topic of discussion very well and I think it is a meaningful idea, if they don’t do that, then we should not participate, we need to understand something in this investment, they are not our boss totally, we are their boss, we employed their services to look after our investment and not to come here and control us unnecessarily by pushing what is not accepted to us.

If they are serious and they really need our money, then they will abide by us too, we both need each other, they need us and we need them, they have their rules, we have our rules too. If we can give them our own KYC docs too without government regulation, then simply identifying themselves should not be an issue.

[Ailmand]

I guess that would be a good idea and would assure most of the investors that the project flow would be better but I don't think every Ico developers could do it due to the number of investors. It will also take a lot of time so I guess they wouldn't too much effort to do it. Most developers would love to hide their identities.

[julius caesar]

A good idea, too, but they can't do that because it's just a waste of time, if you want to know their faces as developers, you can see from the results of the meeting they were photographed and published here.

Quite the same with my point of view. I am a developer also, and I am not in favor with a live video for a project because in the first place, we should not be the one to be blame. We are just getting paid from our jobs and there are higher project member that manages the core team. I hope you understand that.

[thesmallgod]

I think this will also be good because I believe many dev hide their identity in order to prevent them from being arrested when they defraud investors. However, I personally think investors should also consider investing in projects that are fully registered in the country of origin and the license agreement and other document should be made available for investors on the website. We have seen in the past where project will use photoshop image of individuals and also forge document but with a license, it will be easy to trace them.