There are many ways to find out a legit ICO are as following:---
1) Read White paper
2) Study Road Map
3) With the help of friends & Social Media also.
Topic: How to find out a legit ICO? - page 11. (Read 22531 times)
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?
Honestly, no one can say if an ICO will be successful or not because there are a lot of ICO projects lately that has a good whitepaper, good team and experience developer but some of them achieve a successful project.
legit projects always offer solutions to other people's problems to make it easy, besides that you have to see their team whether they are a great team or not and if they are a great team then invest there. Also pay attention to the project whether it was ever done a roadshow or never because most of the shitproject teams never showed themselves
There is no guarantee with anonymous devs that an ICO is legit . By studying the WP, roadmap and what they doing
at Github we can minimize the risk to avoid taking part in a scam project.
at Github we can minimize the risk to avoid taking part in a scam project.
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?
Honestly, no one can say if an ICO will be successful or not because there are a lot of ICO projects lately that has a good whitepaper, good team and experience developer but some of them achieve a successful project.
Check the appearance of the website and must have a very good look. And surely there will be a wallet address for investors. And you have to check whether it's an original investor or not. Checking is very important and you also have to read the Whitepaper.
Search for an ICOs that have a working product, because I quitted investing in regular projects, that are offering only the idea and nothing else. As the praxis shows, such projects are the least profitable.
Read the whitepaper and you will be able to see what ICO is legit and what is not. You do not need to be a crypto expert to see if an ICO is aiming to collect 100M USD, and the whitepaper contains 10 pages, it is a scam.
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?
It should have a written timeframe and its whitepaper stating their objectives along with their plans of movements. They should be transparent about their records and movements since it builds trust just by doing that. I think its a matter of perspective in how we tackle this thing
I do not take part in ICOs without a real person standing behind the project. A Legit ICO should have a well written whitepaper, real team, experienced developers and in my opinion at least an MVP.
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?
Its not so easy to fin legit ICO but you have many basis and reference which the reason to make you guidance on how perfectly you can choose an ICO that its legit.Try also for telegram channel communication and the background of the team.
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?
Why would you trust anonymous developers in the first place? It is not really advisable to believe almost everything that we see in the market. Not all are real and many are scam. We should be responsible first in ourself and learn techniques to figure out these scam ICOS.
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?
Its not so easy to fin legit ICO but you have many basis and reference which the reason to make you guidance on how perfectly you can choose an ICO that its legit.Try also for telegram channel communication and the background of the team.
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, usually legitimate projects have a good team that you can see, and meet in person, as I noticed that there is a project kyc, it helps to determine 
A lot of research work already done by the venture capital companies, sometimes the best idea is to follow them. these guys don't like to invest in shitty startups.
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?
You should just do a deep research about the project and the team that is developing the project. Read through their whitepaper and check the team's profile. I think that is the only way to check whether an ICO is legitimate or not. If an ICO has an anonymous developer, it all depends on your intuition whether if you will trust what is written on the whitepaper, since there are projects that has an anonymous team, but still successful.
That is hard to find. If you are not a dev understanding a whitepaper is really hard issue. If your language is not native english it can be harder than before. Also you can look their team but maybe they can create fake linkedin profiles and you can not call these guys with their cellphone so in my opinion the best way of that investors. If you can see some legit investors in that ico. At least you can be sure that ico is not scam.
It is necessary to study each company in more detail, analyze their past, and carefully look at their promises. For this, there are forums where people can share their opinions and ask for advice.
I think in white paper all details have been described and you can judge about that ICO by researching white paper but I am selecting ICO just like I am investing my hard earn money to right place. For that purpose I check also their social media accounts like Facebook, Twitter, Instagram, Telegram,Reddit etc. I check How much followers of that project in this social media accounts, more followers mean more people interested in that project so its good. Other point is I check who managing that ICO mean I check about ICO manager's trust level. And last and important think is to check how much experience the developer team.also try some ICO rating site like ICO bench, ICO top. etc.
Personally, I do not even know.
I myself thought about it several times, but then I realized that we can determine the legality of the ISO only if the countries themselves legitimize their appearance.
Otherwise, we will not be able to determine how legitimate they are.
I myself thought about it several times, but then I realized that we can determine the legality of the ISO only if the countries themselves legitimize their appearance.
Otherwise, we will not be able to determine how legitimate they are.
Jump to: