Quote from: Pricebrianer on October 27, 2019, 05:07:38 AM

Quote from: Mrcharles on October 25, 2019, 08:36:04 AM

Quote from: Eniitan24 on October 25, 2019, 05:02:50 AM

Quote from: Bossfidelity on October 25, 2019, 03:22:13 AM

Quote from: Pricebrianer on October 24, 2019, 02:55:31 PM

With the number of scam projects, its difficult to find a great project with a good team. Exit scam doesnt seem to be a new thing. I think investors are going to be happy to know they are working with a team dedicated to make the dreams of users come true.

Scam projects has done great damage to the cryptocurrency industry. This has not only given the industry a bad image in the eyes of the public, but has also made it difficult for the legit projects to raise funds. Projects needs to work twice as hard to raise funds and that explains why several projects are not encouraged to continue after hitting a deadlock of insufficient funding.

How I wish there is a way to thoroughly screen these projects before entering the market. These ICO listing companies I feel are not helping matters that much. They have the power to reject project listing if they think it's a potential scam. They should do proper questioning before listing projects on the websites.

The major issues we're facing in the cryptocurrency arena is that there's an atmosphere of compromise. Several institutions are readily available to compromise their standards for personal gain or benefits. This is not only evident in ICO listing organisations, but in virtually every organisation. We need to learn how to stand for what is right irrespective of whether we have the support of other people or not.

Its quite difficult in an industry like this. Cryptocurrency has to be adopted and regulated. I mean proclaimed safe by the government to be safe for public investment. I think that would do it. The Chinese government put a stop on ICO, back then in the ICO craze. And that has made cryptocurrency Serv

It would take a while to get the government proclaim cryptocurrency, safe for citizens. With the current issues we're having presently in the industry, no government would like to expose her citizens to the risk which is characterised in the cryptosphere. We have to do more in bringing assurance to the government that the industry is safe for investors and citizens of every nation of the world.