IIC scams may not be detected at the beginning but ICO scams are detected after a party has thoroughly researched the project.
And detecting projects that have the potential to fail is very small, sometimes when we think the project failed, it works and vice versa. So we believe what we are following, the easiest one is to see the ads that are scattered everywhere, like on YouTube, if you often see crypto project ads there then 70% of the projects are not scams and also fail.
Topic: How to detect Scam ICO/ potential fail projects - page 3. (Read 554 times)
My advice is to jump in and start getting involved and see what types of projects fail and which succeed. It's more of a feel than hard fast rules. If you start to get too ridged you will start to miss opportunities.
Honestly, almost nothing. One of your main guarantees may be the media nature of the person behind it. Let's say, besides Pavel Durov, I have confidence and I am ready to invest without a share of doubt in his ICO project. And if some unknown person offers to invest in a supposedly promising ICO project and promises to increase funds in a short time without risk, then I will pass by without listening to him.
look at their team carefully,
sometimes a scammy project will add any picture from the internet as their team,, put a good profile link to their team member as well
and read their whitepaper, its a copy paste from others project or not,,
sometimes a scammy project will add any picture from the internet as their team,, put a good profile link to their team member as well
and read their whitepaper, its a copy paste from others project or not,,
In order to detect scam ICOs and potential failed projects, everyone who is joining any bounty should take time to read comments and reviews about that specific project.
Telling us that if we buy in at $0.50 and their coin will go to exchange and be worth more than $5 or so is a red flag for me. No-one can predict what their coin will do and making statements like that gives me big red flags.
my joint advice is to see their team whether professional or not.
then read their whitepapper. website brand. roadmap and their target.
then assessing what their products deserve in the market or not.
then look at the minimum amount of investment.
and who their bounty manager if you bounty hunter.
then read their whitepapper. website brand. roadmap and their target.
then assessing what their products deserve in the market or not.
then look at the minimum amount of investment.
and who their bounty manager if you bounty hunter.
Much appreciated, i was also advised to check telegram activities
I think we should pay more attention to the open source code of this project.
If the project remains actively developed, the code is updated quickly and the quality is excellent, then I think the project is worth investing in.
If the project remains actively developed, the code is updated quickly and the quality is excellent, then I think the project is worth investing in.
It is becoming more worrisome in the cryptosystem, so many scam ICO and also failed projects. We do so many bounties and end up with useless tokens of failed project.
I am quite an amateur in the system but I know research has to be done before embarking on investing time or money in an ICO by reading about them in different platforms or even checking out their community, team and investors but sometimes I still guess wrong.
I would like to ask the experienced in crypto how to be sure a project isn't a scam and how to determine their success.
I've been following the forum quite a bit and I hope I get response to help me and others enlightened.
Thanks for your time. Much appreciated
I am quite an amateur in the system but I know research has to be done before embarking on investing time or money in an ICO by reading about them in different platforms or even checking out their community, team and investors but sometimes I still guess wrong.
I would like to ask the experienced in crypto how to be sure a project isn't a scam and how to determine their success.
I've been following the forum quite a bit and I hope I get response to help me and others enlightened.
Thanks for your time. Much appreciated
Majority of ICOs are failing due to the market situation. It is difficult to tell which project is legitimate or not. Some projects are just copying other project's white paper just to make it legitimate, so it will take a thourough review for you to judge whether a project is a scam or not. Take your time, so your effort on joining campaigns will not be wasted.
You can see that even some new icos have no buyer after they have listed on the exchange site.
I see it just from the number of token their sold out..many partner that was support their project and also they project implement in the field of .how about the project long-term or just limited to the project the launch of the coin course..and than we must look who their team that was working at their project..is passed or not their experience
I am also a beginner ( and it is very difficult . even if the project takes place in all of the above aspects, it is not a guarantee of success . to life . Many cases were where the project is super in all aspects , but still scammers
It is becoming more worrisome in the cryptosystem, so many scam ICO and also failed projects. We do so many bounties and end up with useless tokens of failed project.
I am quite an amateur in the system but I know research has to be done before embarking on investing time or money in an ICO by reading about them in different platforms or even checking out their community, team and investors but sometimes I still guess wrong.
I would like to ask the experienced in crypto how to be sure a project isn't a scam and how to determine their success.
I've been following the forum quite a bit and I hope I get response to help me and others enlightened.
Thanks for your time. Much appreciated
I am quite an amateur in the system but I know research has to be done before embarking on investing time or money in an ICO by reading about them in different platforms or even checking out their community, team and investors but sometimes I still guess wrong.
I would like to ask the experienced in crypto how to be sure a project isn't a scam and how to determine their success.
I've been following the forum quite a bit and I hope I get response to help me and others enlightened.
Thanks for your time. Much appreciated
Majority of ICOs are failing due to the market situation. It is difficult to tell which project is legitimate or not. Some projects are just copying other project's white paper just to make it legitimate, so it will take a thourough review for you to judge whether a project is a scam or not. Take your time, so your effort on joining campaigns will not be wasted.
At the moment we can not ask any organization that gives you advice on investing. We must do it ourselves.
If you want to invest your money in any crypto currency, you have to scan all the information about this project.
Read the White Paper
See the website.
See Prototype
View team members: who are they? What did they do before?
This should be the real problem that they want to solve.
And this service / program / application must have a future.
If you think that investing is simple, you are wrong, but it is real.
I wish you more money and good investment.
If you want to invest your money in any crypto currency, you have to scan all the information about this project.
Read the White Paper
See the website.
See Prototype
View team members: who are they? What did they do before?
This should be the real problem that they want to solve.
And this service / program / application must have a future.
If you think that investing is simple, you are wrong, but it is real.
I wish you more money and good investment.
Off course in todays date there is high chance that we may get to see highly qualified whitepaper and roadmaps. The stage make up can be done in such way that everything looks like perfect investment portal!
But it may not be like that. What you should be looking now a days is how much porgies these people have already made? Do they have working models, real life projects or are they starting from the scratch at all. If its from the scratch then try to be more strict about it but if they are start ups with in built products and services then they could be goos investment.
But it may not be like that. What you should be looking now a days is how much porgies these people have already made? Do they have working models, real life projects or are they starting from the scratch at all. If its from the scratch then try to be more strict about it but if they are start ups with in built products and services then they could be goos investment.
my joint advice is to see their team whether professional or not.
then read their whitepapper. website brand. roadmap and their target.
then assessing what their products deserve in the market or not.
then look at the minimum amount of investment.
and who their bounty manager if you bounty hunter.
then read their whitepapper. website brand. roadmap and their target.
then assessing what their products deserve in the market or not.
then look at the minimum amount of investment.
and who their bounty manager if you bounty hunter.
It is becoming more worrisome in the cryptosystem, so many scam ICO and also failed projects. We do so many bounties and end up with useless tokens of failed project.
I am quite an amateur in the system but I know research has to be done before embarking on investing time or money in an ICO by reading about them in different platforms or even checking out their community, team and investors but sometimes I still guess wrong.
I would like to ask the experienced in crypto how to be sure a project isn't a scam and how to determine their success.
I've been following the forum quite a bit and I hope I get response to help me and others enlightened.
Thanks for your time. Much appreciated
I am quite an amateur in the system but I know research has to be done before embarking on investing time or money in an ICO by reading about them in different platforms or even checking out their community, team and investors but sometimes I still guess wrong.
I would like to ask the experienced in crypto how to be sure a project isn't a scam and how to determine their success.
I've been following the forum quite a bit and I hope I get response to help me and others enlightened.
Thanks for your time. Much appreciated
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