ICO frauds are one of the prime reasons because of which investors are losing interest in crypto coins.
A few reports are to be believed that about 81 percent of ICO are fraudulent. To tackle this situation, there are many crypto centric security firms, who are creating plans to fight against these fraudulent nuances.
Many analysts from the security sector and private equity are either getting associated with or starting their own cryptocurrency research firms. This research is aimed at giving a detailed analysis of market research and can target a trade for crypto markets. The business is aimed at important institutional and top investors, instead of normal traders without any knowledge of the market. More interestingly, research labs will also help in understanding the strong project from the ICO frauds ones.
A reporter stated that the business activities of Chain Partners Inc which are considered as the first blockchain company builder from South Korea. At present, China is hiring workers for a minimum of about five years of working experience for an investment bank and the research team.
There is also a daily report which is published by Chain which talks about the analysis crypto market. It states research on both the things- local as well as abroad market. It was Korea’s first company to bring crypto index, which is a price tracker for most traded and largest digital assets.
Coinone, South Korea’s third-biggest cryptocurrency exchange, started its research center in June 2018, providing weekly analysis. It would help them in tackling ICO scams.
In the same manner, Binance is the world’s biggest exchange in respect of daily trading volumes. Their mobile application is presently available for beta testing for those who are interested.
According to the report published in BTC manager, this application is considered to provide details of more than 1200 cryptos on regular basis.
The post South Korea Pins Its Hopes On ICO Research Firm To Fight Frauds appeared first on OWLT Market.
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