From what countries ICOs are perceived as reliable? Is there a rule for that? - page 2.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: gregory51gosh on June 02, 2017, 08:27:31 AM

I've noticed that announcements of projects from some countries are perceived as better or worse in the community (i.e. more often perceived as scam or perceived as more professional etc., but maybe I'm wrong):

Example countries:

1. China (i.e. dgx.io)

2. Russia (i.e. ZrCoin)

3. Estonia (i.e. Wings)

4. Switzerland

5. USA

6. Poland (i.e. Golem)

7. India

8. Singapore

9. Israel

etc..

Which are more reliable? Or maybe it is just a matter of communication or translation?

It all comes down to merit and the reputation of the team in my opinion. If they have some people that have contributed to the community and they actually know what they're doing, along with having a fair amount of information about themselves, I'll treat it as less of a worry than something with a bunch of no-names that are trying to do something massive.

I have no idea if there are any "good" countries that put out ICOs and if there are any "bad" ones.

Wandika

sr. member

Activity: 508

Merit: 250

In CryptoEnergy we trust

I think you forget korea, They are launching BOScoin. But in terms of reliability, I don't only check the country but the Whitepaper itself and the credibility of devs. But most of successful coin came from Russia. China ICO is suck and full of promises.

Qartersa

hero member

Activity: 868

Merit: 535

Quote from: gregory51gosh on June 02, 2017, 09:20:45 AM

So mainly I should focus how much money was put into the project? And other assets? Like in zr coin there was an office, showing a fab. Something like a proof of concept?

Doesn't really matter where the ICO or project came from, what matters is the project itself and how much efforts the developers are doing for it. You should assess it based on your own criteria whether a project is legit or not. There is really no single rule to judge whether a project is a scam or not, but you can be safe if you do your due diligence.

gregory51gosh

sr. member

Activity: 364

Merit: 250

Analysis is the key.

So mainly I should focus how much money was put into the project? And other assets? Like in zr coin there was an office, showing a fab. Something like a proof of concept?

Two4D

full member

Activity: 140

Merit: 100

When it's from russia, it's most of the time a scam. Russian hackers always creates so much creative ways to scam which includes creating ICOs. It really destroys the image of russians.

MadGamer

legendary

Activity: 1568

Merit: 1031

The way I see it is that anyone who judge an ICO/Project from the country of the staff is stupid. You should first read the whitepaper, the team behind the project and their background without giving a damn about the country, how much money they did put on the marketing is also important because scammers are never willing to put money but take it.

gregory51gosh

sr. member

Activity: 364

Merit: 250

Analysis is the key.

Ok, thank you for the answer.

I was wondered because - for example - Golem - is a typical polish project. Poland is no well known in investments. But when golem established in Switzerland, many said 'oh, great project from Switzerland'.

That is why I am wondering if it important for people to heave establishment and hide the origins or to show patriotic origins.

I've seen a lot of people attacking Russian projects on the forums in the ANN, but some of them are very good prepared like ZrCoin..

I just got my mind confused.

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: gregory51gosh on June 02, 2017, 08:27:31 AM

I've noticed that announcements of projects from some countries are perceived as better or worse in the community (i.e. more often perceived as scam or perceived as more professional etc., but maybe I'm wrong):

Example countries:

1. China (i.e. dgx.io)

2. Russia (i.e. ZrCoin)

3. Estonia (i.e. Wings)

4. Switzerland

5. USA

6. Poland (i.e. Golem)

7. India

8. Singapore

9. Israel

etc..

Which are more reliable? Or maybe it is just a matter of communication or translation?

It's too hard to know what is or isn't a scam. In the ICO world, I think it's safe to have a mindset where everything is a scam by default.

China has tons of people so statistically tons of scams are going to come from China. They say the chinese love money above everything else because coming from communism they now want to get their hands of all money. I don't believe in racial generalizations tho.

Just go project by project and evaluate.

gregory51gosh

sr. member

Activity: 364

Merit: 250

Analysis is the key.

I've noticed that announcements of projects from some countries are perceived as better or worse in the community (i.e. more often perceived as scam or perceived as more professional etc., but maybe I'm wrong):

Example countries:

1. China (i.e. dgx.io)

2. Russia (i.e. ZrCoin)

3. Estonia (i.e. Wings)

4. Switzerland

5. USA

6. Poland (i.e. Golem)

7. India

8. Singapore

9. Israel

etc..

Which are more reliable? Or maybe it is just a matter of communication or translation?

Topic: From what countries ICOs are perceived as reliable? Is there a rule for that? - page 2. (Read 830 times)