Wala tayong magagawa kung ang mga project na nasasalihan natin ay nagiging scam, karamihan talaga kahit sa halos walang sign ng scam nagiging scam pa rin sa sobrang galing gumawa ng whitepaper na kinopya lang sa iba.

Masaya naman, meron na pala tayong community dito kaso mukhang late na ako dumating dahil hindi na kayo active.

Sana maging active kayo at mabuhay ang community na to para sa mga bagong member na nais matuto at makipag diskasyon tungkol sa ibat ibang cryptocurrencies.

DeFi concepts is now being used in fraud activities such as a HYIP, pyramiding and cloud mining schemes.

I dont know, I guess its my imagination.🙂

DeFi wont go for sure, it will be used in various ecisting project and future successfull project to become more decentralized.

This is sad, scam projects are requiring participants to submit kyc, this can be used in many crimes if landed on a wrong person. Participants will surely suffers in their private life.

But as OP stated, Yes this is good for the legitimate projects to protect both customers and the project itself for illegal activities such as money laundering and terrorists funding.

Scams and useless ideas are not just present here, you can always find them anywhere outside the crypto space. You just need to deal that there are gems and trash. I just collect them in my address, those ERC20 tokens were like toys that I play sometimes transferring from different addresses I own. 🙂

There are many scam not ony that, there are task to be done but in the end you got nothing.
Some are just want you in their discord, twitter and telegram for future purposes, "potential scam"

Salamat sa translation na ito, mas naintindihan ko ang mga kailangang gawin para tumaas ang rank.
Galing ako sa bitcointalk kaya alam kong medyo pareha sila ng ranking system.