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The SCAM Foundation is looking to build a community centered around targeting the international scam industry which has long since out-stripped the traditional means with which these perpetrators can be held accountable for, and with the rapidly rising popularity of ICOs in the sphere of cryptocurrencies, this situation has worsened significantly.
Currently ICOs need more legitimacy and will never get big without it, while traditional sources of policing will not focus their efforts on scams in our ecosystem unless we get truly big enough to trifle with. The only solution to this particular conundrum would be to cultivate a self-sustaining, community-driven ecosystem where anti-scamming behaviour is actively promoted and rewarded.
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