Post
Topic
Board Altcoin Discussion
Re: Finally ,a solution to fraudulent ICOs?
by
CryptoBry
on 03/11/2018, 11:09:20 UTC
Shocked As I was surfing the web today I came across this wonderful news=

https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-sales

 very soon we will start seeing reversible ICOs projects which will reduced scammy and fraudulent project ,finally dreams are coming true,the capability of been able to reverse your invested money in any ICO is wow!

I am looking forward to this development and in fact this is already very much overdue. The ICO industry must really come up with an acceptable mechanism where funds from investors can be protected so we can stop the many famous scams that can happen again and again in this industry. Scams in the past have ruined the reputation of the ICO platform and that is why many had already left this platform thinking that scams can never be stopped anyway. The interest of the investors should be a paramount concern in any project so we can build back the trust and confidence of many big and small investors.