Beware of lying project team - page 3.

Retainly_Collie

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Quote from: monineklutak on May 17, 2020, 07:42:45 AM

Quote from: Ken_terrance on May 17, 2020, 07:40:09 AM

Some new project team has no reputations to keep so they start deceiving investors, care needs to be taken to avoid such projects, once the project team are not following their promises or lied about the development of the project then that's a sign, you should abandon the project

therefore make sure you always check the reputation of the project on several websites, such as Icoholder or TrackIco,
there we can get information about the team whether verified or not

Don't trust those sites, they don't give honest reviews about projects. I have seen many good projects before, but in the end they were scammer and disappeared from this market.

monineklutak

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Quote from: Ken_terrance on May 17, 2020, 07:40:09 AM

Some new project team has no reputations to keep so they start deceiving investors, care needs to be taken to avoid such projects, once the project team are not following their promises or lied about the development of the project then that's a sign, you should abandon the project

therefore make sure you always check the reputation of the project on several websites, such as Icoholder or TrackIco,
there we can get information about the team whether verified or not

Ken_terrance

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Some new project team has no reputations to keep so they start deceiving investors, care needs to be taken to avoid such projects, once the project team are not following their promises or lied about the development of the project then that's a sign, you should abandon the project

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Quote from: princeyeboah on May 17, 2020, 01:45:45 AM

It all comes down to the fact that investors or bounty participants should do extensive research into projects before venturing. Normally, for a team to start lying means they intend to scam investors. Researching and paying much attention will reveal the credentials of the team members. A team that does not walk the talk is not the right team to push the project forward - such project is bound not to succeed.

it is a good and correct way to invest safely, it is necessary to conduct deeper research on the projects developed and the team owned, but in some cases many are still affected by the scam project even though everything looks convincing but it is still a scam, it is difficult to avoid the case like this.

princeyeboah

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It all comes down to the fact that investors or bounty participants should do extensive research into projects before venturing. Normally, for a team to start lying means they intend to scam investors. Researching and paying much attention will reveal the credentials of the team members. A team that does not walk the talk is not the right team to push the project forward - such project is bound not to succeed.

Saisher

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Quote from: Byakuga on April 27, 2020, 03:21:43 AM

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

Only one way to find this out and this is to ask the exchange if they confirm then the project is good, if not then this is a warning sign that exchange is using deception, and should not be trusted this is a big warning sign for investors and should be reported or create a flag for that project.

Farma

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Quote from: tanjiran on May 16, 2020, 06:49:07 PM

Quote from: BRODIN on May 16, 2020, 12:47:46 PM

investors should be more observant and not easily trust new projects that offer high prizes or even say coins will be listed on large exchanges. as we know that scamers always have a way to fool victims. and generally people easily believe in attractive offers.

Only newbies and new investors can easily believe the nonsense that a project claims to collaborate with a large exchange without an official announcement from the exchange concerned. That is why we have to adapt to this ecosystem as best we can, don't be easily provoked by fake promises.

In fact, for some projects that already have a red mark, there are still some people who don't read the rules that still promote the project. however, not only new people but even older people are still vulnerable to scammers. however, the scammer has adapted to the current situation. great caution is needed, despite research.

DabsPoorVersion

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Quote from: hushpupppy on May 16, 2020, 07:30:01 PM

I think it is quite hard to avoid lying projects, because to my understanding over 70% of projects,they refuse to create any product on the long run, so its no difference.
There are not ways, than just doing research functions properly and tidily

It is true because most of them are just thinking about making money,

They don't proceed with making the project a successful one, once they made enough money they will just leave it and make another project. Avoiding it is nearly impossible, finding a great project seems like a rare now.

hushpupppy

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I think it is quite hard to avoid lying projects, because to my understanding over 70% of projects,they refuse to create any product on the long run, so its no difference.
There are not ways, than just doing research functions properly and tidily

Renampun

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Quote from: FireBallex on April 27, 2020, 08:14:31 AM

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

maybe you are right...
but there are many projects that are arrogant that they will soon be listing on large exchanges such as Binance and so on, but until now they have never registered there, this is what the OP means, the way they attract investors is not fair. they should announce the obvious thing and not only the plans.

tanjiran

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Quote from: BRODIN on May 16, 2020, 12:47:46 PM

investors should be more observant and not easily trust new projects that offer high prizes or even say coins will be listed on large exchanges. as we know that scamers always have a way to fool victims. and generally people easily believe in attractive offers.

Only newbies and new investors can easily believe the nonsense that a project claims to collaborate with a large exchange without an official announcement from the exchange concerned. That is why we have to adapt to this ecosystem as best we can, don't be easily provoked by fake promises.

BRODIN

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investors should be more observant and not easily trust new projects that offer high prizes or even say coins will be listed on large exchanges. as we know that scamers always have a way to fool victims. and generally people easily believe in attractive offers.

kingzpro

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I think there is no need to invest in or promote such a project whose lie is confirmed by a third party or whose claims are rejected by a secondary platform or project, although there are many flaws or allegations against some projects still they prove to be good ones in the end so you never know it largely depends on team's intentions.

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If a project announce that they will list on an exchange all you need to do is make sure that news is genuine. You can search that information from the exchange it self. Dont really trust what team said, you need to check by yourself. Its your money so you need to keep it save.

jcpone

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Quote from: Byakuga on April 27, 2020, 03:21:43 AM

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

When the project announce to their community that they are planning to list the token at the top exchange platform, it doesn't mean
it is sure 100% of course not, its their plan only where in the end they could change that things at any moment for sure. Unless, they are funded
with a big budget for their token something like that.

sandra_x

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I think the integrity of a project team is the most important factor as regard the success of any project. There is no way a project can deliver on her promise to investors if the team members are not trustworthy, such kind of team run away with investors funds, dump tokens on the market or do all sorts of shitty stuffs

Davian144

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Quote from: Jonyshake71 on May 16, 2020, 10:01:29 AM

You are absolutely right. It's really sorrowful that Most of them are fruad. They come with a fake team and claim that their project will be listed soon on top exchange and use hunters for promoting their project. After earn a lot of money, they flee away from crypto market. So IEO is good Option right now to get safe from fruad

Yes, and we also have to look at IEO as best we can, because IEO in a bad exchange is also not good to follow, because the potential to deceive many people also exists, because project teams sometimes deliberately set a trap for investors through IEO on exchanges that are small.

alisonwonder

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Quote from: kapalmabur on May 16, 2020, 10:05:19 AM

The authenticity of the members in a project is very important, the team must be clear if the project can be trusted, but this does not make the project worry because some new projects use fake team members, from the CEO and even advisors are all fake, be careful, make sure you really check

some cases at the beginning of the fundraiser and when the project is in the early phase there are many people participating then they will look responsive but when it starts to end and can get a lot of money from investors they will immediately disappear and show their true nature that they are scamer.

kapalmabur

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The authenticity of the members in a project is very important, the team must be clear if the project can be trusted, but this does not make the project worry because some new projects use fake team members, from the CEO and even advisors are all fake, be careful, make sure you really check

Jonyshake71

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You are absolutely right. It's really sorrowful that Most of them are fruad. They come with a fake team and claim that their project will be listed soon on top exchange and use hunters for promoting their project. After earn a lot of money, they flee away from crypto market. So IEO is good Option right now to get safe from fruad

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