Amateur cryptocurrency education.
The fraudsters make a lot of money in the cryptocurrency. The investors who pour money into the cryptocurrency without understanding the mechanism. The spectacle that the people gather again in a suspicious ICO.
The US Securities and Exchange Commission (SEC) created fake ICO site called howeycoins for education purposes. It is explained with a very ambiguous expression that it is a combination of block chains and travel. The field where the growth is most concentrated in the digital economy. Of course, the actual technology does not exist, and the executives are all fake ups.
People who have studied fraud concerning cryptocurrency, even if you have studied even a bit, such as "Pump and Dump" "Promotion using celebrities" are getting the fuzzy and odorous finish.
Not only the white papers but also things packed with unrealistic claims and contentless sentences over pages. It is a sophisticated monologue art that can be said thanks to the SEC that has seen ICO fraud many times.
So what is different from ordinary fraud, when investors try to buy howeycoin they jump to the preaching page instead of receiving money. You should not give money so easily.
There is no doubt that it is meaningful in the sense of investors' education.
