I joined the bounty of a fraudulent project, and I expect people to help me identify a fraudulent project before I go back into that dump.
1. Poorly Implemented Website and Whitepaper
2. Empty repositories for open-source projects
3. Lack of Roadmap or underdeveloped or unclear Product Roadmap
4. No Token Use Case for Product
5. The Team Lacks Credibility and Expertise
6. The Mining Structure Favors the Dev Team Disproportionately
7. Has the Team Attended Blockchain Conferences or Written Thought Leadership in the Space?
8. Is there a great Underlying Product Behind the ICO?
9. Is the ICO regulated or meet legal requirements in its Country of Origin?
It is a bit generic and common sense, but you’d be surprised how many unsuspecting first-time crypto investors don’t do their due diligence. We hope this helps you out there.