It's the FIRST thing I judge them by but in a very "first date" sort of way.
I need have some level of comfort that a lot of effort and thought has been put into a website, whitepaper and the accompanying project but I would not invest unless I met someone on the team in person or at least had a conversation with them over the phone (e.g. "hey, send me your pro forma financials so I can take a look at them and maybe we can have a phonecall"). There are plenty of ICO's from local companies where I live so it's very conceivable that I can go to one of their investor presentations or meet them in person.
There is also a new trend towards "Security Token Offerings" that are securities law compliant and often have an offering memorandum or legal disclosure document that you can actually verify. I might invest in an STO just by looking at the website and then going through the KYC process as there is some level of comfort that the company is at least going through the legal process with a regulator (although the regulator does not judge the merits of the ICO).
Topic: Do you judge a coin/token/project by their website? - page 3. (Read 581 times)
Scammers nowadays are equipped with great minds to fake everything they needed just to attract investors. Scammers also setting up their plans like a regular whitepaper. Their roadmap to scam others is really well planned. So, don't rely on website, social media, and ico reviews. Better to do research of the team members and company, their connection with other companies.
It is a factor to consider but not to be totally trusted. Anything on the web now a days can be easily made whether legit or not. It would most probably be safer to make reference with ICO trackers in order to get a better view since they do ratings on these projects. We can never be too certain about anything now a days especially those on the internet because of the multitude of scammers lurking around. So it will boil down to us making that ultimate decision of taking the risk or not.
Website will give you idea how capable they can deliver results but it's not the ultimate factor to consider the authenticity of the project. Many scammers can do a very sleek website yet there's nothing in it. Check for their whitepaper, source code, the team members involved or how far they in terms of their product's development. There are so much things to check for before investing your hard-earned money. Scammers can deceive you in so many forms.
I think that discord is also a good platform to see how is the community of a currency, despite having spam, is much better to telegram because it is usually heavily moderate, the websites are important too because they are usually the first impression for many investors, but remember that the most important thing about a currency is the technical aspects.
It can be one of the basis because I've seen ICOs before that has a very poor and unprofessional website and that makes their ICO not so reliable. But its not new to us that also scammers knows how to create a very good and very well themed website to deceive investors.
Pretty simple question. At the moment 99.999% of new coins tokens and crypto project all have a telegram group (full spam and bounty hunters) , a twitter account that only posts pre-made bullish news about their own coin, a subreddit with 20 subscribers and 5 bots, a Facebook page full of 3rd world country princes asking for your eth private key.
What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
the website is not always the main benchmark for me to consider the project good or not. I prefer to rate projects through whitepapers. Because in the whitepaper clearly more info we can get What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
I don’t judge a token by the website project product or whitepaper
Because recently even scam projects have websites whitepaper and social media’s
I merely use instincts after monitoring few instances of chances
Figure out your own method that works best for you
Then you are safe
Because recently even scam projects have websites whitepaper and social media’s
I merely use instincts after monitoring few instances of chances
Figure out your own method that works best for you
Then you are safe
Pretty simple question. At the moment 99.999% of new coins tokens and crypto project all have a telegram group (full spam and bounty hunters) , a twitter account that only posts pre-made bullish news about their own coin, a subreddit with 20 subscribers and 5 bots, a Facebook page full of 3rd world country princes asking for your eth private key.
What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
They are using the service and look at there are some that have used similar design to their website and that was obviously if they are buying it from the same person. And website cna be considered as a good thing to judge how good the project is. I just try to pick up the project which has created the product. What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
Only their website. But how accurate and trustworthy can a website be?
Head over to the Scam Accusations board to see just how many projects display fake teams and fake information on their websites. A flashy website can be built in an hour or two and be full of completely false information and pictures.
As you mentioned, everything is easy to fake - Facebook, Twitter, Telegram, Reddit, Linkedin, etc. It is trivial to set up pages on all these sites and fill them with fake investors.
Perhaps the best idea is to just stay away from ICOs altogether. The vast majority are scams or trash.
Basically
Back in those days website monitoring, whitepaper and social media for facts were spot on
And even researches is easy
But recently after several frauds attempt, there is a need to be more active
I engage the project team couple of technical questions
If they pass I invest
It they fail I gamble on them often
Back in those days website monitoring, whitepaper and social media for facts were spot on
And even researches is easy
But recently after several frauds attempt, there is a need to be more active
I engage the project team couple of technical questions
If they pass I invest
It they fail I gamble on them often
Pretty simple question. At the moment 99.999% of new coins tokens and crypto project all have a telegram group (full spam and bounty hunters) , a twitter account that only posts pre-made bullish news about their own coin, a subreddit with 20 subscribers and 5 bots, a Facebook page full of 3rd world country princes asking for your eth private key.
What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
What is left to judge a product? Only their website. But how accurate and trustworthy can a website be? White paper too aren't to be trusted, since 90% of the time they get changed work-in-progress.
What metrics do you use?
Jump to: