You are viewing a single comment's thread from:

RE: SCAMS abound on the internet - DO DUE DILIGENCE!

in SteemLeo5 years ago

Thanks for your reporting! I was noticing some coins popping up like TRX, LTC, ETH and was curious if these were legit.

I think what Steem-Engine should do is implement a "KeyBase-like verification system", where projects / token creators link their profiles to other stuff ( project websites, twitter, youtube, discord, etc. ) and then when a coin is listed all a buyer would have to do is verify the team that created it.

For instance, on that LTCPEG token, it claims to be from the Steem-Engine team. Well, we'd just have to go to their profile & see if they did in fact confirm it or not.

I think putting some sorta verification system in place would be a better solution than deleting the tokens. Maybe just add a SPAM tag to a token if it has a certain threshold of user-reported fraud alerts.