Topic: Alot of ICOs around, which one is scam free? - page 4. (Read 3358 times)

Thanks for your sincere contributions

Failing on selecting a good ICO do really happens specially if we are just a newbie or doesnt have too much knowledge and as you said if we do fail then try again and learn up on the things came from your mistake on this way we would really be careful next time on selecting the potential ones. Scam-free isnt possible to determine because no one would really know on which ico is the right one.

If the problem like that I honestly can not provide the correct information because sometimes in walking an ico looks smooth from the beginning but suddenly could be a scam. So to distinguish ico into a very difficult scam, most importantly we have a strong confidence in running ico and sure will run well until the end of the campaign.

Exactly. Your own mind is the only judge. So try to collect as much as information as possible and then think with your own head. If you fail, try again. If you fail again, take a break and study more

How about the opinion of websites that make their overviews of the ICOs. Like Hacked Analysis. They make their own research of about the team, check for potential competitors of the ICO, etc. Do you think you can trust their opinion or only own research counts?

yes i agree

every ico with 1tokken=1$ is scam or 100X overvalued.

i think winter is coming and begining will be at the official launch of this biggest ico's like tezos, filecoin, eos etc

As said Buterin - to determine moshenikov you just need to look on the project team. And really, the team is the Foundation of any project, and if they know nothing or they are shady characters it is better to avoid them.

It's hard to tell if an ICO is scam or not on the early stage of the project. Whitepapers are so deceiving right now that they look so promising. No one can detect that unless you do your own research about the team and have your own jurisdiction on that specific ICO.

Check out the RedPulse ico is about to start. It is NEO first ICO. They have aalready working product and very strong team so it is not fake for sure. The profitability is what you need to consider youself but it is very good opportunity now, cause China and USA are not allowed so this will grow the demand after ICO IMO.

Boring or not, you cant do anything about it since its a forum people will really answer your question no matter what.Even if its repetitive then if you don't like then better to lock this thread and moved on. This thread would really get answers as long it is open.It is not only for signature campaign there are still people do really like to answer even it has been answered already.What are the answers you do really expect?

Scam free, doesn't exist on this ICO field. chances would really be always there and its hard to identify it in the very first place.

It is very difficult to identify scams, especially when you are new to this.

Besides, even when the ICO is not a scam, it often becomes a target of phishing attacks: people create fake websites using the project's name (for example 0xproject.info instead of 0xproject.com), use the project Slack to send fake deposit addresses and stuff like that.

Even experienced users should be very cautious.

I can give you some tips that can help you to identify if a project is serious. These are some key points that I and my partners are considering of extreme importance to show the community our project is for real:

Team: check if the project provides you the real names and information about team members. Check their social network profiles, previous achievements, if you can't find anything about who is behind the project you should be cautious about it.

Bitcoin Talk Forum Thread: See how they respond to critics and doubts about the project here. I have seen some projects that create self-moderated threads (when this is the case, there is a warning message below the thread name) and delete every message that says bad things about their project.

ICO (token sale) terms: See what percentage of the tokens issued will belong to the development team, and most important, see if they defined a vesting period for the dev tokens to be locked. For example, the TenX project had a very successful ICO and they have a 4-year vesting time, so you can see that they are really committed to the project. In the Auctus project, not only the AUC tokens held by the team will be locked, but also the ETH raised. The funds will be released gradually to cover only project expenses.

Product / Development progress: check if the team is actually building something, or if they already have at least a demo or alpha version of their product. This shows they can deliver what they are promising and that they are not only after your money.

there are several ways to see and suspect whether the project is a scam or not, first look at their team profile, whether real or fake, second : see if they are transparent in providing information about the progress of their project, as most scam projects will not tell the progress of the project

Yeeaahh, boring ...for me tooo

All members are in "signature campaign" and most of their advise is "be careful!" 
Of course, if you invest in 100 ICO 's , not all of them will be successful, but if  you invest in 0 ICO,then
definitely, you not be successful at all, in investing...

study "white paper", if you think there is idea, which may work...then take a risk and take "little bit" ...2-3% of money you can" survive" to lost...
this is investing game...

Read information about ICO. The more information the better. Plus look at team. Itself has to distinguish normally or not.

when you want to follow ICO, you should read the whole of the ICO, from the website, whitepaper, product, and founder of the ICO.
moderator in an ICO is very decisive, because that's where you can see if the moderator has been doing a lot of ICO or beginner.
I recommend to you some reliable moderators ie irfan_pak10, jamalaezaz and sylon.
they are moderators who have done a lot of ICO and they always run it successfully.

It's pretty easy. Many of these scam ICOs have been revealed early in the scam accusation section by simply finding evidence about the project.
You can see from the project whether they provide the photos of their team, their LinkedIn profile, their interview and so on. If they didn't, there's a chance that the project is scam, so, always check those things.

For me it's hard to found out if that ICO is a scam! more ico now is rising everytime, we just figure it out scam here if they don't paid us if we join there bounty program.

I think Universa ICO is free of scam. The founder of this project Alexander Borodich has good reputation and the scale of this project is impressive. This is a new alternative to the bitcoin blockchain.

Exactly. Well said!

This is the finest advise..
No body know which one is scam or legit.
All replies are just assumptions..

Do your own research.
Take your own risk.