Topic: How to recognize scam - page 8. (Read 3159 times)
I do not know about it that it is certain to recognize it I just see the person who commented under it or can also see from the spreadsheet that does not count its position.
To detect fraud, do not rush to invest. Be patient enough to explore the project, check out several ICO review spreadsheets, check out what the project is, details about the team and past track record, Browse the social media platform and pay attention to investors ' comments. Do not invest base on followers on social media platform, invest because you have done your detailed research.
It was important to know the team background, identity, and how they response the investors for a brief and smartly pointed subject. And also it should be or atleast they have a ready made product which will be the best bases to get the attention of every investors on how it will works with the community either it efficient or convenient to every users.
Most scams play upon basic human qualities that everyone has to some degree. Many of these qualities are not very flattering. they include traits like fear, vanity and greed. con artists have leveraged these traits for hundreds of years -- play upon a person's greed and you can convince them up is down and cold is hot.
Inexperienced team with little or no work history. Too much bonus during pre sale. More than 20% tokens kept for founders/organization. Unable to explain the fundamentals behind their token in their telegram/discord etc. No vesting for an year at-least. No git hub.
I would add - no communication
Inexperienced team with little or no work history. Too much bonus during pre sale. More than 20% tokens kept for founders/organization. Unable to explain the fundamentals behind their token in their telegram/discord etc. No vesting for an year at-least. No git hub.
There are a lot of thing that can throw me off the project , Idea, country, design of the social media.
Quality of post and information, there are a lot of projects which i do not research if something seems off, there are a lot Icos and there is no use of giving my time to shady ones.
Quality of post and information, there are a lot of projects which i do not research if something seems off, there are a lot Icos and there is no use of giving my time to shady ones.
point on approachability of founders is always important. If you can't communicate with your investors before raising money, there is a decent chance you wont bother an iota after ico is over.
You need to read their propagandas and search in web if their legit. Try to find out if they have proofs. Dont easy believe with offers. Research first and read their whitepapers.
I never spoke to a founder in person, but keep in mind that even if someone has a good idea and speaks about it "with fire in his eyes", this doesn't necessary mean this person is a great businessman, that knows how to build a company or is able to gather the right people around him to help him doing so.
for sure, it doesn't mean that he is a great businessman. But unwillingness to talk and answer questions is not good
You should talk to founder. No matter how busy he/she is. `a founder always have to find some time to talk to
I agree, there are a lot of spammers. However, a founder still should find some time to chat with people from a project community
I never spoke to a founder in person, but keep in mind that even if someone has a good idea and speaks about it "with fire in his eyes", this doesn't necessary mean this person is a great businessman, that knows how to build a company or is able to gather the right people around him to help him doing so.
for sure, it doesn't mean that he is a great businessman. But unwillingness to talk and answer questions is not good
You should talk to founder. No matter how busy he/she is. `a founder always have to find some time to talk to
One of the biggest signs of a scam is that if it sounds too good to be true then it probably is. The whole point of a ico is to make money if the project has alot of promise it could all well be a good idea. If the founders won't talk answer questions then that has to raise doubts.
For me, it is hard to recognize a scam. We can stay away from it if we already had a feeling if it was a scam,right? But why many were a victim of a scam?
I think the best thing to do is not to fully trust someone or something that you doubted. Just trust your instinct.
I think the point is that we really have to make sure the project with more detailed, or someone trying to advertise that project/campaign. Anyhow the clarity of a project is the key to judging that it's a scams or not.
Yeah, there is the phrase: don't trust - verify
I think the point is that we really have to make sure the project with more detailed, or someone trying to advertise that project/campaign. Anyhow the clarity of a project is the key to judging that it's a scams or not.
you should register the event that it's a physical resource or associate degree assurance that after you contribute thereon you may acquire. a good ICO doesn't depend on the unpredictability to be fruitful there should be a wage manufacturing programs behind to support the program. Also, lastly, believe your instinct and counsel the specialists.
yeah. it is true. also, you can attend events and meet a project team in real life. I believe it is also a good experience
you should register the event that it's a physical resource or associate degree assurance that after you contribute thereon you may acquire. a good ICO doesn't depend on the unpredictability to be fruitful there should be a wage manufacturing programs behind to support the program. Also, lastly, believe your instinct and counsel the specialists.
Later, you can have important projects which there are not scam but scammers send you messages which are very credible throught email or telegram. You have to be carful with this things.
I hope I can help you.
I hope I can help you.
I know that. Some scammers steal money and projects loose
Later, you can have important projects which there are not scam but scammers send you messages which are very credible throught email or telegram. You have to be carful with this things.
I hope I can help you.
I hope I can help you.
I think there are many ways you can realize that project is scam. You can investigate the members that make up the project, the goals that the project wants to achieve. In addition, the advertising strategies, the coin propagation of the project is also very important. If the manager does not regularly update the spreadsheet or daily updates, it is also a scam sign. Finally, the most recognizable sign is that those who participate in the ICO do not receive any bonuses they deserve.
Maybe you are right... I cant see different people had their own opinions about a scam recognition
I think there are many ways you can realize that project is scam. You can investigate the members that make up the project, the goals that the project wants to achieve. In addition, the advertising strategies, the coin propagation of the project is also very important. If the manager does not regularly update the spreadsheet or daily updates, it is also a scam sign. Finally, the most recognizable sign is that those who participate in the ICO do not receive any bonuses they deserve.
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