Quote from: daarul50 on March 20, 2019, 09:17:16 PM

Quote from: heritage35 on September 19, 2018, 05:16:08 PM

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.

Good idea. But from the above idea there will be a question like this "who will be the voluntary party?". What is the government? If it's a government, it's impossible because the decentralization system is against it, or is the party in question a developer? That's not possible because the developer doesn't have integrity for that. Sometimes a good idea is not necessarily the right solution to overcome the problem.

OP's suggestion is not feasible at this moment. creating a "trusted body" to govern these ICOs is not the solution as the projects are sprouting every single day. who will do such intensive work like this? and who will choose these individuals to qualify for this special body? what we can do right now is to be vigilant with your investments. do your own research and meticulously study the project that you want to invest with. it is all your responsibility to do these things. no one will answer your mistakes but you.