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Topic: ICOs are a legit or Scam? - page 6. (Read 32214 times)

full member
Activity: 462
Merit: 100
Good Morning
November 22, 2018, 12:00:21 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.
it is liek with peopel there are good ones an dthere are bad ones and the same thing with icos there are profitable ones and there are scammers
newbie
Activity: 42
Merit: 0
November 21, 2018, 11:59:22 PM
When checking an ICO, it is important that you read their whitepaper first and grasp the idea of it. If you are looking to engage with your favorite creators without ad interruption, you definitely need to check Stream41's decentralized media platform. Stream 41 promotes an advertisement-free platform where content producers and content viewers can engage in a more meaningful ways. Learn more about us here: https://stream41.com/
full member
Activity: 686
Merit: 105
November 21, 2018, 06:34:40 PM
ICO is legal in many countries. Until laws relating to cryptocurrencies are passed, it is difficult to determine the future of ICO. I think regulation will bring little benefit.
full member
Activity: 420
Merit: 100
November 21, 2018, 06:01:51 PM
All icos for me are not legal now.In the future, all these icos should be built on legal grounds.This will become a necessity.That's when everyone will participate in the icos.Even current companies in the future will even make icos.All companies will be crypto-based.
full member
Activity: 462
Merit: 100
November 21, 2018, 05:59:07 PM
The best way to identify the scams of the ICOs is too look at their token distribution for most of the tokens are going to the management and the advisory board then the coin will be a scam so before investing this factor is important to be seen. Because if the management is keeping most of the coins and not selling them means they will sell when the price goes high and they are in the mood of earning more profits instead of making the coin more successful by having a solid plan.
member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
November 21, 2018, 04:49:23 PM
Trust me never accept recommendations just like that, do your own checks. There are so many ICO's but not all are legit that is why there is the need to be more careful otherwise you might end up losing. Legit project speaks for itself. You can visit their website and check on the realistic progress of their ICO.
sr. member
Activity: 756
Merit: 257
Freshdice.com
November 21, 2018, 04:34:04 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.
Honestly, it is now difficult whether the is ICO a scam or not because there are ICO that has a good website, white paper, a promising project and a trusted team members but they are scam, that is why a lot of people are qutting in joining in ICOs. For now there are only few successful ICOs left and the rest don't have a good price.
jr. member
Activity: 406
Merit: 1
November 21, 2018, 04:06:24 PM
Well, ico certainly has both a Scam and good real projects , but I can say that in such a market there are a lot of scams , you need to check the project very carefully
sr. member
Activity: 574
Merit: 250
November 21, 2018, 03:37:33 PM
Why even think about ICOs any more?
They are a total failure for the investors.
Billions were lost !!!
Anyone who invests now in ICOs will almost for sure loose, as this year has shown.

Only those who do the same errors again and again and expect now a positive result after having been ripped several times,
are fools.

Sorry you are right. Investors will not repeat the same mistakes, investment in the PPI for this year brought huge losses, and this is still ongoing. It is better to use other ways of investing in crypto projects, in any case, until a bullish trend comes, if it comes at all, to the extent it is necessary.
sr. member
Activity: 686
Merit: 250
November 21, 2018, 03:32:13 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 team members are real, their whitepaper is well, you can look to project and what is project's aim and which problem will solve this project at the world. So if you like the answers then you can think it is not scam most probably.
member
Activity: 251
Merit: 20
November 21, 2018, 03:29:12 PM
they are not scams. The most successful ICO is Ethereum. Can you call Ethereum a scam? Their founder seems to live in Russian Kremlin these days He doesn’t seem to be in troubles though.ICOs are investments of the high risk. But why everyone talks about them? Because the outcome may be many times higher than anywhere else.
hero member
Activity: 1651
Merit: 863
November 21, 2018, 03:28:36 PM
Why should that Stem Cells ICO be good for investors?
I dont see in the roadmap any benefit for the coin holder.
Not even getting the coin on an exchange is on the roadmap.
It does not provide an own blockchain, so no new blockchain technology is invented.
It only provides a new use for the blockchain.
Nice, but why should Í give my money to this company?
It is like any other ICO,good for the company.
Bad for the investor.

I see NO way to make a profit.
full member
Activity: 644
Merit: 100
November 21, 2018, 03:20:44 PM
In General,of course legal,but in some countries,there are no laws yet for the Cryptocurrency market, and therefore banks and regulators consider them not legal!So to speak they don't control them,from them money don't receive and therefore first of all put sticks in order that it was possible to control
jr. member
Activity: 837
Merit: 1
November 21, 2018, 03:20:09 PM
Yes, there are scam ICOs and legit ones. Even some ICO are just a rephrase of current projects and as such are likely to fail. Also, there are legit ICOs with genuine idea. You just have to be careful and make proper research before investing.
jr. member
Activity: 196
Merit: 1
November 21, 2018, 03:17:30 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.
ICOs are a good crypto investment, while there are many fake ones, a handful of them are still reliable. I can recommend Stem Cells Innovations ICO to you. You can make your own research about it and invest if it suits you.
hero member
Activity: 1651
Merit: 863
November 21, 2018, 03:14:37 PM
ICOs to a company is like giving money for free and never see anything come back.
ICOs for a new blockchain may have chances, as eth was a chance.
But the market is bearish, so even on that kind of legitimate real blockchain ICOs have no good chance to see any profits.

There are tons of ways to invest really in blockchaintechnology.
Invest in Companyshares. Invest in hand picked Coins.
Invest in Startups.
Invest in Masternodes.
Better dont invest in Mining or CloudMining.

Why even think about ICOs any more?
They are a total failure for the investors.
Billions were lost !!!
Anyone who invests now in ICOs will almost for sure loose, as this year has shown.


Only those who do the same errors again and again and expect now a positive result after having been ripped several times,
are fools.
full member
Activity: 602
Merit: 100
November 21, 2018, 12:19:39 PM
From the point of view of human relations in general, I think that ICO is a normal procedure, where many participants simply donate their real money to implement the idea. And tokens or coins are just guarantees.
member
Activity: 392
Merit: 13
November 21, 2018, 12:16:15 PM
There are different kinds and there are both kinds of them in the market but now it does seem that the number of the scam coins far outweighs the number of the legit coins that we have in the market right now. This calls for a lot of caution when you are investing in the market to make sure that in the long run you are not investing in something that is going to make you lose a lot of money
member
Activity: 294
Merit: 14
November 20, 2018, 06:02:49 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.

Many today are beginning to say that all ICOs on the modern crypto market are fraudsters. But personally, I believe that you can find various promising and useful projects. In particular, this year I already found some good ICOs with timely payments and stable development.
copper member
Activity: 70
Merit: 0
November 20, 2018, 03:16:47 AM
It helps to find an ICO with a fully functioning product rather than just an idea. That gives more confidence to investors. FinanceX for example. After a successful Private Sale and Presale, their ICO starts tomorrow with a huge promotion. 30% bonus FNX token for anyone who purchases on the first day.
https://medium.com/financex/30-bonus-on-fnx-november-21-d8b82b4ad8bf
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