Post
Topic
Board Altcoin Discussion
Re: Finally ,a solution to fraudulent ICOs?
by
Ini35
on 03/11/2018, 12:54:05 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!
Whatever has advantage, also has its own disadvantage. Although, this is a step forward to protect investors in this era that we have so many scam ICOs.
This will make developers or CEOs of ICOs to be more careful and come up with genuine and good usecases before lunching their ICOs. Also, it will help to maintain the integrity of blockchain and cryptocurrency.
The exception here, would be with the spread of FUD. Owing to the fact that people easily react to even fake news.