Good ICOs have bigger communities and also i their social media have numbers of followers enough to be able to answer all the queries and inquiries.
Scam. ICOs have less social media members and followers and worse, they have no social media page.
Topic: How to know if the ICO is scam - page 2. (Read 4487 times)
Knowing scam ICOs is very difficult but knowing how to spot a possible scam or useless ICOs has some ways to identify to to mention.
Good ICOs hires good bounty managers like higher ranked forum members like Senior Members or even more higher ranks. Managed by Hero and legendary members are more likely better ICOs than the lower rank members like Newbies and junior members.
Good ICOs hires good bounty managers like higher ranked forum members like Senior Members or even more higher ranks. Managed by Hero and legendary members are more likely better ICOs than the lower rank members like Newbies and junior members.
As they've always said (most people) the only way you can spot scam ICO is through research.Most experienced cryptocurrency guru believes that probably 90% or more of ICO is a scam, that's why doing a research is very important. The team behind the developers of ICO should have an open and transparent track record of their accomplishments and background in cryptocurrency. There are many ICO developers out there that were hiding their own identity and that's one of the spots
of not trusting their ICO
of not trusting their ICO
Hello, I do device a method to know scam ICO. Taking a look at their social media page, they make use of fake followers to gather more followers. They even have more follow than followers.
Only one way to understand is the project SCAM or not: to learn carefully all information, the team, WP, road map.
I will say check the team member - are they real... have they got a working product, would you invest them outside a crypto world. Is the project trying to get massive amount of money but delivering very little value (this is also SCAM for me).
I hope I will not get banned for adding this reply to all "ICO scam" related topics here, but I guess there is no other way to make this work.
Try this out:
ico.scam.network
It is an open to edit google spreadsheet with a list of scam alerts and rankings from different sources.
If it works out, it might be a good way to keep crypto community healthier.
Try this out:
ico.scam.network
It is an open to edit google spreadsheet with a list of scam alerts and rankings from different sources.
If it works out, it might be a good way to keep crypto community healthier.
I am a newbie but I would be looking at the background of the people who are associated with the ICO and see how they have performed in their previous jobs or projects. Also whitepaper is a good source to see their vision.
Seeing their experiences regarding on project devs should be checked always because we can able to convinced ourselves if they are experienced enough on running or handling these projects.Usually when i do saw ICO launch i do also look out their allocation specially on bounty when i do saw that its too good to be true allocation i do really see some shady things on that one. 
I am a newbie but I would be looking at the background of the people who are associated with the ICO and see how they have performed in their previous jobs or projects. Also whitepaper is a good source to see their vision.
If you go to coinschedule.com, most of the ICO's listed, have a website which does not even open correctly, using an old fashion template, taking forever to load, have a crappy idea, have fake linkedin profiles, and are hoping to earn money with that..
Also I have notice that scammers tend to have their ethernet wallet address on the home page, without proper disclaimers.
Also I have notice that scammers tend to have their ethernet wallet address on the home page, without proper disclaimers.
Investing in ICO's is the same as any investment, you need to do your research. People are too hyped abour cryptocurrencies that they don't check the important aspects.
I look for a great team, good concept, an actual value of having a cryptocurrency (why they can't do it any other way), finite supple, good whitepaper, professional website and strong social media.
Once this is in place, i dig deeper to see if it is a interesting concept.
One that i am looking at right now is Crowdholding (https://ico.crowdholding.com), they match everything above and they are in the field of co-creation which interests me. Find a project that you find interesting that matches the criteria above and you won't go far wrong.
hope this helps
I look for a great team, good concept, an actual value of having a cryptocurrency (why they can't do it any other way), finite supple, good whitepaper, professional website and strong social media.
Once this is in place, i dig deeper to see if it is a interesting concept.
One that i am looking at right now is Crowdholding (https://ico.crowdholding.com), they match everything above and they are in the field of co-creation which interests me. Find a project that you find interesting that matches the criteria above and you won't go far wrong.
hope this helps
They are scam when they don't deliver what they promised and people keep loosing their money gradually in a perpetual downtrend. Example is starta. Scam is not only when they took your money and vanish into thin air
Personally, if the development team keeps a high percentage of the distributed coins in my mind its highly likely that they won't deliver on a product if they already have tens of millions in their hands... what would be the motivation? They could just hire some guys and move to the next project... or retire
wee, there are many similar threads like this, and indeed your question is a question that is needed by all members in this bitcointalk, especially for the newbie. which should be viewed is about team profile, white paper, roadmap and also transparency of their project
in my opinion to know ico ending with scam is, first the website is not paid, clarity of team that does not exist, the legality of ico, and ico location, 
the last do not of escrow
There are many things you can check.
1. The team behind the ico
2. The advisors
3. See if they have a working product already
4. Their roadmap
1. The team behind the ico
2. The advisors
3. See if they have a working product already
4. Their roadmap
wee, there are many similar threads like this, and indeed your question is a question that is needed by all members in this bitcointalk, especially for the newbie. which should be viewed is about team profile, white paper, roadmap and also transparency of their project
Many ico was here in forum and i always read the comment/reply of others, they got a negative feedback for project for participant to have doubt in campaign, I know some of member always do that so it can less the user in campaign and they will gain more profit. I wonder specific info on how to investigate, Yah, We can predict if the project will be success or not by reading the update in thread but how specific we can do to check if its scam or not.
You just need to widen your research about the project as much as possible. The projects offering tokens in their ICOs are always looking good at first sight. No scam indication. But after a thorough research is done, the truth will come out. Go to their website and talk to the developers. Legit projects are always attended to.
It isn't that easy to spot scam ICO. That is why many go away easily after scamming people. Before investing in any ICO, I usually do a research of their website, their team members and read their whitepaper. Sometimes, in team members they jave just used Google images. They don't have any other presence. Sometimes whitepaper is without any vision which seems like a fake project. These are clear indicators. But some scam ICOs play very well with interactive session, answering queries, showing some fake progress and people trust them till the end. So, there is no definitive way to know a scam ICO. But do a thorough research before investing.
This is a good idea. I always research carefully when participating in an ICO project because if the project is not really good and there are signs of fraud then we should stay away but there are cases where good projects are scams and very It is difficult to distinguish this.It isn't that easy to spot scam ICO. That is why many go away easily after scamming people. Before investing in any ICO, I usually do a research of their website, their team members and read their whitepaper. Sometimes, in team members they jave just used Google images. They don't have any other presence. Sometimes whitepaper is without any vision which seems like a fake project. These are clear indicators. But some scam ICOs play very well with interactive session, answering queries, showing some fake progress and people trust them till the end. So, there is no definitive way to know a scam ICO. But do a thorough research before investing.
This is a good idea. I always research carefully when participating in an ICO project because if the project is not really good and there are signs of fraud then we should stay away but there are cases where good projects are scams and very It is difficult to distinguish this. It isn't that easy to spot scam ICO. That is why many go away easily after scamming people. Before investing in any ICO, I usually do a research of their website, their team members and read their whitepaper. Sometimes, in team members they jave just used Google images. They don't have any other presence. Sometimes whitepaper is without any vision which seems like a fake project. These are clear indicators. But some scam ICOs play very well with interactive session, answering queries, showing some fake progress and people trust them till the end. So, there is no definitive way to know a scam ICO. But do a thorough research before investing.
agree with you, recently there are some people doing workshops just teach people how to make an ico from the whitepaper to the roadmap, the ico maybe a pipeline product in the future, i think it maybe one reason why China ban ico Jump to: