Topic: How to find out a legit ICO? - page 4. (Read 22504 times)
I ask my colleagues on how they look for a legit ICO. They told me that I should read their whitepaper. If that ICO has a well-documented business plan, it only means that they really have cared for their business. Lastly, if the ICO reveals their Smart Contract code.
There is no instant way to find out a legit ICO ,you can only minimize your risk like investigate teams ,white paper, location etc,just be sure they ICO is a working project with working product
First of all, decide in what field of ICO you are interested in, what should be the project, which projects are the most successful, as far as I know, this is finance and infrastructure. Next, go to the ICOs aggregator site and filter the ones that interest you. Examine them.
I think the answer is very simple. At the moment it is impossible to determine. We can only assume and hope that we choose the right legit ICO. Until this problem is solved, I hope in the future it will be solved.
Determining a legitimate ICO is extremely difficult, fraudsters are activated on a professional level. It would be good to recommend ICO from reliable partners, for example, having the corresponding reputation of developers from positive past experience.
It seems to me that the scammers have really gone to a whole new level, that it is very difficult to distinguish them among all new projects. And the market of ico companies continues to suffer even more problems due to fraudsters and I believe that this is the basis, Why investors leave the market of ico companies for trading exchanges.
Determining a legitimate ICO is extremely difficult, fraudsters are activated on a professional level. It would be good to recommend ICO from reliable partners, for example, having the corresponding reputation of developers from positive past experience.
: )I never learned to distinguish between scammers and good projects. The fact is that fraudsters are developing every day. Their sites are getting better. They invest in pumping their telegram channels, and make good documents. I can say one thing is no way to heal the project.
to find a good project might be difficult but if you differentiate the original project from the scammer project there are still several ways you can do it. as you are talking about, scam projects may offer excessive promotions more often to attract investors and deceive them
And that's just the reason why I think that, there's no particular way of identifying if an ico is legit or not, you find a lot of projects with anonymous organizers being a successful one, even heard that no one knows the founder of bitcoin and is team at first but they succeed. So I think it more like luck these days you only predict.
: )I never learned to distinguish between scammers and good projects. The fact is that fraudsters are developing every day. Their sites are getting better. They invest in pumping their telegram channels, and make good documents. I can say one thing is no way to heal the project.
It looks like a lottery. You can see the faces of the developers. The project may have technology or idea. But this will only increase your chances but will not give a 100% guarantee.
To find a legit project is very easy if you know the techniques first look for the project and for the team og ico, and try to look at there website and make a review. and check if theh reached the softcap because it means they have a lot of investments and the project is good.
it won't be that easy. because if you only see a few parts of the information notified in the whitepaper, you might be subject to manipulation. I personally always look at all parts and read the whitepaper slowly to find the purity of an ICO. and it's bad if you do not read at all about the whitepaper but only on some websites it will make you more easily fooled
To find a legit project is very easy if you know the techniques first look for the project and for the team og ico, and try to look at there website and make a review. and check if theh reached the softcap because it means they have a lot of investments and the project is good.
There is no specific way to find legit ICO. All you need to do before investing in any of the the ICO is that you have to make proper findings about the project and this can be done by knowing some particular things about the project like;
1.Number of their telegram group member
2.The mature of the project
3.softcap and hardcap
4.Team member and
5. Total supply.
1.Number of their telegram group member
2.The mature of the project
3.softcap and hardcap
4.Team member and
5. Total supply.
1. The number of people who believed in the project does not mean that the project is successful. For example, the project Spokzzz. For fraudsters is not a problem to unleash a group. So I would not be operating on this item at all.
2. Softcap and hardcap
This is also not a guarantee. If you look at the company's website, this information is easy to fake. So this is also not credible. Of course, this is a good symbol, but you should not rely only on the cap.
There is no specific way to find legit ICO. All you need to do before investing in any of the the ICO is that you have to make proper findings about the project and this can be done by knowing some particular things about the project like;
1.Number of their telegram group member
2.The mature of the project
3.softcap and hardcap
4.Team member and
5. Total supply.
1.Number of their telegram group member
2.The mature of the project
3.softcap and hardcap
4.Team member and
5. Total supply.
This is a long process that can take you a very long time, especially recently, when you can see who the owner of the host is and even find out something at a law firm. You can search for a long time, but there are no guarantees
There are so many ICOs out there and this has made it very difficult to sometimes spot the good ones. Basically, i look at the team spearheading the project and follow up on their linkedin profiles to ensure that they are real and have the needed experience to actually make this project a successful one. You might also want to look at the vision and mission of the project and the use case behind it.
I think is mostly do your research and hope for the best and also if you dont see value on your investments on these ico The best thing to do is sale those coins before they become your disappointment trophies Dont just HODL at lost It does make sense
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.
Supposedly hardess to find legit ICO's and yes exactly gambling is rosky games investment but today's investing in icos is more than risky than to gambling.
very difficult, not enough just by looking at the road map website and others. I use my own analysis, I will not ask other people where I have to invest, I invest with ICO that I trust the most.
To save time searching for legitimate and highly profitable ICOs that are evaluated by a team of experts in this industry. I think Binance Launchpad is something you should care about, they have just succeeded with BTT project and some other projects in the future.
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