Security and readability is vital to this project, it is unfortunate that some people attempt illegal acts such as phishing or scamming by creating fake accounts or suspicious websites to take advantage of the excitement of the moment of the users and those who are naive or get carried away are the ones who fall into this.
This is a good explanatory post, especially in the part where you talk about the security challenges that these projects can present when they are launched.
Best regards and lots of success!