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Topic
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Re: How to combat the surge in scam ICOs
by
VTS
on 05/09/2017, 09:54:31 UTC
Maybe a community driven audit service?
https://bitcointalk.org/index.php?topic=2135456.40
That will not work: 1) Hard to choose said members. 2) Said members would have to *waste their free time* to essentially be doing someone elses homework. 3) Prone to abuse and corruption. As we've seen with other members in the past, they're willing to sell themselves out for a penny (e.g. Quickseller bogus escrow).

Some ANN fee
Should be mandatory IMO.

No answer, as expected.

1. Democratically voting members into the committee ( min 20 people to avoid corruption)
2. Make a fee for it and pay committee members and infrastructure
3. Needs much more thinking to find a proper working solution. But I believe its doable!
4. It can be never regulative more a added trust factor at the end always investor decides by himself where to invest under which circumstances...

But as said, its just a thought....