Topic: how to avoid fraudulent projects? (Read 3039 times)
In the event that we have at any point gone into a scam project, obviously we can discover or acquire insight and information about the project, how the project was initially run and can make us keen on taking an interest in it and how in the end the project turns into a scam, this can be made an examination for us take our next choice so as not to enter or not be hit a subsequent time. Everything thing that you can manage is to assess if their project is helpful or not
In reality to take care of this issue is exceptionally difficult in light of the fact that it is difficult to recognize the Scammer project properly, and the team that deals with the project is as of now precarious in doing its activity so they can undoubtedly get the person in question, presently They could produce a whitepaper so it is extremely difficult to weed a scammer project, maybe until further notice I haven't had the option to locate a good answer for tackle this issue
Always research what we see and read. Nowadays I have met many influential people on twitter, they promote fraudulent projects, maybe they get paid or as early investors. Don't be rushed when making decisions.
Personally, I expect more of the experts, the bounty hunters in this forum, I rarely wish to rely on my self to avoid projects that are scam when I understood that the knowledge that the people involved in the project like us was quite limited, the analysis of real projects and fake projects will not be helpful. Many times I have faith but everything always ends with the silence of the project, they promise so much about the future and the waiting time is not fixed, consultation from professionals would be better than our own 
Always research what we see and read. Nowadays I have met many influential people on twitter, they promote fraudulent projects, maybe they get paid or as early investors. Don't be rushed when making decisions.
You can only avoid fraudulent projects if you make a research on it, but if not you can be one of the victim by the scammers for sure in
the end. However, having an extreme caution for every projects will surely lead you into good earnings in the end 100% as long as you know how to read a fraudulent campaign projects here.
the end. However, having an extreme caution for every projects will surely lead you into good earnings in the end 100% as long as you know how to read a fraudulent campaign projects here.
Scam projects might be difficult to dispense with, our attention ought to be on decreasing their effect on the cryptocurrency space. Bounty hunters may not be in the best situation for recognition of scam projects, this is on the grounds that bounty hunters are much of the time the casualties of this project.
i think to avoid the fraudelent project
we can buy only the solid project, even if we will get only a small profit, but at least we can minimize the risk of being cheated by scammers
we can buy only the solid project, even if we will get only a small profit, but at least we can minimize the risk of being cheated by scammers
It is very difficult to avoid scammers because nowadays between a scam project and a real project have a very perfect resemblance even now I don't know exactly how to tell the difference
I think you have heard of BCNX
_ They have real team and product
_ They have clear roadmap
_ They have whitepaper with good explanation
_ The community on telegram is very solid
But in the end it ended up scam after the project has been running for 2 months
I think you have heard of BCNX
_ They have real team and product
_ They have clear roadmap
_ They have whitepaper with good explanation
_ The community on telegram is very solid
But in the end it ended up scam after the project has been running for 2 months
By and large, it is hard for us to have the option to recognize scam projects and projects that are truly genuine, as a result obviously the designers of project scams will make their projects as unique as could really be expected.
there are consistently warnings in the guide of scam projects. its either its excessively grouped or spread excessively far.
I figure now we can just trusting with karma alone to dodge the project scam, yet there are a few individuals here who propose that we check the web, Roadmap and their group prior to joining the project.
there are consistently warnings in the guide of scam projects. its either its excessively grouped or spread excessively far.
I figure now we can just trusting with karma alone to dodge the project scam, yet there are a few individuals here who propose that we check the web, Roadmap and their group prior to joining the project.
indeed, its hard to find a scammers at the beginning of the project, mostly we know about a fraudulent project after the project cheat somebody
but, sometimes a fraudulent project will copy the whitepaper from the others project, so maybe we can start to read carefully the whitepaper mate
By and large, it is hard for us to have the option to recognize scam projects and projects that are truly genuine, as a result obviously the designers of project scams will make their projects as unique as could really be expected.
there are consistently warnings in the guide of scam projects. its either its excessively grouped or spread excessively far.
I figure now we can just trusting with karma alone to dodge the project scam, yet there are a few individuals here who propose that we check the web, Roadmap and their group prior to joining the project.
there are consistently warnings in the guide of scam projects. its either its excessively grouped or spread excessively far.
I figure now we can just trusting with karma alone to dodge the project scam, yet there are a few individuals here who propose that we check the web, Roadmap and their group prior to joining the project.
as developer gives with different unit of option on intelligence, investors might find of one as fine to match with different returns of evaluation as experts might works with most favorable models to match and follows with decision of involvement with the project.
legendary
Activity: 2310
Merit: 1068
Leading Crypto Sports Betting & Casino Platform
Well, for me, I don't think not promoting them is the solution, I mean why would a person know fully well that a project is a scam and still want to promote it??, the thing most people don't do proper research before getting involved in a project, and we should also know that this scammers are getting smarter everyday by day, it is highly possible that a project might come out looking legit and clean in a way that no one will discover that this project is been runned by scammers, not until the very end.
The thing is for people to do more research before joining a project.
The thing is for people to do more research before joining a project.
Avoiding fraudulent projects is hard to do because most projects have perfectly masked their platform to not give a hint of being a fraud. You could feel a hint within communities if you are within their Telegram group because some of them are just idle and does not want to engage with the users that they are targeting and search about the developers if possible.
After 2 years in this forum, I can analyze which projects are potentially scam or not. here I will provide some tips so that we all avoid projects that are indicated as scams
-Show Original Team
-Always updating social media
-Whitepaper No Copy Paste Another Project
These three indications can actually see whether the altcoin has the potential to be a scam or not. now in my opinion it is wiser if you are more careful and don't invest in or join the bounty so that it doesn't end up being a scam
-Show Original Team
-Always updating social media
-Whitepaper No Copy Paste Another Project
These three indications can actually see whether the altcoin has the potential to be a scam or not. now in my opinion it is wiser if you are more careful and don't invest in or join the bounty so that it doesn't end up being a scam
I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
If you don't know about crypto it's easier to fall for shitcoins FOMO, I was a victim too until I started learning the differences, now I can tell the difference between real projects and shit projects, there is nothing we can do to safe those who have no knowledge from this trap than keep warning newbies I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
You can only minimize the chance of be scam not totally eradication of scam, because some project are real from the beginning but due to insufficient fund, it can make the project not to be succeeded and the project will now look as if it was fake.
Scam projects can be identified by low-quality design and site interface. There are also various super promotions for participation in which you are promised big money or profitable discounts that are not very similar to reality.
It is imperative to check the information about the company and the project; it must match in all sources, social networks and sites.
Just look for the projects that has a clear goal, clear roadmap, a decent whitepaper and a decent website.
There is no solution to scam projects right now than doing your own research on every projects and choose wisely, the proper effective way to get rid of scammers is through regulations but I don't see that happening any time sooner
DYOR is still the best thing that you can do before investing in a ceratain project, there are loads of scam projects right now on the market to be honest and its getting harder to avoid them... But doing background research can do something and lessen your chance to lose your money. Only invest what you can afford to lose anyways
Many suggestions like this have been given in this forum in previous years, because everyone who invests must always check the background of the project first, because investors also want to get to know the team and project more fully and closely. I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
DYOR is still the best thing that you can do before investing in a ceratain project, there are loads of scam projects right now on the market to be honest and its getting harder to avoid them... But doing background research can do something and lessen your chance to lose your money. Only invest what you can afford to lose anyways
Jump to: