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.
I really like this idea, but instead of just knowing information to only one party why not both?
I have idea to suggest.
Don't make fun of this.
It is better to have a request from fbi so that a developer can run a project in legitimate way and can also help investors be secured. If developers are scam then fbi can trace them easily.
Is it exaggerated?
nope its not exaggerated. and im sure FBI are on the topic of ICOs. The ACO Platform have no problem with the regulators, authorities or governments...in fact they're are open to work with them.
the Malaysian SC have already called them up & they will be having a series of meetups to discuss further on how they can work together.