Topic: Are ICOs scam? (Read 5410 times)
There are some but not all of them were acam.. If the company promise but its sound like too good to be true , if the admin/manager are lazy be aware .. If the program or there articles are nonsense dont buy there tokens.. Its hard to earn money so choose wisely you can use your common sense to determined whether it is or not. If there are transparent in there program and aervice then grab it but if its anonymity then think about it if you want to risky your money in that ICO.
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
When joining ICOs in a project that doesn't escrowed the funds your money will be risky but in my experience, there are so many legit ICOs without escrowed. We only need to choose wisely on what ICO that we going to invest in. 
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
That's not a criteria of finding out whose ICO is scam. If they don't develop the project in a year holding those funds, if they shut-down their server, if they are not identified on their website then maybe they are a scam. But you don't judge that quickly, I hope you did some research before investing LOL. That's what people do to let themselves prone to scams
not all ico are scam, many good ico u can get profit, if you join ico just read the whitepapper dont just joint before research 
if you dont doing that dont ever think join ico, because your money will burn in scam coin 
if you dont doing that dont ever think join ico, because your money will burn in scam coin 
obviously not all of them are scams, you just have to find the ones with:
* credible projects, nothing too crazy or innovating because those are unlikely to bring out a working product fast
* transparant teams with experienced members
* a solid marketing plan
* not too big of a pre mined supply (team can dump and run)
* credible projects, nothing too crazy or innovating because those are unlikely to bring out a working product fast
* transparant teams with experienced members
* a solid marketing plan
* not too big of a pre mined supply (team can dump and run)
Not financial advice here, but I would certainly do more research on the ICO, understand the project and the tokenomics, make sure I like the concept, team and potential before considering any investment. I will also check out many review sites like crushcrypto.com and youtubers' views as a reference. Eventually this comes down to a few picks and then I will distribute some funds accordingly. My current favorite is Hadron and Swapy but you might have complete different choice. Bearing in mind the high risk of ICO in general as well, even a great team might not make it in the end, but at least I know I am investing in something that's I really like
Yup, you can never be too sure.
I gues going with ICOs done by already established companies is a good idea. The Telegram one, for example.
Not financial advice here, but I would certainly do more research on the ICO, understand the project and the tokenomics, make sure I like the concept, team and potential before considering any investment. I will also check out many review sites like crushcrypto.com and youtubers' views as a reference. Eventually this comes down to a few picks and then I will distribute some funds accordingly. My current favorite is Hadron and Swapy but you might have complete different choice. Bearing in mind the high risk of ICO in general as well, even a great team might not make it in the end, but at least I know I am investing in something that's I really like
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
Just a safety precaution, make sure to read and research about the project before joining this ICO. Ofcourse we cannot say that ICOs are scam since a lot of ICOs are not and giving much earning to those who have invested.
Perhaps not all scams. But you really have to wonder why they go down the ICO cash-grab route and not another route if their idea, business, or product is so "great".
Obvious scams aside, I just find many of these ICOs to be unprofessional, almost as if this whole thing is some child's game to them.
They have your email address and they have a website. So where do they post "official" news??? On telegram, of course!
Yes, go join umpteen bilge filled channels to get "official" news from a company you've invested in. If you want a record of the "official" news, take a screen shot before it disappears. For some reason, they can't be dealing with things like emails or content on a website that get archived. They'd rather you wade through a tonne of animated gifs or the numerous flavors of fud and ramping just to catch any developments you may have missed. All very professional.
Obvious scams aside, I just find many of these ICOs to be unprofessional, almost as if this whole thing is some child's game to them.
They have your email address and they have a website. So where do they post "official" news??? On telegram, of course!
Yes, go join umpteen bilge filled channels to get "official" news from a company you've invested in. If you want a record of the "official" news, take a screen shot before it disappears. For some reason, they can't be dealing with things like emails or content on a website that get archived. They'd rather you wade through a tonne of animated gifs or the numerous flavors of fud and ramping just to catch any developments you may have missed. All very professional.
In order for this not happen, you need to competently choose among this huge list of ICO.
We need to study everything well, consult with people.
It is especially important who the team members are. It is necessary to look at the history of their previous projects, if they exist.
We need to study everything well, consult with people.
It is especially important who the team members are. It is necessary to look at the history of their previous projects, if they exist.
HHHH, it's perfectly possible that many of the ICO projects are really a money-making game, but even if it's a money-making game, you can still get a good profit, like TRON.
The answer is no, ICOs are not scam. ICOs are associated with scams because many projects offering new tokens or coins ended up scams. Some others may not be scams but it failed miserably. Some other devs of projects also ran away whatever gathered through ICOs.
I think also not all ico project are scam. So many good and success project rising.
Because so many ico scam so please be aware before joining. Do own research before.
Of course not all the ICOs are scam. We have witnessed many great project had very successful and profitable ICO process.
If you don't want to be caught by scammers you need to be very careful and do a lot of research about project and team members before you decide to invest for that ICO.
issues like this greatly depend on the company running the ICOs and the kind of people running it. It will be very difficult for us to determine which is a scam or which is not. But always keep in mind to perform your background checks well before investing your money or else they will scam you.
At the moment it can be difficult to determine the scam project or not. But even if the project is not scammed and it has no goal to raise funds and hide, it does not mean that the 100% project will be profitable.
I think in the new year there will be more control over ISO, and probably less than deliberate scum. And of course, when choosing ISO, you need to learn a lot about the project if you are going to invest in it a solid amount for you. Plus the old rule is not to put all the eggs in one basket, unless of course you're the owner of the project
I think in the new year there will be more control over ISO, and probably less than deliberate scum. And of course, when choosing ISO, you need to learn a lot about the project if you are going to invest in it a solid amount for you. Plus the old rule is not to put all the eggs in one basket, unless of course you're the owner of the project
Mainly not. Always are people hungry to your money but mostly people just need money for realisation of their idea
The answer is no, ICOs are not scam. ICOs are associated with scams because many projects offering new tokens or coins ended up scams. Some others may not be scams but it failed miserably. Some other devs of projects also ran away whatever gathered through ICOs.
I think also not all ico project are scam. So many good and success project rising.
Because so many ico scam so please be aware before joining. Do own research before.
Most ICOs are scams and most cryptocurrencies (other than Bitcoin, “altcoins”) are shit coins.
There some ICO scams, but the most of them are legit. You have to do research about an ICO and decide does it looks
honestly. That is the way to minimalize risk of get scammed.
honestly. That is the way to minimalize risk of get scammed.
Not all ICOs are scam. Well there have been some ICOs in the past who were proved scams. Some bad ICOs can't effect the integrity of the ICOs. ICOs are very important. Before investing in ICO, read the project whitepaper have a detailed understanding of the project and team members integrity.
There are legit ICO and there are also scams. That's why before investing to a particular ICO try to do a research first about the project, read their white paper. Also search about the developer and their team. Its very important to be very carefull all the time so your money won't go to waste.
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