Topic: Is ICO scam or not? (Read 184 times)
There so many sources like icobench.com, icoradar.org, icorating.com, icoranker.com, twitter.com/top7ico ... etc so you can compare reviews on those and get the answer
How to understand is ICO scam or not? What criteria I have to look at? Thanks!
you have nothing...
the better the scammer,the better you fall in...
it depends to the ICO you have to read the whitepaper or the roadmap of the ico
go for research for the ICO you want to invest.. Read first before you invest in the ICO
go for research for the ICO you want to invest.. Read first before you invest in the ICO
ICO scam or not .you should find and collect the information about the ICO .If the ICO team ll strong it could not be scam .i am work on ICO cvproof .cvproof is best project .you can make good profit from this project because behind this project team is strong and good .
How to understand is ICO scam or not? What criteria I have to look at? Thanks!
There can be lots of criteria. I can just remind some of them.
1- Look their domain registration, expration date from whois.net . Generally scammers just create a domain for 1 year in 1 month (You will need more proof with this.It can't prove directly, it is scam or not. It can just give additional info)
2- Look at their team. Are their team anonymous? Do they have real contact info and names?
3- Search them on google. (Maybe you can find beneficial info such as a person warns about that ICO or sth)
4- Look at their whitepaper. Do they have one or do they just copy another whitepaper or is their whitepaper look like messy?
5- What is their purpose and what did they achieve for this goal?
You can think more like these. I can't directly say if a ICO has any of this term, it s scam but at least it can make me think twice.
This is a very good list of basic steps to be taken before investing in ICO. In my opinion, if we have doubts about one of these points, we should not invest.
Good shout from apimembership -
1) I would add that checking the LinkedIn profile of the ICO funders/team is key
Some of the LinkedIn profile are complete scam even though they look great on paper - You can spot scam profile by the numbers of connections these profiles - that's a way to do it.
2) Whitepaper is needed indeed - KodakOne is a great example, they have no white paper
1) I would add that checking the LinkedIn profile of the ICO funders/team is key
Some of the LinkedIn profile are complete scam even though they look great on paper - You can spot scam profile by the numbers of connections these profiles - that's a way to do it.
2) Whitepaper is needed indeed - KodakOne is a great example, they have no white paper
How to understand is ICO scam or not? What criteria I have to look at? Thanks!
There can be lots of criteria. I can just remind some of them.
1- Look their domain registration, expration date from whois.net . Generally scammers just create a domain for 1 year in 1 month (You will need more proof with this.It can't prove directly, it is scam or not. It can just give additional info)
2- Look at their team. Are their team anonymous? Do they have real contact info and names?
3- Search them on google. (Maybe you can find beneficial info such as a person warns about that ICO or sth)
4- Look at their whitepaper. Do they have one or do they just copy another whitepaper or does their whitepaper look like messy?
5- What is their purpose and what did they achieve for this goal?
You can think more like these. I can't directly say if a ICO has any of this term, it s scam but at least it can make me think twice.
How to understand is ICO scam or not? What criteria I have to look at? Thanks!
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