What project is scam? - page 3. | Bitcointalksearch.org

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: J-No on March 06, 2018, 11:37:00 AM

I would estimate at least half of projects I have seen people screaming scam at, are just failed projects which started with good intentions.

How is that different from any startup in Silicon Valley? Most of those fail, but they are not scams.

Screaming scam is as fashionable in crypto as self diagnosed "gluten intolerance" is in the real world.

Absolutely agree. If a project fail it does not mean it's a scam

J-No

newbie

Activity: 18

Merit: 0

I would estimate at least half of projects I have seen people screaming scam at, are just failed projects which started with good intentions.

How is that different from any startup in Silicon Valley? Most of those fail, but they are not scams.

Screaming scam is as fashionable in crypto as self diagnosed "gluten intolerance" is in the real world.

rainaz

newbie

Activity: 49

Merit: 0

i think airdrop project = 9/10 scam Roll Eyes

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: zhangcaisbsbn55 on March 06, 2018, 04:45:28 AM

Quote from: aleksandra_kickcity on February 14, 2018, 08:59:12 AM

You can't always be sure if a project scam or not. But I decided to make a list of steps every newbie should cross before investing a project Shocked

Step 1 - you need to visit a website. You need to make sure there is white paper, team, advisors and links to social networks (a project without this information can't be trusted);

Step 2 - you need to read a white paper carefully. Pay your attention to the idea, concept and realization;

Step 3 - check out all social networks and blogs. If the project is alive there should be regular updates;

Step 4 - you need to contact the team. The feedback is very important thing. If the team doesn't answer you it is a bad sign;

Step 5 - join this project community (telegram chat or btctalk tread). There should be 24/7 communication;

Step 6 - google information about the project. Read articles about the project, try to find team interview and events they recently visited. It is good if a company exists for a couple of years, has its history and generates revenue;

Step 7 - read information about advisors. If advisors have a good reputation and they have their successful projects.

Here are good developed communities examples:

https://t.me/kickcity_chat
https://t.me/matchpool

If you have you ideas please share. Let's make crypto community safe together! Wink

Thanks for your sharing and I think I will benefit from it.

I'm glad you like it

zhangcaisbsbn55

member

Activity: 308

Merit: 10

Quote from: aleksandra_kickcity on February 14, 2018, 08:59:12 AM

You can't always be sure if a project scam or not. But I decided to make a list of steps every newbie should cross before investing a project Shocked

Step 1 - you need to visit a website. You need to make sure there is white paper, team, advisors and links to social networks (a project without this information can't be trusted);

Step 2 - you need to read a white paper carefully. Pay your attention to the idea, concept and realization;

Step 3 - check out all social networks and blogs. If the project is alive there should be regular updates;

Step 4 - you need to contact the team. The feedback is very important thing. If the team doesn't answer you it is a bad sign;

Step 5 - join this project community (telegram chat or btctalk tread). There should be 24/7 communication;

Step 6 - google information about the project. Read articles about the project, try to find team interview and events they recently visited. It is good if a company exists for a couple of years, has its history and generates revenue;

Step 7 - read information about advisors. If advisors have a good reputation and they have their successful projects.

Here are good developed communities examples:

https://t.me/kickcity_chat
https://t.me/matchpool

If you have you ideas please share. Let's make crypto community safe together! Wink

Thanks for your sharing and I think I will benefit from it.

Lama_in_da_house

newbie

Activity: 38

Merit: 0

Useful tread! Thank you!

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: Eddyc on February 28, 2018, 07:40:59 AM

Quote from: aleksandra_kickcity on February 14, 2018, 08:59:12 AM

You can't always be sure if a project scam or not. But I decided to make a list of steps every newbie should cross before investing a project Shocked

Step 1 - you need to visit a website. You need to make sure there is white paper, team, advisors and links to social networks (a project without this information can't be trusted);

Step 2 - you need to read a white paper carefully. Pay your attention to the idea, concept and realization;

Step 3 - check out all social networks and blogs. If the project is alive there should be regular updates;

Step 4 - you need to contact the team. The feedback is very important thing. If the team doesn't answer you it is a bad sign;

Step 5 - join this project community (telegram chat or btctalk tread). There should be 24/7 communication;

Step 6 - google information about the project. Read articles about the project, try to find team interview and events they recently visited. It is good if a company exists for a couple of years, has its history and generates revenue;

Step 7 - read information about advisors. If advisors have a good reputation and they have their successful projects.

I would like to congratulate you for the information and concepts shown in your topic, but despite following all these steps we know that we can come across a scam, there are sophisticated means that can fool everyone and even experienced investors. Particularly, by adding step 8- Flexibility in the informative readings, the security is almost perfect.

This is just red lines. Like, the most important factors

Eddyc

sr. member

Activity: 1020

Merit: 391

Quote from: aleksandra_kickcity on February 14, 2018, 08:59:12 AM

You can't always be sure if a project scam or not. But I decided to make a list of steps every newbie should cross before investing a project Shocked

Step 1 - you need to visit a website. You need to make sure there is white paper, team, advisors and links to social networks (a project without this information can't be trusted);

Step 2 - you need to read a white paper carefully. Pay your attention to the idea, concept and realization;

Step 3 - check out all social networks and blogs. If the project is alive there should be regular updates;

Step 4 - you need to contact the team. The feedback is very important thing. If the team doesn't answer you it is a bad sign;

Step 5 - join this project community (telegram chat or btctalk tread). There should be 24/7 communication;

Step 6 - google information about the project. Read articles about the project, try to find team interview and events they recently visited. It is good if a company exists for a couple of years, has its history and generates revenue;

Step 7 - read information about advisors. If advisors have a good reputation and they have their successful projects.

I would like to congratulate you for the information and concepts shown in your topic, but despite following all these steps we know that we can come across a scam, there are sophisticated means that can fool everyone and even experienced investors. Particularly, by adding step 8- Flexibility in the informative readings, the security is almost perfect.

btcbabhh

full member

Activity: 307

Merit: 100

The first thing to look at is the project team. The project team must be reliable, honest and experienced. See the project's social media accounts. If the accounts are current and active, we know that the team is hardworking. It provides us with information on the white paper progeny product. Ico rating sites are important.

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: OlinEmerson on February 28, 2018, 02:19:09 AM

Quote from: aleksandra_kickcity on February 14, 2018, 08:59:12 AM

You can't always be sure if a project scam or not. But I decided to make a list of steps every newbie should cross before investing a project Shocked

Step 1 - you need to visit a website. You need to make sure there is white paper, team, advisors and links to social networks (a project without this information can't be trusted);

Step 2 - you need to read a white paper carefully. Pay your attention to the idea, concept and realization;

Step 3 - check out all social networks and blogs. If the project is alive there should be regular updates;

Step 4 - you need to contact the team. The feedback is very important thing. If the team doesn't answer you it is a bad sign;

Step 5 - join this project community (telegram chat or btctalk tread). There should be 24/7 communication;

Step 6 - google information about the project. Read articles about the project, try to find team interview and events they recently visited. It is good if a company exists for a couple of years, has its history and generates revenue;

Step 7 - read information about advisors. If advisors have a good reputation and they have their successful projects.

Here are good developed communities examples:

https://t.me/kickcity_chat
https://t.me/matchpool

If you have you ideas please share. Let's make crypto community safe together! Wink

thankyou for posting this this is quiet useful info for a newbie like my self

welcome

konco kereng

jr. member

Activity: 105

Merit: 2

information is very interesting and at this time I just found out that many steps that must be done to know the project is a scam or not,
and I think this is something I should look at to help my work in choosing a project, in addition I will bookmark this link for an interest in my work.
thank you for your information and hopefully many people who helped with the topic that you created it.

OlinEmerson

newbie

Activity: 132

Merit: 0

Quote from: aleksandra_kickcity on February 14, 2018, 08:59:12 AM

You can't always be sure if a project scam or not. But I decided to make a list of steps every newbie should cross before investing a project Shocked

Step 1 - you need to visit a website. You need to make sure there is white paper, team, advisors and links to social networks (a project without this information can't be trusted);

Step 2 - you need to read a white paper carefully. Pay your attention to the idea, concept and realization;

Step 3 - check out all social networks and blogs. If the project is alive there should be regular updates;

Step 4 - you need to contact the team. The feedback is very important thing. If the team doesn't answer you it is a bad sign;

Step 5 - join this project community (telegram chat or btctalk tread). There should be 24/7 communication;

Step 6 - google information about the project. Read articles about the project, try to find team interview and events they recently visited. It is good if a company exists for a couple of years, has its history and generates revenue;

Step 7 - read information about advisors. If advisors have a good reputation and they have their successful projects.

Here are good developed communities examples:

https://t.me/kickcity_chat
https://t.me/matchpool

If you have you ideas please share. Let's make crypto community safe together! Wink

thankyou for posting this this is quiet useful info for a newbie like my self

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: yareklamator on February 20, 2018, 05:08:01 PM

About Step 4
It is important not just to try to communicate with the team. It is important to know by 99% who they are, what they know and can. What an experience, how old are they. What kind of education they received. If I see 20-year-old children, I will not look any further and read nothing.

In my opinion, the team can have several young people, but not many. And if this young man is a leader, then he must be a genius. But this is rare.

Most of the teams are young. The age shows nothing, to be honest. What is more, in IT industry young specialists are the best

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: diezych on February 20, 2018, 06:14:41 PM

My detective post about one potential scam is here https://bitcointalksearch.org/topic/annico-asseta-ico-potential-scam-and-fraud-2980740. You can go through it to see examples how to detect fraud.

Thank you for sharing this information

diezych

member

Activity: 173

Merit: 28

My detective post about one potential scam is here https://bitcointalksearch.org/topic/annico-asseta-ico-potential-scam-and-fraud-2980740. You can go through it to see examples how to detect fraud.

yareklamator

member

Activity: 154

Merit: 10

Magic is real

About Step 4
It is important not just to try to communicate with the team. It is important to know by 99% who they are, what they know and can. What an experience, how old are they. What kind of education they received. If I see 20-year-old children, I will not look any further and read nothing.

In my opinion, the team can have several young people, but not many. And if this young man is a leader, then he must be a genius. But this is rare.

CryptRoller

member

Activity: 336

Merit: 15

Mining. Hosting. Cloud Mining.

What is nice about this list is that it will help you recognize good ICO's most of the time.
It is better to learn how to recognize the good ones. The bad ones will be filtered out then.

Omnia Vanitas

newbie

Activity: 110

Merit: 0

This is a good list, thank you for your work; but - if you have the intention to put some serious money in an ICO, this is just the beginning.
So, made you research and don't forget that many ICO promoter are good marketer and know how to make attractive presentations...

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: OdinsPlayground on February 17, 2018, 10:01:29 AM

I doubt many would actually contact a team before investing. And if a big project... I can understand if they are slow at answering mails etc as well. But being active on social media and answering people on telegram / twitter is a good sign of someone being professional.

There should be the feedback. I don't understand why some projects ignore it

cuo

full member

Activity: 560

Merit: 185

Quote from: Road445 on February 16, 2018, 12:09:35 PM

Most of the time, you should avoid the Russian and European ICO projects.
Because the ICO projects in both areas are mostly a fraudulent project, they need to be more cautious.

I think it depends on our analytical skills, because I'm sure, there are still many people who are fooled by the ICO scam easily because of poor analytical skills

Topic: What project is scam? - page 3. (Read 855 times)