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Topic: ICO is still legit? - page 42. (Read 4308 times)

sr. member
Activity: 806
Merit: 250
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March 26, 2018, 06:49:57 AM
#30
Frankly speaking you cant. Just in the past month two ICOs got hacked and lost the KYC documents submitted by their users. Now think about your personal documents getting hacked and getting into the hands of criminals. Also most of the ICOs launched last year have failed and this years ICO condition is far worse than last year.

Failed ICOs this year are mainly because the market is not really performing well. Last year was a good year for crypto especially during the first half as altcoin market went really bullish and it includes altcoin ICOs.
newbie
Activity: 182
Merit: 0
March 26, 2018, 06:43:49 AM
#29
- i usually trust ICO that was posted from Legendary member
- Nicely website, have clearly road map + white paper
- Social network with many people follow
- ICO updated regularly
...
sr. member
Activity: 404
Merit: 250
March 26, 2018, 06:43:38 AM
#28
There's no way to find a legit ICO, it depends mostly on your luck. The best you can do is to look at the ICO's team and their experience, try to find them on LinkedIn or Rocketreach. Also read their whitepaper and decide if their idea is good. Moreover check ICO rating on icobench and icostats

That is true, but there are still some ways to avoid obvious scams, for example, too big hardcap or fake team member information are easy to be scams. Also, you can check if it is hot in telegram by keep an eye on the telegram channel.
newbie
Activity: 196
Merit: 0
March 26, 2018, 06:40:47 AM
#27
we still have legitimate ico..study them don't just rush into it

What I know may be difficult to determine which ICO is legitimate and which should not be before investing in ICO we must join the existing ICO program, and we have to read whitepepper to see the project, the team and its development and maybe you should be careful with the ICO anonymous so we are not trapped by the ICO Scam
newbie
Activity: 154
Merit: 0
March 26, 2018, 06:39:29 AM
#26
u can see it if its legits when you read thier whitepapers and to thier projects
sr. member
Activity: 518
Merit: 250
March 26, 2018, 06:36:36 AM
#25
There's no way to find a legit ICO, it depends mostly on your luck. The best you can do is to look at the ICO's team and their experience, try to find them on LinkedIn or Rocketreach. Also read their whitepaper and decide if their idea is good. Moreover check ICO rating on icobench and icostats
copper member
Activity: 462
Merit: 100
March 26, 2018, 05:36:11 AM
#24
Here is lot of iCO. How i find legit ICO.

To be frank investing in the ICO is like hog in cog! They could be best investment over the time or they could be just dust from thin air. You have to know the reality that ICO projects are always started with some visions up front and some planning for the products and services. However, it is very rare (now a days) that you will see each and every ICO making it upto the finish line. Sometime it is scam teams but sometimes it is we or people who do not support many of the project in long run due to X reasons. Things like that interfere with the ICO a lot and make it worse over the time.

However, legit ICO finding being pain in the ass you can always look after the forum announcement thread and what people there in have to say about it. If you see the positive overviews then you are good to go and if you dont then just forget about it.
In this case determine the legit of Ico by looking at what the purpose of this project is and how the team is behind the project and most importantly how much support it has from traders, investors or the public and do their background checks so you can invest safely
sr. member
Activity: 700
Merit: 275
March 26, 2018, 05:25:04 AM
#23
Here is lot of iCO. How i find legit ICO.

To be frank investing in the ICO is like hog in cog! They could be best investment over the time or they could be just dust from thin air. You have to know the reality that ICO projects are always started with some visions up front and some planning for the products and services. However, it is very rare (now a days) that you will see each and every ICO making it upto the finish line. Sometime it is scam teams but sometimes it is we or people who do not support many of the project in long run due to X reasons. Things like that interfere with the ICO a lot and make it worse over the time.

However, legit ICO finding being pain in the ass you can always look after the forum announcement thread and what people there in have to say about it. If you see the positive overviews then you are good to go and if you dont then just forget about it.
full member
Activity: 912
Merit: 100
March 26, 2018, 05:15:39 AM
#22
The insanity associated with the ICO market has been unprecedented lately. Scammers also took advantage of this insanity by creating a fake ICO. Fake ICOs are not at all easy to detect, as some consider them legitimate. When choosing ICO it is worthwhile to focus on evidence of approval and participation of authoritative figures, as well as the existence of a legitimate team. The description is also one of the approaches to determine if the company has a clear plan and idea. Of course, some ICOs are not fraudulent and are legal, but many still remain a trap and should be avoided.
newbie
Activity: 30
Merit: 0
March 26, 2018, 05:13:36 AM
#21
Here is lot of iCO. How i find legit ICO.

No right way to find out legit ICO. Most important factor to avoid scam - it is to investigate team of the project and try to contact with team members via independent contacts. Don't use contacts on ICO site, because it could be part of scam scheme. If you are have confirmation that team members are real and you trust to this people - it is good ICO for investments!
yea you are right . I also aggred with you.it is the best way to know about the ico by contacting them via independent. And we should more learn about the project in order to find a legit ico.
member
Activity: 616
Merit: 10
FRX: Ferocious Alpha
March 26, 2018, 04:59:07 AM
#20
Read the whitepaper, check the roadmap and team behind the project ..check if the project is doable in the time frame stated in the roadmap..

I love the amon token, though it is in the ico stage right now.. https://amon.tech

full member
Activity: 381
Merit: 101
March 26, 2018, 04:57:54 AM
#19
Frankly speaking you cant. Just in the past month two ICOs got hacked and lost the KYC documents submitted by their users. Now think about your personal documents getting hacked and getting into the hands of criminals. Also most of the ICOs launched last year have failed and this years ICO condition is far worse than last year.
full member
Activity: 322
Merit: 101
March 26, 2018, 04:45:17 AM
#18
Just find a good ICO that have a good team of advisors and a good concept that will surely be successful. Not all ICO's are scam. You can try NTOK, NYNJA and Abyss for instance.
jr. member
Activity: 98
Merit: 3
Create Your Decentralized Life
March 26, 2018, 04:38:37 AM
#17
Of course it is still legt. There is no tegulation yet, projects need starting funds and currently initial coin offeringns are the way to do that.
sr. member
Activity: 742
Merit: 250
March 26, 2018, 04:35:26 AM
#16
This is a problem that has caused some difficulties for investors. ICO projects appear more and more, but not all are legit and have good development. There are many projects that have been found to have cheated investors. We should thoroughly investigate the ICO projects before investing, look at their goals, their road map and development plans, check the team and its supporters community. However, I think the above steps only help in part, it is difficult to know whether the project is legit or not.
hero member
Activity: 966
Merit: 552
March 26, 2018, 04:31:17 AM
#15
Here is lot of iCO. How i find legit ICO.
Well... There are some aspects of fundamental on the ICO must be found to get legit ICO, we must know does is ICO can be used for real business in the future? Does is it has community which be ready to addoption the coins in the future? And the experience of Dev team in the ICO, we must choose the ICO that has large of experience in the project and don't forget to read the whitepaper of ICO. It will gives more information about the ICO.
full member
Activity: 210
Merit: 100
March 26, 2018, 04:29:10 AM
#14
i think you can determine the legit Ico by looking to the purpose of the project and the team behind that project and if they reveal their identity or not and of course by looking also into the community and how many support does it have from the community and i advise you to look for the bountyhive platform these people don't just register any ico on there platform they do a background check first they you can invest and your are safe
newbie
Activity: 126
Merit: 0
March 26, 2018, 04:25:09 AM
#13
There is no single rule that can be used to determine whether it is legal. There are many countries that monitor ICOs as long as they can avoid this part of the risk.
newbie
Activity: 238
Merit: 0
March 26, 2018, 04:23:13 AM
#12
we still have legitimate ico..study them don't just rush into it
full member
Activity: 308
Merit: 100
March 26, 2018, 03:39:20 AM
#11
I suggest you take a look at the dehedge that is following the said European and American regulations on the issue of investing
https://dehedge.com
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