Quote from: cahbagus555 on November 11, 2019, 12:18:31 AM

Quote from: HammadAli on October 14, 2019, 06:01:57 PM

So regarding the fact that what it takes to create a token for example an ERC 20, i ahve found a gig on Fiverr.
Check the link.
https://www.fiverr.com/wedowo/create-your-ico-website-and-erc20-token?context_referrer=search_gigs&source=top-bar&ref_ctx_id=34a69322-cdbf-40a4-98e6-b9f51a1be52f&pckg_id=1&pos=3&context_type=auto&funnel=657f18cb-30b9-4ede-a7f7-139b402768ed

Seller is creating an ICO website as well as the token for just 50$. So your basic invetsment is 50$, Now you just need to do marketing by just making a telegram group and launching a scam bounty scheme and give members greed to give 10% commissions. And you are ready to scam people.
People choose these scammers to scam them and thats all. Not saying that all of the tokens are of this type but most of them are of indeed.

Most of the scams that occur do exist in erc20 due to the easy token creation process. In my opinion, ethereum alliance must be able to prevent this fraud by asking the developer team to provide a guarantee or deposit when they want to sell tokens or at least ask for identity documents so that when fraud occurs can be quickly known.

That would have been much better. But the freedom that everyone enjoys within the crypto world is almost absolute that everybody, even a dope addict and a 7-year old kid, is being given the full liberty to create whatever project they wish to, mint coins with supplies and value they alone determine, and offer in the ICO market which is also as open and free.