Fighting fraudulent projects is a good thing. But, on what basis will you decide which project is fraudulent, and which one is not? Who gave you such authority? In order to influence the opinion of investors, you need to earn authority. But, I support the idea.
You are right. It might be a difficult task to discern what projects are legit and which ones are not. It is not only about having authority or not. Its also about research and having some criteria set to make the decisions. It is on the best interest of the project and ourselves to be able to make the right choices since one of the benefits of holding Bycom is that it will work as some kind of insurance to cover investors in case they invest in fraudulent projects. No insurance would like to cover the losses if the project is legit.
Regards
BY COMmunity TEAM
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