Topic: ICOs are a legit or Scam? - page 62. (Read 32195 times)
Yep now there are so much scams but not all ICO es are scam and i think with time MOST of ICO es will be legit ,will be scamers but not so much as were.
Well we couldn't really say that ICO's are legit because some of them are failing to reach their goal,
Some of them are just a scam and wouldn't take care of their project after they get the money .
But we could say that most of them are just there to gain some money through it and let it run in the market they wouldn't care if their coin becomes shit coin or what.
Some of them are just a scam and wouldn't take care of their project after they get the money .
But we could say that most of them are just there to gain some money through it and let it run in the market they wouldn't care if their coin becomes shit coin or what.
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.
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.
99% of ICOs are designed for one purpose only - and that is to enrich the creator(s). In other words, yes, most of them are scams.
However, there are plenty of legit ICOs out there too. You just need to be very careful about which ones you choose to invest in. Do a lot of research in terms of the development team, whitepaper, road-map, etc. to gauge how successful you think it will be and then decide.
TechSpecs link generator for second-hand marketplaces removes any specs questions and saves the seller a lot of time.
there are some ICO's that lead to scam if they reach their hard cap of the project they will just abandon it very quickly and remove all the telegram, twitter,facebook accounts in one sweep that's why we can hardly trust ICO's right now
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.
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.
To find good ICO you have to do your own research.. Deeply look in to project concept, development team, road map, advisory board etc.. For that you have to learn much about cryptocurrency..
there's a lot of ICO project are scam but if you read and study carefully there's a few legit ICO so you better pick the good one so that you say i made the right choice
all the icos are scam, better buy the coins which are already listed on exchanges and have decent trading volume.
Some ICO's are scam, some are legit. You havr to think twice before joining it, you have to read its platform, is it possible or is it so good to be true. The smartest way to chose when joining ICO is chose campaign manager of ICO who is trusted already.
You can ask every scam questions for understanding about project. What do you need to know: white paper, card and soft cap, actual topic of project, for what money, how they built promotion, what the team, what the token.
According to reports coming from the Internet, according to the recently launched the OKEx platform Refereum (RFR) project, its leader suspected of "false generation" and "the assets of the investors and transfer", and "raising channels to try to run"
Like in everything, there is two sides of the coin means good and bad, some ICO's are good and and some are bad, you just have to be careful where you invest your money.
I believe that ICO as a whole is necessary, since it enables the development of the Crypto-currency and improve it.
I believe that ICO as a whole is necessary, since it enables the development of the Crypto-currency and improve it.
Crypto market is a far west, so you can find scammer at every corner. It's up to you to detect them and to not be scammed.
But there are a lot of opportunities, and some ICO are very promising.
But there are a lot of opportunities, and some ICO are very promising.
if you will look at the model from afar - the motivation for ICO is obvious. developers are not confident that their product will reach desired value in free market (exchange listing) - so they setting the the price themselves. people see high price and investing right away, without first reading basics of blockchain tech. this is confirmed by the amount of legit github accounts around all ICOs on the market and basic observation of last two years. also if you like to read white papers - you would noticed that most of all documentation is dedicated to expanding budget covering or referral program. there is a line between fast money and investment. nobody wants to their homework, laziness and greed got us to current ocean of scam we all calling cryptocurrency market.
Some pointers...
1) If the ICO claims to be the New Amazing Bitcoin alternative - such as http://www.bitcoinfuji.com/ - it's probably a scam
2) If the ICO has no team members listed, lists team members but they don't have linked in accounts, they have linkedIn accounts but they are new accounts/have no real history, recommendations, etc...It's probably a scam,
3) If the team looks like this:
It's definitely a scam.
4) If there's no credible contact info - It's probably a scam
5) If you do a WHOIS and the domain name is registered to somebody in Croatia, when they claim to be out of San Francisco - yep, you've guessed it. It's probably a scam.
5) If they require KYC but are requesting it to be sent via email - run away!
6) If they appear legit, and require KYC, ask them how they're handling it. If they are not using a reputable automated 3rd party service (also check with that company that they are actually supporting their ICO)...It's probably a scam.
7) Research the proposed product and whitepaper, gauge the competition and whether the vision seems feasible. There are a lot of great ideas out there, but a lot of them are pipe dreams.
If you're even remotely in doubt, step away and save your money.
1) If the ICO claims to be the New Amazing Bitcoin alternative - such as http://www.bitcoinfuji.com/ - it's probably a scam
2) If the ICO has no team members listed, lists team members but they don't have linked in accounts, they have linkedIn accounts but they are new accounts/have no real history, recommendations, etc...It's probably a scam,
3) If the team looks like this:
It's definitely a scam.
4) If there's no credible contact info - It's probably a scam
5) If you do a WHOIS and the domain name is registered to somebody in Croatia, when they claim to be out of San Francisco - yep, you've guessed it. It's probably a scam.
5) If they require KYC but are requesting it to be sent via email - run away!
6) If they appear legit, and require KYC, ask them how they're handling it. If they are not using a reputable automated 3rd party service (also check with that company that they are actually supporting their ICO)...It's probably a scam.
7) Research the proposed product and whitepaper, gauge the competition and whether the vision seems feasible. There are a lot of great ideas out there, but a lot of them are pipe dreams.
If you're even remotely in doubt, step away and save your money. 
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.
Most ICO’s are legit. But a few are also scammers. So we really need to be on our toes. 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.
You can check CryptoVentures for some current or upcoming ICO’s. When selecting a project, initially check the rank and trust rating of the bounty manager. ICO’s are usually legit when campaign managers have the rank of hero or legendary with a positive trust rating. You can consider a Sr. member campaign manager considering his trust rating is substantial. When you’re done doing this, then you can go over the white page for the other project details.
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.
Any conduct of an ICO is legal until it is found to be illegal. Over the past year, of the 902 ICO campaigns conducted, only about 31 percent have been fraudulent, although just about 60 percent have not achieved success. Therefore, the situation with the ICO is not so bad. I believe that ICO as a whole is very necessary, since it enables the development of the Crypto-currency and improve it.I am afraid this percent is very high. But the most important is that this percents are growing and more scam projects are being made.
This is bad for all of us, not only for good ICOs. I hope we will find a way to separate scam projects for the good ones easier.
They are all legit, but some of them are scams and want to gather the investors money and run away, because they know no one will find them, and there is the problem. If you want to invest somewhere you first start learning how to invest and in what, for how long and does it worth it? Many people complain about losing their money, but the fault is all theirs, not the ICOs.
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.
Any conduct of an ICO is legal until it is found to be illegal. Over the past year, of the 902 ICO campaigns conducted, only about 31 percent have been fraudulent, although just about 60 percent have not achieved success. Therefore, the situation with the ICO is not so bad. I believe that ICO as a whole is very necessary, since it enables the development of the Crypto-currency and improve it.
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
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