Topic: How to known a Scam ICO - page 16. (Read 30791 times)
The best way for you to know a scam ico is to check the people behind the project, if there are no faces behind a project then you know that the project is shady and the people are just making sure that there is no way to trace back to them when they get out of the project with the money. Also look at the product, if it is not sustainable then it is a dying project.
look painstakingly and examination of what exists in the whitepaper. I feel no more to have the capacity to see if the ICO trick and not. All substance of the ICO will unquestionably be given in whitepaper and if it's not significant and can not enter in the rationale or questionable at that point don't enter in ICO.
Look at the team always, it figures and the ICO mirror. If they are good-naturedly in contact with investors and are happy to share their plans, then a good ICO.
The developers are everything, this is why the most attention should be given to them, even if the whitepaper and the idea behind the coin is not the best or the most original if the developers are really good it is entirely possible they will be able to deliver a good product, a product that is way better than anything that is in the market and when that happens the only thing you need to do is to wait for the rest of the community to realize this and wait for your profits. 
I advise you to spend more time on sites that analyze ICO, for example https://icoholder.com/ If the rating of the project is low, I do not advise to invest in it.
If I myself see from the website, team, and social media. If I myself prefer to buy coins in the stock compared to ICO coins because the coins on the exchange more clearly.
For you to know icos that are scam, you should take a very good time to read the whitepaper, study the website structure/roadmap, check who the developer and management team are and there past history to know if they have good remarks and then the community. If all this are clearly stated and there is no doubt, then you can invest in the project and I think it is good to invest while the ico is still on than buying on exchange.
You can easily find out whether the ICO is a Scam as soon as you carefully study its documents, website, partners and team. Public opinion will also help you.
it is actually very difficult to find out what ico actually is and what is fake imagine the number of ICOs here in the forum and it is very hard to know. scams are everywhere, so we should be more careful if want to participate in the project, first so that we do not become the next victim, like the back team, be sure to check their profile and who the manager is on the project.
1. Research about the team behind the ICO properly. You will not find much information about them if they are scammers.
2. Carefully read the whitepaper. Make sure it gives all the details about the project. If it is a scam there will not be many details.
3. The idea and goals of the ICO should be realistic. Stay away from project offering goals like doubling your money in 2 days.
2. Carefully read the whitepaper. Make sure it gives all the details about the project. If it is a scam there will not be many details.
3. The idea and goals of the ICO should be realistic. Stay away from project offering goals like doubling your money in 2 days.
First of all, gather as much information as possible. Manager, the team of this project. A very good sign is positive feedback. Their past merits.
Three repeated points with every scam ICO :
- Good shiny graphic design with hidden info about development team .
- Bitcointalk OP bumped everyday with newbie accounts .
- Too expensive price of coin because team aim to get profit only even from one investor .
Advise to stay away from all icos for time being .
- Good shiny graphic design with hidden info about development team .
- Bitcointalk OP bumped everyday with newbie accounts .
- Too expensive price of coin because team aim to get profit only even from one investor .
Advise to stay away from all icos for time being .
Now it is very difficult to do. Scammers have learned to make decent websites and smart whitepapers. Considering how much ICO is conducted, it is very difficult to separate the scam from the norm. But no one is guaranteed that if the ICO is not scam the project will be successful
It seems very difficult to escape from a scam ico project. all data can be falsified. both from team profiles and advisors to partners of the project.
It is very difficult to know if an ICO project is fraudulent. This is the same as determining the potential level of those projects. If the team that develops those projects is to deceive investors, they will do everything to hide that falsehood. I only have a few tips for you. Check the important information of the project, everything should be transparent, clear and public. The information of the team members must be real and not negative. Besides, reference comments and reviews of people is also a good way
How to classify projects that have received investments, but in fact, their work has stopped there, they do not develop much. Is it a scam?
If they stopped after ICO maybe there wasn't project at all. Did they return money to investors? If they didn't than they were scam from day one.Another thing is they really can collect money, build project and project might fail, in that case it is not scam. It is just - they failed. It is risk investors are taking while investing in projects.
To figure out in the early stage that the ICO is scam is by knowing how big is the community of that ico in telegram, facebook and twitter, and if they are active answering the questions of all possible investors. Whitepaper is the second thing but sometimes it is deceiving if can not notice that the whitepaper is just simply copied from other so I always check the telegram community and the activities.
How to classify projects that have received investments, but in fact, their work has stopped there, they do not develop much. Is it a scam?
The ICO is scam if their white paper is just like very common and it looks like a copy paste from google and also the developer or the team is not transparent it is like only a fake identity. you really need to read the whote paper and make sure do more research . and sometimes the bounty campaign manager who is promoting the project should also be considered in checking if thw project is real. check if the manager is legendary and well known as a good bounty manager and has lots of ico.project promoted.
It is very difficult to identify an ico scam. I have been through a lot of ico. There are very good ico, but in the end failed and scam for a variety of reasons.
it really is very difficult to know ico scam maybe with a little experience and knowledge will minimize trapped ico scam, to my knowledge choose ico high volume and select the recommended by our team that allows no scam.
Scam ICO 
The simple trick if that ICO will be a succes or not.
First you must know how it project work, partner, softcap and hardcap too.
And dont forget to read a whitepaper and if tou think that is great to invest.
So there you are.
The simple trick if that ICO will be a succes or not.
First you must know how it project work, partner, softcap and hardcap too.
And dont forget to read a whitepaper and if tou think that is great to invest.
So there you are.
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