Topic: ICO is still legit? - page 17. (Read 4308 times)

Yes there's a lot ICO today, and most of them are only scam. 
And as an investor you must do your job to avoid scam ICO. 
Research more about the project , research about their team, do they have working prototype, are the team working hard for their project. You must do all the research if you are interested of that project.

Its very hard these days to find potential ICO's with proper idea, planning and a real team. Most of them are just created to get money and run away. I guess a detailed investigation before investment is really needed.

I can tell you that there is no legal ICO. Why are there so many false ICOs now because there is no effective legal department to supervise this industry! Even if it is a good ICO, it may fail, so the method is not important. It is important to avoid touching it!

At this time it will be complicated for you, fellow, to find good ICO. Even people with vast experience can mistake and choose a scam campaign. You have to look carefully at its team, product, hyip above the project, community size, etc. One of the projects which approach to those criterions is EOT (Entertainment Open Network Protocol) - a protocol for decentralised games.

Now it's really hard to find legit ICOs, I think you can do a depth study of project, team, project background, and so on. And don't trust 100% against the ICO Rating site because now many of project are paying for the rating.

Well, many ICO is still legit and not scam. It is all up to you on how you screen legit and scam ICO. Sometimes you also need to risk since there is so much deception on scam ICO.

Spotcoin will be announcing the date for their ICO soon. They had their Pre-ICO last month and the sale was closed early due to Spot limit being reached.
Spotcoin believes in supporting the entire NEO ecosystem and has been very active in the community. Most recently they were instrumental in establishing the official NEO Black Sea community.
Read more about this great achievement https://medium.com/spotcoin/neo-black-sea-community-launched-ff0d479d3bad
https://neonewstoday.com/general/spotcoin-helps-launch-neo-black-sea-community/
https://medium.com/spotcoin/spotcoins-place-in-the-neo-universe-9c6688696c23
Spotcoin is an #NEP5 project within the #NEO ecosystem. Through their #ICO they will enhance their OTC, founded in November 2016, they will also add a digital fiat/crypto exchange, a mining facility, Spotpay and the Black Sea Blockchain Institute offering accredited courses to those interested in Blockchain Tech. Holders of #SPOT will earn dividends of 51% weekly (from echange fees), and 12% quarterly (from their other business lines).
Digital Asset Exchange
Spotcoin is working on an automated digital asset exchange that will be available globally, offering global and regional fiat trading pairs with four core digital currencies: Gas, BTC, ETH and SIB. Spotcoin will list, free of charge, all NEP-5 tokens that adhere to the City of Zion’s “Guideline for Responsible token Sales.” Launch is planned for Q3 2019
Spotpay
Spotpay is an innovative payment system that will provide a secure payment widget, an API and an APP based digital wallet, Spotpay will also be available for those with physical store fronts. This will provide consumers with fast, low cost and secure point of sale transactions. Spotpay will integrate with Spotcore to provide instantaneous payouts to merchants in their desired currency at current market price. Spotpay launch is scheduled for Q2 2020
The following article provides more info https://medium.com/spotcoin/the-face-and-the-heart-of-spotcoin-our-digital-exchange-and-spotcore-3d686ac1b23f
Mining Operations
Having a formal partnership with Georgian Mining Company, Spotcoin just broke ground on an environmentally friendly $3.25M, 1.1MW mining facility, utilizing hydroelectric power it is scalable to 25MW. The new facility will house 2,250 GPU miners and will additionally be able to host 9000 additional units on behalf of clients. Spotcoin chose Georgia for their mining facility, due to the low-cost, environmentally friendly hydropower they offer, as well as, a Value-added Tax (VAT) exemption. Georgia generates more than 75% of its electricity from hydropower, making it the second most popular country for mining. The facility is expected to be fully operational by Q4 2018. Spotcoin discusses their mining operations further in this medium article https://medium.com/spotcoin/spotcoin-close-up-our-mining-operations-3e32a388709d
Black Sea Blockchain Institute
Spotcoin has recognized the lack of educational options when it comes to blockchain technology, in their words, “There is a demand crisis for experts in blockchain technology”. With the growing popularity of blockchain technology in the Black Sea region, it is the prime area to provide training to those interested in making a career in this field. That is why Spotcoin is establishing the Black Sea Blockchain Institiue (BSBI), which will be a registered vocational/technical college, officially recognized by the Georgian Ministry of Education and Science as well as the Council of Higher Education Accredidation. BSBI will offer accredited courses and certificate programs for Students, Developers, Executive Management and Government officials. Formal courses and training programs are set to begin in the fall of 2018.
The Spotcoin Bounty has revved up getting ready for the ICO announcement. This is a great opportunity for you to earn some free SPOT by working with other members. The bounty is Managed by Goblin, and they do a fantastic job. They recently started Bounty wars, which consist of 2 teams competing to complete the most task for Spotcoin. This has been alot of fun and a little competition is good for the soul!! Join the bounty telegram https://t.me/spotcoinbounty and register for the bounty on Goblin website http://www.g0blin.com/spotcoin/ you can also see their other open bounties.
Most importantly make sure you visit Spotcoin and read their white paper https://spotcoin.com/ & join their telegram and feel free to ask questions https://t.me/spotcointeam
If you think you may be interested in joining the ICO feel free to use my referral link to register https://www.spotcoin.com/ref/9faac01a-2d41-11e8-9fe8-0e2c9ce2c3c8
Social Channels
Twitter: https://twitter.com/therealspotcoin
Facebook: https://www.facebook.com/spotcoin/
Spotcoin is making cryptocurrency & blockchain accessible to everyone!!

Most of them are either legit, fishy/unprofessional or straight out scam, just saw some articles that complain ICO now has at least 40% fail rate that resulted from the current market and you should expect landscape with higher risk or losing more than you can earn these days

There are many good and legit ICOs out there. Check the EON ICO in my signature. It has an excellent team with great credentials and a big community following. Check this reddit page for more details:
https://www.reddit.com/r/eontoken/

I suggest you check the ICO rating, you will find that the idea is clearer and can help you avoid unnecessary scams.

ICOs are still legit. Nowaday many countries have some laws about blockchain. That means ICOs are legit. Some countries ask investor complete investor certificate.

There are definitely projects trying to raise funds through their ico. It's just to find the right projects with the right team verified to invest into.

With all this news of fake ico and scam ico everywhere I still believe and still see some legit and real ico out there. Yes a lot of ico have been not doing well or worst scam ico bit if you search well I'm sure you can find one. There are also good sites that rates ico according to its popularity and how well it is.

If in my opinion for now there are many ICOs growing nowadays, but some are legitimate while others are just a scam, but one way to avoid it all we have to learn about the project, its developers, and other aspects associated with it, Based on it, make your call if it looks legit and continue and put your money into it.

There are many ways to find a legit ICO, you can follow some good crypto analyst like Ian Balina, or you can visit good sites like ICO drops, they list good ICO after they must have done their research on the project.

Go to www.icoguide.com or other platform like this, but the rates should not be paid, select some projects with good ideas and rates and follow them, look at their community, at the team, at the involvement of the team and this all will help to choose good coin.

We will be scam if we will allow it, the information we can find if we spend effort is enough to help us find a good ICO.
As the number of ICO are increasing, services that provide good review and information has increase as well, with a little research, I am sure we can have a success in investing.

Yes of course,  ICO made for its own purposes and not to be made for scam. Just find a legitimate team and manager and you can also considered the good platforms of ICO. To avoid that thing be wise and think critically.

Yes they are legit! I can say this once I’m done studying it. I research and I’m mostly digging projects that can survive the next crash. Many businesses are adapting blockchain and crypto, Liven is a good example of this, it’s a credible project that is working in food sector since 2014. Do take a look their white paper for more info.

Currently, there is no guarantee that the ICO is fully legal, depending on the country where the ICO is banned and that you are the country where the ICO is purchased. Note that many ICO are now scam so you need to find out more about the project you invested before making a decision.