Real ICOs & Scam ICO

[Domithra]

It has become a sad experience how ICOs of today are full of scam. The question is, how do we tell an ICO is real or scam? Let's be careful.

[okstefen]

Exactly my question.
My conclusion is that 99% of ethereuem based Token and ICO are fake.
The best alternative to look out for now lies in Decentralized Token and ICO not built on eth blockchain eg Wavedex based token. Fraud has not found it way there.

[Domithra]

Exactly my question.
My conclusion is that 99% of ethereuem based Token and ICO are fake.
The best alternative to look out for now lies in Decentralized Token and ICO not built on eth blockchain eg Wavedex based token. Fraud has not found it way there.

Its so sad to know how the ethereum based ICOs of late have become the field of scams. However, I don't know of the wavedex based tokens. I will have to conduct a series of research on that too

[Mendo Crypto]

Seriously though, I several people on Reddit speculating about whether or not the Tokia (TKA) ICO is a scam, but it seems legit enough to me. It can be very difficult to discern.

[aldavetheboss]

The demicoin (DEC) is a good example of a scam ICO. Those who invested in their ICO were swindled. They made outrageous claims such as their coin/token which they claimed was valued at $.75 would end up being worth $55.00 after their ICO late last year or towards end of December. But their website (demicoin.io) has been down since beginning of this year. Be careful in what you invest in when dealing with crypto. Make sure the whitepaper makes sense, and the project is viable.

[harimbadl]

get some free ethereum
The new ethereumkitties

Post your refferal and I'll make an account using yours. We both get free eth : D

https://aethia.co/welcome

3 referrals for a common egg (0.01 ETH) 10 referrals for a uncommon egg (0.05 ETH) 20 referrals for a rare egg (0.20 ETH) 50 referrals for a super rare egg (1.00 ETH) 100 referrals for an epic egg (5.00 ETH) 250 referrals for a mythic egg (20.0 ETH) 500 referrals for a legendary egg (100.0 ETH)

[w9b0x2]

I will start by checking their team profile on LinkedIn.

Is it a complete profile?
A profile without real photo or little information is yellow flag for me.

How long since they create their profile?
A new profile with only recent activity is yellow flag.

Are they competent enough for their project scale?
Not enough experience or not directly relate to the project is red flag.

How many connection they have?
A profile with few connection is yellow flag.

How many people and who is endorsing their skill?
A profile with very few endorsed is yellow flag.

[skillerx23]

Its not an easy task but before joining the ico you can have a look of the whitepaper can also talk about other in telegram group as every camp now a days have a telegram channel.

[mintingmoney]

Signup to find a promising ICO from a team having more than 5 years of experience. You can buy tokens either in exchange of Bitcoin or Etherium. newbie deactivated link:http://ripplecash.info [nonactive]

[Paulomits]

Signup to find a promising ICO from a team having more than 5 years of experience. You can buy tokens either in exchange of Bitcoin or Etherium. http://ripplecash.info

This website looks sketchy to me  Do you work for them?

[Analyst]

Another way is to look at tokens' price in markets like Ether Delta. If a token is trading at a value much lower than what you can get directly from the ICO, something is wrong.

[mintingmoney]

Yes! Ripple Cash Info can give you good returns. You can also go through the White Papers. newbie deactivated link:http://ripplecash.info [nonactive]

you can signup at this link: NoReferralLinksOnThisSection

[tetrisdancho]

A Japanese influencer who was familiar with finance and programming had picked Scam.
In the project he was deceived, the whitepaper was solid, and contact with the project was frequently taken.

At first glance it was a good case.

However, some days later, some of the people involved in the project got out of funds and the value of the token was almost none.
Even in the Scam case, not all of them are involved in fraud, and in some cases only a part of them will escape funds as a result.

In this way, I think that there is practically no difference with Scam

[Jercyhora]

Majority of all ERC20 ICO token is fake, but How can I know if the ICO is fake? I signed up 1 out of 100 give me token! So sad reality in this recent days.

[altcoingamer]

I will start by checking their team profile on LinkedIn.

Is it a complete profile?
A profile without real photo or little information is yellow flag for me.

How long since they create their profile?
A new profile with only recent activity is yellow flag.

Are they competent enough for their project scale?
Not enough experience or not directly relate to the project is red flag.

How many connection they have?
A profile with few connection is yellow flag.

How many people and who is endorsing their skill?
A profile with very few endorsed is yellow flag.

Really good post, I'd grant you Karma for this one if I had the ability to give it out lol.