How to check if ICO is scam or not? - page 20.

hellyah070

copper member

Activity: 196

Merit: 0

Quote from: cryptonerd42 on February 19, 2018, 06:00:35 AM

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money?

Basically, you will experience a difficulty when you, your self will be just the one who will going to figure out if the ICO is scam or not. You need some other people that will help you figure it out because it is very hard to know it by just using a method called inspection.

libert19

hero member

Activity: 2520

Merit: 952

Here are few: anonymous tean, unbelievable bonuses, Promises that their token will reach this much value, no MVP (minimum viable product).

agusiska

member

Activity: 630

Merit: 13

the simple way to check it by check the biodata of the CEO and all team of that project, mostly scam project copy other database to lure newbie investor, and then rob them.

AzamNurWahid

member

Activity: 658

Merit: 20

actually it is very difficult to determine whether I have a scam or not but maybe with the presence of a few ico ratings and this discussion will help you in doing research https://bitcointalk.org/index.php?board=83.0 and maybe some of your research can avoid losing a lot of money when investing

lizarder

hero member

Activity: 1722

Merit: 895

it is very difficult to choose ico at this time but if you want to choose you can use some references from the review site ico the rest do your own research and look for ico that does not have competitors (similar projects) and there is no indication of fake team

gowobonyok

jr. member

Activity: 490

Merit: 2

it is very difficult to identify, because ico cannot be said to be a scam or not at the beginning of the period. we can conclude when at the end of the ico or in the middle with some irregularities. for example a team that runs away, a project that does not fit the road map and a whitepaper for reasons why they are fooling investors and participants and then they bring the money.

mikaeltomcruz12

full member

Activity: 556

Merit: 100

Try to look if what project is all about and I think the other factor you should need to do is try to look into developer try to check if the last project of this developer was a scam or if this has negative trust.

Nivelir

full member

Activity: 588

Merit: 100

I still do not see any options to use any generator, which today I can really check the possible options for investors. The analyzer should already exist, but for some reason no one shares it.

LordShanken

sr. member

Activity: 1112

Merit: 256

Quote from: cryptonerd42 on February 19, 2018, 06:00:35 AM

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money?

The most important is to check credibility of development team whitepaper and all numbers.
To check people behind project i look for theit LinkedIn profils and do their pictures do not belong to someone else. Also very important at the beginning is to check if they didn't use text of whitepaper from other project. To check this things I use this tool: https://www.duplichecker.com/

kipozer

member

Activity: 490

Merit: 11

I think that only by experience can people really get something, because otherwise I can’t imagine what happens if people continue to invest in projects that are not going to do anything. The cryptocurrency market will simply miss this opportunity.

Bitknick

jr. member

Activity: 406

Merit: 1

You can’t be 100% sure of the ICO, but in order to reduce the risks you need to check the team, the project itself and the white paper!

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

I run an airdrop faucet...
you can see that it is not scam because members are paid if they ask payout.
Have a look and you will see from yourself because every thing is open and clear.

Claim few times...sell your tokens and ask a payout.

reynald70

member

Activity: 598

Merit: 10

Quote from: flagpara on January 31, 2019, 02:42:06 AM

Only one of your bad decision, you could be lose your all money. In running ICOs, I got some real ICO so far from scam check MCB, Mobu and Quarkchain.

Yes, I am very careful to invest in the ICO now, because many ICOs are cheating Investors, and I want to ask about the ICO MCB project, is the project a SCAM? because I was interested in the project.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: Farma on February 04, 2019, 01:30:37 AM

Quote from: Turkish88 on January 31, 2019, 02:30:35 AM

First look at the team, then find some of persons from team on social and ask then about this projet, if they say you what they hear about it first time ))) you know what need to do.
Then analyze idea, look for altenatives and compare features, find the bestest

really, the strength of the team, the strength of partnerships, functions, needs, and also competition need to be reviewed, and repeatedly to ensure that the team really does work well, and professionally. sometimes a good team has made 70% authentic.

A popular team means if there can be defined as a reliable ico. But remember we can take bittorrent as an example of how the ico which was having a real product can give us the best ico. those bittorrent buyers are getting tons of money from ico instantly.

princeyeboah

member

Activity: 714

Merit: 14

There is no strait jacket method for checking a scam project. In fact, some scam projects are carefully planned in such a way that all researches will prove futile. One of the ways to check out for scam projects include the making of extensive research into the profiles of the team members - sometimes what the team members may present as credentials may not be real and this can be ascertained through a follow up on their social media accounts, checking for coherence in information.

rachman mahesa

full member

Activity: 966

Merit: 111

Investing in ICO is indeed a very good investment. And all that also depends on the whole ICO project. How to check whether ICO is a scam. Actually that can be said to be difficult, because now many ICO projects are really good but when the sales are finished they disappear and the project is well managed. You must see and analyze the whole project, it can be from the team and others.

Nurma.A

full member

Activity: 286

Merit: 100

StableDex | Decentralized, Secure & Cost Effective

check their team. just by checking the team, we can know whether they are cheats or not. because they include their social media, such as LinkedIn. You can check whether their LinkedIn is appropriate or not. example of zeux bounty. someone checked their team. apparently not in accordance with the original.

Farma

legendary

Activity: 2492

Merit: 1001

Leading Crypto Sports Betting & Casino Platform

Quote from: Turkish88 on January 31, 2019, 02:30:35 AM

First look at the team, then find some of persons from team on social and ask then about this projet, if they say you what they hear about it first time ))) you know what need to do.
Then analyze idea, look for altenatives and compare features, find the bestest

really, the strength of the team, the strength of partnerships, functions, needs, and also competition need to be reviewed, and repeatedly to ensure that the team really does work well, and professionally. sometimes a good team has made 70% authentic.

flagpara

full member

Activity: 756

Merit: 100

Only one of your bad decision, you could be lose your all money. In running ICOs, I got some real ICO so far from scam check MCB, Mobu and Quarkchain.

maculeth

member

Activity: 714

Merit: 11

BountyMarketCap

at the beginning of the period it is still quite difficult, but if it has been running in the middle of the period, then you can find out whether it is scam or not with a 50% probability level. just check the community in the chat group, if it's not active, then ico is also not active.

Topic: How to check if ICO is scam or not? - page 20. (Read 17471 times)