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RE: ICO: Crowdfunding Tool Or Modern Scam?
There should be an ICO for Blockchain Watchdogs, i.e. experienced ICO investors (it's not an oxymoron, anyone who has been investing in ICO's for over a year is significantly more experienced than 99% of ICO investors).
Their job will be to independently evaluate ICO's using a fixed number of criteria and be sure to point out potential red flags.
It could be a similar concept to what Bitquence want to do with experienced investors staking their coins to put their money where their mouth is.
Very good point!
I think that Bitquence will give us an opportunity to “Rate” coins like that, which will be pretty cool, to see whether the community thinks you should Buy, Hold or Sell!