How to find out a legit ICO? - page 21.

HardForked

newbie

Activity: 4

Merit: 0

Take a look at this... http://icorating.com It is currently in BETA but quite an interesting project.

Quote

ICOrating specializes in evaluating companies with a planned ICO. ICOrating's analysis is thorough and objective, reviewing companies as potential investment objects.

Their rating is scheme is straight forward. Take a look at a few of their reports for Past or Current ICOs.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: btcxyzzz on January 13, 2017, 10:05:32 AM

Can't remember I've read more stupid comment than this recently.

which part of it is incorrect? it all seems like it's in order to me.

btcxyzzz

legendary

Activity: 888

Merit: 1000

Monero - secure, private and untraceable currency.

Quote from: bathrobehero on January 12, 2017, 04:49:17 PM

Quote from: Bitcotalk on January 12, 2017, 04:34:54 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?

You can't. Which is why ICOs are worse than gambling.

Can't remember I've read more stupid comment than this recently.

AmsterdamPimp

member

Activity: 108

Merit: 10

Find one with trusted escrow. A big community, and milestones to release the raised BTC. Every other way you are risking it big time a I have many times..

European Central Bank

legendary

Activity: 1288

Merit: 1087

change one letter and like magic you have a whole world of legit options. here they are - http://www.nasdaq.com/markets/ipos/

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

How can i tell which PONZI Scheme is good ?
How will i know which one is gonna gimme mad ROI'z yo ?

THAT is what you all sound like. Roll Eyes

coin-investor

hero member

Activity: 2940

Merit: 593

Leading Crypto Sports Betting & Casino Platform

Quote from: Bitcotalk on January 12, 2017, 04:34:54 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?

I'll definitely look for existing project not empty promise where they can run when the dev received the funds,some of the legit ico I invested are BASH and Victoriouscoin,victoriouscoin is implementing an Ics and they have ready projects while holding their interactive coin sales.

machinek20

hero member

Activity: 840

Merit: 501

It is very difficult, when you invest in ico you really bet like a blind man, never trust 100% the developer words, because so many of us got scammed, checking the site also is not going to increase your trust level, so i believe it is better to stay away from ico, eventhough sometimes the profit is huge but the risk is very big

dihari

hero member

Activity: 910

Merit: 525

Quote from: Bitcotalk on January 12, 2017, 04:34:54 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?

Invest on ICO is such as placing a bet for some card on the board. You don't know which card is good but gamble on it is really interesting.
You can't predict which ICO will success on the progress, but support they coin will make a +1 for development.

BlockEye

legendary

Activity: 1148

Merit: 1097

Bounty Mngr & Article Writer https://goo.gl/p4Agsh

It is just simple. Just avoid anonymous devs. Satoshi nakamoto tactics will not gonna work right now because scammer already aware and doing it. It impossible now for an ICO with anonymous devs to become successful. People have a natural greediness within us. So instead of choosing legit ICO with anon devs, just choose the safe project

mkmdoc

sr. member

Activity: 658

Merit: 251

VIMee - Social Network

Quote from: Bitcotalk on January 12, 2017, 04:34:54 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?

It is not possible to predict that Ico is successful until the final phase of the project, every thing looks like genuine but when they din't reach their definitely it will be bad ICO. Don't consider ICO without any escrow, escrow should be their so that escrow will hold you money until they need to finish those which are listed in RoadMaps.

deadsilent

hero member

Activity: 1148

Merit: 500

Hey you better look at annoncement thread. I saw this ICO and looks very promising. Take a look at this ANN thread https://bitcointalksearch.org/topic/taskie-tskfreelanceblogingmicrojobsrevenue-sharing-new-ico-soon-1738600. They got 3 escrows and these 3 escrows are highly trusted escrows in this forum(yahoo62278, Lauda, Miner jones). This is good for you since you are finding legit ico.

jacafbiz

hero member

Activity: 2128

Merit: 530

PredX - AI-Powered Prediction Market

The first thing to do is are the faces of the developers visible and what is their antecedent in crypto space
Second, how visible is the technology or idea they are proposing
Third, A trusted Escrow must be used
Fourth, invest only after the project get traction.

All these are not guarantee but will help to help your decision making

irukandji

sr. member

Activity: 631

Merit: 258

Quote from: Bitcotalk on January 12, 2017, 04:34:54 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?

when you ask the developers for information about themselves or the project and they won't be open, that is a sign of a scam

addias

sr. member

Activity: 244

Merit: 250

You can always wait until it hit a major exchange.

ICOcountdown.com

hero member

Activity: 1008

Merit: 500

You can check http://icocountdown.com and http://coininterview.com

https://www.youtube.com/channel/UCOu5mkF_NczLQzICINvzr9w

The first is a website that shows all ICO's and does due diligence, the second is an interview site where we interview the developers.

terrific

hero member

Activity: 2268

Merit: 507

Catalog Websites

You can have an assurance that an ICO will be legit enough. It is like or even more than gambling just like what bathrobehero said. Just look at their road map if they are planning to make their coin for a long term use then go for it. Read their ANN thread and together read the people's comment , that is important.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Buy ICO coins.. if you profit then it's legit otherwise it's a scam.
It has nothing to do with how they work so don't pay any attention to that FUD.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: Bitcotalk on January 12, 2017, 04:34:54 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?

Like the other guy stated, we can't since we didn't know what will be the final phase of the project. But there are factors we can check to minimize our worries and the associated risk which some are; having an active devs, funds being escrowed and continous development.

Investing in ICO is really a risky investment but if we will take the brighter side of the picture it will be profitable. So it's really worth to try than to try other risky investment out there.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: Bitcotalk on January 12, 2017, 04:34:54 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?

You can't. Which is why ICOs are worse than gambling.

Topic: How to find out a legit ICO? - page 21. (Read 22504 times)