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Topic: So many new ICO, how to check if it's scam? - page 25. (Read 14816 times)

newbie
Activity: 27
Merit: 0
Personally, first thing I check is the ICOs website, is it secured? Then I check if the team members are listed on their website, I Google each team members name and also check their LinkedIn profile to see how experienced they are. Also check if they have credible Advisors e.g. Vitalik Butterin or Charlie Lee or someone with a great track record. I check their social media presence, when was the account created? Are the accounts run by a robot?etc. Also read their whitepaper, is it realistic? can it be achieved? How many competitors do they have?
 These are just the few things I check but still doesn't make the ICO 100% legit but at least it's like 70%.
member
Activity: 203
Merit: 11
Scams are not the only risk. Even good and ambitious projects can fail. Either in development but even with a finished product. Even a finished product may be unusable, unacceptable on the market, or simply poorly marketed.
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
If you want to know if it is scam though we aren't be 100% sure about it. But you may see it at earliest times those who are obvious. Check the website and have a background check to the CEO and other members of the dev team. Make sure they have the credibility. Look at the whitepaper and its roadmap.
member
Activity: 130
Merit: 10
ICO Live! betterbetting.org
I tried different things to know if something is good or not on ICO's but still being unlucky for i have been scammed a lot of times.Reading through the campaign and looking and checking out its team and also the manager can be a thing.
full member
Activity: 392
Merit: 103
So many new ICO, and they all have new idea and tech listed on their webpages,

and even the websites use the same template...

but so many new ICO, how to check if it's scam, or worth to invest...

 Will for me ill check and read carefully there white paper , roadmap and profil of his team.Then ill if this ico have many crowd people.I also ask my friend about that ICO his nore experience than me.the last follow the big whales where he invest
member
Activity: 378
Merit: 16
first team
make sure the team and the developer are trustworthy people

then community
make sure the community of an ICO project can answer questions from people who doubt their project

third rating from ICOBENCH
on ICOBENCH, the rating is submitted by some expert blockchain, so it can be a consideration for investors

fourth escrow
fund raising using safer escrow services
full member
Activity: 284
Merit: 100
Vertex.Market, the World's First ICO Aftermarket
their so many ICO's now a days we hardly recognize if it is scam or not because scammer is very smart. to avoid of being scam do a research regarding their ico project. check the road map, managing team, and more about their project.
hero member
Activity: 938
Merit: 501
That's right  there's a lot of ICO and that's confusing,  it's necessary to look at what innovation the project has brought among many ICOs. It is also necessary to examine the stage of the project, the road map and certainly the biographies of the people on the team.
member
Activity: 62
Merit: 10
There is no absolutely safe thing in the world. And to make it more safe, I will prefer to read the white paper and research the history of the memebers to see if they are able to make the coin a good one.
sr. member
Activity: 1652
Merit: 262
checking all the teams in the ico project is the most important. and you need to know again is not too quick to believe in the big bonuses that ico offered. sometimes to attract investors, ico promises big bonuses and profits, whereas ico is not necessarily a success. the important thing is to stay cautious. hope you are always lucky  Wink
member
Activity: 367
Merit: 10
to know the ICO is Scam or not,  it's good to learn the roadmap of their project, The most important thing in the campaign is the campaign manager the higher the risks and you have to give trust, one of the points that you can convince the powerful ICO and the development they are doing for the project, so we do not lose due to investing in failed projects or often called a scam.
member
Activity: 121
Merit: 10
I usually do some research, but the most important is the team and the vision of their project. make sure they have a team and a clear vision, so the chances of the scam will be small
Some scam projects can have a good team and to assert that they have a clear vision. I think now the success of ICO is estimated by the level of hype around its project. In the meantime one of the indicators of level of hype is the number of users in their Telegram channel
legendary
Activity: 1274
Merit: 1000
I usually do some research, but the most important is the team and the vision of their project. make sure they have a team and a clear vision, so the chances of the scam will be small
legendary
Activity: 1008
Merit: 1000
Make your own research , but you can never be sure for 100% this is not scam . There is always a risk to loose , as well as possibility to gain .

Yup, that's why you do a super thorough reserach and invest only when 100% confident.
100% confident and 30% for risk Wink. You can't have 100% chance to get profit from ICO, sometime, I can put 70% for risk because some ICO projects have many problems not clearly and FUD. But, almost these projects helped me earned huge profits, AirToken and VIBE are these project, I have bought these tokens at low price.
member
Activity: 431
Merit: 11
Theres a lot of ICO today and maybe some of them is a scam, but to be aware in scam and have a legit ICO first you must look i they have whitepaper and roadmap and what is the purpose of the project if it useful and how it work at all. See some proofs to be aware always curiousity is good as always be safe.
jr. member
Activity: 182
Merit: 1
Make your own research , but you can never be sure for 100% this is not scam . There is always a risk to loose , as well as possibility to gain .

Yup, that's why you do a super thorough reserach and invest only when 100% confident.
member
Activity: 560
Merit: 16
Make your own research , but you can never be sure for 100% this is not scam . There is always a risk to loose , as well as possibility to gain .
newbie
Activity: 42
Merit: 0
I love ICOs but would love to know any ideas for 2018? Please note your suggestions should be real ICOs not scam. thx


Well, you said above that you want some ICO that have a working product and have a proof for it and you mentioned LiveEdu. Not sure if you are aware but their ICO is starting Today at 5pm UTC, it is worth following for sure.
copper member
Activity: 258
Merit: 1
I love ICOs but would love to know any ideas for 2018? Please note your suggestions should be real ICOs not scam. thx
hero member
Activity: 625
Merit: 501
Most of the ICO's are shit.

The best way to know that an ICO is legit, is seeing that the team already has a working product (for example, BitDice has a running casino for 3 years, and now they come with an ICO).
And, what Whipsplash says: the more info you can find beside their webpage, the less likely it is that is is a scam.

 
Exactly, Most ICO's are scams unless they already have a working product and have a proof for it. Also checking their social platforms and see how they deal with critics. for me I just know BitDice, LiveEDu as two already establish companies running an ICO. I dont know if there are more out there.
ICO is looks like IPO, the company want to have money for their project. So, they create an ICO to call for capital and investment. Investor you get profit if their project can be success, of course, it is high risk with which project has not anything Smiley.
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