Topic: How to detect a FAKE team on ICO? (Read 130 times)

I like to share my personal ICO checklist (sorted by descending order of importance):
1. An established company (highly regarded) with a product and a valid company address (not a virtual address). There are just too many ICOs and those that are answerable to the government and subjected to the country’s law have lesser chance of running away overnight.
2. Professional video with their team talking about the ICO including Youtube Interview with bloggers and influencers. This would be very hard to imitate using Fiverr. Alternatively, their ceo and core team would go to roadshows or exhibitions. Scammers wouldn’t dare to go live and reveal their faces in real.
3. If they are a startup, then the top management would make themselves available in social media and answer questions simply because they care! If they are real, they have nothing to hid and you should be able to verify their credentials easily even by talking to them. You should be skeptical if they are always hiding behind the scene and not contactable.
4. Over-emphasis on the rewards or things that sound too good to be true. For example, words like “200% pre-ico bonus” and “ROI in 3 months” should set off an alarm.
5. Be skeptical of ICOs that ask you to send crypto to a personal wallet addresses. As the crowdsale doesn’t use a Smart Contract, it means you have no visibility of the total funds raised at any time and guarantee they will send you the tokens after the ICO ends. It is unfortunate that I’ve seen more and more ICO launchers using this method and investors waiting a lot longer to get their tokens after the ICO ends. Ideally, investors only need to trust the Smart Contract and not the words.
6. Linkedin profiles of top management with recommendations from real verifiable people. You should be skeptical of their profiles if they could survive all these years without any recommendations from anyone.

Yeah you can see scam accusation board. Many icos are indicates scam from fake team, plagiarizm, cheater reckord of the team members and foto image of the team from photo host. If you fins that review.stay away from the campaign

As stated above me, inspect their LinkedIn profiles and see their previous experiences and employments and most importantly, do a reverse image search of their pictures. Maybe people behind a potential scam project were too sloppy and didn't bother to edit the pictures of random folks on the internet.

I try to contact a video link with one of the team members to ask him a number of questions that interest me.

in my opinion, this could be in search to know information about their project as a developer but I don't know yet how to see more deeply.

so, I more inclined look a web archive or linkedin that’s looking for information from the closest connection of founder or teams, and also from the appearance website, technical Whitepaper and that website.

Surfing archive https://web.archive.org
Search people fake https://www.superprof.fr
Surfing archive 2 https://archive.is

You should take a look and research each and every team member of an ico, their project team and project advisors it will take you long and hard time but worth the time.

as we have seen, ICOs now use a lot of fake data, especially their teams. so, how do you know their team is fake?