Every day I read the news about the elimination, that some project has come off and all the investors have lost money. And I'm wondering why no one has tackled this problem so far?
I have only heard about some start-up from France, called CheckDot, they want to implement some kind of verification, but seriously, just one project in the world?
These scams will always exist because one of two things:
1) greed throws the mental blinders on
2) for some unknown reason people are drawn to the "too good to be true" scams.
Honestly as long as people keep dropping insane amounts of money on things like catcoin, dogcoin, hamstercoin, what's gonna stop people from creating them. Service or not they will still exist.