Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
Do you want to invest or participate in a company bounty? There are sites where you can follow the projects, where they put ratings,, etc. one of them is icodrops.com. Also, when selecting a project, you need to pay attention to the manager who leads the project and to his previous experience. This information is also available on the forum, just give it time.
Topic: How to know project scam or not? - page 10. (Read 1721 times)
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
Indeed a difficult question, now many fraudulent projects but the way is very professional; Anyhow, the project strategy, the development team and the prestige people are the points that make us more secure.
to see if a project is good or not, I usually first check out some important things related to this project, including the development team and the business plan (road map) of the project.
We can identify the scam ICOs by reading their whitepaper if it is unclear or copied from any other projects then it is scam but it is hard for the newbie to understand the newbie so you need to go to their ANN thead and where you can get the feedbacks and suggestions about the projects.
what kind of project do you mean, bounty program or airdrop?
if bounty, it is difficult to distinguish between a good bounty and a bad one, but obviously bounty is bad if it does not have a clear website and whitepapper.
if the airdrop, usually the bad airdrop, should share their twitter link, and ask our private key. if it's like that means it's a bad airdrop.
if bounty, it is difficult to distinguish between a good bounty and a bad one, but obviously bounty is bad if it does not have a clear website and whitepapper.
if the airdrop, usually the bad airdrop, should share their twitter link, and ask our private key. if it's like that means it's a bad airdrop.
I usually do something like that by reading wesite and things on the project after I understand the policy that will be done by the project and I am usually interested in the project is not a scam.
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
It is really hard to find which ico project is a scam. I think the best option is reading opinion other people, because even the best-looking design can be a scam
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
The truth is you will never know until it became scam. Even a project looks legit, it is still not sure if this are a reliable project. Many new ICO are just after the money of investors. Better buy if the coin is already in the exchange.
There are some obvious signs: the organisation offering the ICO is not regulated by the appropriate financial authority, they fail to disclose the things that are mandatory in their jurisdiction, or even more basic stuff like the company address listed is fake (Google streetview is useful here) .
or better make a research on google on how to Avoid Scam ICO. its very important that you are knowledgeable on choosing Good ICO.
or better make a research on google on how to Avoid Scam ICO. its very important that you are knowledgeable on choosing Good ICO.
Check out this guide to ICO Evaluations:
https://www.tokens24.com/exclusive/bitcoin-bennys-beginner-guide-ico-evaluations/
https://www.tokens24.com/exclusive/bitcoin-bennys-beginner-guide-ico-evaluations/
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
Do you want to invest or participate in a company bounty? There are sites where you can follow the projects, where they put ratings,, etc. one of them is icodrops.com. Also, when selecting a project, you need to pay attention to the manager who leads the project and to his previous experience. This information is also available on the forum, just give it time.
There are several things that cause SCAM in cryptocurrencies project. such as the unclear project, the purpose of fundraising done by developers and teams is not clear and seemed to hide. Usually this is clearly stated in the Whitepaper. and it is actually difficult to know which scam or no other inexperienced project in this world of cryptocurrencies and who can teach about all of this is your own experience. yeah you also know if there is a proverb says experience is the best teacher. so, you have to find a lots of information and and ask something about cryptocurrencies that you do not know in this forum.
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
We need to carefully study the project itselfyou can search some good feedback on their sites such telegram, twitter, or on other websites, you will read some comments or feedback from the crowd, depending on your luck.
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
Making such predictions and analysis is a hard nut to crack . We can never actually come to know about a good project . The secret lies in the team . If the team has experiences and well named devs and managers there is a less risk of getting encountered by scams .
Moreover also study the websites and social media for that purpose , that would solve many queries about a project's genuinity . All scam projects makes some over the top fake promises of its price . So that might be a fair indication of a spam.
Seriously speaking you can never know. Look at projects like Bitconnect or Comodo. Even if they have the greatest white papers and are promising you glory. They don't have any value in the real world. Unless they have a working product to show case. All those promises are nothing but ashes.
I agree. This is one of those "rhetorical" questions in this market that no one, even the seasoned and experienced ones can't answer. The truth is, there are so many things that could tell you if a project could be a legit one or not, if it can succeed or not; the problem, however, is the fact that the market changes so quickly, and it is so volatile that a hundred of different things can happen that could affect the project for better or worse. But, for me, the main guide to know if a project is a scam or not is the product and the developers' backgrounds, if they seem to present a legit and true blue project that has a chance to succeed in the market, then you can at least think that it has a fighting chance. But, on the other hand, if it's something that is old and the objective being a "make shift" one, then be doubtful of those kinds of projects.
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
That actually is one of the hardest questions to answer in this market. The fact is, even if a project may seem to be good, there are so many market changes and trends that could affect it as it goes on that may force it to go south even if it really has all the aspects to succeed. Now, I am not discouraging you mate, what I am saying here is you really need to be thorough with selecting the projects you would join, and you can use these factors as indicators. (1) Choose a project with a new concept or product to offer, people tend to support and gravitate to those projects that are new. (2) Check the background of the developers if they have a good plan moving forward, if they don't have any clear objective, then think twice. (3) Check on how the community supports and embraces the project, if it gets good remarks, then that could tell you they are up to something good.
If the project is goods check always a white paper and roadmaps and the members or managers actives in telegram.
Remember that, the good or bad project is different with the scam or not 
). IMO, the excellent project has good manager. Currently, I was joining Buzzshow bounties campaigns. This reason which I decided to join this bounty that sir yahoo manage Buzzshow campaign ). I already entered a lot of campaigns which sir yahoo is the manager. He is the best manager with me. He always helps member and updates spreadsheet quịckly.
). IMO, the excellent project has good manager. Currently, I was joining Buzzshow bounties campaigns. This reason which I decided to join this bounty that sir yahoo manage Buzzshow campaign ). I already entered a lot of campaigns which sir yahoo is the manager. He is the best manager with me. He always helps member and updates spreadsheet quịckly. 
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
I just stick to the team, concept and whitepapper. if within the project there is a good team and I have previously succeeded the project I will follow and can make sure it is not a scam. so the team is very influential to the project whether a scam or not. 
Hello, i am newbie and want to know how i could check projects if they are good or bad, is there ways to know about that?
If you are a good reader then you will find that white paper can give a clue about the whole project and if you are just speedy investor who doesn't care about the white paper then you might end up hitting the scams all the time. The whitpaper is main source of information and way to represent the companies whole idea. To be honest people are so lazy now a days that they just make up the white paper and copy paste it. This sort of give us idea of bad projects. However this is common way and apart from this you can get to know more info by diving yourself into the project and making small investment at the initial stage. Later on you can see the raodamp and check out if everything is in line or not. That can give you some info too.
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