Bad Devs and CEOs

[H1N1]

Right, some disciplinary acts will make cryptocurrency world scammers reduced.
But how ? You can suggest the community if you have some suggestions.
Nowadays, it is very hard to find a good and real one project because there are many projects unable to raise enough funds.

[nasipadang]

The problem is how to know that dev only wants to cheat except from the identity record track, but the identity can be disguised or use another identity. When developers promote their projects, developers usually behave well without, dev or CEO will show their ugliness when they get a lot of investors. I just agree that devs should be dealt.

[vintages]

This is why many are advocating for regulation though.
But the truth still remains that when caught or termed bad, you have nothing tangible to hold them to against.
They will say that they went to conferences and so as an act of marketing the project for the benefit of investors at the end, the project falling is not their fault, they will claim.
What's should be done is prevent low quality projects and any one who do not have certain from setting up ICOs.

[erickastella]

yes I strongly agree, the once beautiful world of crypto is now increasingly gloomy because there are many people who misuse their ability to make projects, instead of making good projects so that in the future it develops better and instead makes projects fool everyone.

[xiboothrezi]

Let's think calmly. If basically the development team is really a professional person, not fake, if what is expected from the development of the project is not on target then the project does not develop and ends up scams in the eyes of disappointed supporters. Moreover, the market situation is not conducive, only projects that are really strong with a good market capacity can survive.
Indeed, most of the current projects are not strong enough, seem to follow along and only take advantage of the hysteria of a booming market, but do not last long. We must be more selective, don't waste your money just to support projects that are not clear. For now, if you want to invest the safest in new tokens or coins is to choose IEO in global exchanges such as Binance, Okex, Kucoin, and other exchanges with a good reputation. Because the exchanges will not be careless to accept cooperation agreements with fake projects in order to maintain their good name.

[reality18]

Bad developers are the major bane to cryptocurrency progress of our time. They are the cause of the paradigm shift in the interest investors had for ICOs to IEOs. Bad developers and CEOs have tarnished the image of cryptocurrency with their unsuccessful and scam projects which leads many investors to run losses after investing huge sums of money. It is good to read ore about projects before joining in order to escape these bad developers.

[macchiato]

This is a decentralized world. No one is in control. The only shield investors have is proper research. Know whether these developers and CEO have history of scam projects. It's hard yes, but it's worth it.

[imutlinda]

Bad developers are the major bane to cryptocurrency progress of our time. They are the cause of the paradigm shift in the interest investors had for ICOs to IEOs. Bad developers and CEOs have tarnished the image of cryptocurrency with their unsuccessful and scam projects which leads many investors to run losses after investing huge sums of money. It is good to read ore about projects before joining in order to escape these bad developers.

yes therefore many references that say to look for developers who have a lot of experience. because the history of dev and ceo influences the superiority of the project they made, not just from the profit but more to the prospect of the project. If the dev or ceo has a lot of experience, every project they handle has a characteristic

[upyem2k]

Until there is a standard regulatory body regulating the cryptocurrency projects and investments, these devs and CEOs will keep having their ways scamming the populace of cryptocurrency investors and going scot free.

[TanakabZX]

Even KYC implemented projects still scam people and nothing is been done about it, i think the freedom is way too much that is why anything can happen in crypto invests, we just need to be on alert because there is assurance that scammers will keep targeting us

[joseyphil82]

All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer

[tambok]

All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer

Yes, hope that we will have national regulations for it, but for now, it is not yet possible as we will have a lot of considerations before that. So, right now, since we are free to decide whether we will join bounty, to invest, then we should take extra precautions about it. We should not just invest without thinking too much.

[Katashi]

Even KYC implemented projects still scam people and nothing is been done about it, i think the freedom is way too much that is why anything can happen in crypto invests, we just need to be on alert because there is assurance that scammers will keep targeting us

KYC is only applied for investors and i do not see it to give assurance that the project will not turn to scam, unless the team members itself went through KYC so if they run then investors can easily sue them because their identity is exposed. the best solution for this is for investor to become more vigilant and intelligent so they do not feed those scam projects.

[10c]

All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer

Yes, hope that we will have national regulations for it, but for now, it is not yet possible as we will have a lot of considerations before that. So, right now, since we are free to decide whether we will join bounty, to invest, then we should take extra precautions about it. We should not just invest without thinking too much.

they will not appear for a very long time. I see that the government does not understand how it is possible to regulate this area. they make assumptions but cannot take any concrete measures

[glendall]

All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer

Yes, hope that we will have national regulations for it, but for now, it is not yet possible as we will have a lot of considerations before that. So, right now, since we are free to decide whether we will join bounty, to invest, then we should take extra precautions about it. We should not just invest without thinking too much.

they will not appear for a very long time. I see that the government does not understand how it is possible to regulate this area. they make assumptions but cannot take any concrete measures

I don't think the government does not understand, but because there might not have been any pressure to regulate crypto, especially regarding projects that make ICOs because they get funds from the community.

so this is actually quite difficult to do even by the government, and we cannot blame the team, CEO or dev.
I suggest for beginners not to follow the ICO, because the risk of scams is quite large, different if the project has been registered in exchange.

[MI6]

All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer

Yes, hope that we will have national regulations for it, but for now, it is not yet possible as we will have a lot of considerations before that. So, right now, since we are free to decide whether we will join bounty, to invest, then we should take extra precautions about it. We should not just invest without thinking too much.

they will not appear for a very long time. I see that the government does not understand how it is possible to regulate this area. they make assumptions but cannot take any concrete measures

To create regulation, for all over the world maybe is not easy. When US make the regulation and some Project or maybe exchanges not allow US citizen to trade or maybe make an investment, already make a lot of cons. Especially from people who think bitcoin and other crypto can't be controlled by anyone.