Topic: ICOs are a legit or Scam? - page 56. (Read 32195 times)
Some ICO are scam, some of it are legit and some of it are already implementing the project. There are many new ICO project nowadays and most them will tell you that they are already successful in their ICO period and it will be a matter of time that they will going to implement the project. However, some of the ICO will say that in the near future they will be able to meet their goals and objectives in terms of token sales. But which is the right ICO project to participate? Well start with their project concept. Look on those tokens they are selling if those tokens could be used in the future project to be implemented like ASTORGAME tokens. SOmeday these tokens could be use in #massgambling and #esports entertainment. SO this is a win win situation both the investors and the project. This could mean a good project.
There is some ico's legit, but mostly I think they are many scammers. So you need to be aware of scammers and they can steal your money or get your money by investing in their tokens. You need to check their feedback, especially teams if they are connected with each other.
full transparency of the team, already existing business and its large audience
I do not have experience yet on ICOs that are scam , but I believe ICOs are legit , there are ICOs that do not success in their campaign , others thought that the project is scam , but it did not meet the target, other say that it is true project when it is successful and give bounty to the campaigners in the ICO.
These are the things I check before investing in an ICO:
Whitepaper
The product
Team expertise
ICO reviews
Partnerships of the project
Consultants of the project
You can check out the ICO I have in my signature
Whitepaper
The product
Team expertise
ICO reviews
Partnerships of the project
Consultants of the project
You can check out the ICO I have in my signature
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.
I think the good ones are btc and eth for us to invest. Whether they are legit deoends on where you are. 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.
I think to distinguish between scam and legit ico is difficult because now a lot ico scam. Then be careful in choosing ico.
Any ICO has one goal - profit. A scam is either legal, sometimes it turns out too late. It is necessary to carefully study the composition of the team and white paper, to search for maximum information in a variety of sources, and only then decide on participating in the project.
some ICO is legit, and some are scam. in fact we can not determine it, because the scam or not, it depends on the dev. they could have turned into a scam after they succeeded. I think there are some ICO like that.
There's a reason why the US has laws for investing in securities - people without the financial means or experience investing in companies they do not know how to evaluate, will most often lose their money. ICOs that fail are not necessarily scams, but they are not projects that would be backed by an experienced investor, most likely (even they are more often wrong than right, but they have a much better due diligence process). ICOs are a great way to raise funds from the public and are definitely legit, but you need a strong process to not end up investing in a dead end cause.
Some ico are legit and not all scam
before to participate in ico, read be careful about the project, team and concept of the project.
before to participate in ico, read be careful about the project, team and concept of the project.
If you are business minded, investing in ICOs is one of the best way to invest since you'll be able to acquire coins in low price with bonuses. So, how do identify a legit ICO? First, check their website and white paper. Study their plans and goals, the team behind the project and see how realistic their plan is. But of course, it's not just that. You can also check the reviews and the feedback from their social media accounts.
Some are legit and scam, either of the two. If you are planning to invest one of ICOs make sure that you must investigate how their team and foundation are strong(campaigns, transaction, etc.). There are also advantages and disadvantages of investing to an ICO. Just take time to read posts and be guided in this forum
Transparency, legal matters, real goals, team, market... Study the information and make a serious decision.
You should understand the project and its perspectives before you invest.
You should understand the project and its perspectives before you invest.
A lot ICO's are scam I am sure and only few of them will be treated as the first plan.
a few months a lot of ICO is a legit or a scam and it confuses us in distinguishing it for that we have to be more careful in choosing ico, we must first learn how the team behind the project
There are many scams and there are many legits so you must find yours yourself with time you will understnad what is what and can just suggest dont give up even you have scammed ones or more.
Here are some red flags you should take note of to spot professional scam ICOs:
1. Beware of over-usage of buzzwords for the ICO
2. Token sale & subscribers are faked
3. Fake LinkedIn Profile, Fake Advisors
1. Beware of over-usage of buzzwords for the ICO
2. Token sale & subscribers are faked
3. Fake LinkedIn Profile, Fake Advisors
Much depends on how correctly you understand the ICO process, because many people think that they have any guarantees, in fact the ICO process is not scam, only if the project itself is not a scam
There are both legit and scam ICOs but its difficult to differentiate between both. Some ICOs may look legit in its initial stage and turn out to be a scam. So its difficult to differentiate between legit and scam ICOs.
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