With the rise of ICOs, greedy individuals have found the perfect opportunity to scam crypto and ICO investors. How do you think we should collaborate to identify scammers and stop them?
Identifying scammers have become abit hard as they scammers have learned the are of deception and mastered it. But some of the points that you should be looking out for I believe are:
- Do they have a working demo?
- Do their team have Linkedin accounts?
- Are they promising large amount of money in exchange for small investment?
- Do most of their social posts tell you to invest in them, and only a few about their product that they are offering?
These are some of the points you need to lookout for.
