Topic: How to distinguish real project from scam project? [HELP] (Read 178 times)
The agency ICORating conducts audit of projects before their access to the ICO, they are evaluated by 200 criteria related to the business model, technical component, marketing strategy, the economy of the token. The project receives a certain rating, according to which investors can determine the investment attractiveness of the project, its weaknesses.
The equivalent was 1931ETH. Our bad was not explaining it. So, the fake investor decided to leverage on fake words via his new blog bestico.in
Determining the real project is really not easy. The main thing to study the topic with the scope of the project of interest, as far as this topic is attractive and relevant in principle.
There is not a formula to detect whether a project is a fraud or not but a good start is to investigate the developers, are they who they say they are? Do they have the experience they claim to have? Everything matches? If there is a single doubt in any of those questions then the best course of action is to not invest in the coin just in case it is a scam.
Exactly there is no way other than do your own research like you said, investigate the people behind that project like checking their LinkedIn account or something, the whitepaper and many more but this isn't totally guaranteed to not be scammed by the project, the point is if you believe that the project is legit and you are starting to invest you have to make sure that you are ready to lose your money, that's all.
I think one of them by looking at who the manager who overcomes it and see the reviews, second see the extent of its development by looking at the website or social media
after centra card project , we should take extreme care while investing in any project providing crypto card .
because mastercard and VISA dont do partnership with crypto projects with obvious reason .
because mastercard and VISA dont do partnership with crypto projects with obvious reason .
Good day, everyone! Guys, I really want to know how to find out whether a project is a fraud or not? Are there people who know how to do this? Specifically interested in the project https://zenithcard.io/. I really like the idea of this project, but something tells me it's a scam project ... Please help me!
Some step to know about a Good project are :
Read up the whitepaper (are they following what is written on the whitepaper)
Website (does the website looks presentable and accessible)
The team members ( is there any recent project carried out by team members)
The supply (what is there token sales /per token).
What is the utility of that token.
Who are they in partner with.
So this are some little things you have to know before participating a project or invest.
I think this is helpful to you.
Distinguish the real project and scam is really hard. Sometimes they are look similar. Something that should be aware is keep the vitals information. Dont give it to others. We should be careful and focuss.
if I think, it's a bit difficult to know the scam nowaday project because it's almost the same as the legit project. so we'll know that the project was a scam until the end of the crowdsale. but here are some sources we can use to find out about this project, such as ICOBENCH or from another ICO list whether the project is good or not.
Good day, everyone! Guys, I really want to know how to find out whether a project is a fraud or not? Are there people who know how to do this? Specifically interested in the project https://zenithcard.io/. I really like the idea of this project, but something tells me it's a scam project ... Please help me!
We can't say it's a scam project or not, but you can look deep into the project, team, whitepaper, community and decide to invest in it. 
Good day, everyone! Guys, I really want to know how to find out whether a project is a fraud or not? Are there people who know how to do this? Specifically interested in the project https://zenithcard.io/. I really like the idea of this project, but something tells me it's a scam project ... Please help me!
There is not a formula to detect whether a project is a fraud or not but a good start is to investigate the developers, are they who they say they are? Do they have the experience they claim to have? Everything matches? If there is a single doubt in any of those questions then the best course of action is to not invest in the coin just in case it is a scam.
Between Real project and Scam project is really hard to distinguished. But for you to be more aware you must make your own research like the legal entities of the project, the people(team behind the project), its whitepaper and roadmaps.
Good day, everyone! Guys, I really want to know how to find out whether a project is a fraud or not? Are there people who know how to do this? Specifically interested in the project https://zenithcard.io/. I really like the idea of this project, but something tells me it's a scam project ... Please help me!
It is in the grounds of our rational behaviour to minimize risks instead of maximizing the potential profit. If you like the project but have a bad feeling about this, it is best not to invest in it. Just wait till it appears on the exchanges (if it does) and you'll probably still have time to join the game if the project is good.Zenith has an interesting idea, but it will make sense only if they successfully make deals with visa, mastercard and governments at least.
What's definitely missing on the website is the team. If team, roadmap or whitepaper are not there, it is usually a bad sign. I recommend to stay away for now.
The guys have a lot of telegram channels that help in this. As there are channels in which certain companies which in approximately 70% of cases normal, well and finite you throw off the certain companies throw off the analysis.
here are some channels that can help
https://t.me/ICOtepegraph
https://t.me/ICObountypro
https://t.me/in_trend
here are some channels that can help
https://t.me/ICOtepegraph
https://t.me/ICObountypro
https://t.me/in_trend
ICO projects that have been convicted of fraud, a fake team verify the reality of team members, non-existent partnerships ask for partnership agreements, check for press releases, or clarify the purpose of the partnership, an unregistered legal entity can be verified by the registries of the country of registration. Separately, one can single out projects with far-fetched problems, overestimated market data, too optimistic forecasts in the roadmap for product development ...
If you want to check on the project, check some crypto site, you may find this project over there, means this project is somewhat true, and check some review of individual on their blogs, sometime all blogs are not to say good word on ICO, sometimes they published their observation.
Reading, investigating and looking for something fishy.
It is opposite from humans.Think icos as suspects.They have to prove they are not guilty.
As long as an ico has proven not guilty, I will look at it as if it is a scam.
It is opposite from humans.Think icos as suspects.They have to prove they are not guilty.
As long as an ico has proven not guilty, I will look at it as if it is a scam.
I'm not a very big expert, in VISA partners, MasterCard, but the brand is not written on the credit card.
It's really hard to know cause nowaday scam project almost the same with legit project, you'll only know it's scam project until the end of crowdsale and you still don't get your token. I think there are some source you can use to check this project like icobench or some other ico listing site to check if it's good or not.
You should better search it here in the forum as many people has already explained it very well. If you can't search it in the forum google it and you will find the answer to your question.
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