Topic: How to know if the project is fake? - page 14. (Read 6563 times)

To be able to post the picture and a new account needs to buy a copper member. In my opinion mostly scam projects were posting the fake team and anything that have already mentioned by scam projects were fake e.g like partnership, roadmap, idea, team and many more.

 Although for a well planned fake project its difficult to detect but some of them are so fake that they will plagiarized website and whitepaper . I once saw a project whose developer copied and pasted another project word to word . that is one way of detecting a fake project.

Another one is faceless team or impersonation , when the team decide to be faceless be careful about such projects it's likely to  be fake.

There are several ways of getting fake projects aside team looking fake, some do mention exchanges they never had contact with and chatting up these exchanges will actually give one head up to know if they are truthful or not and also their community, some shares airdrop with small amount and rate their project high, maybe peg it to 1$ just to attract investors by saying they will list at 2$. Empty promises are out there. Let's wise up please.

At the old times, what people commonly do is to track down the team behind by doing thorough research about the authenticity of the project developers by looking at their backgrounds and the location of their data base and doing research about the whole thing that the people behind the project is all about. BUT, at this point of time even those information seems to be possible to be manipulated to look real and reliable which makes it so hard to distinguish the fake one from the real one.

Nowadays that people are now getting wise and much aware to observe and research about the legality and reliability of the project before engaging, the scammers or the people behind the creation of fake projects have also evolved into a wiser people on which they already creates projects that are really deceiving to the eye that can make you trust and believe that they are the real ones.

With that, it already makes so hard to identify which one could be real and which one could be the deceiving one. Doing a fast research seems to be not enough now because you do really need to exert effort on observing the project itself due to the reason that most commonly fake projects are being identified once the project promotion was already done and have already victimized lots of individuals.


This sounds to be a good thing to do because indeed there are really projects who are just making plagiarized white paper if they are being to careless to do such. But if we encounter a seamlessly clean and no trace of being fake project on which it is really fake but it have managed to make itself a real one, then that is what we must just hope not to encounter because it would be really hard to identify such thing.

That's a good way to start with. But some of them bigger scam than location hack. I saw projects like spot who have a big office they meet with projects like travala or efx they did a hackathon then they just disappeared with people's money. The first this you have to check every team member. Go for if they register the company or not. And the best thing you can do is check the whitepaper and know that the project has a potential in future or not. That's it. But still sometimes it's hard judge.

They will also Plagiarised the whitepaper, and most likely it will be a newbies Account which they will go extra miles to buy (A Copper Member) they will use to create the thread on bitcointalk here.

A thorough study of the project is akin to cross-examination. If the information comes from different sources, there is less chance that people analyzing the project will think the same way - and come to the same conclusion. So to say the truth is somewhere in the middle

whitepapaer checking is a waste of time, we don't know if the project really copied from another whitepaper project, it has to compare, and of course it takes time, I think one important thing is checking their website and checking the truth of the team, but it still 80%, keep be carefully

I think we must start with their whitepaper because most scam project just copied other project's whitepaper.
After whitepaper, search their website and we will find some copied contents too. Plagiarism is one of the signs of scam project which is often accurate.

Some fake projects were also creating fake partnership too. You can take a look at the latest case that happened with ATTN project and it was using the fake partnership and after it has already revealed and OKEX was cancelling to launch ATTN IEO.

Scam projects are always too good to be true that it is tough for us to believe if they are good enough to participate with and invest our money. Checking the team members profiles is the first thing that we need to do because some people only makes false information about them, pretending they are the ones who are building the project. Lastly, you should read their Whitepaper, Lightpaper and their websites because it might be copied from the previous projects or just telling lies to scam other people.

Couple of things you can do to verify if the projects are fake first check out the team's LinkedIn profile to verify their accomplishment also check if the whitepaper is plagiarized using PLAGIARISM CHECKER tools that can be found online.

If the project is offering something too good to be true then it probably a fake one.

That's right, there are some fake whitepapers with elegant looks, whitepaper can't be a reference for a good project. The best way is to always find out from various information about the project.

I'm not sure about the Whitepaper, now scammers have got the hang of making quite high-quality fakes that crypto experts may not immediately detect them. Another thing is the team of developers-there are plenty of tools for analyzing the personality now, and with a certain skill, it is easy to calculate the crooks.

In fact, it is very difficult to understand which project will be good or which project will be bad. If you want to invest in a good project, you need to know and hear about the project well first. I don't think a good bounty manager will work on a bad project.

With this reseach, you can only detect classic scam projects, now the scammer is much smarter and I believe that they will create fake projects that are very sophisticated and difficult to see them

Basically nowadays, fake projects do really look deceiving. You know why? It is because fake projects are most likely to look like real and legitimate on bare eyes and at first glance for the team behind those fake projects have already improve and evolve the way their project is present to look presentable and attractive to many people on which is unknowingly fake at the real deal.

Identifying fake projects nowadays would be a great challenge and it will need thorough research, effort, time as well as observation to be able to verify if such project is a real or a fake one. Nowadays, fake projects are doing a real good camouflage and dress up like a real one on which it will just be revealed most of the time when the project is already done and they have already achieved their goal. The old days of easily identifying fake projects seems to be over because those scammers who create fake projects are now being so much wise to create fake projects that can be deceiving to many people in general.

Whitepaper and project team analysis are the best way to find fake projects but the next level scammers are creating everything for real because they are investing their money to make in millions which kind of fake projects are not easy to get exposed themselves just like with addresses.

This is really good question because there are so many fake projects,  and it's not always obvious. Fake photos and bio of CEO and others... I'd be glad to read all info that was write in this topic

Check team members on Linkedin, check their previous experience, and what projects are behind them. Check if they have any real residency.
The anonymous team without any experience is for sure a fake one.