Its a very hard and lengthy process to find out the purity of a project..you need to read the whole whitepaper to understand them and check if its plagiarism or not. Then check out team members, are they real? Imagine search them on Google as well as analysis their profile, check out their purpose and their social media if they are using fake followers or not. And so many things you should have to notice to find them out
For fakeing social followers then we can find out easily but it is very different knowledge for token sales statement. There has many good project where to scam after end successful token sales. So one think if a project make confirm listing exchange then we can buy. But never late to sold out because any situation they can make scam. 
Topic: How to avoid a scam project? - page 10. (Read 2485 times)
If you have frequently reviewed the activities on each project it will be easy to identify scams from new projects, their project scheme will always be the same and only replace the new project name and slogan to attract novice investors, so always check the project so it will be easy to recognize good projects and scam projects, both will surely differ even though scammers have the skills to make web appearance, whitetaper and etc look real but no scam is perfect.
Exactly, we can easily find out the characteristics of scam projects and for simple research then you can review bounty projects, if we can conclude potential projects and scam projects with simple research, the simplest feature is that they don't provide telegram or discord conversation services to avoid questions from members and investors, avoid scam projects by conducting detailed reviews for project/bounty analysis.
If you have frequently reviewed the activities on each project it will be easy to identify scams from new projects, their project scheme will always be the same and only replace the new project name and slogan to attract novice investors, so always check the project so it will be easy to recognize good projects and scam projects, both will surely differ even though scammers have the skills to make web appearance, whitetaper and etc look real but no scam is perfect.
Exactly, we can easily find out the characteristics of scam projects and for simple research then you can review bounty projects, if we can conclude potential projects and scam projects with simple research, the simplest feature is that they don't provide telegram or discord conversation services to avoid questions from members and investors, avoid scam projects by conducting detailed reviews for project/bounty analysis. 
There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
Scam projects have been around for a long time and it's very difficult to know beforehand because they do everything carefully from the initial step to the final step so that no one can detect it and after they get profits from investors, they leave the project and create a new project.. So in my opinion, to avoid project scams, we have to do research by gathering various information about projects that will be launched, such as teams, whitepapers, websites and also programs that they will run in the future. if their project is a scam we will definitely find mistakes in it.
There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
Scam projects have been around for a long time and it's very difficult to know beforehand because they do everything carefully from the initial step to the final step so that no one can detect it and after they get profits from investors, they leave the project and create a new project.. So in my opinion, to avoid project scams, we have to do research by gathering various information about projects that will be launched, such as teams, whitepapers, websites and also programs that they will run in the future. if their project is a scam we will definitely find mistakes in it.
The only way to get avoid a scam project is to make good research about it,like reading the whitepaper, Team,Audit and much more. This can help one to avoid some of the scam projects he/she will come across.
Yes, now it may not help, because today scam projects are very well camouflaged and practically deceive, in order not to get caught on a scam project, it is worth checking the project very well on all available sites, be sure to check the team, this also affects the project, here are the main stages checks on the scam project, only after this you can participate or contribute to the project
The only way to get avoid a scam project is to make good research about it,like reading the whitepaper, Team,Audit and much more. This can help one to avoid some of the scam projects he/she will come across.
I completely agree with you. Due to the decentralized nature of the blockchain, there is a huge potential for new and innovative projects to emerge. However, this also means that it can be difficult to distinguish between legitimate projects and scams. It's important for us to do our due diligence before investing in any project, by researching the team, reading the whitepaper, checking the community's opinions, and looking at the project's roadmap. Having open discussions about our experiences with different projects can also help us learn from each other and make more informed decisions.
I don't think its that hard to avoid scam projects anymore. There are companies like Certik nowadays that can assure you. Also community is very active now. You can find hundred people to check on Twitter or Bitcointalk forums if altcoin you invested in is scam or not. Also, you can look for developers always. Current internet allows you to find their background lot more easily compared to past. You may also wait for a coin to hit better/bigger exchange like Binance.
isn't certik is quite literally just smart contract audit, if the smart contract is fine doesn't mean its not gonna do some trick, there are many ways a smart contract could get rugpulled, and usually most of new coin aren't really being reviewed by certik but that just my 2 cents though.
There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
Scam projects are lack of transparency team will used different identity to scam other people, there are also projects that is really good at start and turn into rug pull projects it can also make investors loss thier money, for me the best way to know legit project is to search the team behind it and if the team has a good experience with a past successful project then it is good. The risk of investing in crypto is always there we can also avoid scam if we invest in btc and ethereum this coin is proven so it will never turn into scam.
God I really don't know about this; based on my experiences, even after analyzing their whitepaper and checking everything that must be checked, they can still scam or rugpull. Even big projects that are able to gather large funds can be scams. They're so good at tricking people. But I think one thing that could really make me believe in investing is continuous development. They make sure the community is informed, they stick to the road map schedule, and they are not negligent. If they have a real product to offer instead of just a concept before gathering funds, then it will be better.
If I have to answer this actually requires a complex analysis or a long explanation. But in short, first visit the website and explore (DYOR). Don't forget to follow Telegram, Twitter or other media accounts like Linkedin, or medium. Make sure you always follow the development of the project. It's that simple. Don't believe too much in the lure of big profits in Presale.
For example of a scam project case: sometimes a new project is launched a week, suddenly it goes straight to presale with the promise of listing this month with multiple profits. Now, this doesn't make any sense. There are lots of scammer tricks out there to commit crimes. So, make sure you research yourself regarding this.
For example of a scam project case: sometimes a new project is launched a week, suddenly it goes straight to presale with the promise of listing this month with multiple profits. Now, this doesn't make any sense. There are lots of scammer tricks out there to commit crimes. So, make sure you research yourself regarding this.
I don't think its that hard to avoid scam projects anymore. There are companies like Certik nowadays that can assure you. Also community is very active now. You can find hundred people to check on Twitter or Bitcointalk forums if altcoin you invested in is scam or not. Also, you can look for developers always. Current internet allows you to find their background lot more easily compared to past. You may also wait for a coin to hit better/bigger exchange like Binance.
isn't certik is quite literally just smart contract audit, if the smart contract is fine doesn't mean its not gonna do some trick, there are many ways a smart contract could get rugpulled, and usually most of new coin aren't really being reviewed by certik but that just my 2 cents though. 
never just follow from some random project, there are many projects that are being released through reputed platform one of them is through binance IEO i see no reason investing into some random project, moreover the IEO that was held in reputed platform are also having higher rate of success, but there are sometime indeed some good project without IEO that could gain massive success.
I don't think its that hard to avoid scam projects anymore. There are companies like Certik nowadays that can assure you. Also community is very active now. You can find hundred people to check on Twitter or Bitcointalk forums if altcoin you invested in is scam or not. Also, you can look for developers always. Current internet allows you to find their background lot more easily compared to past. You may also wait for a coin to hit better/bigger exchange like Binance.
I have stopped following airdrop, accept the once that is directly from exchange platform and has a rest of mind for the rewards been distributed after doing the necessary tasks giving, because most of them has been already deposited to the exchange, as well to distribute to individual account, base on the calculated rewards giving by participate.
I once joined the Volare project, after the token distribution they sent mini Volare tokens and had to be exchanged for Volare coins to be traded, what I want to ask is whether a project like this is a scam project?
There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
You know a project isn't a scam if it has been around for several years now. Also, a project can't be a scam if it is mineable and there are no team tokens to dump on the market. 0xMR is a project like this, so is RVN. Also, you won't get scammed if you do bounty tasks for free tokens. Q Blockchain and Mantle L2 are paying out on zealy io. There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
Sometimes we cannot avoid new projects there's a lot of people making projects everyday as we can see some are scam some are real. Maybe choose and search more before you can join in that project. People using their projects to scam people and I think it's hard to avoid it especially if they are not the only one who do that. 
it is very difficult to answer this question because scam projects and failed projects are different.
but just try to play in the telegram group and try to ask about something you suspect or something you don't understand about the project. if you get an answer and you think it makes sense it means the chances of scam are getting smaller, but if you get an answer that doesn't make sense or even you don't get an answer and you have doubts you should leave the project.
I just want to clarify you that some of the things that is in telegram majority of them is owned by a scammer and if I happen to get any good response from telegram group don't depend on it thinking that it is a rightful information it is not it is a strategy scammers use in order to drive you close to be able to scam you so let us by I know the functions of scammerbut just try to play in the telegram group and try to ask about something you suspect or something you don't understand about the project. if you get an answer and you think it makes sense it means the chances of scam are getting smaller, but if you get an answer that doesn't make sense or even you don't get an answer and you have doubts you should leave the project.
Many scammers run around in telegram honestly and this is why we should keep our awareness from scammers, judging by an admin answer won't determine its a scam project or not since I met many projects that have a great admin and moderator but end up scams in few months. Right now it's really hard to find a good project many scam projects are developing an exit way to deceive investors and then they will scam their investors.
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