Topic: HOW TO AVOID SCAM FROM AN ICO PROJECT? (Read 104 times)

By making yourself prepared with the number 3 you can avoid those scam ICOs. Today, you can't trust anybody with your money and if you want to earn with good amount you have to do your own research. This is what I'm always recommending to the newbies that are engaged with ICOs so that they know how to deal with it and won't trust easily when there are ICOs that will just pop out of nowhere.
These scammers are very desperate by faking people of imitating a staff from the project.

well
in this case.
on last year.
i've managed 2 social group ICO
on telegram and slack.
many many times investor got fake message .
on private message i mean.
and the sad of it , most of them believe that message.
then they pm me on group
the point about it, is most of investor is a new people
i mean they are never know about crypto
they are interested because advertising ads everywhere.
so , they need fully assistance for investing their money.

Various ways can be exploited by irresponsible team ..
there should be new regulations regarding the domicile of website creation.
so the tendency to do evil can be minimized.

Completely agree. The only thing you need to avoid investing in a scam ICO project is to be careful. You should research carefully about the ICO; about it team of developers and the project. Check that developing team has requisite qualification or experience in this line or not. The project should be realistic. Stay away from the ICOs offering unrealistic returns or goals. Then read the whitepaper carefully for getting all of this information.
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There are advisors in the projects. We also check them. You can even write or call them to make sure they are really involved in the project. An excellent option if this team or at least one of the founders already has a successful experience of creating a company and holding an ICO.

1. Avoid scam website
Since phishing sites are just like the real ICO site, investors almost need to know the official website before a project is launched. This is hard to foresee, since most ICO projects want to stay aligned until the campaign starts. Get to know the project thoroughly before making the decision to participate through Tokenmarket, ICOdrops, ICObench, ...
2. Avoid fake address wallet
Never trust the address of your Ethereum wallet for you by strangers on the internet. Do not ask and trust this address, as you only get scam by doing so. Only use the address on the ICO website that you participate in.
3. Reseach carefully
Any investors can want to join any ICO project, first must be a reference and the real information about project. When you cannot find any your invours of your prefix, the amount of your quit out will reo longer longer long and must wait a any tin that from the project. And will be lost the basic fee for another 1 ICO Cryptocurrency. Any project that teams an ICO usually publishes very clearly on social networks such as FaceBook, Twitter, etc. If the identity is not public, do some research on the members. participation. Do not be enticed by the big names who work as consultants for the project. Hot names did not make sense in the days of the ICO, as so much information was found on the internet and it could be fake accounts.