Post
Topic
Board Altcoin Discussion
Re: The crypto space must be sanitized
by
happyme1818
on 20/09/2018, 11:57:07 UTC
We are in a system where so many ICOs come in to attract investors. Some end up succeeding, while a larger percentage either fail or end up being scam.
Yes, we are operating in a decentralized system, where individuals are in full control of their assets. Yet, a decentralized system can still be controlled under a trusted body, when it comes to lunching an ICO.
Yes, every developer has the right to lunch an ICO and we have ICO listing sites. Since most of these sites have compromised in their listing, why don't we have a trusted body, that would volunteer, without collecting any charges, at least to sanitize and purge the system of scam ICOs.
Every developer that registers with them should be questioned and be ensured to have good integrity.
Then investors will have the confidence to invest into any of the projects.
Well, this may not outrightly nullify other ICOs from lunching independently.
This is just a suggestion.
Views, comments and contributions are welcomed.
There is an ICO that I read before that wants to cater upcoming ICO and screen them to minimize ICO fraud. It has also a voting feature and ratings. I just can't remember the name of the project because it is a new project and I'm not sure if it is already launch.