Topic: More and more Scam projects - page 11. (Read 26067 times)

Yes, with scams from ICO projects, the creators of the fast-paced fraud project are just a few trick tricked investors, so in my opinion we should improve the knowledge from there. I can see the deception and false side of the ICO project to avoid

That's why we must be careful of choosing a project to participate because nowadays there's a lot scam project came. Before you participate make sure you know all the information about it or you check its background. Also its better if you analyze it first to avoid getting scam project, if you have doubt then find another project , just take your time to choose until you choose the best one.

It seems like you are more fortunate than me. I have been working on a project that ended in March and now we have not had a notice of KYC implementation yet and have not had the exact time to receive the token. That is a bad thing for me and hopefully it will not be a fraudulent project. Think positive and work harder bro 

Indeed this year as the year of fraud, many project a scam do not produce. Everyone hopes there are rules related to ico, ico so we can follow as investment or bounty is indeed really nice favicon.ico, not merely a scam project.

Indeed, for now there are many fraudulent projects, bad projects that stop halfway, I don't know how I was like last year, if you want to invest in IOCO you must really be able to choose IOCO with good prospects and clear goals, hopefully for the future the ico project will be better than it is now

The scam project is very much and I myself also got a fraud project. Maybe this is a very difficult situation because the crypto market price also dropped dramatically. However, we must continue to think positively and check before deciding to join the ICO project. And I'm sure there are still many ICO projects that are real and you don't give up looking for good projects.

And this is ridiculous, everything that happens leads to deanonymization, which contradicts the principles of the blockchain and cryptocurrency. I think that the matter is that the values of private property and personal gain prevail in world culture.

Yes I agree. Scam ICOs are everywhere. And what's worse? People are supporting them and not thinking of those investors losing money. All they think is they are paid in cash or Ethereum and bitcoin by working as social community managers and admins. Scam ICOs are like poison. People are losing interest on crypto because of them. So before investing, thorough research is needed. Don't be fooled by height ROI. Always check the team, product usage and community.

Yes this year definetly a bad year for icos. In 2018 q1 and q2 was great times for icos and q3 and q4 is the worst time for icos. That is very interesting. We can see from here time can chance everything 180 degree. That is sad to see this kind of situation but unfortunately now i can see icos are dead already . Investors and also icos need to next bullrun .

I don't know what happened why there are so many scam projects that have sprung up. It seems that there are only a few good projects. The impact of this scam project is not only us, but investors who participate in their ICO. The point must be more carefully choosing a bounty project.

I think that the number of fraudsters has grown since the beginning of the year, perhaps you have become more involved in such projects. Try to pick projects.

I often come across fraudulent projects. It seems to me that the situation was much better a few months ago. Now it is very difficult to find a good project.

   Everyone here is warned about the possibility of running into a scam. Nevertheless, some are willing to take risks.

Its happening every where lol, it really dumps your spirit since yo know for sure there will be reluctance when it comes to the distribution of bounty rewards. With scam projects they are more than genuine ones so be on a guard.

It scares me that everyone with access to internet can run ICO and exit scam, but regulation isn't really solution to this problem. It could help dishonest people to say their ICO is regulated and help them to take data from investors.

We really need to have extra care because scam projects are spreading.  
Based on my observation, when projects have limited posting updates and their development and no activities posted in social medias might turn into scam.
This year should be a lesson for us to avoid and expose scammers.

I admit that this year is a bad year for crypto, so there are so many ico fail because the market crashed so not many people are interested in investing, more precisely they wait until market conditions improve, and as a bounty hunter of course I also feel the impact even in this one year I only got a few coins that no one even entered the market

this year is the worst year for many people but for me this year it's not too bad because there are still a number of good projects, but it's just hard to find it. we just need to try and keep trying so we will get a good project. I am sure that if there are still many good projects, that has not yet arisen because currently investors still doubt many projects, so many projects are waiting for the market to recover first.

Yes, I agree with you.
You can see:
First:  A coin is create so easy. If you have a little about coding or blockchain. Special Ethereum platform. On Technology forum about blockchain, you can find a lot of way make  a new  token on ETH platform. Moreover, When you watch youtube, let's seach how to create a token on eth platform, will find some video about it.
Second: Normal, when they create a new token, they will have a website about it. But technology or team is faked or  stolen from other projects.
Ex:
I have met one people, before he only buy airdrop and bounty token. Actually, he have not experience about blockchain. But he paid a little money in oder to make simple websites and rent a dev make a new coin on ETH, make a smart contract to auto transfer coins and somethings. He released self-drop token. And he have some promise to communicate such as him token will list mercatox and some exchange. Him team paid eth for exchange to be listed their token.
=> Finally, They scam and drop project. Closed website, telegram , and all contact. Take all ETH form self-drop. Wow now they become rich with amout of  scam token. Investor is impotent before what's happens?!!.
And in fact with me:
- Do you know EXT ( extoken )
+ They open bounty and finished it. Also paid token for investor and bounty/ airdrop hunters. Campaign last 3 months.
Then they are introduce your exchange https://extoke.com/ . And take it into active. Moreover, their exchange listed CYFM and some token. They also have volume on it. But a one day, they begin release another token XTO replace XTE. And have a promise is list hitbtc with XTO token. So you must tranfer XTE into XTO on your website. At the same time, they also sell a XTE. Have lot of buy it.
=> Last, admin don't reply in group. Final, the deleted account, closed website by turn off hosting.
I really don't believe that he is scammer. But It's true.

Inclusion, I want to say that let's carefully , don't believe anyone.

Of course, this year is not the best for bounty hunters, and even a good study of projects does not give one hundred percent confidence that the ICO is really good. But do not lower your nose, let's hope that everything will change.