It's hard to tell wether an ICO lies or not. They are able to provide few papers in order to attract investors. Lately, I have been one of the members of sebeum that did not received any incentive for three weeks. I don't know if the manager was to blame or the founder of creator of the ICO himself. Very disappointing that there are ICOs like these.
In order to avoid things like this, let us be more observant. There are lot of scammers today.
Topic: what if ico lie - page 2. (Read 705 times)
thank you for your suggestion is enough to help me, so the conclusion is
1. we have to choose ICO that looks is developing.
2. we should ask or see more detail about ICO that we will follow.
3. See how many people follow ico.
4. we should be able to consider it.
Is this really like that?
1. we have to choose ICO that looks is developing.
2. we should ask or see more detail about ICO that we will follow.
3. See how many people follow ico.
4. we should be able to consider it.
Is this really like that?
I guess there's nothing we can do. A project called ethbooks investing around $ 10 million fled without paying the money
if i get fooled by ico, maybe i'm still not smart to choose ico, you can report it, in fact if you are smart to choose ico, you will not be fooled. before joining ico we can see their white paper
That's meen that is scam, and you don't have anything to do, you should choose carefully the projects that you went participate in that's all that you can do.
If there is ico who does not pay what will you do?
Move on and find another ICO that's legit and with hopes that you won't be scammed again. Why not make a background check of their developers first? Look do some research of their profile if they're really legit including their website and most of all, their White Paper.
Altcoins have many scammers and fraudsters, you need to be cautious, that's why its recommended that you look into ICO's via whitepaper viewing and website browsing to make sure it's legit.
there are too many ICO's so it's possible that there is scam.
The question is what if they will get all ethereum then escape.
They will give you token with smart contract but if their token is just a shit?
They will give you token with smart contract but if their token is just a shit?
There is good and bad.
I really do beleive that 99% of ICO's have good intentions.
Bad planning makes them fail - nothing else.
If there is ico scam, where can I report it? Will there be any special action?I really do beleive that 99% of ICO's have good intentions.
Bad planning makes them fail - nothing else.
Well you would lose the money you sent. That's why you have to be very careful doing your research before you actually decide to invest...
There is nothing much you could do if you get scammed by an ICO but just move on.
The thing is when they are gone, you cannot do anything even the management here. They could only remind us and provide tips for us on how to prevent such event. Base on experience and on my readings related to this topic, it mostly happened when they fail to reach their target. The point is they have the power and freedom to do so but you also have the power and freedom to determine if such event could happen thus, preventing to be lied. The key is to be observant and not be the type of person that just joined and follow rules and wait.
Unfortunately with this kind of open environment, anyone could be a developer without any legal consequences
I hope there will be some legal contract or something, a contract between Developer Team and Bitcointalk management to have an agreement before posting anything here, to make sure everything is in place
I hope there will be some legal contract or something, a contract between Developer Team and Bitcointalk management to have an agreement before posting anything here, to make sure everything is in place
If there is ico who does not pay what will you do?
just have a look at montha. they made good marketing and scamed investors. but the community believes in them. so u will get some money back if u will be scamed. icos are risky.
If there is ico who does not pay what will you do?
We can't do anything this is why we should only invest in ICOs that have some trusted person in middle as escrow. If devs will not came up with what they have promised during ICO, escrow can delay release of the ICO funds to developer team.
If there is ico who does not pay what will you do?
I think they will payment give you money if ico is really successful or if ico is failure does not pay, I don't care it.
Now most of the ico are deceptive, we carefully invest it I've lost a lot.
This thread means something to me because the very first ICO I joined is Tangerine Exchange by Mandarin. The ICO started from August to September and until now their tokens (TNG) still not exist in any exchange. So, what else we would think about it? Though we wasted time for the ICO and hoping their success but we receive nothing but tokens that are absolutely useless.
Yes, some ICOs lie.
Yes, some ICOs lie.
what if a business is a lie? what if you go to e.g. ebay and buy something but it never arrives? do your research and look at the whole picture and then make a choice, if you do not do research then you are taking a risk!
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