Pages:
Author

Topic: When Do you realize a Crypto project is scam or Fraud? - page 12. (Read 7822 times)

hero member
Activity: 2744
Merit: 588
from my experience I usually see from their roadmap if it is not as planned, I will try to ask the team directly sometimes they have funny reasons for example to register to the exchange the reason most often found is they are waiting for good market conditions, and after good market conditions the project still does not implement it and it has been 100% scam and can also be seen from their community on social media whether it contains genuine people or fake people because I am often deceived by the number of people in their community, differentiating fake and genuine people from their activities in the community if you are quiet of questions or chat you must be vigilant

To add also, most of the crap projects have generic content of roadmap, whereas, the authentic ones have detailed items listed on their roadmap.
You can also see how each item is being completed. And they have straightforward answers when you try to inquire about those items.
Also, you can see their company registration on their website itself if they are running legit or you can look for it on their wp.
full member
Activity: 566
Merit: 107
from my experience I usually see from their roadmap if it is not as planned, I will try to ask the team directly sometimes they have funny reasons for example to register to the exchange the reason most often found is they are waiting for good market conditions, and after good market conditions the project still does not implement it and it has been 100% scam and can also be seen from their community on social media whether it contains genuine people or fake people because I am often deceived by the number of people in their community, differentiating fake and genuine people from their activities in the community if you are quiet of questions or chat you must be vigilant
hero member
Activity: 2366
Merit: 504
At a point the team start given excuses to abide by what they promised to do or stop communicating with the community then I can sense the project is scam. How do you determine a project is gone bad and won't fulfil it promise? What criteria do you use ? or you wait for years thinking all will be well ?
If that was running by an unreputable person, I will only trust a platform that tries to develop a platform that makes sense. You should read the concept and think about the possibility of it. If you feel a little bit difficult to determine it and then i suggest you to try to use icodrop as your reference because that's having a big community that was putting high criteria to put ico into the icodrop list.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
At a point the team start given excuses to abide by what they promised to do or stop communicating with the community then I can sense the project is scam. How do you determine a project is gone bad and won't fulfil it promise? What criteria do you use ? or you wait for years thinking all will be well ?
Maybe if they keep promising for almost two years now and yet their coin has still no value. If its a bounty token then you can’t do anything aside from waiting but if there’s no progress at all then you have to forget about that token because its useless to keep asking about the exchange listing. If they stopped communicatin then its a clear sign of a scam or failed project.
newbie
Activity: 42
Merit: 0
Ofcourse, you can immediately know that the said project was a scam or fraud by its unusual way of running it and its platforms are unclear just like its promises to its holders. You can also make a research about the project so you are about to get informed or be warned that your target project is just a scam so your time won't be wasted. I can recommend you some project that works really well like Dencoin, Bitcoin and the Ethereum.
member
Activity: 490
Merit: 10
At a point the team start given excuses to abide by what they promised to do or stop communicating with the community then I can sense the project is scam. How do you determine a project is gone bad and won't fulfil it promise? What criteria do you use ? or you wait for years thinking all will be well ?
Pages:
Jump to: