Investor's New Ways of Detecting Fraud ICOs

Press Release ( - TALLINN, Estonia - Jul 16, 2018 - According to recent Statics Group research in 2017 over 80% of ICOs were identified as a scam. The Jury.Online project presents a solution to tell if an ICO project is or, in some cases, about to become scam, in time.

“Everybody lies. The industry is ready for the birth of a new solution to this major problem. Most methods of detecting scam turn out to be unreliable, because fraudulent projects are adapting, and they make sure they seem decent” – Alexander Shevtsov, Jury.Online founder.

Jury.Online is a platform dedicated to the security of investing in ICO projects. It was originally designed in order to help investors become sure that the project they invest in, is worth the trust. Jury.Online is basically a decentralized escrow service that provides our clients with the maximum security due to the absence of third-party control over the funds. The protocol also gives the possibility of benefitting from independent arbitrage in case of controversies between investor and project. All funds provided by the investor are kept at a smart contract, are returned in case something goes wrong at any stage of a project’s implementation.

Jury.Online is a partner that cares about their reputation. Our team believes that co-operation with such an Escrow service will increase the level of trust in the GoodWork project and will attract even more investments.

Ilya Arakcheev

GoodWork COO

A platform for responsible ICO Jury.Online has started co-operating with its first clients. During the first months of the project’s active work with clients, we commenced working with six clients: Elysian, GoodWork, GGRocket, Gridex, Lancer.Network, and BRIXBY. The first one was the Elysian project.

All projects are very different – they have different concepts and development: Elysian specializes in Ecommerce, GoodWork in co-working, GGRocket in online gaming, Gridex in banking, Lancer.Network in advertising, BRIXBY in transportation, Endo in data management. But they are all committed to the ideas of transparency, honesty, and responsibility of their work. That is why they chose Jury.Online to co-operate with.

Elysian is a decentralized platform for building Ecommerce websites based on the blockchain. The Elysian project was the first one to launch its ICO on June 18, 2018, powered by Jury.Online platform among others. Elysian has already finished the ICO reaching its hard cap of $7,000,000 USD.

Endo is an ecosystem that allows organizations and users to participate in information and service exchange. All applications of this system have one goal – to create a single secure and certified environment for all important data. Endo has joined Jury.Online during their ICO. In the following days, the project will be available on the platform.

The GoodWork project is an ecosystem for remote teams that includes a network of co-working spaces, a task management system, and CRM-system. The project helps co-workers to expand the borders and interact with each other from any place in the world.

GGRocket was originally designed to allow avoiding scamming schemes in the online in-game market. GGRocket develops automatic escrow service using EOS blockchain technology, machine learning, and gaming big data collecting and analyzing algorithms.

GridEx is a high-performance interbank infrastructure for the turnover of crypto-currency liquidity and HFT trading, which allows each participant to use cryptocurrency and convert it with minimum delays and maximum speed.

Lancer Network is a decentralized freelance site for advertising and promotion of crowdsale and blockchain projects. It was designed for those who want to earn cryptocurrency and the businesses that have the budget to pay for SMM and marketing services.

BRIXBY is a decentralised transportation application, a microservice cluster, that is spread over a variety of hosting providers worldwide, including Amazon, Google, and Heroku.

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Source : Jury.Online

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