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?
There are lots of projects already dead and investors lost their money. This is happening so many times. So many new investors didn't know about how to analyze a good project and they can avoid the untrusted project. How is it possible if they were running their own icos? So many scam developers didn't wanna their identity to be revealed coz they wanna grab money from the market and run away.
These days investors will be only investing that fully transparent as the team behind it already known by so many people and at least there are big companies that was supporting it like VCs.
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?
Verification didn't need a new company to come in. There are bunch of trusted platforms like CIVIC and this is more reputable and trusted than check dot. I have been visiting the site of check dot and this is only another money grabber. There are lots of projects have been using this idea but they were failed and they got less exposure compared with the big one like civic.
There was also a project called blockpass and check dot didn't have genuine idea as it's copying from another project that exist in the market.