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Topic: How to find out a legit ICO? - page 12. (Read 22519 times)

full member
Activity: 476
Merit: 100
November 02, 2018, 04:09:52 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?

First read the whitepaper first, then check the team behind of the project if they are real a not a fake one, also if they are more on hyping the community and bestowing any promises for the people just for the sake the community need to buy the token, that's the time we need to think more than twice and don't easy to believe on the sweet words you are going to hear from them.
newbie
Activity: 144
Merit: 0
November 02, 2018, 03:41:35 AM
the problem is to find the new coin that can do a big % of price grow...we must look for coins that are not ico or bounty but people are too stupid for this....I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...there is a good dose of luck of course, but you must always do your own researches...for example watch Elicoin in livecoinwatch , is not an ICO or bounty... it's a coin with low mc, low supply, PoW whit cpu, no premine, active dev...only trading it on CREX24 for now...do you own researches in the thread in bitcointalk: https://bitcointalksearch.org/topic/anneli-elicoin-cpu-mining-only-exchange-available-3028302... people are too stupid for DYOR and got scammed by ICO or bounty...just my 2 cents...hope it helps...cheers
full member
Activity: 395
Merit: 100
November 02, 2018, 03:17:33 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?
It is very difficult for us to identify the ICOS Campaign, but it is only possible to see the campaign information on the Whitepaper. The link between the founders and the team is too much. the promise to bring and the amount of tokens held clearly.
full member
Activity: 1130
Merit: 133
November 02, 2018, 03:08:43 AM
You need to research the project first, read the whitepaper and identify the team of that project. Because there are many ICO nowadays with fake identities, like the team are fake, they are just stealing some personal identities of real team of some coin or crypto project.
we could not confirm the identity of this team was real.except they do kyc too from third party to avoid fake people.whitepaper could be good source for us identify their plan in future.
member
Activity: 274
Merit: 10
November 01, 2018, 09:53:14 PM
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.
member
Activity: 247
Merit: 10
November 02, 2018, 03:04:17 AM
When an ico promises so much and it feels like it is too good to be true then there is a 100% chance that ico is fake and a scam. Don't fall for false promises and fake insurances that guarantees you big profit for that is the most common tactics of scammers. It is better to look for an average looking ico but with an interesting goal.
legendary
Activity: 2506
Merit: 1394
November 02, 2018, 03:00:05 AM
You need to research the project first, read the whitepaper and identify the team of that project. Because there are many ICO nowadays with fake identities, like the team are fake, they are just stealing some personal identities of real team of some coin or crypto project.
member
Activity: 616
Merit: 10
FRX: Ferocious Alpha
November 02, 2018, 02:56:15 AM
It is not that easy to be %100 sure it is a scam or not. So my advice is to always check the team linkedin profiles plus the product behind any ico. Is this useful or not?!! It the product is good enough even in the preview stage, then it is a good sign. Also don't forget to check the roadmap. Is this realistic road?!! If yea, then, again, it is a good sign. For a sample check the ARROUND ico. This is good and suits the these factors.
jr. member
Activity: 133
Merit: 1
November 02, 2018, 02:47:16 AM
There is one website where you can find legit ICOs the website's name is List of ICO.

There has been a surge of new ICOs surfacing every day. There was an urgent need in the market for a place where users can discover all the latest and upcoming ICOs. list Of ICO also provides a dedicated blog section which will allow you to get all. the in-depth information about ICOs.

List of ICO is the best place to get comprehensive information on all the latest ICO listings across the globe. You can compare listings, specifications and price from a single, convenient location.

To know more visit: https://www.listofico.com/
newbie
Activity: 141
Merit: 0
November 01, 2018, 10:55:39 PM
Most of the time people Google it. The alternative way is to follow a specific site who list upcoming ICOs on daily basis. I follow not one but two websites that provide great ICO projects.

Coindelite: https://www.coindelite.com/

Coindelite is the most delightful media channel to get you the Latest Bitcoin News, Cryptocurrency News, and ICO Press Releases. Check updated ICO list, Live Cryptocurrency price charts, information Cryptocurrencies and real-time market data.

It is the only web platform that includes information regarding live cryptocurrency price charts, Bitcoin price trends, favourability and unfavorability of a trade, Complete list of ICOs, their scopes and functions, Rates of various cryptocurrencies according to distinguished crypto-exchange platforms, Real-time Market Data, Worldwide press releases, Bitcoin and other cryptocurrencies’ news, Blockchain and ICO Events, leading cryptocurrencies’ lists, and list of Top ICOs (Initial Coin Offerings), etc.

List Of ICO: https://www.listofico.com/

List Of ICO is the best place to get comprehensive information on all the latest ICO listings across the globe. You can compare listings, specifications and price from a single, convenient location.

An Initial Coin Offering (ICO) is an unregulated means through which a new cryptocurrency venture can raise funds. It is a method that startups in the cryptocurrency world can employ to sidestep the rigorous capital raising process which is usually required by venture capitalists and banks.
sr. member
Activity: 714
Merit: 250
November 01, 2018, 11:53:44 AM
There are may reason to find a good project with ICO, what I usually do is making sure that all the data that i got from the project is valid, including the progress of the selling.
Also never forget the team behind that project, cause that is one of many key to makes the project running.
copper member
Activity: 224
Merit: 0
November 01, 2018, 11:39:03 AM
It will take 2-3 hours to investigate any project. Research this forum, rating website and for sure, the ICOs website. I always check the team members and developers, to see if they were copy pasted or not. Always read the whitepaper to understand for what the project stands.
member
Activity: 644
Merit: 12
Alternative investment banking platform
November 01, 2018, 11:35:09 AM
Legitimate ICOs usually conduct closed ICOs, haven`t any bounty campaigns. But they don't need you, they are focused on large investors.
full member
Activity: 490
Merit: 100
November 01, 2018, 11:31:22 AM
No ICO is label legit, you just have to take your chance and invest and if it come out fine, then you are lucky but if it comes out otherwise , take your loss and move to the next one and try if it will meet your criteria!
full member
Activity: 546
Merit: 100
November 01, 2018, 11:25:08 AM
There are a couple of things you can look out for
You can check for the product that the project is offering the investors, when you see that the product is a sustainable one then you can invest in it
Always make sure that you are looking at the team members and have a way of following what they are working on, the best icos are always the ones that are transparent
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
October 30, 2018, 05:07:26 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?

It is highly suggested to do a proper research. Seeing the framework and such. Those people behind it or the teams. We all know that today more and more scammers are there. And also consider picking those ICO who uses top coins. It would probably be successful.
newbie
Activity: 20
Merit: 0
October 30, 2018, 05:06:54 AM
Know with either the team or management behind it. One of the most important success factors for ICO or cryptocurrency is the developer and administrative team behind the project. The cryptocurrency space is dominated by big names, with superstar developers like the founder of Ethereum, Vitalik Buterin, who are able to create new projects just by putting their names on the development team. Then check the document (whitepaper) A cryptocurrency or ICO whitepaper is the basic document for the project, and read carefully. Observe Token Sales, legitimate companies are trying to make a transparent system and the progress of sales of tokens is easy for potential investors to see. How Decent an ICO Project is, Many ICOs launched, even highly publicized ones, have simply evaporated after initial interest faded. Your best chance for a successful investment depends on the company that has a set of goals that are achievable and feasible. That is how we can find out whether it is a legitimate ICO or a scam.
full member
Activity: 542
Merit: 100
October 30, 2018, 04:49:59 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?

Aside from Website existence. Look also for its Social Media accounts. See if the Team Members has LinkedIn account (know their background), search for feedbacks, reviews, what's their product. Read the whitepaper, look for youtube reviews, discord, reddit. Ask the community on Telegram, interact with them. Know whose their Advisor, partners and if promoted by wel-known people. it's a plus points that it's legit.
copper member
Activity: 126
Merit: 0
October 30, 2018, 04:38:56 AM
You can find legit ICO in this forum and I also recommend ICO Drops for you. But regardless of what anyone may tell you, always do your own research about a project before investing your hard earned money into it because nothing is certain in this space.
member
Activity: 238
Merit: 10
October 30, 2018, 04:26:14 AM
You can understand this simply by reading the documentation. Thanks to this, you can learn a lot of new information about the ICO you are interested in and also find out exactly whether the scammers created your project or not
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