How can this project prevent or rather avoid funding a fake campaign at all? Is there any validations of the creators and developers before funding or investing on a particular project or platform? i'm well concern on the investors and companies that funds, specially working to profit money is very hard nowadays. how was that?
They haven't said or updated the steps that they will do to filter those scams or fraud ICO. Hard earned money is not easy to let go, so if you are being scammed by these it surely is heartbreaking.
Even though they didn't mention on their whitepaper on how to avoid or filter those scammer, i believe that Arizn has another way to filter it. Of course before they fund other busnisses or accept investors i am sure they will also conduct their own private invistigation.
Not just that, i am pretty sure that the team will not just investigate the project.
ARIZN will have their INVESTIGATION DEPARTMENT/TEAM for every ICO they will have for others.
they will not let their reputation be torn because of other project.
Agree, that reputation is also aim and believe that this project of Arizn will become succeed, due to the team are also knowledgeable to run the business in the field of crowdfunding,so that wisely investor are really like too.
Well it's no surprise that because Arizn's project has a system that is designed to maintain its good idea and reputation with regard to a project so it's no wonder that it's early enough to achieve success and because of its extremely difficult team, so with the help of crowdfunding so many it's more investors investing in it to help the majority.
Having a good reputation is a must with this kind of platform and ARIZN is truly aware of these things. Despite many negative things that a crowdfunding industry was receiving, ARIZN really wanted to make a positive difference to gain the investors' trust and interest on crowdfunding by using the latest technology that will protect every investor and give them a transparent platform for the sake of fairness and reliability.
Not just in this platrm but every business must got to have good reputation, it is one of the key factor to attract would be investors or clients. It is like it is the first thing that they will based their judgment of the company. So good reputation matters a lot. And i do believe Arizn have that.
"First impression, lasts"
We are educated already in cryptocurrency and what matters for a certain investor is a trust that he will get from the project. Though that business is aligned with Arizn, if the business is untrustworthy then it will not success.
Therefore, in order to attract the investors, a business or a project must have reputable asset like developer and team.
Well, I have to agree with you. The first thing we have to evaluate is the team of the project. We need to evaluate if each member is really qualified and applicable to the project. We are also doing a background check so we may know if the team already gain a good digital portfolio for themselves.