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Re: How to combat the surge in scam ICOs
by
Hackabu
on 28/08/2017, 11:15:48 UTC
While being new to this community: agreed. The amount of scammy or just super unprofessional ICO's is astounding.

The idea of charging 1 BTC per ICO thread is interesting, but has some flaws too: first of all, how to administer it? Either, there would have to be manual approval (which might take a long time, if a lot of requests come in), or a complete payment gateway would have to be set up (which I find hard to believe, considering the simplicity of the forum software).
Then there is the question of how would the newly-financed task force operate? Would it be pre-approval, or removal of scammy ICO's after the post has been made? And who would be the judge on borderline cases?

But in general, yes, I believe the current Altcoin forum is almost anarchy, and something should be done to rein in the scammers and spammers. I like the idea of fixing some rules on terminology and minimum standards. I also have another idea: how about banning completely new acounts (such as my own, actually  Wink ) from posting in that subforum? So that, for example, only accounts with 100 activity or more post there?
This might root out some of the throwaway spam accounts that are created purely for spamming up one ICO and dissapear afterwards.