what do you think about the verification of projects and tokens? not all projects can be trusted. people often lose money by investing in the wrong project.
I found a project created to solve this problem, called CheckDot. They have a good strategy for reviewing and validating designs that seem to be helpful.
how can the problem of blockchain fraud be solved?
There are a lot of shill posts for CheckDot in the last few days and weeks and i don't really think that this does any good to the project or to the people that have invested into CheckDot because obvious shills are not attracting new investors they are scaring them off, but ok everyone as he pleases.
To your question, i don't think that it is something new to use crowd intelligence to validate or to evaluate a project. I also know about a project called Lithium Finance that uses crowd intelligence to price companies and assets that have not been priced so far. I think the flaw of this approach is that it is still possible that this method can be cheated if a lot of participants are coordinating each other.