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Re: How to combat the surge in scam ICOs
by
wizzard0
on 26/08/2017, 17:51:37 UTC
One thing that I think is sorely needed among these ICOs is a standardized list of terms.  Some of the ICO whitepapers I've read have such horrible presentation and lack of concrete information that I can't imagine anyone investing anything in them, regardless of the potential of the concept.  As someone coming from an environment where I have reviewed many (far too many) IPOs, the quality bar of ICOs needs to be raised.

I agree. A template term sheet with typical properties would both simplify comparison by participants and act as a quick sanity check for moderators too.

Works great on a torrent boards where a lot of similar releases get posted and otherwise need to be carefully sorted like "is this a reencode? what is the quality? what are the languages/subtitles etc?"