I agree that blockchain could help in combatting fake medicines, but the question remains - will the government actually start doing it?
The Indian Government is screwing with blockchain and cryptocurrencies. This country is not letting people trade cryptos, you think they'll come up with some viable solution
There is a big difference between banning cryptos and using the power of blockchain. I think India can pull it off.
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Re: Who’s Who? The life and times of a Telegram scammer
This is serious matter about telegram ICOs group im too always recieved so many DM claiming that they are the admin and they want to prioritize me for their ICO sale just sending ETH to some address I never replied to this kind of shit. This kind of scammer is dangerous keep sending to random people till they scam one. But I also saw many ICO that giving notice about this scammer so people will be aware and wont fall to this kind of scheme.
One should never send ETH no matter what to any single individual during an ICO. Even if the admin asks for it, the answer should be no. Money should only be contributed to the website through the portal provided.
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Re: Who’s Who? The life and times of a Telegram scammer
I guess the only solution to this can be expected from project managers. Adding proper "admin" flairs is the only thing scammers can't replicate. Also, all of us should learn not to trust anyone claiming to be in team but not having an "admin" flair.
This is the only way out of this situation probably.
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Re: Who’s Who? The life and times of a Telegram scammer
This is a serious issue that needs to be attended to. It happens to almost every ICO i have seen, except for some very few. It doesn't happen before the start or during Pre-ICO alone, it also happens during the ICO and after, where the scammers take advantage of ignorant investors. The issue now is how the various ICO projects will make necessary awareness for people not to fall victim of this acts again.
Telegram is not something that can be controlled or regulated. We just have to be aware of the happenings and take precautionary steps to avoid this damaging their ICO proceedings.
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Who’s Who? The life and times of a Telegram scammer
by
peachaston4
on 20/03/2018, 15:14:09 UTC
We have learned a lot of things from the ongoing ICOs. We have learnt about KYC, bounty programs, air drops and various social media they are active on. Along the way, we have also tried to spot ICOs which are not up to the mark and give ratings to the team and advisory board.
What we yet miss is a problem on a much regular basis but not out there in the mainstream media. It is a problem that every ICO faces right before the pre-sale. It is something that every investor also faces right before investing in the ICO.
Let's discuss the bane of telegram scammers. It is a very easy thing to change your identity on Telegram. Every other scammer who wishes to make some cash out of some innocent investor is ready with his greetings and ETH address right before the pre-sale and crowd sale.
We have written an article out of our own experience while holding our ICO for Enkidu.
Enkidu offers a global collaboration platform where individuals can find like-minded collaborators - designers, engineers, developers, creators, e-commerce experts, content writers, small ticket investors and even coffee brewers
Name of a particular cryptocurrency depends on the product to offer, if I would have my own cryptocurrency it will be named "ElectroToken" which will base on mainly technology improvement by implementing various electronics devices.
How do you differ from other similar projects for businesses? Any advantages?
That is so obvious scam project, don't even try to understand them. You better keep you wallet away from that robbers, try to find more reliable project.
It is just a catchy title to catch the attention. There is no scam happening here.
We are having an ICO to take down the existing business system which is tedious and costly. Enkidu helps in online collaboration in a more secure manner which is only possible on the blockchain.
We are having an ICO to take down the existing business system which is tedious and costly. Enkidu helps in online collaboration in a more secure manner which is only possible on the blockchain.
How do you differ from other similar projects for businesses? Any advantages?
Online collaboration is broken. People from everywhere have small projects in their minds for which they cannot form a company to operate. It is too tedious and expensive. This allows for people to collaborate online and have instant money splitting through blockchain. The payment made by the customer gets converted and split in form of the tokens. This allows instant payment to the team even when present across the globe. This is the first of its type.
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Batman's having an ICO for Krypto! Join in.
by
peachaston4
on 15/03/2018, 09:56:37 UTC
We are having an ICO to take down the existing business system which is tedious and costly. Enkidu helps in online collaboration in a more secure manner which is only possible on the blockchain.
One of the most common practices used by ICO teams to promote and incentivize their token sales is to offer hefty discounts or bonuses to contributors based on when they buy into their tokens or how much they are willing to invest.
Sometimes people might not be able to afford the minimum bid presented in the pre-sale round but still may crave for such discounts, which leads to ICO pool.
An ICO pool gathers people who want to participate to the presales of ICOs. Each participant sends its contribution to a smart contract. When either the deadline is passed or the max cap has been reached, the funds are sent. Then, when the smart contract receives the tokens, it distributes them back to the investors depending on their contribution.
The following link elaborates on how to make an ICO pool smart contract:
Hmm, there are many ICOs out there, and I'm also promoting some. Almost all fields in our lives have a corresponding project for it already especially from banking, remittance, travel/transportation, health, insurance, and many more. At some point, I am in doubt if do we still need more ICOs? Why not let's now move forward and start using the real purpose of those past ICOs? Well, my opinion only.
That is very true but there is no stopping them. This is because for example if one starts a blockchain application in the remittance space, there will always be more people who think that they could do it better or go for an untapped market.
Everyone knows the trend in the crypto community these days. A lot of ICOs are popping up from everywhere. Even I have my ICO proceeding currently. Everyone believes that ICO is just an easy way to raise money but what many do not realise is that it is a nightmare out there to reach people. With so many scams going around and so many regulations kicking in, credibility is hard to establish.
What better ways are there to improve the existing ICO system, which allows for a safer zone for investors? Else how do you think this place would look like in a year?
I personally recommend meditation to those who take up an ICO.
I believe healthy ICO should start with already working product. Doesn't need to be full 1.0 version, but at least some working alpha is a must to prove the project is serious
Generally ICO's should be similar to IPO. They should be carried out by exchanges, who could then vett the companies behind it properly. Similar all of them should have an accountant to audit it and a real prospectus, instead of whitepapers full of lies and then a disclamer in the back.
Generally most of them promise too much, just to get peoples money and as soon as they get it, their timetables and a lot of other things go out the window.
The problem with this is that those exchanges can now over evaluate the token prices which defeats the purpose