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
) 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.
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
) 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.
I too would have to agree with this. There are a massive amount of scam ICOs today, (while being new to the community, I have read through most of cryptodevil's recent threads and I have to say it is very interesting).
However, a problem I can see with this is that if people are setting up a scam ICO, they are most likely going to devote to it as it is certainly a lot of work to make it seem legitimate. Therefore, I am sure that they are willing to pay even a 1 BTC fee with hopes to raise more.
Look at LustICO for example, they have already raised more than 1 BTC and have also been labelled as scammers. Even if they had paid a fee, they would still have surely gone a head with their operation. In the end, I think it is a great idea, but I do can't really see the 95% reduction being a reality, however I may be wrong.