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Topic: So many new ICO, how to check if it's scam? - page 28. (Read 14858 times)

newbie
Activity: 105
Merit: 0
December 27, 2017, 04:31:11 PM
The only thing you can do is to research.

Look into the white paper, the team and the concept. Ask questions on their thread and get involved in the bounty campaigns. Once you feel comfortable then maybe think about investing. There is no rush and it is better to be happy with your investment than regret it.
member
Activity: 630
Merit: 14
December 27, 2017, 02:46:07 PM
That's how much I watch for ICO, this picture is drawn. Good cap on ICO reach those companies that have famous people in the team, who have worked in well known companies, sometimes the idea of the project itself is bad, but due to the authority of the team the project is in demand. The second component is the partners of this project, if among them there are famous names, this too plays a significant role
I think that first of all it is necessary to make a blacklist of people who are developers of a particular platform or project. To date, there are cases where the company was not only a failure, and similar to fraudulent work, but at the same time, developers are taking on other projects, and present new ico companies. With these you need to fight.
full member
Activity: 196
Merit: 101
December 27, 2017, 02:27:47 PM
It is necessary to check the previous work of the ICO project team. Also need to check the official documents of the project.
full member
Activity: 392
Merit: 100
December 24, 2017, 12:47:05 PM
These are afew things to check investing if they have product, read whitepaper, roadmap and their and know their marketing stratege. These way you can have an input if their project is scam.

full member
Activity: 476
Merit: 100
December 24, 2017, 12:29:44 PM
That's how much I watch for ICO, this picture is drawn. Good cap on ICO reach those companies that have famous people in the team, who have worked in well known companies, sometimes the idea of the project itself is bad, but due to the authority of the team the project is in demand. The second component is the partners of this project, if among them there are famous names, this too plays a significant role
full member
Activity: 448
Merit: 100
December 22, 2017, 05:03:13 AM
First and foremost, you need to look at the team and that it offers something new to the market Yes it was good ,but the feasibility of this task ,or is it at the moment, supernatural .So many factors affect the successful ICO
newbie
Activity: 20
Merit: 0
December 22, 2017, 03:45:37 AM
YOu have to do some research. Why they are creating it, what features does it have.Check the team that is working on it. Try to get in touch with the Devs.
member
Activity: 102
Merit: 14
December 22, 2017, 03:41:49 AM
I think the best way to find out if ICO is a scam. Is to check their campaign manager and thier past campaign that they hold so that you can trust thier newly made campaign. And in that way you can say that you have a great decision join thier campaign.
full member
Activity: 434
Merit: 100
December 21, 2017, 08:54:26 PM
The best advice that I got is to check the team of the project. Check each of them with all their background and if they have experiences on this blockchain field so leave if they worked from fields that are very unrelated.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
December 21, 2017, 08:43:23 PM
At the end of the day your investments long term performance is entirely dependant on the ability and honesty of the people behind the project. Never invest if you can't confirm the people behind the projects integrity from multiple different sources.
member
Activity: 364
Merit: 10
December 21, 2017, 08:33:40 PM
Read the whitepapers, check and research the team.

i think that's not enough.
My way is we need to find is this ICO is exist on youtube or we also see some review (if some people have a good reviews about it at Youtube) it will be a good one and of course i will participate
full member
Activity: 420
Merit: 103
December 21, 2017, 08:30:39 PM
There are 3 ways of determining a good ICO:
1. Choose ICO from known and reputable manager.
2. Do you own research. There are existing threads here that talks about good ICOs and there are recommendations there.
3. Read the whitepaper of the ICO. You may find some hints of inauthenticity there.
member
Activity: 238
Merit: 10
December 21, 2017, 08:25:27 PM
Read the whitepapers, check and research the team.
PeZ
sr. member
Activity: 297
Merit: 250
December 21, 2017, 08:20:31 PM
Assume it's a scam until proven otherwise.  Grin
full member
Activity: 238
Merit: 100
December 21, 2017, 07:28:42 PM
Its crazy how many new ICO's are popping up each day. There are more and more scams among the few legit ones. Its hard to distinguish the two because the scams are adapting fast and sometimes put a lot of effort in to cover up that they are scams. They act very professional. Thats very dangerous for investors, because they are easily tricked by this.
Its always good to have some filters to find out whats a scam and what now. Personal due dilligence is very important. In the end its most important to accumulate some experience with researching ICO's and following your instincts when making a decision, this most of the time turns out to be the best way to decide wether to invest or not.
full member
Activity: 602
Merit: 104
December 21, 2017, 04:15:58 PM
it's very difficult to check ICO good or scam
if you can find, then it is often difficult to participate, tokens are bought up in the first minutes.
member
Activity: 196
Merit: 10
December 21, 2017, 01:42:42 PM
Find what the developer's previous track record,read whitepaper,search the product and use of the coin our daily lives,investors,and community's feedback.
full member
Activity: 308
Merit: 100
December 21, 2017, 01:31:12 PM
Hes, now there are a lot of scam ICOs.  I advise you to participate in no more than 1 project once a month or two months. And spend the rest of the time carefully studying and selecting projects.
member
Activity: 71
Merit: 10
Truegame
December 21, 2017, 09:50:52 AM
Research is always the best way to go. Do your own research, see what other people have to say about it.
member
Activity: 168
Merit: 10
Open and Transparent Science Powered By Blockchain
December 21, 2017, 09:44:32 AM
Most of the time it's hard to tell if an ICO is a scam, but you can see if the team is a fraud, whether it's been working on blockchain technology before, whether it's open source.
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