The exit scams are very common these days where the initiators of the business vanishes from the business scene after faking out an investment opportunity in the market. The ICO world has already seen multi million dollars lost to its economy through this scam. This reminds all of us not to judge the book by its recover. Rather, the potential investors should look for the credibility of the business before thinking about investing anything. Performing due diligence is the key before making any big or small investment move in the online crypto world. CyBit™ in this regard feels pride in keeping the transparency regarding its operations and the investors can find a lot of material about its platform, which is readily available over the web.
When evaluating any ICO platform such as CyBit™, one should look for their solid online presence. The online platform should be developed using the latest technologies and must be responsive as well for mobile users. From here, the venture makes its first impression and serves as a stepping stone for long term business relationship.
So many scammers because people have stopped distinguishing good projects from scams. And very often the scum is seen immediately. My opinion is that this project is serious and is going to work
This new investors do not know how to distinguish a good project from a bad one, but experienced investors have already learned this.