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Topic: How to know if the project is fake? - page 10. (Read 6550 times)

jr. member
Activity: 35
Merit: 1
August 06, 2020, 08:36:59 AM
One cannot really know it all when it comes to identifying a fake project but looking out for certain things like a clearly defined location, notable team members, quality Whitepaper content with comprehensive details and then a good token that is economically viable, knowing this things can save bounty hunters alot of stress, time and resource.
sr. member
Activity: 1540
Merit: 255
August 06, 2020, 07:34:04 AM
Nowadays, most of the people are not investing their hard-earned money into ICO's and IEO's, because being very matured in researching the project. In order to find a legit project we should always invest in it only after listing on the exchange, otherwise, we have to forget about those coins.
sr. member
Activity: 554
Merit: 271
August 06, 2020, 07:27:00 AM
I don't identify the project more clearly and completely.
I just identify the project by check their team, whitepaper, fanspage and website age.
member
Activity: 448
Merit: 18
August 06, 2020, 06:47:13 AM
You can't know if a project is fake completely, some scammers are too lazy to fool investors and they got exposed easily while some scammers are professionals who could deceive investors whiteout getting caught, only invest what you can afford to lose
full member
Activity: 783
Merit: 108
August 06, 2020, 06:42:16 AM
Look for good projects at reputable sites like ICODROP, they list the best projects and they have many experts to evaluate them. Never research and choose projects in your own opinion because sometimes it goes wrong and you will come across scam projects.
hero member
Activity: 1372
Merit: 503
August 06, 2020, 03:22:05 AM
You two are right! Combine your all methods will even be better. Checking their team's member and see if there's any people has reputation or bad information.
Then why you are still joining the ibidtown. Didnt you know that there is a scam accusation on your current signature? They are a fake project using a partnership with legit site. There is post on scam thread that I see few weeks ago and they show there that the project is not connected or have any affiliate on the said company they talking about. If I were you dont waste time, look for a better one.
member
Activity: 420
Merit: 13
$CYBERCASH METAVERSE
August 06, 2020, 03:04:07 AM
It's hard to know which project is fake or real but using your research skills can get you far deep into what a project is actually all about, with research you can know if a project is needed in crypto space meaning it will determine if there will be enough demand for the token
full member
Activity: 440
Merit: 100
Roobet
August 06, 2020, 02:07:54 AM
Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Using fake address just be right with small scam projects. There are many projects that they invest a whole marketing team and many other departments in a building with a clear address. But when they want to go, everything will disappear quickly
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
August 06, 2020, 12:12:49 AM
The most easy way is to start by looking at the project website and to check if they have a team listed on the webpage. If they do then check each team member to make sure they are in fact working the project by using their social media profiles.

Of course make sure of the teams ability to execute the ideas by looking at their past record.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 05, 2020, 11:59:35 PM
Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

sometimes the information from the team is very important. it's just that they did not provide detailed information about it. well, these characteristics can give us an idea when the project is a scam, then the team will not be detected. however, this is also not enough to know whether a project is a scam or not, it's just that, it already gives us an idea that the information on the team is incomplete.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
August 05, 2020, 09:47:12 AM
Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

You need to check more about the project, to know if they are scammer in this market or not. I often check their whitepaper, partners, investors. If there is no information or article on those issues, then probably they are forging
full member
Activity: 1638
Merit: 122
August 05, 2020, 08:57:35 AM
Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

How do you know which profiles are fake? I see them exactly the same and have very detailed information. And I believe that scammer will also be very careful in fake their information

many indications like they copy the info from others but thier profile pic is different or they copy the photo from someone else but with different info  . i hear a news that there are many fake profiles on linkedin  . lets warn our friends and other people that likes to use this site when hiring someone  . its only hard to know if the project is fake when scammers are verry strict on the details that they provide that itl only appear as unique and theres no known clones when we research it on the web .
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
August 05, 2020, 08:35:11 AM
Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

How do you know which profiles are fake? I see them exactly the same and have very detailed information. And I believe that scammer will also be very careful in fake their information
member
Activity: 564
Merit: 50
August 05, 2020, 08:21:22 AM
The bounty manager is just a bounty hunter, he takes money from the projects and manages it. So never relying on the bounty manager, I have seen many projects collapsed from the best managers at this forum.

Sadly, this doesnt work in real world. When a person works as a hired employee in a fraudulent business, if he gets caught, he accused of complicity. But, if during working, he finds out that he is working for "bad guys" and report them, he most likely be free to go. I saw bounty managers, that still continue working and keep silent, when the project refuses to pay them.

After a research, bounty manager must keep an eye on the project and with first signs of troubles report to community. First he will save his reputation and wont work for free, second he will warn hunters.
sr. member
Activity: 784
Merit: 314
August 05, 2020, 07:59:23 AM
Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.
member
Activity: 686
Merit: 28
PUGG.io
August 05, 2020, 05:10:08 AM
LinkedIn's accounts of the project team and their photos can reveal to us the reality of the project.
Many real projects will not hidden the person behind the project. linkedin is a place to find out whether the project is fake or not. By looking at the profile linkedin account, one of the assessments is to analyze the real or fake project
legendary
Activity: 1890
Merit: 1537
August 04, 2020, 11:00:31 AM
the easiest is to choose from a good bounty manager. although not all projects will be successful, a good manager will certainly minimize the risk as you say because they must be careful with their reputation.
if you see several bounty managers who promote a lot of project scams will eventually lose the trust of bounty hunters.

Yes, from the trusts of the bounty manager account, we can know that the new project that he promoted is honest or fake. also, through the whitepaper of the project we can use one of the sites that reveals the plagiarized whitepaper then we will know if this project uses a unique whitepaper or not. LinkedIn's accounts of the project team and their photos can reveal to us the reality of the project.
full member
Activity: 742
Merit: 102
Second Live
August 04, 2020, 09:13:53 AM
Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?
Well I haven't tried it yet but it is sound interesting so I would try it later. My way of getting know a project if it is scam is through their team, I usually check their background info if they were really into the project. Besides, I choose my bounty campaign through the manager who handled it, I usually participate in the project run by reputable manager.
You two are right! Combine your all methods will even be better. Checking their team's member and see if there's any people has reputation or bad information. Also, check the address of the company to see whether or not it's accurate. It's a good method to rely on bounty manager reputation to judge the project! Trusted bounty manager always chooses very carefully when manage a project, so it can help us somewhat.
the easiest is to choose from a good bounty manager. although not all projects will be successful, a good manager will certainly minimize the risk as you say because they must be careful with their reputation.
if you see several bounty managers who promote a lot of project scams will eventually lose the trust of bounty hunters.
Agree with you, that is the easiest way to choose good campaigns in this forum. Although it is not always true as I believe it is a project that deserves attention and can be involved.
legendary
Activity: 2478
Merit: 1492
August 04, 2020, 08:56:35 AM
A sign of fake or a suspicious project - using free emails. Example - bounty LIVE! - Blockmembers.io - $1,000,000MP Tokens Rewards Pool💰💰. On of the rules is to create a wallet on their partners https://gneiss.io/ page.

Ok, just for a test I've filled a form to make a wallet and waiter for confirmation mail. Mail came. It was from gmail.com  Grin [email protected] with text "Use this URL to verify your email". Who would use a free email to be its official email for support? If a wallet uses free email service, then what kind of wallet is that and kind of security it might offer?
full member
Activity: 1120
Merit: 101
August 04, 2020, 08:49:55 AM
Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?
Well I haven't tried it yet but it is sound interesting so I would try it later. My way of getting know a project if it is scam is through their team, I usually check their background info if they were really into the project. Besides, I choose my bounty campaign through the manager who handled it, I usually participate in the project run by reputable manager.
You two are right! Combine your all methods will even be better. Checking their team's member and see if there's any people has reputation or bad information. Also, check the address of the company to see whether or not it's accurate. It's a good method to rely on bounty manager reputation to judge the project! Trusted bounty manager always chooses very carefully when manage a project, so it can help us somewhat.
the easiest is to choose from a good bounty manager. although not all projects will be successful, a good manager will certainly minimize the risk as you say because they must be careful with their reputation.
if you see several bounty managers who promote a lot of project scams will eventually lose the trust of bounty hunters.
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