Topic: ICOs are a legit or Scam? - page 26. (Read 32174 times)

There are signs of a scam ICO: the project and the team don't have credentials, there is no high quality product, no real work done, their promises are too good to be kept. And nobody in a legit ICO will ask for money upfront.

You're right. There are many ICOs who are launched with the sole purpose to scam people. Recently, there have been mostly scam ICOs. You should check out the team and see if they seem like scammers or they care about reputation of their project.

Not all ICOs are scam. Few of the ICOs are legit and while many of them are scam. The ratio of scam ICOs to legit one is about 60:40.

Statistics says that about 80% of whole bunch of ICOs is not profitable at all. That’s pity thing really. But at the same time we must to understand that ICO is a risky venture business and such profitability is a common thing.

There are a considerable measure of genuine ICO out there and simply be cautious when you attempt to put resources into them. Strive for a little sum and take in by encountering the procedure from perusing and afterward holding up until the point that the undertaking gives you return.

Hmm, to be perfectly honest with this questions.. ICOS are legit but not all of them because most of then are definitely a scams. ICOS just need to improve and to have secure. Don't be so negative about ICOS give chance to it to prove itself and those people who are joining im ICOS.

A lot of ICOs are fraud, but I hear for the first time that they were illegal!

The majority of the ICO's are tricks however its difficult to decided them one by one , few of them are legits . In the event that you need to put resources into a decent ICO , you should make an examination for it. Read their whitepaper , guides assuming any. Furthermore, the objective of that ICO later on when its at long last began.

Yes, most ICO do not bring profit to investors. After tokens appear on the exchange, they cost much less than during the time of the ICO. Sometimes coins can not even be exchanged for bitcoin or etherium.

We can see from the mission and vision and the people who join the team ico, and we can also see from the official websites of the ico from there we can analyze whether it is valid or there is an element of fraud.

In different countries, ICOs are treated differently. Not  everywhere have passed laws on this matter yet.

We can able to know if the ico are legit if it has a lot of member in telegram and if the whitepaper is really good for sure it will definitely success in the future and for me we should also consider if the ico have a strong team.

There are alot of ICOs out there that is fake or a scam. whether they are really just scamming or just a troll. but mostly every fake ICOs out there is a scam especially they get people who are new to this so if you are new in crypto about ICOs ask a experienced guy before even making a step further.

An ICO is a worldwide crowdfunding project in which the company plans to sell their underlying crypto tokens. The price of these tokens can start as low as a tenth of a penny per coin but can increase or decrease dramatically based on buys and sells within the network.

These token holders (fans, consumers or investors) can then exchange these tokens later on for almost any national currency or cryptocurrency. These start-ups will also offer the use of these bought tokens as a sort of “Gift Card” to that company in which holders can then have the option to purchase their products or services with.

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ICO is currently in a state of blank supervision.
ICO is actually a kind of equity crowdfunding. ICO is for the purpose of obtaining benefits. This crowdfunding method is the easiest to break the law.

usually ICO project not reached softcap thats why we should choose good ICO rated by expert like ICO bench

overall the majority is a fraud, you can get into a good project that gives you a big reward if you do a lot of research. I see on many websites like 80 percent ICO is a fraud, I personally do not think that the percentage is high,

It can not  become that  burdensome to spot a deceitful ICO, merely check the advisors with their public CVs prudently then establish if these look valid then check the company registration and other details.

Most of ICO are scam, you can see it a lot of project but it die before a year. But if you search legit ICO there are few you must search carefully because sometimes it look scam but become legit and sometime look legit and the ending it turn scam

There are definitely good projects out there but they seem to be moving further and further away from the traditional ICO Crowdsale type of fundraising and more towards accredited investors and institutional money.

I think we wil continue to see a lot of scams and cash grabs due to people trying to make their fortune before this space becomes heavily regulated.

Investing in crypto is high risk and ICO's are the highest risk of all but getting into one of those 1.6% projects is the dream.