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Topic: ICOs are a legit or Scam? - page 52. (Read 32174 times)

full member
Activity: 293
Merit: 100
May 04, 2018, 07:54:37 AM
Before to invest in ICO, always need to make research. Because today there is a lot of scams ICO's and also legit ICO's.
newbie
Activity: 238
Merit: 0
May 03, 2018, 07:09:09 AM
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.

I consider ICO to be legal. there is no dispute. but as there are caterpillars in the beginning. . You can only invest in ICO if you are confident in the company. and from which source it is taken. if reliable then you need to participate.
newbie
Activity: 14
Merit: 0
May 03, 2018, 06:48:15 AM
Most ICOs are indeed scam projects, the problem is that ICO failed to mantain their promises of being a way for independent, innovative project to fund themselves. Instead they have become a way to make quick money taking advantage of the hype, without even having a significant product to back up the token sale. We've been working on a way to make the token sale market fair and transparent for a year now, and we embraced the DAICO model when Vitalik proposed it. We believe DAICO are the future and we created a protocol with automatic smart contract generation that allows to launch DAICOs with guarantees for the participants. With our milestone control system when the token sale ends project don't get all the ether at once, but it stays locked in a smart contract that releases it progressively at the accomplishment of a milestone, and if the participants believe the milestone was not completed they can vote to block the funds.
https://coincrowd.me
Read whitepaper if you want to know the specifics https://coincrowd.me/coincrowd.pdf
And here's our Telegram group if you are interested in the project https://t.me/coincrowd
newbie
Activity: 16
Merit: 0
May 03, 2018, 05:23:49 AM
ico is legal but it can also be fraudulent, you have to scrutinize your ico projects to avoid investing in fraudulent and fraudulent projects.
member
Activity: 238
Merit: 10
May 03, 2018, 05:16:04 AM
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.
jr. member
Activity: 420
Merit: 1
May 03, 2018, 05:10:54 AM
Some are scam and some are legit, you just need to take a look about their platform, whose people behind the project, the roadma and the white paper!
newbie
Activity: 252
Merit: 0
May 03, 2018, 05:07:46 AM
You can’t tell that all ICOs are good or bad. There are good and bad. You need to be careful and research better before investing your money.
member
Activity: 186
Merit: 10
May 03, 2018, 05:01:30 AM
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.
When choosing a project, check the team members, check their LinkedIn links. If there are not enough people in the team or they do not have links to social networks, it is more likely that the project is a scam.
jr. member
Activity: 142
Merit: 1
May 02, 2018, 05:19:03 PM
Discovering legit ICOs is by researching thoroughly about them, look at their team members, check if their project have a prototype, go through their advisors and their road map,  all these would give you insight if the ico is legit... Good luck
jr. member
Activity: 196
Merit: 1
May 02, 2018, 04:30:22 PM
Unfortunately the good ICOs suffer because of the many scammers out there. But there are good projects yeah
newbie
Activity: 30
Merit: 0
May 02, 2018, 04:27:57 PM
ICO project will be very beneficial if it happens as expected by all people and there is no technical error or lie in it because all ico projects issued would want to provide benefits to all parties associated with it.
newbie
Activity: 24
Merit: 0
May 02, 2018, 11:48:20 AM
I think there is a mixture of both good and some bad ICOs and some that are scams. it is the same in any ecosystem. The best thing is to just do some research and take your time before investing into an ICO.
member
Activity: 406
Merit: 11
May 01, 2018, 10:18:04 AM
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.

Everyday there was a lot of new ICO and at first cannot determine if it is scam or legit so before you decide to invest, just do make a review like the information or background of their teams if it has an experienced and knowledgeable when it comes to crypto, a website, roadmap, whitepaper, being supported by a community because these are mostly important to check whether if it is good or bad ICO's. Never depend on the hype, just think and follow your own decision and also if you really want to invest make sure you know the risk
newbie
Activity: 204
Merit: 0
May 01, 2018, 10:06:50 AM
You must ensure that the ICO's worth to follow. Checking the info about the team, Website, roadmap, and Whitepaper because this is very important. And then check whether there is a sale of investors or not.

newbie
Activity: 182
Merit: 0
May 01, 2018, 09:56:11 AM
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.

For legit ICO you should really first review both from whitepaper, roadmap, team, and everything. just a little advice. if everything you have reviewed the last one is you buy it but I think the right time to buy it is when an ICO is approaching Softcap. most likely for the project to work great.
full member
Activity: 434
Merit: 104
May 01, 2018, 09:51:15 AM
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.
Actually at first you didn't know if the ico is legit or scam, So you need to make your own research, read the white paper, check if its supported by the community, then if you really want to invest you must know the risk.
newbie
Activity: 197
Merit: 0
May 01, 2018, 09:10:16 AM
Some are scam, but some are good projects, you just need to make research do find really good projects, and then hope that investors all over the world will also invest. I invested in Ambit Mining ICO, it is very good project, one of the best.
full member
Activity: 239
Merit: 103
May 01, 2018, 09:07:18 AM
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.
Cannot tell if an ICO is legit or not. Before dedicate to join an ICO. I check is the team, their previous business experiences.
newbie
Activity: 238
Merit: 0
May 01, 2018, 08:41:05 AM
ICO is something like an organized movement and fundraising. It is not regulated by any laws, which is why there are a lot of scammers and beginners who are not afraid of failure and can safely bury what they have accumulated.
newbie
Activity: 72
Merit: 0
May 01, 2018, 08:37:40 AM
The kind of ICO you chose to venture in matters a lot, There are a lot of good ICOs in the market with proper project plans and are very legitimate, This however doesn't mean that they are all good, There are als0 scams,one should be very careful when  dealing with ICOs, proper investigation should therefore be done before committing into ICOs,
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