Topic: How to known a Scam ICO - page 4. (Read 30791 times)
For example, if it is not possible to ask any questions to the organizer or the project personally, this is already a sign, not speaking already about the lack of proper dialogue with their assistants.
https://medium.com/sylo-io/a-disrupter-in-a-disruptive-industry-c1ac61ca15fc
Read this, a good insight into this problem from a project that's already completed their ICO.
Read this, a good insight into this problem from a project that's already completed their ICO.
Unfortunately, now it is really very difficult to find a suitable project for reliable investments. The number of fraudsters has recently increased significantly. Therefore, it is impossible to fully protect yourself from fraud. It will only be possible to reduce the existing risks for investors. Be sure to examine the roadmap, information about the developers and the proposed technologies.
Its actually hard to identify if an ICO is a scam because at first, they all look promising but after some times they are not. What you can do is to look for signs that might make the ICO a scam. First is the developer of the project whether they are real people or not. Next is their project whether its working or not. You can also check their website if its transparent or not.
Hello, mate there are so many ways to find scam ICO. You can check the white paper clearly about the project team, what is the output, who are the partners, telegram group activities. Now there are so many ICO handling groups. So you can find a trustable group by observing their previous works.
To know a scam ico is based on your understanding and viewing it also in the project seems you gonna check all details before you gonna participate every bounty hunters and ico investors. For me I always read whitepaper and joining telegram,facebook and twitter you can see their team and about the project.
The first start is taking your time to go through the Whitepaper, a lot of scam ICOs are easily detected just from the Whitepaper. Then the team members, how is their background like, can they deliver, etc.
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
Most scammed ICO's didnt want to know there identity and who's the team or people behind of the project. They dont have proper white paper, websites and etc. And about buying much better to buy coins with exchange already to make your investment safe and all you have to do is just monitor only if the coin bought either increasing or decreasing its prices. Differ from investing in new ICO's, doing ICO's is the stage of promoting their coins to the market and there a possible of failure on it and your investment also gone or remain but in trash prices. BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
I does not matter where you buy a new token, the main idea is that you won't invest in a scam project. Just scroll the forum and you will mention some posts from forum members that have detected fraud projects. Just be aware of them and never forget to diversify your funds.
It difficult to know at first look that this ICO are scam. But you can follow some tips that may help you to save your capital. First one you should know company details and company background. 2nd MVP, 3rd team member activities and also trusted project manger.
Hard to avoid, here is some tips.
3 Ways to Identify an ICO Scam:
1. The Developers Are Anonymous
The first and most blatant sign of an ICO scam is that the token’s developers are anonymous or otherwise-unknown.
2. The Token Does Not Have a Clear Use Case
Another sign of an ICO scam is that the developers are unable to clearly articulate a valid use case for the token.
3. The Whitepaper Sets Unrealistic Goals
If the whitepaper sets an unrealistic development schedule, it either means the developers are using deceptive tactics to attract token buyers or they lack the necessary experience to give a sensible scope to the project. Either way, this does not bode well for the success of the project and its corresponding token.
3 Ways to Identify an ICO Scam:
1. The Developers Are Anonymous
The first and most blatant sign of an ICO scam is that the token’s developers are anonymous or otherwise-unknown.
2. The Token Does Not Have a Clear Use Case
Another sign of an ICO scam is that the developers are unable to clearly articulate a valid use case for the token.
3. The Whitepaper Sets Unrealistic Goals
If the whitepaper sets an unrealistic development schedule, it either means the developers are using deceptive tactics to attract token buyers or they lack the necessary experience to give a sensible scope to the project. Either way, this does not bode well for the success of the project and its corresponding token.
This one is really highly recommendable to serve you as your guide.
Anonymous, unclear token uses, and unrealistic development are the common identification of scam ICO.
And in addition it doesn't mean these are the only ways. There are more ways to find out scam ICO such as sites, and community updates and etc...
If you find a good ICO, you can participate in ICO sale if you buy coins with big discount in early sale.
Or if you want to wait, you can sometimes also buy post-ICO tokens for very good price.
Or if you want to wait, you can sometimes also buy post-ICO tokens for very good price.
Unfortunately todays ICO's could turn scam easily 
In 2018 more than %75 ICO's turned scam some how and millions of people lost their money. I would never recommend you to join any ICO right now. If you join an ICO project you have to study about the project and the team. The team usually provide their personal linkedin profiles, you must check them. Also pay attention the good ICO's are showing their sales reports on the front page of their websites.
In 2018 more than %75 ICO's turned scam some how and millions of people lost their money. I would never recommend you to join any ICO right now. If you join an ICO project you have to study about the project and the team. The team usually provide their personal linkedin profiles, you must check them. Also pay attention the good ICO's are showing their sales reports on the front page of their websites.
Now it makes no sense to invest money in the ICO, since there is no interest from investors and it means they don’t even collect softcap.
I do not think that now the purchase of coins at Iko remains profitable for investors. Enter any chat and ask a question. You will be told that investors do not make a profit. If you look for coins on good exchanges, having previously studied where you want to invest.
Now it is still very profitable to enter in a new ICO projects, if there are a good projects with a new idea, a strong team. Despite the bear market, such projects can help to their investors to earn their profits. the most important thing is to learn how to select such projects. 
So, in my opinion, first of all you have to learn not to invest in everything or you will have a short life. Secondly, look for all possible informations from different sources. Third thing, try to follow your instincts. Fourth thing: you'll never stop making mistakes in this world, the important thing is to learn from mistakes. So do not invest large amounts until you've made a mistake several times.
It so hard to predict how to know the scam ICOs because it looks like true ICOs but what should i do if this ICOs are scam is i really look at their website, whitepaper, roadmap, social medias and the team behind this project is not a ghost.
Yes, you are right for that, I am also very difficult to see the truth of ICO for now, maybe if you have seen the entire web, white paper, social media or their team still can't judge for you, I suggest if you want to invest better You buy Altcoin on an existing market, because in my opinion such a thing is very good to avoid losses in your investment than you are in doubt with ICO.
There are so many ways one can know a scam ICO
One has to know the kind of team league behind the project
One has to know what the coin is really going to be used for
Again is the whitepaper
Another thing is the website
Another is the token allocated
If they're doing bounty, who's the bounty manager.
One has to know the kind of team league behind the project
One has to know what the coin is really going to be used for
Again is the whitepaper
Another thing is the website
Another is the token allocated
If they're doing bounty, who's the bounty manager.
I do not think that now the purchase of coins at Iko remains profitable for investors. Enter any chat and ask a question. You will be told that investors do not make a profit. If you look for coins on good exchanges, having previously studied where you want to invest.
Its very difficult to know which project or ICO is a scam cause these days they sometimes come our successful even though it was earlier perceived to be scam but PLease you can check the white paper be watchful also on the telegram group ensure that the team is real and not an imaginary one thanks
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