to be honest it is impossible to be 100% sure if its scam even you know hose people personally it can turned into disaster at end.
To minimalize risk try call to them, ask i email. Contact with their advisors that may lost reputation by joining their party.
Topic: So many new ICO, how to check if it's scam? - page 32. (Read 14858 times)
I see the idea behind the project, the more innovative and unique it is, more chances that the ICO will be success.
The team behind the project also very important regarding this appraisal that is the project scam or worth to invest. I suggest that never rely on websites that rate ICOs. Always assess the project by your self. Read the white paper for the project understanding.
The team behind the project also very important regarding this appraisal that is the project scam or worth to invest. I suggest that never rely on websites that rate ICOs. Always assess the project by your self. Read the white paper for the project understanding.
Fortunately there are many specialized websites in this business model that are continuously monitoring the different ICOs. It is not enough to visit the websites of the ICOs, it is necessary to check the opinions of other analysts to obtain a better overview, and for that it is very easy to obtain all the available information with a simple Google search.
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...
and even the websites use the same template...
but so many new ICO, how to check if it's scam, or worth to invest...
Man this is how free market works.
People wanted ICO not PRODUCTS so they have been paying 20x for ICOs price.
Now free market give you 20x ICO at ICO price at best.
this system tries to find ballance
now we had massive BTC pump so more ICOs will come.
Plenty of ICO's available like hot cakes. It's out key task to verify about the ICO with a research.
Info about the Dev team is not released, it is better not to consider looking it.
We have to take a headshoot on Google about any such fake profiles or Sammy.
To be added there should be a good customer support.
Info about the Dev team is not released, it is better not to consider looking it.
We have to take a headshoot on Google about any such fake profiles or Sammy.
To be added there should be a good customer support.
I think the best way is to look for the company background. Key points to ask about would be: 1. Reputed market existence 2. Solid Road map 3. Detailed whitepaper 4. Block-chain technology etc.
Above all you should research thoroughly before investing in any ICO.
Above all you should research thoroughly before investing in any ICO.
I joined a few ICO and made some investment to those that already has existing product or service. I think the risk is lower with those. I would say do a lot of research but some of the scam ICO seems legit at the beginning.
Its hard to check, but there are a ICO called Bitair they are advertising aggrasive with adsense, they are scam, the dev very greedy all of you should becareful
Everybody say the same thing here but who send money to fake ICO's then?
If everybody do their own research these scammers shouldn't raise so much money.
If everybody do their own research these scammers shouldn't raise so much money.
The first you should check whitepaper clearly and carefully. After that, try to connect with the team to give them your questions. If everything is fine, let invest.
Cheek the withpeaper and the escrow
I usually if I want to see if ico is good to follow or not ,,, I will read his whitepaper ,, I will visit his website ,,, I will find out in his social media whether there is any smallest comment stating that ico is not good ,,
Look for articles related to ico on communities like bitcointalk, reddit, where you can find people's responses from which you can give your opinion as good or bad.
I think we need to clarify that ico is not 100% risk but maybe around 90%. If you say 100% means all of them are scam.
As i know that there is any ico with good planning and nice developer. So not all them are risky. But just do your own research before investing.
As i know that there is any ico with good planning and nice developer. So not all them are risky. But just do your own research before investing.
Hoping there'll be a trusted website in the near for filtering and segregating suspicious Scam ICOs from the promising ones 
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.
Agree with you. Sponsor is important. They have people to jugde that ICO bad or good. So we can beleive in them.Yes, we can look at the advisors. If they are famous people like Vitalik Buterin,.. I think this project will succeed
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.
Agree with you. Sponsor is important. They have people to jugde that ICO bad or good. So we can beleive in them. 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...
It seem very hard to choose the right one though they have new idea. and even the websites use the same template...
but so many new ICO, how to check if it's scam, or worth to invest...
So far, i never invest in altcoin ico, actually i buy altcoin when its listed in market.
It is very difficult to realize which ICO is a scam. However, you can ask yourself some questions to understand about ICO:
1. What is the target of this project?
2. What does project do to solve problems?
3. Is it necessary to apply blockchain system?
4. What are devs experiences?
1. What is the target of this project?
2. What does project do to solve problems?
3. Is it necessary to apply blockchain system?
4. What are devs experiences?
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...
and even the websites use the same template...
but so many new ICO, how to check if it's scam, or worth to invest...
Research is always the best weapon against this fraudulent activities or fake ICO's. I usualy look at their website to find anything suspicious. First read their whitepaper, and roadmaps. Posting here might help you as well, coz the community discusses about those specific fake ICO's. Participating in ICO's will cost u a lot of risk coz there might be a good project but it never guaranteed its success, its not the only fake ICO's that creates more risk, but knowledge and know-how will save you a bit.
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