Topic: List of ICOs that were definitely SCAMS (Read 1181 times)
The best measure to take before investing in any ICO is to do the best of due diligence. Evaluate the project and come up with valid points why you think its attractive to any customer, study the road maps and research reputable partnerships behind such ICO. This way you can convince yourself better to or not to invest, it makes no sense rushing to invest if you cant provide solid reasons for investing.
I don't follow new ICOs nowadays because it is impossible, it is certain that a lot of ICOs now are just scam or they will fail in the future. It will be bad for investors.
You don't follow news on ICOs, only promote them (signature campaign)?
Exactly why this place has become useless. At least there's a token for useless.
Also, the posts that respond with nothing to add. The original poster asked for a list of ICOs and all everyone is posting is drivel about how they don't follow ICOs or don't know the answer so that their signature campaign can show.
I'll at least respond with something helpful to the original poster's request:
Check Smith & Crown's website. They point out the ones to avoid.
It is very difficult to distinguish ICO and its original cheating, but recently I found ICO branded as a fraud by ICO list, but I can not say the ICO.
if the total supply is more than 100 000 000 for ico target more than 1 000 000, it's a scam!!!
because it's overvalued even if the project and team are serious!!
because it's overvalued even if the project and team are serious!!
Is too early to know if some of them turnout to be scams, at the moment looks that all ICOs work hard for the end products. It will take more than a Year to know if some are scams, we will know for the simple projects at least .
Chronologic
Actually I am not sure if it qualifies as a scam, since you could see from their whitepaper that they had nothing to offer, just made up a useless token to raise money.
They sold a useless token that the only function is to generate more tokens with the passing of time. they created a self moderated thread here in the forum and deleted every message pointing their problems.
they had the ico without the contract of the token (you basically could send them eth and get nothing in return) and were able to raise over 6 million dollars.
some days after the ico they decided to actually develop the token but they made a mistake in the deploy, so they had to recreate it after the token was already being traded.
it has been one month since the ico and investors got nothing. the chronologic team even messed up the contract deploy and had to issue two versions of the token already: https://blog.chronologic.network/2nd-deployment-of-day-686dd4f058b7
I don't know if it was a scam or a joke
Actually I am not sure if it qualifies as a scam, since you could see from their whitepaper that they had nothing to offer, just made up a useless token to raise money.
They sold a useless token that the only function is to generate more tokens with the passing of time. they created a self moderated thread here in the forum and deleted every message pointing their problems.
they had the ico without the contract of the token (you basically could send them eth and get nothing in return) and were able to raise over 6 million dollars.
some days after the ico they decided to actually develop the token but they made a mistake in the deploy, so they had to recreate it after the token was already being traded.
it has been one month since the ico and investors got nothing. the chronologic team even messed up the contract deploy and had to issue two versions of the token already: https://blog.chronologic.network/2nd-deployment-of-day-686dd4f058b7
I don't know if it was a scam or a joke
Not exactly what you are looking for, but this list notes "dead coins" and quite a few are listed as pure ICO scams ... The dev. took the deposits and dissapeared, never produced anything. Ziber is a recent one I remember, and it's on the list as an ICO scam.
http://deadcoins.com/
http://deadcoins.com/
I don't try to follow ICOs from a scam list, rather than this, I judge them on my own, by looking at their white paper and business papers. This will definitely give me an idea about them. Also, thir team gives us information whether or not the project will be a scam.
This is refreshing to read. I wish that this approach could become a rule for posting as opposed to uninformed comments dominating threads.
You are not a real project until someone calls you a Scam. I see daily posts about Eth being a Scam. Once you use a word like that, it doesn't really mean anything. Many businesses fail, so many cryptos will fail, but some will probably make it, and it you are tied to one of those you can make an incredible amount of BTC/money
at http://icorating.com you click on the SCAM button and it shows you a list with possible scams. but there can be more than that icos on the list. always study the white paper and the team behind ico.
Lust ICO is definitely a scam. Source: https://bitcointalksearch.org/topic/lust-ico-is-a-scam-2077842
Evidence:
Evidence:
- several probably hacked or bought bitcointalk accounts talking to each other in announcement thread trying to bury all scam accusation in the pile of low quality posts and boost the post count of thread
- at least one fake team member profile on official website
I think people throw out the word scam way too quickly these days. Some coins are in fact scams, and some coins will do nothing and you will lose your money despite them having the best intentions. I have seen a bunch of people on this forum say that any premined ICO is a scam and we know that isn't true (although those people are usually holier than thou jerkwads). What it really boils down to is most people lose money because they don't do their research.
I'm not sure as well, that all of them are scams. Sometimes I face really ridiculous projects and don't even take them seriously, but then I see how they are attracting more and more investments. Therefore, it's interesting to hear the third party's evaluation, especially different from yours. Thanks for sharing:)
looks google form is a good choice.
everyone can submit a scam ICO with some evidences(thread post , btt account profile , website ,wihtepaper ?).
Well this thing is a good suggestion.List should really be on google form together with all on the informations related on the scam ICO but this thing of compiling all of those scams would really takes time.I dont know if theres someone would able to compile these stuffs and this would really be helpful as a reference for us ICO investors. everyone can submit a scam ICO with some evidences(thread post , btt account profile , website ,wihtepaper ?).
Jesus Coin?
There are too many ICOs that don't make sense. Even the social network ICOs don't make sense. Why would anyone leave Facebook when they have no issue with Facebook?
Pretty sure that Jesus coin was created for joke and insult. just like fucktoken long time ago. There are too many ICOs that don't make sense. Even the social network ICOs don't make sense. Why would anyone leave Facebook when they have no issue with Facebook?
by the way, you can simply see their concept and their website, they try to decentralize something that's impossible, doesn't make sense at all. probably will raise fund maximal of 0.1 ETH
I tend to agree with Teraboy. It seems that Jesus Coin was indeed created for a laugh, although it's a bad joke. It offers nothing to the world and it's thus completely pointless with nothing to offer to the investor other than a few smiles originally.
It will serve cryptocurrency (money)laundry purposes though...
There is a big difference between a scam ICO and a joke ICO. Unfortunately,,, there are some poor people who fall for things like Jesuscoin because of language barrier. I can tell you now that if you told the joke about Jesuscoin or even old ones like Useless Ether Token ICO, they would not get it. The ICO tag is something that is enough to get them going.
And, no, they do not deserve being scammed. Nobody does, actually.
Jesus Coin .This project is not aim to solve a problem in life.I don't think it will fund some money, leave away from it .
I think there is no really clear forecast that an ICO is Not a scam. Some projects that seemed to impossible to work out could be a red flag to investors. But there are some promising projects that just failed in the end, though their motive is not really to scam, theres nothing they can do but disappear.
Too many ICOs from corrupt countries:
https://www.transparency.org/news/feature/corruption_perceptions_index_2016
This reminds me of the thousands of phishing scams coming from Nigeria.
https://www.transparency.org/news/feature/corruption_perceptions_index_2016
This reminds me of the thousands of phishing scams coming from Nigeria.
Jesus Coin?
There are too many ICOs that don't make sense. Even the social network ICOs don't make sense. Why would anyone leave Facebook when they have no issue with Facebook?
Pretty sure that Jesus coin was created for joke and insult. just like fucktoken long time ago. There are too many ICOs that don't make sense. Even the social network ICOs don't make sense. Why would anyone leave Facebook when they have no issue with Facebook?
by the way, you can simply see their concept and their website, they try to decentralize something that's impossible, doesn't make sense at all. probably will raise fund maximal of 0.1 ETH
I tend to agree with Teraboy. It seems that Jesus Coin was indeed created for a laugh, although it's a bad joke. It offers nothing to the world and it's thus completely pointless with nothing to offer to the investor other than a few smiles originally.
It will serve cryptocurrency (money)laundry purposes though...
Jesus Coin?
There are too many ICOs that don't make sense. Even the social network ICOs don't make sense. Why would anyone leave Facebook when they have no issue with Facebook?
There are too many ICOs that don't make sense. Even the social network ICOs don't make sense. Why would anyone leave Facebook when they have no issue with Facebook?
) I dont known but Jesus really funny. maybe same with doge coin. But they are doing seriously Jump to: