Scam Projects: How to Detect?

[Altcoin1998$]

Actually it's impossible to reveal scam in advance because a lot of projects, which haven't initially been planned as scam, preferred to take money and dissapear(

Yes you are absolutely right because it's very difficult to identify scam projects due to the excessive crowded of huge amounts of projects daily. But only top ranked exchanges launched ieo projects that you can invest undoubtedly.

[owlest]

Yes you are absolutely right because it's very difficult to identify scam projects due to the excessive crowded of huge amounts of projects daily. But only top ranked exchanges launched ieo projects that you can invest undoubtedly.

Yes, the quantity just doesn't give you more time to identify fraudulent projects. For this, many creators expect that they will not be revealed in such an amount. Here it is already necessary to carry out a scrupulous analysis.

[Ankit1999999]

Some scam is project not a all project but  trading on crypto was risky and if you can't afford any lost then i don't recommend it mate, Maybe better to make that money as capital for small busines or maybe dropshipping. Seriously it was risky but if you insist maybe you can try to buy some altcoins on top 10 Like Ethereum, BNB Solana ADA etc.

[pelana vreo]

To see the project ended in fraud what I did was look at the smart contract and the number of liquidity pools on the https://unicrypt.network platform
Usually a good project developer will lock tokens for 1 year and more with a large amount of funds, the next thing is to see if the project has been audited, some good projects will do Audi with Certik, but both research I did could end up scam if the developer the project intends to run to take advantage of the investors.

[Ankit1999999]

Yes, some scam project is live so you can't face scams if you knew the real products you wanted to bought in the first place, you can really avoid that. Decentralized exchanges isn't new in this since people can just deploy some contracts and the worst is, people do tend to clone some good projects just to exploit some scams.

[Kitaiev]

The opinion of authoritative people from Twitter helps me not to run into a scam. Anyway i prefer to participate in projects that are very good and there is no risk of scam i think this is the main thing that allows me not to run into a scam...

[densus88]

The opinion of authoritative people from Twitter helps me not to run into a scam. Anyway i prefer to participate in projects that are very good and there is no risk of scam i think this is the main thing that allows me not to run into a scam...

How to detect the scam project mate.
I think OP asked it.
I think It's really difficult to detect.
Scam project always be there every years.

[owlest]

The opinion of authoritative people from Twitter helps me not to run into a scam. Anyway i prefer to participate in projects that are very good and there is no risk of scam i think this is the main thing that allows me not to run into a scam...

Quite right. It is better to participate in one or two top projects than to take on everything, hoping to get at least some profit from this. I choose quality over quantity. But even in this case, you need to study the project thoroughly.

[Gvent]

The opinion of authoritative people from Twitter helps me not to run into a scam. Anyway i prefer to participate in projects that are very good and there is no risk of scam i think this is the main thing that allows me not to run into a scam...

Taking into account the advice of more literate people from the cryptocurrency market is the right decision. I also always try to find out the opinion of people who are more successful than me in the market, as they can tell which project is a scam and it is not worth participating in. I also share my knowledge with beginners, and this excellent relationship of crypto enthusiasts does not allow many people to lose money due to incorrect entry into a bad project.

[owlest]

The opinion of authoritative people from Twitter helps me not to run into a scam. Anyway i prefer to participate in projects that are very good and there is no risk of scam i think this is the main thing that allows me not to run into a scam...

Taking into account the advice of more literate people from the cryptocurrency market is the right decision. I also always try to find out the opinion of people who are more successful than me in the market, as they can tell which project is a scam and it is not worth participating in. I also share my knowledge with beginners, and this excellent relationship of crypto enthusiasts does not allow many people to lose money due to incorrect entry into a bad project.

But there is another side of the coin here. After all, it is not uncommon for successful people to lure newcomers into projects just because they want to benefit from it. Take referral rewards for example. Although initially the referral program, as it were, itself signals us about the danger. But who stops it ...

[bayiajaib]

The opinion of authoritative people from Twitter helps me not to run into a scam. Anyway i prefer to participate in projects that are very good and there is no risk of scam i think this is the main thing that allows me not to run into a scam...

Taking into account the advice of more literate people from the cryptocurrency market is the right decision. I also always try to find out the opinion of people who are more successful than me in the market, as they can tell which project is a scam and it is not worth participating in. I also share my knowledge with beginners, and this excellent relationship of crypto enthusiasts does not allow many people to lose money due to incorrect entry into a bad project.

Yes we must be careful and share knowledge for the beginner.
I think It's good as human and senior here.
Talking about how to detect scam projects as OP asked, I think It depends on your knowledge.
Learn their team and project.

[owlest]

Yes we must be careful and share knowledge for the beginner.
I think It's good as human and senior here.
Talking about how to detect scam projects as OP asked, I think It depends on your knowledge.
Learn their team and project.

I agree that the analysis of the team already gives a huge understanding of whether the project is fraudulent or not. But even if everything seems real, you need to keep looking, because having information about only one team does not give confidence.

[lepbagong]

Yes we must be careful and share knowledge for the beginner.
I think It's good as human and senior here.
Talking about how to detect scam projects as OP asked, I think It depends on your knowledge.
Learn their team and project.

there is always a place to share and learn about detecting fraudulent projects, definitely great for beginners or anyone in need. but we know that fraudsters are also smart now to be able to trick. so sometimes need proper analysis, and search the literature that may exist for information on scam projects.

I agree that the analysis of the team already gives a huge understanding of whether the project is fraudulent or not. But even if everything seems real, you need to keep looking, because having information about only one team does not give confidence.

I agree, there are many obstacles that cause time to be a problem in itself. but once again scammers have also learned that certain things are always used as a reference and they correct it properly, so it is also difficult to trace. but there is always a gap, usually if we are helped from the scam project thread provided by the expert, so we can use it as a reference too.

[Master107]

Yes we must be careful and share knowledge for the beginner.
I think It's good as human and senior here.
Talking about how to detect scam projects as OP asked, I think It depends on your knowledge.
Learn their team and project.

I agree that the analysis of the team already gives a huge understanding of whether the project is fraudulent or not. But even if everything seems real, you need to keep looking, because having information about only one team does not give confidence.

For me knowing the team is enough to have confidence that the project is real and not fraudulent. The issue is what will be the future? Of course we know the market is volatile which we may find it difficult to maintain the project in a good swing. Also the possibility to encounter unexpected scenarios that could trigger the potential to decline.

To maintain is another level of maturity. Circumstances aren't brand-new in crypto journey but there are a lot of victims that didn't and couldn't bear the high pressure of fluctuations and corrections.

[Renampun]

Actually, the project scam has the same pattern, namely not having a definite team, giving sweet promises that don't make sense and it's not clear where they are. when you want to decide to invest your money in an asset then do a deeper research so you don't lose in the future.