Quote from: harizen on February 06, 2018, 09:49:34 PM

Quote from: VladWulf on February 06, 2018, 05:23:52 PM

- Scams attract regulators
- More scams attract more scammers
- People invest blindly but if given the change to understand a project based on a professional analysis I'm sure many will think twice between sending those guys money.
- You know what is worse than exit scams? Shell projects that never get finished or have no traffic because their use case is pure BS.

I propose listing all the ICO scams here that can't correctly justify their use case, presumably scams:

Sometimes investors doesn't tend to look at any list so I see it will not be effective. There are also cases that an ICO will show their great innovations at first but after investors already throw away their money, then that is just the time that a scam ICO will show their true colors so in the end, still busted.

Well there are obvious scam so I doubt others can still eat the bait here but generally, it's up for investors itself to make an adjustment so that they can minimize the risks of being scam. As for me, the always thing Im looking for an ICO is pure exposure not just on the web but on the physical appearance itself like helding seminars, events etc. In this way, somehow* we can see that they are really transparent. Another one is legality and must be approved by SEC. Another option could be, Bitcointalk community must imposed a "payment" before anyone can promote an ICO here.

Although not an assurance after all that there is no scam thing even my considerations will take placed on a certain ICO, but at least it can minimize the risks. So overall, it's on investors side who have to adjust.

At the end of the day, I fell most of these problem comes from investors. They just gladly take whatever is being thrown at them and since that has happened several times, more scammers tend to see it as a way to make more money, and hence, we keep seeing more of them stepping in.

Glad that we have someone like OP is standing up for a cause like this, as it is time investors started realizing that, not all ICOs should just be grabbed without being logical about it.