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Topic: How to find out a legit ICO? (Read 22517 times)

newbie
Activity: 168
Merit: 0
March 21, 2019, 12:50:31 AM
A few things to consider to know if an ICO is legitimate. First, team strength - are there industry experts, legal advisers, people with past success, marketers, and of course developers? Are team members transparent and with a social media presence? Second, token strength - is the ecosystem created with multiple uses for the token? Is there an escrow mechanism in place? Then check its technology - is a security plan outlined? have previous bugs/problems been resolved? Is code open source with activity in GitHub? Is there a prototype and how is that going? Lastly, their solution - What solution does the project solve? Is the problem real and the solution feasible? Now, with all of these considered, I'd recommend you to invest in Bitrus (BTRS), award-winning trading platform with a lot of benefits and new features.
sr. member
Activity: 703
Merit: 250
March 20, 2019, 12:52:56 PM
I am starting with its whitepaper and the roadmap. If I find that they goals seems to be realistic, I am doing a further investigation of their team members and the product development level. The last step is to ensure that they have a legit community.
full member
Activity: 494
Merit: 100
March 20, 2019, 08:05:52 AM
it's easy to find the legit of ico just looking at icobench this is the best way to find out if ico is legit but it does not end to know ico if it's legit or can not just look at their website if it's legit admins or copies on another website and the last one is to look at the token sale if they have been raised and how many members in their group know how to find out if ico is legit or scam because that ico scam and their claims are investors so it's too hard to join ico because of the size of the risky so you just have the courage to get the ico to earn but there are also ways to earn like in the bounty and in trading.
full member
Activity: 658
Merit: 106
March 20, 2019, 07:40:46 AM
You said Anonymous Dev, so why will we be interested to invest like those project. Maybe I could wrong but I think we need to know the guys behind the project before investing. To get some review from Top Experts we can follow cryptodiffer web site.
developers identity  very important for us to trusting anyone with our money.if they didnt provide their identity how could we trust them, isn't if very risky if suddenly they gone?
jr. member
Activity: 136
Merit: 1
March 20, 2019, 07:22:10 AM
Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

Well before you invest in an ICO, it's best to do your research. Ask around especially on thier telegram group, watch their engagement with the public. That way u will be able to make a less risky investment in an ICO.
member
Activity: 1106
Merit: 11
Crypto in my Blood
March 20, 2019, 07:18:20 AM
You said Anonymous Dev, so why will we be interested to invest like those project. Maybe I could wrong but I think we need to know the guys behind the project before investing. To get some review from Top Experts we can follow cryptodiffer web site.
member
Activity: 546
Merit: 10
March 20, 2019, 07:06:44 AM
Everything is very, very not simple, and you should immediately understand that you can never be sure and even if someone guarantees you that you can really invest and you don’t need to believe these people. I'm sure you already understood that.
sr. member
Activity: 728
Merit: 252
March 20, 2019, 06:25:25 AM
As without serious and very tough control? I think that there will not be without analysis, which we will simply need. I am sure that before choosing a project you need to do a lot of work and you will understand what is happening and begin to understand the market again.
hero member
Activity: 1302
Merit: 503
March 20, 2019, 06:03:09 AM
I always see from several sources namely this forum, ICO rank and telegram group discussions, and I am always vigilant even though an ICO has a high rank but the telegram group is not active.
As a smart investor you wont really just rely only on one source yet there are really lots of shills out there about a certain ICO.
They can claim it as a good one by giving up a medium which do have lots of people on it but on the other side it isnt really active or doesnt
really have any people at all. About ICO ranking sites, i dont usually trust them yet those sites can be paid up just to hype a certain ICO.
- Ico's ranking sites are always unreliable, lots of evidence that they have linked with the project developers, they help advertise and appreciate the project, developers will pay them some fees, trusting these sites will be a mistake, a wise investor will never believe in others. There are many different sources and factors for a person to evaluate an ico but want to affirm that it is legal is impossible, everything just stops at relative, however, we can start looking for legitimate projects recently when the IEO is becoming a symbol for that
jr. member
Activity: 378
Merit: 1
March 20, 2019, 03:43:17 AM
ico is legitimate or looks very convincing, what happens is the opposite, if I personally see the market in bad conditions like now, I prefer ico whose tokens already have this exchange is good to follow, so there's no need to wait for the exchange again when ico is finished.
member
Activity: 406
Merit: 11
March 20, 2019, 03:34:41 AM
it hard to find legit ico now
better if u join exchanger launchpad IOE , with big name like binance surely the ico will be success
full member
Activity: 518
Merit: 102
March 20, 2019, 03:27:19 AM
Choose an ICO with an existing product, check everyone in the team as much as possible, pay attention to their previous experience. Conduct a study of the product: whether it is in demand, and whether it can overcome the difficulties of an unfavorable market.
member
Activity: 700
Merit: 10
March 20, 2019, 03:11:10 AM
to determine which Ico is legit and a difficult Scam.
for me it's like gambling.
but we in this forum are the biggest crypto community and here a lot of new ICOs are emerging.
I personally choose very selectively.
I read in which many forum members were great at discussing.
I also see the development of the Exchange in the future.
the point is I studied first.

Its hard to find a legit ICO and thats why i am prefer buying when already landed in exchanger. Sometimes buying in exchanger more cheaper than buying when ICO because many hunters dump the token
sr. member
Activity: 1386
Merit: 406
March 20, 2019, 03:09:13 AM
Many ICOs now looks like legit but it is a scam so we have to be more careful of founding the good ICOs they must have complete documents like website, whitepaper,roadmap, smart contract and the team should be visible and they have more on experience.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
March 20, 2019, 02:58:40 AM
You better stop investing in ICO because it's not clear and now I recommend investing in IEO which is better than Iico, yesterday's success in doing it, it didn't even take long and was very fast.
member
Activity: 840
Merit: 10
March 20, 2019, 02:56:52 AM
To determine if a project is scam or legit is quite very difficult to be precise. The projects that was tagged scam, turned out to be the best project and the ones they said was authentic scammed.  So in a nutshell, it is quite very difficult as I stated earlier

Indeed, its like speculation. Rating website is just an opinion from website market or analysis. Right now, its more better join in IEO, its more legits and exchanger already make research about the project. I think IEO will disrupt ICO in near future
jr. member
Activity: 448
Merit: 2
March 20, 2019, 02:41:21 AM
To determine if a project is scam or legit is quite very difficult to be precise. The projects that was tagged scam, turned out to be the best project and the ones they said was authentic scammed.  So in a nutshell, it is quite very difficult as I stated earlier
full member
Activity: 644
Merit: 100
March 20, 2019, 02:36:08 AM
to determine which Ico is legit and a difficult Scam.
for me it's like gambling.
but we in this forum are the biggest crypto community and here a lot of new ICOs are emerging.
I personally choose very selectively.
I read in which many forum members were great at discussing.
I also see the development of the Exchange in the future.
the point is I studied first.
it is true that the existence of this forum provides a lot of benefits for all of us to be more careful and careful in choosing ICO so that we are not wrong in choosing and scam, hopefully the future of crypto will be more advanced and there will be no ICO scam.
sr. member
Activity: 462
Merit: 252
March 20, 2019, 02:06:28 AM
to determine which Ico is legit and a difficult Scam.
for me it's like gambling.
but we in this forum are the biggest crypto community and here a lot of new ICOs are emerging.
I personally choose very selectively.
I read in which many forum members were great at discussing.
I also see the development of the Exchange in the future.
the point is I studied first.
sr. member
Activity: 1162
Merit: 260
March 20, 2019, 01:48:02 AM
Everything what is listed on Binance launchpad showed a good progress. Today I wanted to buy Celer, but I clicked too late (around 15 sec after the sale? - because there was a tehchnical problem due to overload), so I missed this big opportunity (Only 4m hard cap)  Roll Eyes
Because celer has raised 30 million on its crowdsale before binance listed it into the launch pad platform. I guess you can see that through icodrop. So many big whales will get a lot of money instantly from this one dude.
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