Alot of ICOs around, which one is scam free? - page 2.

suvo05

sr. member

Activity: 1162

Merit: 260

Quote from: Xclusive5 on August 26, 2017, 06:11:47 AM

Am actually new to cryptocurrency and I heard there are lot of scammers in crypto, I will like to hear from you guys, which of the ongoing ICO is legit and promising.

It is very hard to decide which one is legit and which one is scam . I have seen that even some of the experts here could not have decided and stepped into the scammed ICO. And there are some ICO - which people telling a scam turned out to be a good ICO. So for me it is really hard to understand as well.

tfot123

newbie

Activity: 16

Merit: 0

Hello,

There are some legit one's out there!

I hope everyone is doing well! I’m the community manager for Pally and just wanted to invite you to join the discussion on our bitcointalk thread and telegram group. We’re a decentralised social travel platform, have existed since early 2016, have live products out and got successfully through our pre-sale in 11 minutes in August. Hope to speak to some of you. Our ICO starts Oct 15th 2017

https://bitcointalksearch.org/topic/ann-decentralised-social-travel-2100229
https://t.me/icopally
www.pally.co

You can also try out a BETA version of the app
https://itunes.apple.com/us/app/pally-the-app-for-friendly-internationals/id1206993633?mt=8

Kind Regards,
Tanya
Community Manager

condura150

full member

Activity: 244

Merit: 101

Quote from: Xclusive5 on August 26, 2017, 06:11:47 AM

Am actually new to cryptocurrency and I heard there are lot of scammers in crypto, I will like to hear from you guys, which of the ongoing ICO is legit and promising.

I can't really tell you which ICO is scam free or wether you should invest on this ICO or not. Do your research, it's always the best thing to do first. Read articles regarding the project, read their whitepapers, know what they do and why they do it. Investing is always a risk, you should just be cautious and don't invest your money on things you doubt or don't trust.

yogesh01

newbie

Activity: 28

Merit: 0

investing in ICO projects is a high risk investment since you do not know whether an ICO project is a scam before it happened.
You should read their whitepapers and do your own researches. We can't tell which ones are scams.

Pasnik

sr. member

Activity: 649

Merit: 250

Quote from: xiufei on September 28, 2017, 11:52:47 AM

with many ICO we should focus on which one is the best ICO Cheesy

Its hard to verify which one is legit and not scam ico. I agree we need to focus on which is better to invest in Ico that will give return of profit. So lets find and thoroughly check which is the best.

xiufei

newbie

Activity: 11

Merit: 0

with many ICO we should focus on which one is the best ICO Cheesy

hua_hui

legendary

Activity: 1386

Merit: 1016

There is why china want to ban ico because there are too many ico popping out of nowhere and they mainly just want to cash grab. That is why a lot of ico lose most of their token value within weeks or even days as they never deliver what they promise. So the real difficulties is how are we able to identify which project is for real or which is fake. You really have to do your own research and it is not just limited to bitcointalk. People can buy accounts and use these accounts to shill the projects so you never get the truth in bitcointalk.

PardonTheFrench

newbie

Activity: 2

Merit: 0

i just saw this one
lots of information like video and stuff, looks cool

https://bitcointalk.org/index.php?topic=2206814.new#new

Zandar

full member

Activity: 294

Merit: 161

Practicly any ICO looks legit untill the dev starts to dump the coins on an exchange server and deserts the entire project and nobody hears from it ever again. The bagholders will keep on repeating that the coin will be or is taken over by new devs, but even this will be more of a hearsay than actual truth. So in short any ICO is nothing more of a gamble since anyone in it is looking to make a buck, even the devs.

DanielBoaventura

member

Activity: 154

Merit: 10

Auctus.org Team

To asure is not a is scam I look for the following:

1. Solid team - I look their social media profiles, LinkedIn to see work experience and knowledge.
2. Strong idea - I see if the altcoin really have a sense to exist: if it's solving a real world problem.
3. Good WP - Easy understandable and that covers all the point of the altcoin.
4. Some work already done besides the ICO - Some development done that can be seen on Github.

Auctus.org is a good exemple that have all this points really well covered.

btcprospecter

sr. member

Activity: 504

Merit: 251

★777Coin.com★ Fun BTC Casino!

There seems to be another ico nearly every day. There more than likely is a scam element behind some but others could be promising. Like any investment there is risk to.
Sifting through them all takes time and alot of people are trying to make a quick buck so some of these icos prey on this.

billybobburgers

newbie

Activity: 12

Merit: 0

Do your own research, look into the whitepaper, the team and how they are marketing. Also the most important thing is if they actually need a cryptocurrency. If they don't they are only doing it to raise money in an ICO.

I am waiting for Crowdholding. Great whitepaper, nice ideology and a strong team who is working organically to market their ICO. Launches on the 1st of November.

https://ico.crowdholding.com

vb01

full member

Activity: 154

Merit: 100

I think Enjin is a good optrion right now. They have a user base of 8 million people and already have a successful running business for 9 years now.
Until something goes majorly wrong.. I think it'll do well. Plus we can be sure that it's not a scam.

RieL

full member

Activity: 290

Merit: 100

If i we're you,you should do your own research and read carefully their whitepapers.we cannot easily tell of this one are scams.they can be not scams and not scam but for others this all scams and also it is just for start ups asking for huge funds that never been created but this is only speculation but be careful with those investmenrs and dont forget how to manage portfolio

StevenRA

member

Activity: 91

Merit: 10

That about sums it up pretty well. Lots of scams out there, of varying degrees. And plenty of ICOs that are not scams, but are just not very likely to ever succeed.

But I think if you look at site and whitepaper, you'll be able to spot the scams pretty quickly, and if you interact with the people running an ICO you should get a good idea of who is qualified to actually see their projects through to success.

Quote from: Bitforking on August 26, 2017, 07:25:24 AM

this is like betting on stock and shares, but the difference is that there is no regulations and everyone can set up a ICO, not like the companies that have to qualify for a stock market listing.

Were you old enough to witness the Internet booming when it was just launched?

this is like that

crypto currency world, a world with no governors

Freedom at last.

I guess you just need to use your killer skills to see the future and invest wisely and clear minded of what you are riding!

Taskford

hero member

Activity: 2520

Merit: 783

There is no assurance that you will be in a project that is scam free because the risk in investing in ICO is that you are willing to take risk for the possible scams that you might experience so if you really want to take the risk and get a chance for possible big returns then you need to be brave and take all the risk but you can lessen the risk if you will study first.

Ryan Dugan

hero member

Activity: 924

Merit: 501

It can be very difficult to tell a scam from something that is not a scam. Sometimes scams make you money but they eventually get abandoned so some people are left with useless coins and hopefully you have sold them by then. Look for advice Devs with a good plan that you can see they going places.
Try stay away from coins that make big promises they are usually just lying and telling you what you want to hear to please you.

Marvell1

legendary

Activity: 2408

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Comsa ICO looks very promising and legit. They based at Japan and that means a lot already. Check them out!

cryptotal

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cryptotal

I think its better to check the whitepaper first and get those advertised in coinmarketcap.com website

IamAltcoinfan

full member

Activity: 476

Merit: 103

homt.net

Currently change Ico looking promising even there is lots of Ico proxy team looking promising but there is lots of Ico can’t able to decide which is legit which is fraud even I also got scammed in one Ico.

Topic: Alot of ICOs around, which one is scam free? - page 2. (Read 3358 times)