In my opinion by make investment in ICO that has working product will be more safe than only plan in whitepaper. And second one looking for other review of that project in some forum and youtube channel, this will help to more understanding the project because sometimes if only read in the whitepaper by self is hard to understand the project
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Topic: So many new ICO, how to check if it's scam? - page 26. (Read 14858 times)
Its really hard to distinguish the legit projects from the fake ones nowadays. As many projects have fancy websites nowadays that are visually compelling and are easily manipulating people who didnt do enough research.
I personally have set some filters for myself to evaluate ICO projects. If there is no working product, the project is out. If the team doesnt make a good impression, the project is out. Etc.
there are scammers that can make such an impression that a person decides to even sell the house for the sake of this project. But in order to early learn how to identify fraud, you need specific ways. I personally have set some filters for myself to evaluate ICO projects. If there is no working product, the project is out. If the team doesnt make a good impression, the project is out. Etc.
Its really hard to distinguish the legit projects from the fake ones nowadays. As many projects have fancy websites nowadays that are visually compelling and are easily manipulating people who didnt do enough research.
I personally have set some filters for myself to evaluate ICO projects. If there is no working product, the project is out. If the team doesnt make a good impression, the project is out. Etc.
I personally have set some filters for myself to evaluate ICO projects. If there is no working product, the project is out. If the team doesnt make a good impression, the project is out. Etc.
Well, ETN IS a scam folks.
Buyer beware. My paper wallet import is stuck in "processing" for 7 days, the screen shows two copies of the import if you sit on the same window long enough.
Total BS.
Buyer beware. My paper wallet import is stuck in "processing" for 7 days, the screen shows two copies of the import if you sit on the same window long enough.
Total BS.
Good way to check the ICO project is to watch reviews and ask questions to devs so you can figure out how responsibly they work on the project and care about users' opinion.
Do a thorough research - read a lot and watch a lot of reddit & youtube threads.
Speaking of which, I'm currently doing a research on an upcoming ICO project which sounds pretty intriguing. Its name is Cointed. Has anyone heard anything about it?
Speaking of which, I'm currently doing a research on an upcoming ICO project which sounds pretty intriguing. Its name is Cointed. Has anyone heard anything about it?
That's are some ICOs that looks like scams but not, but if you want to make sure they're not scam, look for good ICOs that has good team, developers and staff, the project itself if it's useful for the community and must of all good ICOs have good resources like hiring good bounty campaign managers who's rank are higher like hero and legendary members.
Bad ICOs are managed by random people like Newbies and Jr Members...
Bad ICOs are managed by random people like Newbies and Jr Members...
Both of you are on point. Do a lot of research before joining any ICO. Most of them got telegram groups and subreddits. I don't find youtube that useful to be honest, but to each its own opinion. Bounty campaign ranks are a credible source to judge an ICO, but never forget to read through the entire Whitepaper and carefully study everything there. Good ideas are nothing without a hardworking team behind it. About Cointed: it is legit. They have been handling ATMs in europe for quite a while, and now are branching out to a lot of other fields. I can recommend it, along with golem, as the two most promising ICOs in my opinion. I am hodling both these tokens.
Do a thorough research - read a lot and watch a lot of reddit & youtube threads.
Speaking of which, I'm currently doing a research on an upcoming ICO project which sounds pretty intriguing. Its name is Cointed. Has anyone heard anything about it?
Speaking of which, I'm currently doing a research on an upcoming ICO project which sounds pretty intriguing. Its name is Cointed. Has anyone heard anything about it?
First of all, the project sponsor is very important, and then whether the project can continue to develop, and finally the publicity of the project is good or bad.
That's are some ICOs that looks like scams but not, but if you want to make sure they're not scam, look for good ICOs that has good team, developers and staff, the project itself if it's useful for the community and must of all good ICOs have good resources like hiring good bounty campaign managers who's rank are higher like hero and legendary members.
Bad ICOs are managed by random people like Newbies and Jr Members...
I usually check which reputable company is in partnership with the ICO if the company is well established one then I will invest in the ICO,
I will also check their whitepaper and how experienced is their assembled team of expert and I find out if the project of the ICO is related to blockchain technology I.e decentralized.
I will also check their whitepaper and how experienced is their assembled team of expert and I find out if the project of the ICO is related to blockchain technology I.e decentralized.
If you're investing, you must know the ICOs' team or developers and members because good ICOs have good companies.
If you're going to participate bounty campaigns, good ICOs or bounty campaigns are managed by good bounty campaign manager which is higher ranked member like senior, hero or legendary members, otherwise, when they're managed by newbies and junior members then higher possibility they are scams.
Good ICOs have good resources otherwise you fall into scam ICOs.
If you're going to participate bounty campaigns, good ICOs or bounty campaigns are managed by good bounty campaign manager which is higher ranked member like senior, hero or legendary members, otherwise, when they're managed by newbies and junior members then higher possibility they are scams.
Good ICOs have good resources otherwise you fall into scam ICOs.
Hope the smart way to know if the ICOs is legitimate or not is to research that certain coin reading their whitepaper, website, development team and their business vintage. Most of the ICOs are scam which is new to business and in crypto world as well. For this you need to research every aspect before investing or thinking of doing any business.
I see only one option, to look at partners, if among them famous people, then you can take risks, well, on customers too, maybe among them there are popular companies ...
To check whether this is a good project for investment, you need to study the project, read all its documentation, learn news about it, realizing that you can trust the development team.
First thing is to read their website and see if it looks good and legit or not if the white paper is good and well written then we should check their website and check if they really did the proper work on creating that website and last thing is we should check the team which is behind that project if they are good people and can make that project successful then only join that ICO. If you see anything suspicious then I will recommend you not to join them.
I usually study all available project documents. Then I look for information about the team, previous experience and past projects. For me, the team's reputation means a lot when choosing ICO for investment.
Do a serious background check on the team, check whether it has a working prototype and also roadmap
Only but a fee knowledge i have about identifying real ICOs that which is checking on the team of the ICO if they are real project admins,you check on there profile. the website too can also if you and incite of what they are into,if they have a runing project to back up there ICO,these little information can help.
it is necessary to understand that if someone has already undertaken to engage in fraud, then he will improve his activities so that no one suspects about it. Therefore, it is better to pay attention to more precise selection criteria. I would advise you to pay more attention to the Chinese and the company. I have more confidence in them.
I think that the first and the most important thing to consider is real, useful, well-known projects in which the founders took part. It is the cornerstone of any ICO.
Only but a fee knowledge i have about identifying real ICOs that which is checking on the team of the ICO if they are real project admins,you check on there profile. the website too can also if you and incite of what they are into,if they have a runing project to back up there ICO,these little information can help.
The purpose of a legitimate ICO is to kickstart a project into fully scaled development with venture capital or private investing. In order to do this, the organization should have some form of developmental or product timeline that you can compare to other organizations and see if their benchmarks make sense.
The more transparent and open to the community a project is — the more likely they are to be viable.
Realize that even if a blockchain startup passes all of these tests, it doesn’t mean for certain that they aren’t trying to scam investors out of their money.
It also definitely doesn’t mean that they will be successful; blockchain is still a risky space with lots of technical challenges, so no one is a guaranteed success. But if you are the bullish type who is looking for the next Bitcoin, make sure to check all your bases for you make your investment.
The more transparent and open to the community a project is — the more likely they are to be viable.
Realize that even if a blockchain startup passes all of these tests, it doesn’t mean for certain that they aren’t trying to scam investors out of their money.
It also definitely doesn’t mean that they will be successful; blockchain is still a risky space with lots of technical challenges, so no one is a guaranteed success. But if you are the bullish type who is looking for the next Bitcoin, make sure to check all your bases for you make your investment.
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