Topic: ICOs are a legit or Scam? - page 51. (Read 32174 times)
Over 90% are dead projects or scams. Every ICO is also illegal in the US also.
Most of them scam, so I try to invest in only that ICO which have a good team of members which have a long time experience in these field plus they are already members of successful ICO. This tends to increase trust in their system and also note their market potential and idea as it also help the ICO at the end.
I do not trust all these serial entrepreneurs. Who have 3-5 companies for the last few years.
Most of them scam, so I try to invest in only that ICO which have a good team of members which have a long time experience in these field plus they are already members of successful ICO. This tends to increase trust in their system and also note their market potential and idea as it also help the ICO at the end.
Will for me ico is legit. Because i always get profit on it. Sometimes its 4 times my profit but mostly double profit maybe the ico market strategy didnt work.
Some are legit and some scams, and there is new problem is this case, that very often good projects suffer, as investors allocate there funds to the scams. This is not very good to crypto industry.
You can find the link in my signature. This is a project that stands confidently on its own feet. It has a good clever team and an understandable position. They understand what they will do next and how they will do it.
After few fali ICOs,i rather wait for them to get listed and then buy when they dump,
Ico is illegal in China and the us. Whether it is legal or not depends on the country's policies. If you want to know if ico is a scam, I think you should read all the information. Knowing more information can reduce your risk.
Theres no way you are going to be able to determine whether an ICO is a scam or not cause the scammers are getting smarter and they know how to hide their scam. They make a pretty white paper, upload nice dev profiles, pay shills to hype their project and do anything that will make them look legit and than after collection the ICO money they just exit scam.
It’s really hard to distinguish a legal project from scam now. I think that the project team must have at least MVP before going to ico.
Some are scams and some are legitimate. You just have to do a background check on the developers of the said ICOs. Check carefully before indulging in any ICOs to ensure you will benefit from it.
There are some legit one that have good team and idea but there are some that are seemed to be scam, so you have to do research such reading the whitepaper of the project you want to get involved with. Actually all investments are risky and you should research the team background to avoid scammers.
I think it's best to invest in an ICO project with a gaming or real estate platform. Choose also his famous campaign manager. then to see if the project is scam or legit. Can be seen from the total sales that have been achieved. If softcap has been reached, the project may be running. But still must be checked in the wallet project, whether the numbers in accordance with the ones listed on the website or not. because it is important to do a transaction check on the project wallet.
ico is not as fraudulent as you have said, unless some individuals have used it to steal property for illicit purposes, and those will be punished so you should be ahead of time. when choosing the ico.
Some scam ICO's makes us to thing about the ICO, but some of them are fake and most of them legit ICO because each one has different innovative thoughts which they can deliver the product to their supporting community.
Base on my observation ico is good but not all is good. The best way to determined wether its good for investment us to determine the credibility of the development team behind the project.
Initial Coin Offering is so profitable but most of them are scam. I think 50% of them are legit. Thats why i always look to the road map and whitepaper for sure its legit. But kost of all i look if that ico got huge crowd investor
ICO can be legit or scam. It depends on the intention of the the project manager. People take advantage and use it against innocent people. You can check the background profile of the organizers and their partners to know the legitimacy of any project.
If this is done, then it will not be an objective analysis of the project, if you evaluate the project only by its managers. The Savedroid project showed that any project can be deceived, even one that has a good advertising campaign and many supporters. Managers, advisors and all those who work on the project promotion are just hired people and they also cheat and do not pay if the project turns out to be fraud. The white paper can also be faked, because I saw many ads of people who offer to write all the necessary technical documentation for the ICO for a small fee. In order to choose a normal project and minimize the hit on scammers, you need to evaluate many criteria at once: website, links to social networks, links to team profiles, Github, study documentation carefully and look for inaccuracies and errors, read reviews of specialists about the project and etc.
what we can do is to do further research and always check their background,there is No one can tell exactly whether ICO is legal or Scam, some of which are legal, some are Scam.
ICO can be legit or scam. It depends on the intention of the the project manager. People take advantage and use it against innocent people. You can check the background profile of the organizers and their partners to know the legitimacy of any project.
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