Topic: So many new ICO, how to check if it's scam? - page 29. (Read 14816 times)
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.
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.
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.
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.
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
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.
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.
It's just research I am afraid, learning what should be there and what shouldn't be.
One advantage to having a lot of ICO's is that you are able to look into another one if you find one red flag. It is slowly dragging up the standards of ICO's
One advantage to having a lot of ICO's is that you are able to look into another one if you find one red flag. It is slowly dragging up the standards of ICO's
Read the whitepapers, check and research the team.
Assume it's a scam until proven otherwise. 
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.
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.
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.
if you can find, then it is often difficult to participate, tokens are bought up in the first minutes.
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.
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.
Research is always the best way to go. Do your own research, see what other people have to say about it.
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.
The ICO project site should be perfect. All links and buttons should work on the site. Links to team members should lead to real people, this needs to be rechecked. Ideally, this is if the company existed long before the ICO.
Yes, there are a lot of scam among the new ICO projects. A good project can be found if you study the team, idea and other documents. You can even contact the team and find out the details. Find a really good project possible.
You got to do your due diligent checks and research on the ICO you are interested in, study their whitepaper and understand more about the project. This will lower the chances on investing on a scammed ICO.
Look at the project as a shit and look for it in all the shortcomings. In a team, in ideas, in white paper ...
These are afew things to check before investing:
1. whitepaper and roadmap reality
2. team solid or fake
3. soft/hard caps
4. token value
5. website available - any information?
1. whitepaper and roadmap reality
2. team solid or fake
3. soft/hard caps
4. token value
5. website available - any information?
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