HOW to 100% avoid SCAM ICOs - page 7.

Jekbolt

member

Activity: 266

Merit: 20

Quote from: Indick123 on September 09, 2018, 01:31:52 PM

It is not easy to recognized scam since some of ICO project are not visible to all the participants, the only way I think to avoid scam is to build software that signify .

What do you mean saying a software that signify?

What signify? Are you talking about KYC for co-founders and other team members of ICO startups? Hm..most of ICOs are passing KYC on many trackers (ICO listing websites) with no positive effect.

cryptokingmaker

newbie

Activity: 210

Merit: 0

Quote from: BTC-BTC-BTC on September 09, 2018, 12:51:20 PM

An escrow ICO is a must in couple years. When no one is willing invest traditional ICO. We are not there yet but, we will definitely get there. There is no problem for legit team and project. It targets scam mostly.

You are right, it is possible only through with the Escrow but how long he should the funds in order to distribute the fund to the company, i think governments should control the escrow activity because they will release the amount to the company one the basis of the developments they do.

Ayston

newbie

Activity: 203

Merit: 0

There is no guaranty to know if a an ICO is scam or not... Since if the project is not a scam some project don't make it to the soft cap hence the project tends to fail so to make it successful you should also encourage others to make their social media more enthusiast to magnet the eye of possible investors..

hunnykaushal

full member

Activity: 448

Merit: 137

What we can do is proper research before any investment.

I most find very high rated project on ICOdrops and invest on them.

bkrobottc1

newbie

Activity: 183

Merit: 0

Quote from: kewlc3s on September 10, 2018, 02:53:39 PM

Quote from: amir lusik on September 09, 2018, 01:07:47 PM

It is difficult to identify scam projects . many projects lack transparency, so we hope there will be a mechanism to neutralize fraud in the future.

I would say it is almost impossible. Good example - Centra Tech.
Good team, very strong support team and advisors - Floyd Mayweather, DJ Khaled and much more.
After ICO, price was going up, cards were sent. But, it all was a scam. All fake. Pity

I think ICO is one of reason make price of ETH down. All scam project receive many ETH then sell them with low price.

RobinGood

jr. member

Activity: 364

Merit: 1

in any way! it's impossible! 100% definitely not

trextoken

newbie

Activity: 4

Merit: 0

NOT ALL ARE SCAM

AxeWin

newbie

Activity: 76

Merit: 0

Quote from: Armadeus on September 08, 2018, 09:37:28 AM

People we are all arguing that 80-90% of projects are scam startups. But in order to avoid it, we just need to invest only in ICOs, which use Escrow. That's it.

No product progress = no money.

I think this year for the ICO was not successful, many projects that went to the stock exchange in a couple of months were a trifle.

kewlc3s

full member

Activity: 672

Merit: 140

Quote from: amir lusik on September 09, 2018, 01:07:47 PM

It is difficult to identify scam projects . many projects lack transparency, so we hope there will be a mechanism to neutralize fraud in the future.

I would say it is almost impossible. Good example - Centra Tech.
Good team, very strong support team and advisors - Floyd Mayweather, DJ Khaled and much more.
After ICO, price was going up, cards were sent. But, it all was a scam. All fake. Pity

alrose

full member

Activity: 720

Merit: 103

There are absolutely no guarantees to avoid scammers when investing in ICO. Even if you do not fall for scammers, there is still no guarantee that you will make a profit, the project just might fail. From this no one is immune.

ABYANSYARIF

jr. member

Activity: 364

Merit: 1

www.savedroid.com

Quote from: AlekseyCrypto on September 09, 2018, 06:59:25 AM

Quote from: ABYANSYARIF on September 08, 2018, 11:44:14 AM

the only way to avoid 100% scam ICO, is not joining ICO,but you will lost chance to get profit from good ICO

In my opinion, there are no profitable ICOs this year. I followed many projects and the price of their tokens fell after the release of the exchange. Can you tell me what have been successful ICO this year?

you might want to read this, https://cryptovest.com/features/5-most-profitable-icos-of-2018-so-far/
i dont know whether it's true or not, you can always crosscheck

Flayme

newbie

Activity: 210

Merit: 0

Quote from: bkrobottc1 on September 08, 2018, 10:41:27 AM

The best way is don't invest

. This year is a difficult year for ICO after the explosion of ICO in 2017.

Investment is really risky but if we have a knowledge on how to avoid it we will not take risk our money to much. But if we invest without knowing if the project is good or not.. We are just like wasting our money and our efforts will be go in vain. That's why before we participate in investing we need to make we are knowledgeable enough..

Indick123

newbie

Activity: 24

Merit: 0

It is not easy to recognized scam since some of ICO project are not visible to all the participants, the only way I think to avoid scam is to build software that signify .

Marcel666

jr. member

Activity: 266

Merit: 2

The Premier Digital Asset Management Ecosystem

I don't think escrows apply to investors in an ICO.
Do your due research, on the project, team, product, process.
There is no 100% guarantee that you would pick up on all scam projects. You would be less prone to getting duped.

amir lusik

full member

Activity: 518

Merit: 100

It is difficult to identify scam projects . many projects lack transparency, so we hope there will be a mechanism to neutralize fraud in the future.

BTC-BTC-BTC

legendary

Activity: 1582

Merit: 1001

www.neutroncoin.com

An escrow ICO is a must in couple years. When no one is willing invest traditional ICO. We are not there yet but, we will definitely get there. There is no problem for legit team and project. It targets scam mostly.

Muzika

sr. member

Activity: 980

Merit: 261

Quote from: Armadeus on September 08, 2018, 09:37:28 AM

People we are all arguing that 80-90% of projects are scam startups. But in order to avoid it, we just need to invest only in ICOs, which use Escrow. That's it.

No product progress = no money.

I have seen that kind of ICO that every fund that they earn there will be an allocation for funding the bounty campaign and the idea is very nice so hopefully it will happen in the future so that the people wont have any doubt joining bounty campaign.

Jamota459

newbie

Activity: 98

Merit: 0

This is very difficult to know and find out if the ICO is a scam. Mostly they were responsive to messages. And all others things. At the end you only find out it was a scam

Koadharber

hero member

Activity: 1065

Merit: 510

Quote from: biofuel on September 09, 2018, 08:01:11 AM

Quote from: Koadharber on September 09, 2018, 07:40:39 AM

Quote from: Armadeus on September 08, 2018, 09:37:28 AM

People we are all arguing that 80-90% of projects are scam startups. But in order to avoid it, we just need to invest only in ICOs, which use Escrow. That's it.

No product progress = no money.

Easy to say but nowadays its rare to see for a certain team to let escrows handle the money had been accumulated on the sale.Either they do have doubts to the escrow itself even no matter how trustable it is when it comes on handling millions of USD you cant assure if those trustable escrows wont able to be tempted to steal off that's why we don't really see such thing. So in either both sides theres no guarantee but I agree on the fact that having a product would really be more appealing to invest on.

I remember when ICO trend was starting. Almost every startup was using Escrow. But then the hype was so huge that ICOs decided dont use it and it was a fault. Now investors dont believe even to good projects.

Yeah, I remember those days too where most of them being held of on escrow because this do give out trust to the public since the funds accumulated is being held by escrow and the trend goes big and coming to a point where ICO is already being used to make scams of millions of dollars and in effect it do really affect even the legit and good projects which they didn't even reach out their cap and that's the sad reality as of now.

curylebron

newbie

Activity: 29

Merit: 0

Quote from: Armadeus on September 08, 2018, 09:37:28 AM

People we are all arguing that 80-90% of projects are scam startups. But in order to avoid it, we just need to invest only in ICOs, which use Escrow. That's it.

No product progress = no money.

the best way to avoid a scam ICOs is don't invest in ICO. But in exchange, you will be lost a lot of chance to get a profit from good ICO. The ICO market has exploded in 2017, but not this year. This year is a very difficult year for ICO

Topic: HOW to 100% avoid SCAM ICOs - page 7. (Read 2495 times)