Scam Projects: How to Detect?

[mohdelayo]

fraudulent projects in the long run turn out to be both with a top team and with a huge capitalization. Nothing is eternal-nothing is perfect.

Thats true. Many of the strong scam projects out there are lead by influencial people that have a deep pocket, so they use their resource to stage an organized scam that are sometimes very difficult to spot any red flags. One can only try to do their due diligence but they cannot always be perfect.

[Speaker]

I've had the experience of falling for fraudulent projects. And I will say that it is very difficult to see the first signs of a nascent scam

[Tolyk]

There were projects that hid their project very badly, but there are projects that are very difficult to identify at an early stage.

[Speaker]

Very difficult... in fact, any project that is indestructible (as many people think) today can turn out to be a scam.