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Topic: How to avoid ICO Scam, Future of ICO (Initial Coin Offering) (Read 174 times)

sr. member
Activity: 644
Merit: 250
🤖UBEX.COM 🤖
Do not go into ICOs and risk your investments. Most projects are now trading on the market under ico prices.
full member
Activity: 210
Merit: 100
i try to invest in ICO untill now i did not get my investment., they turn in to scam Sad
member
Activity: 66
Merit: 10
Good questions to do some due dilligince. But then again, ICO and crypto in general is so wild, that creators of tokens, coins and ICO's aren't liable to keep their promises and they wont be punished because the field is higly unregulated. They know that. So basically you also need some luck not to get caught in project with bad intentions.
full member
Activity: 210
Merit: 100
some ICO scam they collect money from people.  Roll Eyes
hero member
Activity: 1050
Merit: 508
How to avoid ICO Scam: Ask these questions before you decide to get into ICO (Initial Coin Offering)

Q. What problem are they solving ?
Q. What is the current solution ?
Q. What is proposed solution?
Q. Find out target market?
Q. Look for the competition ?
Q. Analyze team members/advisory board ?
Q. Would you use the product ?
Q. Can we expect this ICO to stay at least 3 years ?
Q. Look for their social platforms and spot any issue
a. Website
b. Twitter
c. Reddit
d. Slack
e. Telegram

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GoodLuck with your trades guys. !!!


https://www.youtube.com/watch?v=rRsTFrJPi7E

This is a good list. But the length of this list tells us that investment in ICOs is a risky one. It is not a simple investment that we all could do and wait for the return with excitement and joy. Investment in ICOs entails a lot of things to be done. Reading the project's whitepaper and checking the website is a must for each and every investor to avoid losses.
hero member
Activity: 854
Merit: 500
Nice guide and I would like to suggest every newbie investors looking to invest in new ICO should look at this first and make their own research about that project analyzing all the points listed in OP.

Don't just invest in ICO because someone will suggest you to invest in it or for some bonus.
full member
Activity: 378
Merit: 100
which you said above is very useful and important for beginners or new investors who know crypyo. because the average they only think about the benefits alone and do not think that there is a risk behind it all. so before joining invest in ico, we must do research and analysis to know how big project prospect that we will follow.

your video is very interesting and i like it.
newbie
Activity: 9
Merit: 0
How to avoid ICO Scam: Ask these questions before you decide to get into ICO (Initial Coin Offering)

Q. What problem are they solving ?
Q. What is the current solution ?
Q. What is proposed solution?
Q. Find out target market?
Q. Look for the competition ?
Q. Analyze team members/advisory board ?
Q. Would you use the product ?
Q. Can we expect this ICO to stay at least 3 years ?
Q. Look for their social platforms and spot any issue
a. Website
b. Twitter
c. Reddit
d. Slack
e. Telegram

Appreciate for Watching this video.
Please subscribe and hit like button if you like this video.
Click on bell sign notification so that you can receive my video as soon as i upload them.

GoodLuck with your trades guys. !!!


https://www.youtube.com/watch?v=rRsTFrJPi7E
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