Quote from: judyrob on November 07, 2018, 08:51:41 AM

Quote from: Arkham Knight on November 07, 2018, 07:07:43 AM

Quote from: tuthienloc92bk on October 10, 2018, 04:16:18 PM

I have been just in the crypto world for 5 months. I have tried to learn about blockchain, bitcoin, altcoins,... and I realize that blockchain is being abused.

Many projects are launched with the ideas of using blockchain. But actually, blockchain is not necessary to implement their projects. It just seems to follow the trend of tokenization. And their tokens are utility tokens, real "utility", which are utilized to raise their funds. There is no reality application of blockchain. I think everything will be good if it is enough. Will blockchain become worst if they continuely abuse it?

What do you think about this problem?

That is not a secret and I think that people who invested their time or money for a few months will realize that. You are right that some projects don't need the blockchain platform to be implemented. Just like the ICO projects that are news platform which does not make sense.

that's right, and even projects with such false blockchain system started encountered at this time. they are only utilizing big names blockchain to attract people to opt in to support them. but when can understand what they are doing these things certainly could have been to avoid. If this continues then it will be difficult to find investors who would be able to believe in the new projects.

All this scam is been around for many decades. crypto and blockchain are just another victim use by scammer to grab money from the public.