There are many brilliant ICO's among the crappy ones. The key things in my opinion are:
* solid team with experience and connections
* support from other people with experience (executives from large businesses like bill gates or founders of blockchain based companies like vitalik)
* a long, realistic roadmap with both the risks and advantages
* great marketing on a lot of different media (youtube ads, facebook ads, online articles, news reports, ...)
* personal activity and interaction on social media, fora, conventions, ...
* good website
* transparancy
my personal favorites right now are Datum and Change
Topic: Are ICOs scam? - page 14. (Read 5447 times)
not all ico is a scam, i myself often join ico. before you join ico, you should first check carefully how ico works, and you should read their white paper first.
Not all ICOs are scam but large number of ICOs are scam that was one of the main reason why China banned ICOs.The number if ICOs which are good and not fake is very very less so it better to watch where you are going to invest as you would regret if it were a scam.The real ICOs works very hard but these scam ICOs has really gave bad reputation to all ICOs.But if you are experienced and has a good knowledge about ICOs and stuff then it is very profit in short term I think.
So if most ico's had a market cap of just a few thousand dollars. Would the government still care?
They don't care about scams, they care about taxing people's money.
Not all ICOs are scam and there are some genuine ICOs too but to identify them you need to do a great level of research and you should also see the team behind the project.
not all of them. It will be not fair calling all ICOs as a scam.
There have been so many successful projects and ICOs and still there.
There have been so many successful projects and ICOs and still there.
Of course not all of them but you should be careful before investing. Always check the whitepaper carefully and the development team.
It depends on your way to choose the ICO.. I agree that there a lot of scam.. If u don't sure about project invest a little sum
Not all of them. First of all you have to understand the idea of the project. Is it profitable or not. And of course whitepaper.
If everything is okay. It's not a scam
If everything is okay. It's not a scam
This is depend on the presentation of the upcoming ICOs. Primarily ICO should have the following to call it legit: 1. Reputable and respectable people behind the projects 2. Official website 3. Whitepaper or technical papers that would explain the broad operation of products being launched. Finally a prototype GitHub directory where in developments are in progress.
many of them yes,I never invest in ICO 
In my opinion, now on the market really are a lot of crooks, but that's okay. The cryptocurrency market is too young and ICO especially. A huge number of fraudsters is not surprising, and will continue until the market starts to adjust.
There are many ICOs scams out there in the market currently due to its lack of due diligence during the process. However no doubt, there are many good ICOs with very brilliant ideas available in the market too. Need to identify which are the ones that are worth and trustworthy enough to buy, look through their white paper, look into forums, telegram chat discussion. The thing is, today if i set up an ICO, after the period ended, if i run away with the money, due to the decentralized nature of crypto, nothing much can be done.
Not all ICOs are scam but large number of ICOs are scam that was one of the main reason why China banned ICOs.The number if ICOs which are good and not fake is very very less so it better to watch where you are going to invest as you would regret if it were a scam.The real ICOs works very hard but these scam ICOs has really gave bad reputation to all ICOs.But if you are experienced and has a good knowledge about ICOs and stuff then it is very profit in short term I think.
There are a lot of scams out there so you better watch out. You need to read alot whitepaper, team backgrounds so you can make decision but nothing is guaranteed
All ICO not scam. I participate in a new ICO car-taxi (CTX) which is just completed its pre-ico and I already received this month dividend in my ether wallet and ico sale will start after 2-3 days. If you do proper study and make due diligence and proper study, you get good profit from any ICO.
Everyone has to research before investing into an ICO. The team and their background, the ideas and roadmap and lastly the quality of whitepaper and website. Its not that hard to find a scammy ICO.
All ICO not scam. I participate in a new ICO car-taxi (CTX) which is just completed its pre-ico and I already received this month dividend in my ether wallet and ico sale will start after 2-3 days. If you do proper study and make due diligence and proper study, you get good profit from any ICO.
I do not thing that ICOs are scam. So far i never heard that some one has been scammed. But it would be wise to do a bit of research before investing in anything. I think there are some really good ICOs out there, it is only up to you to find what you want and which is best for you. At the end, i guess the only question is will it succeed or not. Chose wisely.
Uncontrolled speculation is the basis of every ICO, they only offer projects that may not have been all-time-tested. The risks are huge but all can be overcome by escrow participation in their sales. This year many ico are responsible, if they do not touch the soft cap then the funds will be refunded back to investors. I never thought about the possibility of scam because I just think of it as a lottery.
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
There is always a possibility that it may be a scam. You just have to be more vigilant when choosing an ICO to invest on these days. But not all of the ICOs are scams, most of them are still legit.also a failed ico isn't a scam, a scam is where they raise money for a nonexistent product
Don't know about this. Sorry!
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
There is always a possibility that it may be a scam. You just have to be more vigilant when choosing an ICO to invest on these days. But not all of the ICOs are scams, most of them are still legit. Jump to: