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Topic: ICOs are a legit or Scam? - page 8. (Read 32195 times)

full member
Activity: 406
Merit: 100
November 09, 2018, 02:42:28 AM
However, there is a lot of scammed right now. We should take care of choosing what to invest. We should check and study first before to go a big decision so that you won't regret looses in the end. It is risky because it involves money.
jr. member
Activity: 49
Merit: 1
November 09, 2018, 02:28:29 AM
If you want to invest somewhere you first start learning how to invest and in what, for how long and is it feasible? Many people complain about losing their money, but mistakes are all theirs, not ICO.
newbie
Activity: 42
Merit: 0
November 09, 2018, 02:18:41 AM
There are many ICOs out there rn with the only intention is to make money off of people who failed to research about them.

Of course there are some which keeps true to what they believe in like MegaX where they want to reduce the gap between brick-and-mortar companies and online retailers by creating a marketplace whereby cryptocurrencies are accepted as payment.

https://megaxstore.com/
member
Activity: 308
Merit: 10
November 09, 2018, 02:17:01 AM
There are many projects out there that may still be alive today after the ICO craze of 2017, barely surviving looking to continue drag money into their project when in reality its just the early buyers or owners trying to trade it in for another currency.
member
Activity: 406
Merit: 10
The Exchange for EOS Community
November 09, 2018, 02:09:22 AM
It all depends on where it is organized and by whom. There are too many subtleties without which it is difficult to say whether they are legitimate or not.
Depending on each country, my government does not intervene in electronic money as well as the ICO so they can create an illegal ICO themselves. And there are some countries where they manage their ICO that are legitimate ICO.
full member
Activity: 462
Merit: 100
November 09, 2018, 02:03:16 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.


Legal cryptocurrency projects and ICO provide investors with significant investment opportunities. However, the passion for ICO has sparked in some people a desire to make money by fraud, and they have already deceived thousands of investors for billions of dollars.
I will offer five reliable methods that should be used when investing:
1. Examine white paper thoroughly.
2. Learn about the team (make sure its members really exist)
3. Keep track of the number of tokens sold.
4. Make sure the project is realistic (use common sense)
5. Transparent and active interaction with investors
Cryptocurrencies and the ICO world offer unprecedented opportunities for profitable investments. However, like all investments, they are accompanied by significant risks of fraud, deception and misrepresentation.
full member
Activity: 560
Merit: 101
#SWGT PRE-SALE IS LIVE
November 09, 2018, 01:54:11 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.

Ive been a bountt hunter for more than a year and I can say that ICOs now are evolve into a risky business compared before. Usually ICOs before havent like this that turns out to be scam and the investment raises are huge due to trust to crypto but now its losing its edge due to some people who took advantage of ICOs. If you want to know if a project is legit, make sure to check the project 10x like literally inspect all details like team, do they have product, do they have legit social sites and etc.
member
Activity: 574
Merit: 12
November 09, 2018, 01:41:43 AM
The activity of the ICO itself is legal, but in some countries the holding of an ICO is prohibited. Since everyone is allowed to take part in this activity, and the amounts collected here are very significant from investors, this activity attracts many fraudsters. Now there are a lot of fraudulent ICO projects, because this activity is not yet regulated by the states. So far, only some of them create regulations for regulating the activities of ICO.
full member
Activity: 462
Merit: 100
November 09, 2018, 01:34:49 AM
The nature of the ICO is very good, it has the role of raising capital to contribute to the development of the project. And ICO investment is one of the best investment channels. It can bring good returns to investors in a short time. But because of the nature of the Crypto market is free, non-governmental. So there are many fraudulent ICOs on the market. In my opinion, it is important that we take more care in choosing the ICO to invest.
sr. member
Activity: 584
Merit: 250
November 09, 2018, 01:32:57 AM
It all depends on where it is organized and by whom. There are too many subtleties without which it is difficult to say whether they are legitimate or not.
hero member
Activity: 1651
Merit: 863
November 09, 2018, 01:25:50 AM
To me ICOs are generally a failed way for investing. Simply dont invest in them.
There are many less risk ways to invest in cryptos and in crypto companies.
Why to invest in ICOs if the chance to loose is maybe 90%?
member
Activity: 322
Merit: 10
https://www.udap.io/ - Tokenize Everything
November 08, 2018, 03:16:51 PM
The situation and the question completely depends on what country you are in, because it is from this that the correctness of how situations with cryptocurrencies and ICO will develop, because the laws in different countries are completely different with respect to cryptocurrencies.

It is so! We can't say for sure, not only because each country has its own laws, but also because everybody has a different attitude to the law. Not every person is a law-abiding citizen.
copper member
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
November 08, 2018, 05:46:36 AM
It depends on a project. If you would spend some time by investigating a project, you would be able to detect a fraud project. But people do not care at all. They are looking at the rating websites and investing without any research and than saying that every ICO is a scam.
sr. member
Activity: 714
Merit: 253
November 07, 2018, 11:05:08 PM
In some countries, Yes. Not in some countries. Let's get some clarification. At the moment, they are outside the legal field in the US.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
November 07, 2018, 09:56:56 AM
You can see from dev seriousness with the project they made, read the whitepaper look at the road map. check the product and the community. see the web you can see the quality of the web.
copper member
Activity: 10
Merit: 0
November 07, 2018, 09:26:04 AM
One of the most important questions these days is if the token sale is regulated. We've spent a lot of time ensuring that we follow Maltese laws for our Token Sale, but it's worth it. Without regulation, you never know what might happen to the token you have purchased. So always make sure to ask about which regulatory framework the sale falls under! Smiley
sr. member
Activity: 795
Merit: 251
November 07, 2018, 09:23:42 AM
In my opinion the current ICOS strategy is legitimate because it has the organizational scale and plan of the project ro. But besides that also the scams ICOS strategies. Important ICOS strategy That's fine and the purpose is not so you have to have a good look.
member
Activity: 203
Merit: 10
The World’s First Blockchain Core
November 07, 2018, 09:21:45 AM
70 percentage of icos scam and the other 20 percentage of icos dont need to use blockchain in their systems so only 10 percentage of ico is valuable and quarter of them doing good roi.
So it is hard to analyze icos and that is risky investment in bear market. But if you want to invest you need to do your research about their project detailly.
full member
Activity: 602
Merit: 100
November 07, 2018, 09:16:22 AM
The situation and the question completely depends on what country you are in, because it is from this that the correctness of how situations with cryptocurrencies and ICO will develop, because the laws in different countries are completely different with respect to cryptocurrencies.
member
Activity: 490
Merit: 17
November 07, 2018, 09:10:43 AM
There are many scam ICOs now, but there are still a lot of good and legit ICOs. So, do your own research is important. If you're going to invest in an ICO, research and find information about it, about team, are they legit and experienced. Check their whitepaper to see how its good. 
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