What is the biggest problem in crypto - Scams (as you do not know what SCAM means fraud) and no matter if these are financial pyramids or the world's most ordinary fairy tales written as Whitepaper and sold as ICO - this form can be very creative and is more and more creative. Scams also inhibit the inflow of new capital - because the average person does not delve into the blockchian technology and the world of crypto-currencies and does not understand what is really running here, cheated once cheated the second time, and even cheated 3 times the next time he gives himself peace and not wanting to burn next time he lets go of investing in the next "revolutionary" project at the same time, squandering his life's chances by what - by cheaters who have robbed him of faith in another man.
So what are the solutions to prevent these scams that are still filling the crypto world?
1 someone will say that the regulations - but was anything really forbidden stopped? (alcohol drugs, prostitution etc etc.) there is no chance of regulating to stop online scams
2 someone will say that we should all warn each other, - but tell me, what profit I am that I will warn other novices about cryptocurrencies - after all, I do not have any budget for this and the Skammers spend hundreds of thousands on advertising in order to reach people's eyes and extort money from it
So what remains for us? Only real good projects that will naturally win with projects that exclude and support good honest projects.
That is why, among other things, I turned my attention to the W12 project
W12 ICO: https://bit.ly/2LIvWpu
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@xgrosz That's exactly the most prudent way to invest in an ICO. Our hard earned money needs to be into safe hands with strong foundation.
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