Topic: How to known a Scam ICO - page 17. (Read 30816 times)
if I think the way to identify the ICO is right and wrong, we must first observe whether the white paper is regular or not, because the best thing we can do to know if ICO is a scammer is to look at their profile and read correctly their full details and also see if they have good feedback from their clients or investors in this business.
It is not something difficult to do, just cheeck the last patterns from other scams icos and you will see that they all are always doing exactly the same, airdrops, the same bounty managers, and the same stuff only that copy pasted.
I have the same opinion about the discussed above, and it is necessary to pay attention first to the team of the project, their experience or may be earlier products, and after that learn in detail the other things about the project - idea and the new product itself.
How to know the scam ico sometimes vary. You can read the whitepaper, see the purpose of the project. See the team from the project, whether it's a real team or not. See the enthusiasm of the community against the ico project. You can also see in icobench rating about ico project.
It is sounds too good to be true, minimum risk good profit, team can't be found nowhere, whitepaper copied from different ico, self moderated topic, newbie accounts and many more things.
Sometimes is hard to spot it.
Sometimes is hard to spot it.
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.
I'm looking if there is any product is developed. If there is no product and only the idea I do not invest in such altcoins/ICOs. I've invested in Revain before (yeah it was really good when it jumped to 3 $!!!) and now I found a new project where CEO from Revain is Chief advisor. The project name is FuturesCoin: https://bitcointalk.org/index.php?topic=4661230.0;topicseen
I will look if they will follow their roadmap and make operable version of their product. If not, then I won't recommend them
I will look if they will follow their roadmap and make operable version of their product. If not, then I won't recommend them
These are the following ways to know scam ICO are as follows:-
1.No token use case for product.
2.Empty Github/bitbucket.
3.Company not incorporated
4.Unknown/fraudulent team members/advisors.
5.Plagiarized/bad whitepaper.
1.No token use case for product.
2.Empty Github/bitbucket.
3.Company not incorporated
4.Unknown/fraudulent team members/advisors.
5.Plagiarized/bad whitepaper.
you should know the team member from the project!
sometimes a scam ICO will use a pictures from the internet then added to their team member list
just right click the image then click "search google for the image"
thats only one from many way to know the scam ICO
regards
great. This is also a method that we need to test to get the ico scam exclusion result. In fact, the ico scam problem is very difficult to determine. Beyond knowledge, experience. It also needs many other factors. Intuition, sensation is also a way to limit the risk for each person's property. sometimes a scam ICO will use a pictures from the internet then added to their team member list
just right click the image then click "search google for the image"
thats only one from many way to know the scam ICO
regards
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
its really hard to tell if an ico is scam or not, so you should base on ico rating or other things like their seeing their public profile, etc.BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
by doing this, you can lessen the possiblity to be a victim of scam.
you should know the team member from the project!
sometimes a scam ICO will use a pictures from the internet then added to their team member list
just right click the image then click "search google for the image"
thats only one from many way to know the scam ICO
regards
sometimes a scam ICO will use a pictures from the internet then added to their team member list
just right click the image then click "search google for the image"
thats only one from many way to know the scam ICO
regards
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.
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
You will have to develop your own system since some people have different standards for some things, for example I do not like icos that give bonuses, I know that many people in the forum love the bonuses but in my opinion this is nothing more than a way to try to make people to invest without checking the ico completely, not only that to me that seems like an attempt to get money as fast as possible which is a bad thing because it makes it seem as if the developers only care about the money. BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
Since there are lot of ICO campaign are available and most of them are Scams, I suggest you to do your own research about crypto projects before investing your money
I don't think it is easy to judge any scam ICO
You can identify either the ICO or the project has launch is just a scam, if you read there whitepaper and also check the information of the team that they had.
Scammers are getting more updated now a days so we need to update our knowledge about the crypto currencies and the evaluation of the projects more well.The important thing we need to look for when it comes to an ICO is about that project team,the scammer use fake profiles as their project team so we may get a clue about the scam by doing these.
It is difficult to detect scam ICO.
luckily i never get scammed.
Maybe you should do research about the project you want to join.
Check their social media, telegram, and read their whitepaper. Hope it can help you to avoid scam ICO. So you don't wasting your time.
luckily i never get scammed.
Maybe you should do research about the project you want to join.
Check their social media, telegram, and read their whitepaper. Hope it can help you to avoid scam ICO. So you don't wasting your time.
Actually I do not know if they are Scam, but I can guess if they are money grab. The amount of funds raised is too much for the contents of the project. Much slanderous words such as future or dream. There is no white paper etc. You should not invest in such projects.
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
Good question but answer is to hard to define the scam ICO if your research each ICO they have a prof of the team white paper and roadmap but it's defense to the developer if the developer want to scam the project the team it's no power to hold the knowledge of the developer. BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
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