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Topic: ICO SCAM (Read 2174 times)

sr. member
Activity: 441
Merit: 250
October 31, 2020, 03:58:38 PM
Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?



Of course  not all ICO are scam, there are still good and reputable ICO but you need to make a deep research because there are only few good ICO right now. Why not try IEO and choose the best exchange like Binance because they held IEO and to avoid scam ICO.

not all The IEOs will give you the profit after the investment. most of their price are dumped after being traded, even they traded in some big and good exchangers. there are still some legit ICOs there, just choose the projects wisely.
jr. member
Activity: 313
Merit: 1
October 31, 2020, 01:49:28 PM
Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?



Of course  not all ICO are scam, there are still good and reputable ICO but you need to make a deep research because there are only few good ICO right now. Why not try IEO and choose the best exchange like Binance because they held IEO and to avoid scam ICO.
hv_
legendary
Activity: 2520
Merit: 1055
Clean Code and Scale
October 31, 2020, 01:43:03 PM
Rename to ICO and DeFi scams...
sr. member
Activity: 1344
Merit: 250
October 31, 2020, 07:24:35 AM
Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


ICO really has a future very bad of 80% of ICO scammers and projects that die ordinary CEOs they just want to make money for free, the incidence of CEOs brings the investor funds and it has happened in ICO if you want to invest in ICO must be able to View a project that really has a good CEO and has an original identity so that you don't be fooled by ICO that is now a lot of DEFI product if you are interested in investing for investments. Look for the best.
full member
Activity: 840
Merit: 102
October 30, 2020, 10:00:58 PM
Sometimes research alone is not enough to avoid ico scams. Sometimes icos that don’t get a soft cap can be abandoned by their developers, which will eventually disappoint investors and bounty hunters. Although at first the project did not intend to scam. They just don’t have the funds.
full member
Activity: 686
Merit: 107
October 30, 2020, 09:23:15 PM
Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?



You can't really say if it's legit or not by just looking at the bounty thread. You must do your own research. I sometimes join bounties only from reputable bounty managers. That way I can ensure that the bounty is managed properly, and have a sort of assurance that we as bounty hunters will be paid properly.
hero member
Activity: 3010
Merit: 629
October 30, 2020, 07:20:48 PM
it's uncommon to perceive any ICO project now nowadays. As a result of part of scam ico project individuals lost their confidence on it. That is the reason now forthcoming projects and investor picking IEO (Initial Exchange Offering) platform. Which is likewise following ICO's way a result of parcel poo exchanges. All things considered I will encourage to pick rumored exchange or ieo platform like Binance, Kucoin or Okex
ICO's are not reliable to earn anymore because of scam and lose its credibility. So yes IEO is way better as long as you chose a reputable exchange. But there's no guarantee to earn because every investment has risk thus we must be prepared for it and conduct a research to have an understanding about crypto investment.
member
Activity: 854
Merit: 21
October 30, 2020, 07:07:54 PM
it's uncommon to perceive any ICO project now nowadays. As a result of part of scam ico project individuals lost their confidence on it. That is the reason now forthcoming projects and investor picking IEO (Initial Exchange Offering) platform. Which is likewise following ICO's way a result of parcel poo exchanges. All things considered I will encourage to pick rumored exchange or ieo platform like Binance, Kucoin or Okex
full member
Activity: 504
Merit: 100
Option Blitz
July 28, 2020, 01:12:26 AM
I would rather recommend IEO for an investment over ICOs, try looking for ICOs that have real addresses and you know one of the developers who has a good track record. I don't really recommend to fully trust the ICOs rating site, it would be better just to take information from them. ICOs that have transparent information has the possibility to be trusted, and vice versa.

there is no big diffrent between IEO and ICO , they are selling coin and have big potential to became scam or failed project if no one investing on their project, but yes IEO is more recommended than ICO that we are not really sure when they are gonna list their coin on Exchange or they are planned  exited scam before its listed on market, both IEO and ICO investment are really have big  risk of failed project and end up scam or abandoned.
ICO projects contain a greater risk of scam than IEO projects. In comparison between ICO and IEO, I would say IEO is way better than ICO. We just need to invest in those IEO projects that are listed on large exchanges only to reduce the risk. However, personally, ICO project is not even a choice for me anymore. I just skip any ICO projects that show up because I rather miss the opportunity than being scammed!
legendary
Activity: 2212
Merit: 1008
July 27, 2020, 08:51:42 PM
I would rather recommend IEO for an investment over ICOs, try looking for ICOs that have real addresses and you know one of the developers who has a good track record. I don't really recommend to fully trust the ICOs rating site, it would be better just to take information from them. ICOs that have transparent information has the possibility to be trusted, and vice versa.

there is no big diffrent between IEO and ICO , they are selling coin and have big potential to became scam or failed project if no one investing on their project, but yes IEO is more recommended than ICO that we are not really sure when they are gonna list their coin on Exchange or they are planned  exited scam before its listed on market, both IEO and ICO investment are really have big  risk of failed project and end up scam or abandoned.
sr. member
Activity: 1274
Merit: 252
July 27, 2020, 08:14:41 PM
Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


I would rather recommend IEO for an investment over ICOs, try looking for ICOs that have real addresses and you know one of the developers who has a good track record. I don't really recommend to fully trust the ICOs rating site, it would be better just to take information from them. ICOs that have transparent information has the possibility to be trusted, and vice versa.
full member
Activity: 1048
Merit: 101
July 27, 2020, 02:59:40 PM
There is no right way to get rid of a SCAM project on this forum, but you can still avoid it by doing detailed research about the project you want to participate in. be it the project work map, the products they offer, partners or the project team & developer background. keep in mind that almost most ICO projects look real, and you need to consider a hundred times before joining or investing in them.
jr. member
Activity: 328
Merit: 2
July 27, 2020, 02:58:35 PM
It's not but if you wanna get the best ico and you can visit this site icodrop.com mostly icos that listed on there were coming from the major exchange site which was having more than 80% rate to be successful icos.
It's not true if the market is still getting flooded by scam icos as long as you do a deep research and you will be safe.
This is  a  good information that I also need to avoid scam project to invest. Thank you for sharing this to us. It's very helpful to find a good project and gain profit for investing.
jr. member
Activity: 706
Merit: 4
July 27, 2020, 02:54:17 PM
ICO, IEO, IDO or any of their variants, it's always good to do some findings on a project very well before participating in the tokensale. Never buy an ICO because of someone shilling it, I've been burned severally on this during the ICO frenzy of 2017 and the aftermath. As k questions from the team, check their history, verify their acclaimed partnerships, and after all said and done, never invest more than you can afford to lose. Because many projects do have great Whitepaper but poor product delivery.
sr. member
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
July 25, 2020, 03:13:27 AM
Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?



I think for now it's very rare to find a project that is really serious about running a business. I do not say scams. However, the seriousness of the developer is rarely found. They always give uncertain answers. There is even a project that illustrates the greatness is too excessive, but the conditions are not the case.
full member
Activity: 1204
Merit: 104
July 16, 2020, 10:32:37 AM
I think that ICO is a relic of the past, since today investors are in demand for a safer investment principle and it is IEO that gives cryptocurrency users such opportunities. Cryptocurrency exchanges act as intermediaries between new projects and investors, so in this regard, investments in one way or another have certain protection. But if ICO companies were directly used by fraudsters to steal money from investors, then it seems to me that in the future we should expect a surge in the activity of new fraudulent projects that will develop trading platforms through which IEOs will be conducted in order to continue to deceive investors. Of course, today it is the top-rated cryptocurrency exchanges that conduct IEOs that are trusted, but only in the cryptocurrency market there are many people who, by their very nature, will participate even in dubious projects.
sr. member
Activity: 882
Merit: 253
July 16, 2020, 10:08:57 AM
The time is ICO is over I think. Investors are not interested in ICO anymore because they already faced very bad consequences form the past few years about ICO. Why don't you try IEO? It will ensure the listing of the token. Find a project that will run their IEO in any reputable exchange and invest in that project if you find it useful. Scam project doesn't list in top exchnage.
ICO gives the investors an easy decision not to choose them. As you can see, there no longer interested in investing to them. We can't blame them not to trust the ICO anymore. IEO is a good way to start a new start ahead of creating a new experience in promoting and investing in newly cryptocurrency. There still some projects deserve to recognize and need to support. Not everyone is the same as always. The process of choosing the right exchange partnership really gives an advantage to a certain project. The uniqueness and product itself could determine the capability of the project if it will success or not.
full member
Activity: 515
Merit: 101
July 16, 2020, 09:43:17 AM
The time is ICO is over I think. Investors are not interested in ICO anymore because they already faced very bad consequences form the past few years about ICO. Why don't you try IEO? It will ensure the listing of the token. Find a project that will run their IEO in any reputable exchange and invest in that project if you find it useful. Scam project doesn't list in top exchnage.
Right! ICO is not even a choice for me right now. I refuse to join any ICO projects because I have been fooled too many times in the past. I involved in a lot of ICO scam projects that make me lost all of the faith in them. Right now, I would choose to invest in IEO projects if there's a good one. As you said, scam projects don't have the ability to list on top Exchanges, however, projects listed on top Exchanges aren't necessarily a good one!
hv_
legendary
Activity: 2520
Merit: 1055
Clean Code and Scale
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
July 13, 2020, 06:51:34 AM
Currently there are some good projects, but they don't implement ICOs. Most good projects will choose IEO to raise funds for their projects, this will ensure the safety of investors and also help the project's reputation to go up.
Some go to the ICOs and the rest were also going to the IEOs too. The projects will be choosing what will be the best way for themselves to raise the funds from the investors. If that was having a good fundamental and that will choose ico but when it needs exchange support and it will go for IEO.
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