True! Directly asking the teams is the best way to do after reading all the white papers. Do not believe in the white paper only because it can be fake! Doing researches is not enough if you don't verify the information that you read. Choosing trusted sources as well as trustworthy information is very important. In general, contacting directly with the team and give them some professional questions to answer, you'll know something!
Before trusting anything the developers say if you really want to finds out whether a project is fake or not. try to investigate their identity and whether they are real person or not or just some stranger impersonating a person and it's the most important thing. In the past, there are so many people found out using someone else's identity for their ICO project and that's an obvious scam sign. 
Topic: How to know if the project is fake? - page 16. (Read 6564 times)
You can start with that or verifying the identity of the team if it's legitimate or not. Just do the basics by reading through the white paper, or even joining their community asking the team questions. I've been into some projects where the team cannot answer the question of the community professionally or avoids questions that are about the projects legitimacy or future plans.
Have you asked each and every team member? Could it be possible that the person you have asked is not responsible or is not working in the area your question was? Also matters where you have asked. If this was done on a telegram, then group admin might not be a guru of a project.
But if you have asked overall question about the project and the team was silent like a fish or not able to make an adequate answer, then yes, your method worked well.
You just have to do your own research and if you aren't satisfied enough this forum got you covered, there is nothing wrong asking the audience about what they feel about a particular crypto project, if it has bad reputation or scam accusation you will get neat answers
You can start with that or verifying the identity of the team if it's legitimate or not. Just do the basics by reading through the white paper, or even joining their community asking the team questions. I've been into some projects where the team cannot answer the question of the community professionally or avoids questions that are about the projects legitimacy or future plans.
True! Directly asking the teams is the best way to do after reading all the white papers. Do not believe in the white paper only because it can be fake! Doing researches is not enough if you don't verify the information that you read. Choosing trusted sources as well as trustworthy information is very important. In general, contacting directly with the team and give them some professional questions to answer, you'll know something!
You can start with that or verifying the identity of the team if it's legitimate or not. Just do the basics by reading through the white paper, or even joining their community asking the team questions. I've been into some projects where the team cannot answer the question of the community professionally or avoids questions that are about the projects legitimacy or future plans.
It is impossible to distinguish which ICO is fake, not even professional people can verify exactly. Like the ATTN project IEO at Okex, it was a fake project and was accused. Okex has canceled this project and is looking for another project
I saw their announcement a few hours ago, it seems that the project was having some problems when ATTN Holdings and Evos Esport stated that they had nothing to do with this project. Most likely this project will be canceled from Okex JumpstartFake 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?
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?
This is indeed a good way to verify the guenuity of a project as google map and other onlime map platform has made it easy to check any location almost everywhere in the world. checking out about the team is also sure way to verify a project because often atimes, fake project do use names of people who doesn't exist at all and if the linkedin profile of the teams are new, that's also a sign they might be scam
the first thing I saw was the product, after that I saw the team and the community in the telegram. if one of them I get something quite strange then I will immediately consider it scam project
But, there are big chances for making you believed into them easily as your measurements are sounding like enough against how well scammers are preparing their all aspects which includes social media activities and whitepaper and roadmap presentation and etc. If you look for only such very limited things then the chance for getting into scammy project is more. You must include few other steps in your due diligence procedures so that you could stay secured against all fake projects.I am completely staying away from ICO projects hence I am not spending any time on finding projects whether they are good or not to work with. But in the past, when I was actively participating into ICOs, I do always check high rank forum members for opinion and most of the times, they are good in spotting fake projects.
That is a nice tip for newbie investors, address authenticity really matters, I also look for facts about the team, read whitepaper, social media engagement but for now I guess offline blockchain conferences now is not possible. The projects idea is important too. I also look for partnership if they made some and confirm it to the said project if the partnership is genuine.
the first thing I saw was the product, after that I saw the team and the community in the telegram. if one of them I get something quite strange then I will immediately consider it scam project
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?
Here everything has already been written how to check. Previously, when I did many different bounty projects, I used it. https://bitcointalksearch.org/topic/scam-5045726I 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?
Sometimes the photos of the so-called project team were generally with incomprehensible people. Which had nothing to do with crypto.
Guys stay away from the project "Originate" I saw their bounty thread and the project literally has no value whatsoever to offer investors or users. Their white paper basically consists of a summary of blockchain and cryptocurrency in general terms nothing really unique or proposed by the team so perfect example of a fake project. Do your research, really investigate a project and never deposit your money in the hope of profit, always invest your money where you see future not greed.
Of course this should be the mindset of a wise investor. Never ever trust a project without doing some research that would prove that they are legit. I always make a background check on the team behind the project if they are using their real identities because a fake one would only use other people's identities that are already established so that they can still lure more investors. It would be good also to check their address if they are really residing in there or just using fake one. 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.
Lol, sometimes scammers can even use real addresses, but that doesn’t mean that they are located at the address they have used. So no matter what, you have got to be very careful with how you choose what to invest your money in. Try to know their team if possible, that’s where they will usually mess up, because they will have to fake their identity if they are scammers. Their social media handles can help to reveal who they are. Check their LinkedIn and Twitter and check their activities.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.
Regardless of who many measurements we are taking to identify fake projects, these days devs are making themselves to look like more realistic and this is the reason all those measurements are ending up in vain. But, this does not mean we should not be careful like before; we must continue what we are doing so that they could find them out at possible levels.
Guys stay away from the project "Originate" I saw their bounty thread and the project literally has no value whatsoever to offer investors or users. Their white paper basically consists of a summary of blockchain and cryptocurrency in general terms nothing really unique or proposed by the team so perfect example of a fake project. Do your research, really investigate a project and never deposit your money in the hope of profit, always invest your money where you see future not greed.
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?
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?
In some cases, fake projects are difficult to figure out. The main reason for this is that scammers design the project in a way that makes it difficult for investors to catch them. I saw a lot of projects that looked like real projects, but later I saw that they ran away with the investors' money. I have seen many good projects run away with funds after ico. There are some smart scammers who bring a project to the market, but it is difficult to find out the purpose of that project. So it is not possible to know 100% of a project in advance. Because the project team knows best about their next steps.
It is impossible to distinguish which ICO is fake, not even professional people can verify exactly. Like the ATTN project IEO at Okex, it was a fake project and was accused. Okex has canceled this project and is looking for another project
You should try to visit the scam accusation section too. When attn was getting accused and then the community was doing a better thing rather than what has already done by the exchange site. The community has a lot of people that can do various research on the project at the same time. It is impossible to distinguish which ICO is fake, not even professional people can verify exactly. Like the ATTN project IEO at Okex, it was a fake project and was accused. Okex has canceled this project and is looking for another project
By considering the level of preparation nowadays scammers are taking, it is almost impossible to identify which is fake and what is going to get us real profits. Only when time moves, we are able to distinguish the actual things from fake things. But, in between time scammers are able to achieve what they are actually planning up. This is the reason, we are almost not having an industry in the name of ICO; those scammers killed that industry slowly. In recent times I'm not following any of ICO/IEOs, which could be the reason why I'm not aware of the project you have mentioned.if they used fake Linkedin account or stole images from the internet. now this tecnique can be countered by the scammers but sometimes they can be track by this method.
Scammers are intelligent enough to get updating themselves so that we cannot use same old techniques to track them down. Nowadays all KYC documentation and highly prepared linkedin accounts are available for buying but for huge prices still I believe those previous scammers might be affording to buy and use them.
I think it will be very hard to detect fake projects, because of the guys running the project are so smart that's they will make sure they do everything to cover any trace of been noticed. But one way or the other, if you have been inthis game for awhile, you will probably be able to spot one if you see it. I once fell too, but I learnt my lessons. And I have been very careful in other not to waste time and resources of fake projects again. They are really a waste of time. The experience is not good at all.
This is my technique, i always use Google map to verify the address provided by the project. If the address is not existing, or there's some suspicious ir unverifiable claim, i immediately abandon the project.
I would understand if a project don't have a physical address, it might be because they want to operate virtually or the team don't have enough money to rent an office. But if a tea gives you a wrong address, then they are out to fraud you, because a project built on the foundation of lies has nothing to offer.
This might not be the only way of spotting a fake project, but it is a very essential method.
I would understand if a project don't have a physical address, it might be because they want to operate virtually or the team don't have enough money to rent an office. But if a tea gives you a wrong address, then they are out to fraud you, because a project built on the foundation of lies has nothing to offer.
This might not be the only way of spotting a fake project, but it is a very essential method.
Do you understand that registered address and physical address can be different. What would you say if registered address is a dump whole or a "place on a small country where lots of projects register because of their tax policy" ? But their office is in a skyscraper? Or you "only know a place" where the project might be registered (*pointing my finger on Binance and Malta*) - would you trust this project ?
It is impossible to distinguish which ICO is fake, not even professional people can verify exactly. Like the ATTN project IEO at Okex, it was a fake project and was accused. Okex has canceled this project and is looking for another project
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