Topic: Beware of lying project team - page 2. (Read 945 times)
each project team has a variety of ways to attract the attention of their investors, so it's not surprising that we hear projects that claim that their tokens will be listed on the top exchange. this is one of the common ways that the average project developer does it.
They do that because they want you to invest in their project. I participated ico before and I only earn money from 1 campaigns that I joined.
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
A team that lies to their investors is something everyone would like to avoid, but sometimes you can't really tell when this is happening and by the time you realize what's happening, it's already late. That's why it's very important to take your time and read everything about a project before you start to put any effort into it.Before you start you should check their white paper thoroughly, and check if there are any mistakes and whether it seems too good to be true. And what some people don't do is to ask questions about a project , they just look at it and if it seems good, they jump in. If you ask these scammers a serious question, they will either neglect you or even block you lol, and when they do that, it's a sign that it's a scam.
I really liked your message, I decided on another forum to share your information, the more people know, the better. But there for some reason they did not appreciate it. Well, at least there are a lot of adequate people.
You are very wise, because not everyone wants to share important information in other forums to be known by many people, because spending a little time to share with others is a very good job. I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
If investors are fool, it is their regret. If a team says that they will list their tokens on Binance or top exchanges but without confirmation or legal procedures they believe and invest on that tokens, it is their fault. To invest in new project, they have to be cunning more that the project team.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Once I got into such a story because of my stupidity. The ICO project has written achievements and plans that did not apply to it. So I got to the scammers, but after this incident I always study both the team and the information about exchanges. (GraphenPower project)
The team will show us how good the ico is. I remember i have participated in so many campaigns and then some campaign has been lying in term of distribution or even turned into the scam project. Team matters a lot but we must remember if we must take a look at the track record from the team members and the product as the main consideration.
Announcing IEO listing on a top exchange is a normal thing as the project needs investors. It's a tactic that they are bringing up to their advertising so that investors will buy up and the others who have been following their project. I personally also always see the official news on their social media if there are projects claim that they have support by a top Exchange, exchange will also announce when there is or there will be a new token.
this can minimize the loss that we will get.
this can minimize the loss that we will get.
if the dev team of one project announce that they will enter on the top exchanges, better follow those exchanges social media account.. you will be the first to know if those scam project will be listed 
They can announce something like that, as long as they don't reveal the identity of the exchange, I think everything is okay. And never relying entirely on the words of the project, we need to follow the twitter of relevant exchanges to get the most accurate information.
Once I got into such a story because of my stupidity. The ICO project has written achievements and plans that did not apply to it. So I got to the scammers, but after this incident I always study both the team and the information about exchanges. (GraphenPower project)
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
Common scenarios coming from different projects. 
That is very common already especially for those projects that will end up being a scam or a dead coin.
Some of the project developers really deceive not only the investors but also the bounty hunters who helped them in advertising their project. The best thing to do with this is just not to invest on it or don't join in their bounty campaign.
Don't support their project if you are seeing some fishy moves coming from them like what you said that they will be listed on popular exchanges but the truth is it isn't. Asking from their customer support or developers can also help too with exchange listings.
I really liked your message, I decided on another forum to share your information, the more people know, the better. But there for some reason they did not appreciate it. Well, at least there are a lot of adequate people.
if the dev team of one project announce that they will enter on the top exchanges, better follow those exchanges social media account.. you will be the first to know if those scam project will be listed
It's an obvious thing that you should do your own research, investigate the subject. You should check the team, the social networks and community, the idea itself, you shouldn't think that some exchange's listings can be a guarantee of your profit. The market has only few good projects annually so that it's really hard to find the worthy ones.
Indeed but lets admit that some of us are lazy to conduct a research and verify if the claim of the team were true, what matter is the profit and its because of greed. If the offer is too good and promising high return and saying they will be listed in reputable exchanges, think and verify it first to make sure they are not fooling around for their own sake.Except laziness many of us are not equipped with technical knowledge. I participated in one bounty last year
where everything looked fine, their site, their WP, their team was active on social networks. With my research
I thought they are a great project. Before the end of ICO they just went offline everywhere and nobody saw
them again.
Now when I doubt in new projects even if everything look perfect. Often I decide to invest in well-known
alt-coins than in new projects just because of my bad experience.
It's an obvious thing that you should do your own research, investigate the subject. You should check the team, the social networks and community, the idea itself, you shouldn't think that some exchange's listings can be a guarantee of your profit. The market has only few good projects annually so that it's really hard to find the worthy ones.
Indeed but lets admit that some of us are lazy to conduct a research and verify if the claim of the team were true, what matter is the profit and its because of greed. If the offer is too good and promising high return and saying they will be listed in reputable exchanges, think and verify it first to make sure they are not fooling around for their own sake. 
Any project that promises to list on a top exchange as a means of getting investment from investors will most likely scam them. I believe the real factor that should be sold to convince investors is the project development no the the listing on a top volume exchange. Of what use is a token/coin(especially a utility token) if it has no use? I really think people should look beyond such worthless projects, they are a way to lose money quick.
Being listed on binance doesn't require all that much honestly. You need to have a constant volume and also need to pay them a certain amount of money, but binance is a business to start with, so if they think they could make money from you, they will list you, why wouldn't they list you if they think they could make money from you.
So, if you have a huge volume you will be listed. What would you need for a big volume? You need to look like you go up but go down as well and be volatile so that people could make money. That is not an easy thing of course because many coins basically get zero volume these days, but the best thing about volume is if you could manage it once, it rarely ever goes away, because people see that volume and come even more and create even more volume.
So, if you have a huge volume you will be listed. What would you need for a big volume? You need to look like you go up but go down as well and be volatile so that people could make money. That is not an easy thing of course because many coins basically get zero volume these days, but the best thing about volume is if you could manage it once, it rarely ever goes away, because people see that volume and come even more and create even more volume.
You are right there are many projects which tells that they have applied for Binance and soon you will hear good news but after two years(two projects I know) not listed on Binance nor they explained.
You can't blame those projects who wants to list on top exchanges, they dreamt about it until they find out that the listing fee ain't something they are ready for or will be ready for, small projects will always have problem listing on top exchanges
Yeah you are right, or maybe with announce it hoping to land huge number of investors to invest and be able to reach the projected amount of funds for the developments of the project. It is part of their strategy to attract investors but still investors have already learned their lesson from previous projects with same strategy that turned out to be scam. 
I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up
indeed there are currently many fake projects, so if you want to invest in the project, we must analyze and find information as completely as possible, we all don't want the savings we have lost in vain because of choosing a fake project. 
I have also found a number of projects that claim to be listed on several top exchanges soon, but the reality is the projects team
lie to investors and bounty hunters. Based on my experience, it is better for investors and bounty hunters if you want to take part
in projects, you have to research carefully. So you can avoid project teams that lie that tokens will list on the top exchanges. Even
though the fact is that haven't got exchanges for listing projects or have already been listed on exchanges that aren't credible.
Just be careful and stay safe.
lie to investors and bounty hunters. Based on my experience, it is better for investors and bounty hunters if you want to take part
in projects, you have to research carefully. So you can avoid project teams that lie that tokens will list on the top exchanges. Even
though the fact is that haven't got exchanges for listing projects or have already been listed on exchanges that aren't credible.
Just be careful and stay safe.
Jump to: