Post
Topic
Board Serious discussion
Re: Any knowledgable thoughts on how to create a healthy environment for ICOs?
by
fernandoaleixo
on 05/05/2018, 14:39:20 UTC
Throughout my experience, i came across a lot of ICO scams. Wouldn't it be great if we can find a way to fix this? Apart from doing due diligence & research on your own, is there any other way to invent some kind of safety features for the ICO dilemma? Let's share our thoughts & idea here...something that's realistic perhaps?

One initiative I am very happy with is the "Inverted KYC". IcoBench asks members of the ICOs team´s to prove identity and possibly a bit of the background and makes an special mention of those who pass this requisite.



This is the perfect example. Another one is creating ICO with real-world benefits, it's not uncommon seeing RL companies offering their shares/services for cryptocurrencies. If you can afford, this is a really good way of business.