Verified twitter, telegram account is the strong point for a new project?

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Quote from: Jocuserious on July 03, 2023, 01:58:18 PM

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

It's a basic thing a project should start with. There might be successful projects without verification or unverified community pages but they were either early or are exceptions.
Getting a verification does not actually add significant advantage to being trusted. Trust is built through transparency and delivering on promise. For something that has recently started, you need a mega idea with mega promotions and a good roadmap to get success in initial funding. Further funding depends on how you perform.

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Quote from: Jocuserious on July 03, 2023, 01:58:18 PM

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

No. It just means they can afford it. And I don't think a project that can't even afford a 100 dollar and a decent design for their website could deliver anything.
It's a bias but it works. It doesn't mean that every projects with a tick are legit, but it's considered a plus thing by the general investors.
When it comes to investing, the investors need to do a thorough research and analysis and set their strategy.
So, get the tick if you wants to portray as a serious project.

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Quote from: Jocuserious on July 03, 2023, 01:58:18 PM

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Nothing is guaranteed as far as crypto project is concerned due to it non regulation there are lot of project that look legitimate based on their verified socal media platform yet ended up as scam. I personally participated in one of such project on 2018, they perfected their social platform especially telegram where a moderator is always online to answer any enquires, they also have a top high ranked member of this forum as their bounty campaign manager, they run their promotion virtually in all the social media, however in the run after collecting fund through their ICOs they disappeared into thin air consequently scammed investors their hard earn money the best bet is to invest with what you can afford to lose.

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Quote from: ichsan ardi on December 03, 2023, 02:34:03 PM

Actually, we can't be 100% confident that the project is legitimate because on average all projects use this, such as verified on Twitter and Telegram. I have joined projects several times, on average, I use verified between the two, maybe both of them help them to notify updates to the project community. and we have to be careful in choosing projects that ask for that

Yes, not all 100% verified badges on social media are for real. They can easily be claimed and bought because it's a feature that you just need to pay and you get that verification confirmation of having that badge. Aside from that, this is another way for the new projects to get verified without having to launch the project, a real project. As long as you have money to pay for the monthly subscription, you'll be thought that you are a legit one.

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Quote from: Jocuserious on July 03, 2023, 01:58:18 PM

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Actually, we can't be 100% confident that the project is legitimate because on average all projects use this, such as verified on Twitter and Telegram. I have joined projects several times, on average, I use verified between the two, maybe both of them help them to notify updates to the project community. and we have to be careful in choosing projects that ask for that

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Quote from: yhiaali3 on July 28, 2023, 10:12:12 PM

Verifying social accounts of upcoming projects such as Twitter, Telegram, Facebook...etc. can be a strong indicator, but it is not sufficient to ensure the credibility of the project.

Professional scammers know the impact of this point on subscribers, so they work to verify their accounts by paying some money to attract investors.

Scammer will try to verify first all of their social media accounts because it can be good approach to get attention of the investors, Verification of social accounts was too difficult even in two years ago, Now it’s very easy to verify because it’s one kind of subscription to paying some dollars in every month, So now it can't be a good indicator to detect a new strong project.

Mehedi72

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Quote from: TastyChillySauce00 on July 28, 2023, 09:08:10 PM

Scammer can buy blue tick. This is the main problem when people were trusting the verified twitter with blue tick. The minimum requirement must be yellow tick. It has been awarded into the project that fully verified by twitter. It will be stupid if people were believing in the blue tick project.

actually blue tick wasn’t available for money before, neither for Twitter facebook nor telegram. For verification, a person needed to be real and need to gave real documents for verification. That's why people simply Trust blue tick sign account as real. But due to elon musk business policies, bule tick account can't be trusted anyomore. Otherwise people may victim of scammers on such Social platforms

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Quote from: JahriMeayer on August 04, 2023, 01:25:16 PM

Before elon musk hand over the Twitter, personally i consider verified accounts are strong point for a project cause verify enhance our trust on the project and people always show interest due to verified profile. But now i Don't consider verified account as trusted cause it can be done with money. Documents are less matter now. Telegram also hasn’t fully started similar option but they make it easy for premium customer, what you need is just give them money. So dyor before invest, don't buy anything blindly only based on seeing verified blue mark

this is also the case with other social media platforms, even instagram is selling blue badge which used to be only for accounts thats verified. its massively disappointing since it means that these are no more sure way to ensure that the project itself is legit when some accounts only need to pay few dollars an they already got blue badge.
even scammers could easily shell out some money just to bait bigger fish, which is to act like as if they are legit.
nowadays i'd only trust a project if their account at least have yellow badge, or gold badge many would say, at least they are shelling out some additional money which i think not every scammers can do but most certainly i don't really trust these twitter profile accounts as an indicators nowadays.

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Quote from: Jocuserious on July 03, 2023, 01:58:18 PM

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Of course, verifying the project’s accounts on social media, such as Twitter or Facebook, or on popular communication applications, such as Telegram, does not indicate the legitimacy of the project or that an honest team is behind it. They can actually purchase a monthly or annual verified subscription for their Twitter account with ease in return for paying some money. As for Telegram, there are some uncomplicated conditions through which they can get their group or channel verified, so it is within everyone’s reach that even scammers can do and appear to their communities as official and legitimate, so we cannot rely on the verification mark for any project as there are a lot of other factors that show the reality of the project and its team.

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Quote from: Jocuserious on July 03, 2023, 01:58:18 PM

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

My opinion though, a verified social account does not prevent a project from scamming.
Matter of fact, anyone can verify their Twitter these days by paying the required fee.

JahriMeayer

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Before elon musk hand over the Twitter, personally i consider verified accounts are strong point for a project cause verify enhance our trust on the project and people always show interest due to verified profile. But now i Don't consider verified account as trusted cause it can be done with money. Documents are less matter now. Telegram also hasn’t fully started similar option but they make it easy for premium customer, what you need is just give them money. So dyor before invest, don't buy anything blindly only based on seeing verified blue mark

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Quote from: yhiaali3 on July 28, 2023, 10:12:12 PM

Verifying social accounts of upcoming projects such as Twitter, Telegram, Facebook...etc. can be a strong indicator, but it is not sufficient to ensure the credibility of the project.

Professional scammers know the impact of this point on subscribers, so they work to verify their accounts by paying some money to attract investors.

Yeah, I do agree, still depends on the project itself. And that's why many projects in the past being endorsed by celebrities turns out to be scam as early as 2017. And it seems that the cycle is just repeating itself, now this verified Twitter account are shilling for projects that we don't know might turn out to be a scam. I still remember John McAfee (RIP), who uses his account to really shill for projects and then he charge like $100k if I'm not mistaken. Although he is somewhat like a crypto influencer that time, and perhaps it was really very effective method as the project is willing to pay him that huge amount of money. And this trend is going to continue so we must exercise caution as to who's who in crypto space. Still up to us to investigate and not listen to this people. And just remember that this is our money, so make sure we invest on the right project.

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Verifying social accounts of upcoming projects such as Twitter, Telegram, Facebook...etc. can be a strong indicator, but it is not sufficient to ensure the credibility of the project.

Professional scammers know the impact of this point on subscribers, so they work to verify their accounts by paying some money to attract investors.

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Quote from: Mehedi72 on July 28, 2023, 02:08:26 PM

Scammers always trying to do something new, that will easily make people trapped cause old ways are almost know to all. People Don't click on links or download malware app nowadays (although newbies do). Now bluemark maybe available for eight dollar something on Twitter. So anyone can use blue mark by money. Telegram premium offering emoji that is similar to verified sign. So Don't follow those project blindly, google about them. Try to analysis, know them. Maybe discord can still help you to verify and analysis those project. So do analysis, don't trust blindly or You'll be scammed

Scammer can buy blue tick. This is the main problem when people were trusting the verified twitter with blue tick. The minimum requirement must be yellow tick. It has been awarded into the project that fully verified by twitter.

It will be stupid if people were believing in the blue tick project. It can be bought easily as long as scammers have a twitter account with minimum requirements to get blue tick.

Mehedi72

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Scammers always trying to do something new, that will easily make people trapped cause old ways are almost know to all. People Don't click on links or download malware app nowadays (although newbies do). Now bluemark maybe available for eight dollar something on Twitter. So anyone can use blue mark by money. Telegram premium offering emoji that is similar to verified sign. So Don't follow those project blindly, google about them. Try to analysis, know them. Maybe discord can still help you to verify and analysis those project. So do analysis, don't trust blindly or You'll be scammed

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Quote from: Jocuserious on July 22, 2023, 01:18:46 PM

Quote from: Nazmul012 on July 22, 2023, 12:29:10 PM

Why should you considered a project legit, based only seeing verified Twitter account? I know if a Project's Social media get verified, then they'll seems more realistic and trustworthy than others but nowadays that's Over! Cause scammers are applying various way to make you convince they are real and thus they'll fruad with you. So never invest with a project by seeing verified mark! Rather check project quality, community, developers as well as Others things that is important to check a legit project

Logically correct! However, there are many projects which despite having good management even cannot survive in the market because they do not care about investors. In fact investors will participate only when the rate is enticing and high rewards are offered. Moreover, i can see a lot of things that the donors of the project are avoiding as the reason for the decrease in the value of the token.

if they didn't survive and didn't care about their investors in general then i'd pretty much say that they are bad at management I mean, investors in every business and project should be number one priority since
they are the ones that gives power to the business and project so it could runs and grow smoothly. sacrificing some of the allocations for the sake of having angel investors are fine I guess, because simply put, without them, your project hardly even gonna suceed.
there are always something you should sacrifice for the sake of going further and giving offer to investors might be one way to sacrifice for the sake of moving forward, unless of course your project is truly bleeding edge.

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Quote from: Jocuserious on July 03, 2023, 01:58:18 PM

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

The fact that they verify their accounts does not protect you from scams. Even an audit of a smart contract does not mean that the project can now be trusted and you can freely send money to the address of this smart contract. It doesn't really matter if the account is verified or not, look at the project itself, its developers and the tokenomics of the project. Where the project is traded, who its main investors are. This will bring much more confidence than some social media accounts, even if they are verified.

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It is not true that only a verified account will be good. Now anyone could get their account verified on Twitter, you just need to pay a small fee, and it's not very expensive for scammers either. The supporting community plays a significant role in the success of a project; if the community is strong, the chances of the project's success increase. Besides, there are several factors that need to be evaluated before considering any project for investment.

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Quote from: Jocuserious on July 03, 2023, 01:58:18 PM

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

No buddy, It won't guarantee that a project has 100k followers in telegram and 100k member on telegram channel with verified icon that the project is legitimate or will not be a scam. Many projects that used to have huge communities have disappeared today. So, never do it because the project has more followers on Twitter or Telegram than it is trusted, so I invest. Followers and members can be bought and the money to buy these followers is nothing compared to the amount scammed by the projects. hope you understood the matter.

Jocuserious

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Quote from: Nazmul012 on July 22, 2023, 12:29:10 PM

Why should you considered a project legit, based only seeing verified Twitter account? I know if a Project's Social media get verified, then they'll seems more realistic and trustworthy than others but nowadays that's Over! Cause scammers are applying various way to make you convince they are real and thus they'll fruad with you. So never invest with a project by seeing verified mark! Rather check project quality, community, developers as well as Others things that is important to check a legit project

Logically correct! However, there are many projects which despite having good management even cannot survive in the market because they do not care about investors. In fact investors will participate only when the rate is enticing and high rewards are offered. Moreover, i can see a lot of things that the donors of the project are avoiding as the reason for the decrease in the value of the token.

Topic: Verified twitter, telegram account is the strong point for a new project? (Read 696 times)