ICOs are a legit or Scam? - page 27.

dmerrifield9844

newbie

Activity: 79

Merit: 0

Quote from: bilman on September 25, 2017, 09:14:01 PM

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Easiest way to know which is scam or which is not is to first of all read and understand what they are offering, find out if their business models have real solutions to real world problem and how economically SUSTAINABLE are the business models..

Nwankwobtt

member

Activity: 487

Merit: 10

Ico remains the only logical way to acquire tokens of cryptocurrencies. However, to ensure you don't fall a victim of scam icos, make Research on each project and find out the Unique use cases of the project after verifying the teams.

edinorogka

newbie

Activity: 77

Merit: 0

There are many scams on the market today, and this cannot be denied . It is very difficult to raise whether the ICO is legal or a fraud .

catnap

newbie

Activity: 33

Merit: 0

I personally invested in an ICO called MediBit for the following reason.

1. The concept/product that is needed, innovative and feasible in real life
2. A solid team with professional backgrounds
3. How well the whitepaper is written
4. If they have something standing out among other ICO

Also, they just announced major news that they are now working together with Korean exchanges to launch the ICO.
And it is confirmed that they will be listed and available for trade as soon as ICO ends.

Here are some links if you are interested.
Bitcoin Talk: https://bitcointalksearch.org/topic/--3219242
Telegram group: https://t.me/MediBit_EN

krenus

member

Activity: 210

Merit: 10

W12 – Blockchain protocol

Quote from: bilman on September 25, 2017, 09:14:01 PM

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

hello, i think scam you can feel instinctively most of the time, but usually they are obvius - too loud attraction of the client and promising heaven in a second

vertolesrix

member

Activity: 91

Merit: 10

Some of them are scams, pretty more than a half of the existing ones are scams; however, there are ones that are worth to be known and raise the necessary funds for their development. This is kind of unfair for those projects which are very good ones and, unfortunately, we can't do anything about it, just choose wisely the right project to invest

Cult

full member

Activity: 479

Merit: 100

Enter the future of gaming

There shouldn't be any generalizations. ICO is just an instrument and some teams are using it for scamming and others for getting investments for real projects.There is a number of quality ICOs with at least alpha version of their product ready. Take, for instance, Asura Coin who have their Asura World eSports platmorm ready in an alpha or Remme with their security system.

ngocphuonghong1602

newbie

Activity: 36

Merit: 0

Many ICOs are scam. I say it just needs a keen eye and a good observer to actually be able to prevent yourself from getting victimized by these fake ICOs I'm talking about. On the bright side however, there are a lot of regulations being taken by certain sites to ban these fake ICOs completely or at the very least their advertisements in order to strip tgem away of the chance of victimizing others.

Kulang

full member

Activity: 239

Merit: 100

Base on my own opinion, one of the factors that you need to consider in joining ICO is the team's years of experience, if the team has more years of experience then they really know about the crypto work and know the pros and cons of ICO. Another is by having a positive and high rating from ICO review and rating websites.

larry1994

jr. member

Activity: 182

Merit: 1

for me.
You will not fall victim to a scam if you read first on white paper and take care if the project is true. you should also talk about their telegram so you can get all the details of the ICO so you can get the tokens ready.
so you always carefull.

ShulenRu

newbie

Activity: 68

Merit: 0

Tragically a large portion of them is by all accounts trick. Individuals are making counterfeit tasks to assemble individuals' cash and after that escape with it. By and by first thing I check is the group who made the ICO. I look them on the web and check their past business encounters. On the off chance that they are surely understand individuals or they partook in fruitful battles previously this is a major in addition to. Since that sort of individuals perplexed of losing their notoriety.

CaptainCaptcha

newbie

Activity: 89

Merit: 0

Well, I saw in alot of websites that like 80 percent of the ICOs are scams, I personally don't think that the percentage is that high, but yeah, overall the majority of the are scams, you could get into a good project that gives you great rewards if you do alot of research though.

simapple

newbie

Activity: 238

Merit: 0

Now, some of the organizers of the ICO in White paper indicate that they have agreed to issue tokens with the SEC. But there are those who do not write this, but are not SCAMS, for example Asura Coin .

Vdh135

newbie

Activity: 89

Merit: 0

there are many ICO's that are legit buth there are also some who are scam. So I think that you need to conduct research first before trusting in an ICO. You need to consider the team the goal the function and the strategy of the ICO that you want to join in order not to be scammed. Wink

yahata146

newbie

Activity: 21

Merit: 0

It depends there are legit ICO's that is very much helpful and opens wide number of opportunities. But there are so many scam ICO's that disappear after they able to gain profit from campaign.

ufaiz50

hero member

Activity: 1666

Merit: 502

We know that ICO is legit or scam when they have completed their token sale, indeed to identify there are some suggestions from the analysts, from the look of the website, the content of the roadmap, dev team and the truth of the project, first if you really want to invest in ICOs it would be better for you to follow the most investors, try to see each ICOs and see how much their token sale.

Derizia99

jr. member

Activity: 154

Merit: 1

Axioma Holding - Axioma Pay Crypto Card

Quote from: bilman on September 25, 2017, 09:14:01 PM

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

if you want to invest in ico, you should buy a good ico, good ico among others are:
1. ftec
2. konios
3. ubcoin

anonymous2020

member

Activity: 120

Merit: 10

Quote from: bilman on September 25, 2017, 09:14:01 PM

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

In crypto currency market ICOs were legit but of course there were also few fakes ICOs because there were evil people trying to put the market down. Really hard to trust now, the best thing you should do in investing in ICOs is that dont go for an ICOs whos developer is anonymous.. search all about the ICOs you want to join and search every person behind that ICOs..

RiannaPal28

newbie

Activity: 106

Merit: 0

Actually, not all ICOs are scam. You just have to dig deeper on your research to find out which ones are legit. Of course, reading the whitepaper is very important as well as checking the team behind the project. Here's a good example of a good ICO that I think is very promising. Check out VLUX https://vlux.io/

PJRLJRAC

newbie

Activity: 144

Merit: 0

In the event that you intend to participate in any ICO program or undertaking you ought to have the capacity to show yourself on how the market truly functions keeping in mind the end goal to abstain from being trick at last. There are heaps of ICO in the realm of crypto, you ought to be more careful in joining on the grounds that not every one of them are genuine. You need to peruse their whitepaper which it ought to have reasonable and very much oversaw by a decent group. On the off chance that you see that they have pipe dream offers, most likely its a trick.

Topic: ICOs are a legit or Scam? - page 27. (Read 32174 times)