How do you know a shitty ICO - page 2.

TopT3ns

hero member

Activity: 2548

Merit: 572

#SWGT CERTIK Audited

Quote from: sam2014 on September 17, 2018, 05:07:49 AM

Mostly I judge them by the team, come on check this forum and see a lot of icos company looking for partners to work for free for them in order to collect a coin which the future is not even certain. If you don't have money to pay a developer, whitepaper writer etc. How on earth will you f*cking get money for promotion. Huh

If me i will look on their website, whitepaper, etc that they have. But if people in here bullied some project, it means that project is bad. We must know bully and fud is different in here, and we will know what different between both of it.

nhattori27

member

Activity: 387

Merit: 11

It is not that easy to spot scam ICOs, as they have also been using a lot of money for advertising and promotion. Initially, they are using some money to promote their project and later on when they collect some funds from investors then they simply run away with that.

giogio0504

jr. member

Activity: 322

Merit: 3

In some cases it is obvious, team is not defined or is suspicious, idea is copied, roadmap is not well defined and is not detailed, whitepaper is very general. I al looking also at www.icoguide.com rates, if the rate is low it is also sign, as they have very realistic rates.

PM.coins

sr. member

Activity: 616

Merit: 250

Can be examined by checking the background of the project team or identity data.
Then the goal of the project. And the saddest when you do a question, but does not get a response from the manager. Then forget it!

askmecrypto

full member

Activity: 406

Merit: 109

Quote from: sam2014 on September 17, 2018, 05:07:49 AM

Mostly I judge them by the team, come on check this forum and see a lot of icos company looking for partners to work for free for them in order to collect a coin which the future is not even certain. If you don't have money to pay a developer, whitepaper writer etc. How on earth will you f*cking get money for promotion. Huh

Not just the team, there are many loopholes when it comes to bad ICOs or even scam ones.
First foremost thing is the whitepaper, I have seen a lot many projects whitepaper which are not written professionally. Many do not include any technical part in the whitepaper.
Another thing is the authenticity of teams and partnerships. If they are faking any partnerships and there is no written proof of it, then its a scam.

DeKingCrypto

full member

Activity: 518

Merit: 124

One of my ways, is fake team members or not enough information to verify the claims of the team members. Also over promise what you know may not be possible with their hardcap.

ginobitcoiner

full member

Activity: 700

Merit: 101

BBOD Trading Platform

the team's background is not known with certainty, even they take the identity of others to be displayed on the website, WP and all supporting device documents in the ICO project.
allocation of tokens that don't make sense, and many other things that can be used as analytical material

Pokemon Go

member

Activity: 336

Merit: 10

if I personally, there are several criteria for me to say that the ICO is shitty, that is :
1. the ICO date is not in accordance with what was written, because the ICO gets a lot of investors so that he submits and increases ICO time.
2. the bonus given by ICO does not make sense, which is more than 60%, some even have bonuses that can reach 100% - 200%.
3. never update the latest information, such as the number of tokens that have been sold during the ICO and the progress of the project.

cryptoman1ac

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Activity: 182

Merit: 13

Powered by Artificial Intelligence & Human Experts

A shitty ICO is one without a clear goal or roadmap. But even a shitty ICO can get very successful if the community would greatly support it. For instance, a shitty ICO that is too cheap (in terms of price) and gets listed in CMC is a very enticing shitty ICO lol.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: GmBoom on October 11, 2018, 09:44:10 PM

You can find out if the ico was shitty or like a scam one when you try to filter out the teams, especially finding out their real identities. When you find out irregularities on the ico project, while reading out the whitepaper. And when they are just talk without prior working product.

When you tried out to check reputation or investigation section you will find that most busted scam projects do mostly uncovered by seeing or checking their teams true identity yet there have been lots using others faces and some comes to a point to use up some photoshop ones and using different names and with these things you can spot it out directly.

antran123

jr. member

Activity: 182

Merit: 1

There are many things you can check.
1. The team behind the ico
2. The advisors
3. See if they have a working product already
4. Their roadmap

GmBoom

jr. member

Activity: 322

Merit: 2

You can find out if the ico was shitty or like a scam one when you try to filter out the teams, especially finding out their real identities. When you find out irregularities on the ico project, while reading out the whitepaper. And when they are just talk without prior working product.

trofim21

sr. member

Activity: 658

Merit: 252

Of course, the idea of the project is the most important of all, there are such projects where the idea is simply ridiculous and it is immediately clear that they have no future so you need to pay attention

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: sam2014 on September 17, 2018, 05:07:49 AM

Mostly I judge them by the team, come on check this forum and see a lot of icos company looking for partners to work for free for them in order to collect a coin which the future is not even certain. If you don't have money to pay a developer, whitepaper writer etc. How on earth will you f*cking get money for promotion. Huh

Money is indeed everything but there are circumstances that a project owner didnt need out their own money from their pockets for promotion.It sounds dumb but
ive seen there are people who do works out for a particular purpose which they do know it might like a gamble but those are just personal discretion.
Why would worry too much? unless if you do have plan to promote on your own Grin

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: sam2014 on September 17, 2018, 09:23:21 AM

Quote from: KingScorpio on September 17, 2018, 05:26:07 AM

Quote from: sam2014 on September 17, 2018, 05:07:49 AM

Mostly I judge them by the team, come on check this forum and see a lot of icos company looking for partners to work for free for them in order to collect a coin which the future is not even certain. If you don't have money to pay a developer, whitepaper writer etc. How on earth will you f*cking get money for promotion. Huh

bitcoin and ethereum where started without a single dime,

satoshi didn't spend a cent to get bitcoin build.

and billionaires making their own icos, will not be very popular, because that would be successful icos according to your logic

And who told you ethereum never spent a dime? Huh. How did you get to know about ethereum to invest in it?
Bitcoin owner didn't spent a dime because others did, men like bitcoin Jesus, Andreas anotopolous and the likes.
ceos of ico don't wanna spend a dime, but want a lot of partners and then later scam people.

then your perfect ico is obviously ripple, that has been founded by the same people that are sitting in the federal reserve and are printing US dollar all day and scamming the entire world with it.

good luck investing in ripple

all icos that have a lot of money are basically old rich elite, trying to recolor themselves, so its a bad sign if an ico spends a lot of money. as they are just Banks 2.0.

if you support icos that spend a lot of money to establish themselves then you basically also continue just with the current establishment

sam2014

member

Activity: 263

Merit: 10

Quote from: KingScorpio on September 17, 2018, 05:26:07 AM

Quote from: sam2014 on September 17, 2018, 05:07:49 AM

Mostly I judge them by the team, come on check this forum and see a lot of icos company looking for partners to work for free for them in order to collect a coin which the future is not even certain. If you don't have money to pay a developer, whitepaper writer etc. How on earth will you f*cking get money for promotion. Huh

bitcoin and ethereum where started without a single dime,

satoshi didn't spend a cent to get bitcoin build.

and billionaires making their own icos, will not be very popular, because that would be successful icos according to your logic

And who told you ethereum never spent a dime? Huh. How did you get to know about ethereum to invest in it?
Bitcoin owner didn't spent a dime because others did, men like bitcoin Jesus, Andreas anotopolous and the likes.
ceos of ico don't wanna spend a dime, but want a lot of partners and then later scam people.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

A shitty ICO is one that posts in this section.

If the CEO can't be bothered to read the one sticky, they are probably going to suck at other details as well... :/

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: sam2014 on September 17, 2018, 05:07:49 AM

Mostly I judge them by the team, come on check this forum and see a lot of icos company looking for partners to work for free for them in order to collect a coin which the future is not even certain. If you don't have money to pay a developer, whitepaper writer etc. How on earth will you f*cking get money for promotion. Huh

bitcoin and ethereum where started without a single dime,

satoshi didn't spend a cent to get bitcoin build.

and billionaires making their own icos, will not be very popular, because that would be successful icos according to your logic

sam2014

member

Activity: 263

Merit: 10

Mostly I judge them by the team, come on check this forum and see a lot of icos company looking for partners to work for free for them in order to collect a coin which the future is not even certain. If you don't have money to pay a developer, whitepaper writer etc. How on earth will you f*cking get money for promotion. Huh

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