# kaal:claim:3067615-032

**Claim.** Identifying legitimate projects and distinguishing them from scams is a necessary condition both for investor protection and for creating the conditions in which ICOs can proliferate.

**Type.** condition  **Support.** asserted

**Holds when.**

- ICO market as of November 2017

**Source quote.**

> Identifying legitimate projects, distinguishing them from scams, is vital to pursue investors' protection while creating the conditions for ICOs to proliferate.

**From.** Wulf A. Kaal, Marco Dell'Erba, *Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags* (2017), IV.5 Legal Uncertainty, page 20

**Cite as.** Wulf A. Kaal, Marco Dell'Erba, Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags (2017). SSRN: https://ssrn.com/abstract=3067615

**Verify.** sha256 of source PDF `164ce15b9eb1e8847ebcb073f5b23a96b4974ad0308d77469a9455d4a1ebeb38` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Dell%27Erba%20-%202017%20-%20Initial%20Coin%20Offerings%20Emerging%20Practices%2C%20Risk%20Factors%2C%20and%20Red%20Flags.pdf

**Topics.** economics

**Keywords.** fraud-detection, investor-protection, market-growth, due-diligence

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.