Pages:
Author

Topic: How to identify scam ICOs - page 2. (Read 204 times)

member
Activity: 228
Merit: 10
March 07, 2018, 10:40:27 AM
#16
usually ico who will scam it is difficult to be contacted by its investors with such a lot of things that will make big losses in an investor and the display on the project website are many elements of fraud.
hero member
Activity: 2282
Merit: 505
March 07, 2018, 10:15:45 AM
#15
Very often on this forum newbies ask how to identify scams, so there is blog on the topic, there are main points which should be interesting to read:

https://icoguide.com/en/blog/how-to-identify-scam-icos

Add your opinions also.

You are forgetting to check the smartcontract code. Try to take any feedback from the community and i think that the community will give a lot of opinion regarding the ico and you can take one that was having high accuracy.
I have seen some people are getting a huge clue about the possibility of scam project from others are doing
full member
Activity: 392
Merit: 105
Vena.Network
March 07, 2018, 09:38:37 AM
#14
Usually, a simple google search regarding the ICO, will help you find out if it's scam or not. Just google "[ICO NAME] scam" and there will be either no result or you will find out the ICO is actually scam.

Not always, but very very often ICOs became fraud only once, and totally Grin So it can be hard to identify some scam before it turns out scam, thats the point.
And sometimes google cant help with this decision. Thats why all of us need to make their own research. We cant get clear market until people stop investing scam projects.
member
Activity: 169
Merit: 10
March 07, 2018, 09:01:39 AM
#13
Usually, a simple google search regarding the ICO, will help you find out if it's scam or not. Just google "[ICO NAME] scam" and there will be either no result or you will find out the ICO is actually scam.

Yeah I like this method as well Smiley it gives you at least some pointers why someone think its a scam and if its discussion forums then you may get answers from someone that dont think it's a scam.
member
Activity: 182
Merit: 12
"The future of advertisement intelligence"
March 07, 2018, 08:57:26 AM
#12
For me the main scam marks are big bonuses during ico. Anything over 30% looks very suspicious to me and i would not take a part.
 other bad sing:
 unknown team members without linkedin accounts
 lack of trustworthy advisors
 no telegram support

newbie
Activity: 6
Merit: 0
March 07, 2018, 08:07:41 AM
#11
i am a developer, so i can figure out by investigating their the websites. and make some queries about domain address and servers.
newbie
Activity: 19
Merit: 0
March 07, 2018, 08:05:43 AM
#10
1) Soft/Hard CAP not well defined

2) a simple smart contract without any specific content

3) Cloud Mining = Scam

4) sale of the ICO outside the smart contract in a centralized system

5) Fake team member
sr. member
Activity: 1428
Merit: 250
March 07, 2018, 08:03:52 AM
#9
Informative and useful artical for newcomers. which person wants to know absolute information about this kinds of questions. I also suggest any person who wants to join with a ico firstly research about that and see which persons promoted it read whitepaper very carefully read their roadmap.
sr. member
Activity: 784
Merit: 314
March 07, 2018, 07:59:17 AM
#8
many ways to see how far ico is practically a scam, I think the most important thing from the track record of the team that is part of the project being done.

then the next one we can see the track record Roadmap, whether it is in accordance with the work done now or before, and the next most important thing, the corporate office, it is also important to know before participating in ico.
legendary
Activity: 1834
Merit: 1036
March 07, 2018, 07:49:52 AM
#7
Very often on this forum newbies ask how to identify scams, so there is blog on the topic, there are main points which should be interesting to read:

https://icoguide.com/en/blog/how-to-identify-scam-icos

Add your opinions also.

Is that your blog? I hope you can copy and paste the contents of that article here so we dont have to leave the site or open another window to read the article, just dont forget to give credits to who ever created that blog if its not you.

How to protect your self from being scammed by those fly by night ICO? If you ahve no time in researching about the ICO and who is behind it, try to follow those whon are posting reviews about ICOs but dont just follow 1 person, its like going to another doctor to seek medical attention, ask for a second opinion from another Peron who are very much active in participating in ICOs.
member
Activity: 322
Merit: 40
“The Premier Digital Asset Management Ecosystem”
March 07, 2018, 07:43:38 AM
#6
It are good point. What I mostly do is search for the image in Google. Sometimes I see the image on stock websites like Pixabay. To avert it the ICOs choose to edit the image and change it as example from colored to black-white. That is for me one of the things what is suspected by researching an ICO.
jr. member
Activity: 336
Merit: 3
March 07, 2018, 07:25:29 AM
#5
when I know the ico's legit or scam are the supporters only small and if their project information is slow and does not know who founders and co founders and if others do not know or are pretty familiar ico their project
jr. member
Activity: 308
Merit: 5
March 07, 2018, 07:22:49 AM
#4
Usually, a simple google search regarding the ICO, will help you find out if it's scam or not. Just google "[ICO NAME] scam" and there will be either no result or you will find out the ICO is actually scam.

Yes but sometimes, there are some ICO that are not identified as scams by google, but they are. So I think it is better to make some deep research if you are going to invest.
newbie
Activity: 70
Merit: 0
March 07, 2018, 07:05:34 AM
#3
Usually, a simple google search regarding the ICO, will help you find out if it's scam or not. Just google "[ICO NAME] scam" and there will be either no result or you will find out the ICO is actually scam.
jr. member
Activity: 336
Merit: 7
March 07, 2018, 07:04:02 AM
#2
Yes good article, main points are underlined about icos, very often whitepapers are very general and are not providing sufficient info, and often they are copy pasted.
sr. member
Activity: 630
Merit: 253
March 07, 2018, 06:32:13 AM
#1
Very often on this forum newbies ask how to identify scams, so there is blog on the topic, there are main points which should be interesting to read:

https://icoguide.com/en/blog/how-to-identify-scam-icos

Add your opinions also.
Pages:
Jump to: