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Topic: avoiding ICO scam and frauds - page 3. (Read 623 times)

sr. member
Activity: 770
Merit: 258
The Standart Protocol - Solving Inflation
June 04, 2018, 05:29:26 PM
#48
You also need to see their activity on github and on every blockchain event. If the developer much appear in blockchain event it is small chance to become scam but still there is chance the project could fail. Every ico have a big risk because cryptocurrencies is still on beta. Whitepapper also can be made to make us sure to invest. Dont be fooled by whitepapper.
member
Activity: 148
Merit: 11
June 04, 2018, 11:33:55 AM
#47
Avoiding the deceptive ico is sometimes a bit difficult because we must be able to check every part there. team and also company. usually we can read reviews from a site to find out ico is good or not

So there is a risk associated with every ICO and we have to take that risk in order to book our profit.
sr. member
Activity: 434
Merit: 250
June 03, 2018, 08:58:51 PM
#46
Avoiding the deceptive ico is sometimes a bit difficult because we must be able to check every part there. team and also company. usually we can read reviews from a site to find out ico is good or not
member
Activity: 350
Merit: 10
June 03, 2018, 08:34:34 PM
#45
We all are well aware of ICO frauds.

I use the strategy to start with a whitepaper, see team member details and the roadmap.

What strategy you adopt to make sure the ICO is not a scam/fraud?

To avoid ICO scam, I chose an ICO that gets a good rating on some ICO Rating Portal like icobench, icotracker, tokenmarket etc. Also, see from partnership and media publication.
It's just my opinion. CMIIW
Are you really sure that ICO rated website like ICO bench, ICO rating, etc are giving us real rating?
I have been joined many ICO and bounty and most of them have a Great rating (almost perfect) but when the project run they start to act strangely and yeah ... it goes scam and sometimes not reached their softcap because of bad product and marketing they give.
full member
Activity: 742
Merit: 144
June 03, 2018, 07:38:37 PM
#44
avoiding scam ico is very difficult.. even the team have faces on their website but we don't know if they are the real ones.


Its hard but we must avoid it so we can save our money from those scammers. You must make your own standards on investing in ICO's and must be done properly. It's better to put some time reading the details of every ICO than to scammed, we all want to lose our money for nothing.
member
Activity: 406
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
June 03, 2018, 05:46:58 PM
#43
A lot of ICOs are becoming scam after they collected raised money and make a strategy to exit, like making an excuse that they been hacked or error with their system.

Better to avoid this scams and invest your hard earned money on trading.
The cryptocurrency market is having too many ICO projects formed so the quality of these projects is very low. If you want to invest in ICO in this period you need to spend a lot of time to study good projects so invest. You can consult from experienced investors to choose a good project.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
June 03, 2018, 05:27:21 PM
#42
In the past, I have often observed reports of the number of tokens sold at each stage with the roadmap and whitepaper to assess whether the ICO project has the potential. But since I know the amazix team, I always choose their ICO campaigns because most of them are not the scam and have great potential.
member
Activity: 742
Merit: 10
June 03, 2018, 04:52:44 PM
#41
avoiding scam ico is very difficult.. even the team have faces on their website but we don't know if they are the real ones.
newbie
Activity: 61
Merit: 0
June 03, 2018, 03:51:47 PM
#40
You can use resources like Verified ICOs and picolo research to gauge whether an ICO is legit or a scam.
sr. member
Activity: 481
Merit: 256
June 03, 2018, 03:21:20 PM
#39
1.   Watch out the team working behind the ICO properly. You should careful read about the qualification, expertise, skills and experience of the team members.
2.   Don’t get along with the high goals. The unrealistic gals are mainly scams.
3.   What is the project? The idea behind the project should be new and interesting.
4.   Whitepaper should carry all the information about the project. If important details are missing, it could be a scam.
newbie
Activity: 53
Merit: 0
June 03, 2018, 10:45:45 AM
#38
A lot of ICOs are becoming scam after they collected raised money and make a strategy to exit, like making an excuse that they been hacked or error with their system.

Better to avoid this scams and invest your hard earned money on trading.
full member
Activity: 1834
Merit: 166
June 03, 2018, 10:11:58 AM
#37
We all are well aware of ICO frauds.

I use the strategy to start with a whitepaper, see team member details and the roadmap.

What strategy you adopt to make sure the ICO is not a scam/fraud?

Differentiating between real and fake ico has turned so difficult nowadays. Professional whitepaper writers nowadays write top class WP for very cheap so it is difficult to predict from WP that project is legit or not. Also faking team is too easy. So my suggestion is to go after projects which have already completed ICO and in development stage. Such coins are still low priced and have huge potential of rising.
Remme is one such project which after a successful ICO is now in-development stage and easily recognizable as legit ICO. There are infinite profit opportunity wiith Remme in future and worth investing.
full member
Activity: 630
Merit: 104
June 03, 2018, 10:03:25 AM
#36
First of all i m trying to check all about team if they are legit etc. Then i m trying find out about community who participate .
full member
Activity: 486
Merit: 100
June 03, 2018, 09:58:10 AM
#35
At first I don't think check WP is really work cause it's not too difficult to create a perfect WP, they just need to copy WP from another project then fix it a little bit or they can pay money for everyone to write a good WP for them. Beside about checking dev team member, I also think it's not a good way to find out scam ICO project cause they can fill everyone in their dev team as they want Smiley. Do you know every single person in this cryptocurrency world? I don't think so Smiley).
newbie
Activity: 121
Merit: 0
June 03, 2018, 09:36:24 AM
#34
sometimes ico scam is the same as ico that is not a scam, until now i have not been able to distinguish it, start from white paper team or se detail detailing in white paper. we need friends to exchange thoughts, we here have bounty hunter grub and this is where we often exchange thoughts and exchange links bounty.

It is not easy to define if that ICO is scam or not because we can believe that they are promising ICO's due to their platform and how they promote it to the community of crypto world.
member
Activity: 395
Merit: 14
June 03, 2018, 08:42:44 AM
#33
I really trust the Amazix team, they have a large investor community. they are very professional in managing an ICO.
why not try it and prove it.

Me too Smiley  very much trusted  group. And their team are  very  approachable. I'm also suggesting Amazix bounties  to everyone  and Join them. You may visit  their website  for more info about their bounties here https://bounties.biz/  and also join them on   their telegram channel https://t.me/amazix_bounties. I also  check  websites  for  me  as  one way  to determine  if the bounty is scam  and also  double  check  white  paper and  their  team  one of the  factor  upon checking  bounties.
member
Activity: 210
Merit: 10
June 03, 2018, 08:26:56 AM
#32
I've never been caught by ICO scammers. When I evaluate IСO, I try to invest only in those where a strong well-known team, a good product and there are reviews of analysts on the project!
full member
Activity: 714
Merit: 114
June 03, 2018, 04:06:36 AM
#31
We all are well aware of ICO frauds.

I use the strategy to start with a whitepaper, see team member details and the roadmap.

What strategy you adopt to make sure the ICO is not a scam/fraud?
no app or any feature can predict the existence of true ico or scam we have to do all in private and must be careful in determining a project ,, i do according to what you have done before

i think there is . I heard a website lately that list all legit ico's , they also list the bad ones or that may potential to become a scam ( you may try to google it because i forgot the name of that site ). Even here on the forum i do also see a thread that filters out the good and the bad ico's .  but despite all of these methods or suggestions , i guess it is still much better if we can do a short research about their info before we decided to continue so that we can be sure that we are chosing the right one.
full member
Activity: 1050
Merit: 100
June 03, 2018, 03:58:51 AM
#30
We all are well aware of ICO frauds.

I use the strategy to start with a whitepaper, see team member details and the roadmap.

What strategy you adopt to make sure the ICO is not a scam/fraud?
no app or any feature can predict the existence of true ico or scam we have to do all in private and must be careful in determining a project ,, i do according to what you have done before
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
June 03, 2018, 03:14:30 AM
#29
I really trust the Amazix team, they have a large investor community. they are very professional in managing an ICO.
why not try it and prove it.
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