Towards straightforward and dependable ICOs.
The clock is ticking. The crypto group is coming up short on persistence. We should propel a plan of willful tenets for ICOs so as to adequately isolate the brilliant speculation openings from the tricks and fakes.
In my past post I suggested that we, the crypto group, need to see no less than three things in all future ICOs: a substantially higher level of straightforwardness, a more goal-oriented approach towards adding to the arrangement of worldwide difficulties (hunger, environmental change, and so on.), and a solid evidence of idea (esteem being created before the ICO). Today I wish to expound on these focuses considering the brilliant remarks that kindred steemians composed cry the first post.
By what means can an ICO be straightforward and dependable without covering extraordinary exponential arrangements in a heap of directions and printed material?
1.- By getting to be plainly objective-based, not thought based. Rather than just remunerating a thought we could compensate accomplished destinations and points of reference of the advancement of the undertaking/organization connected to the ICO. For instance, an ICO could be part in three or four rounds, and its group could declare the venture's/organization's advance dependably before each round with the goal that potential financial specialists can see how cash is being utilized and better evaluate whether to continue contributing or not.
2.- By self-forcing straightforwardness rules. Give us a chance to influence a speedy survey of a portion of the on-screen characters to show in the ICO scene: (A) legislatures attempt to control (governments can't avoid being governments), (B) potential financial specialists endeavor to get more data previously contributing, (C) affirmed speculators endeavor to get more data previously purchasing additionally, holding or offering, (D) the ICO group tries to fund its undertaking/organization as quick as could be allowed and get valuations as high as would be prudent, and (E) the crypto group is suffocating in a sea of clashing (and notwithstanding deceptive) data up and down the procedure. Also, with over a thousand coins and tokens out there you can wager there is a considerable measure of clashing and misdirecting data to suffocate in. In light of this, it ends up plainly vital for ICOs to begin viewing self as forced straightforwardness instruments, for example, having open money related explanations, making quarterly coin-holders' calls (yes, similar to stocks), or respecting certain sorts of outside review on its accomplishment of targets (an autonomous NGO that deals with straightforwardness/open information/administration, maybe?).
3.- By having a perpetual correspondence channel with the crypto group. A few choices are: a quarterly pamphlet, dynamic and inviting web-based social networking records and confirmation based reports (a far reaching account with pictures, information, infographics and measurements of what is being finished with the assets and what esteem is being made).
Give us a chance to stroll towards straightforward and mindful ICOs that plan to understand worldwide difficulties.
