Too many ICOs

[AntNail]

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?

[mar]

True,there are so many ICO yet it is hard to get the good one especially that nowadays scam is also rampat in ICO.So in order to identify a good ICO to a bad one or scam,I studied the whitepaper, concept,website,roadmap and the team or the people behind this project and also the be bounty manager and the people supporting the ICO project.

[towi078]

It would be difficult for a beginner like me, to be able to distinguish between ICO fraud and not fraud. It seems like I still have a lot to learn

[hsyncl]

It is very difficult to find a project that will do business in this market. even if you do, it is even more uncertain whether the project will be invested. Hence, the efforts given in this period may be wasted in the east.

[Stuart]

It would be difficult for a beginner like me, to be able to distinguish between ICO fraud and not fraud. It seems like I still have a lot to learn

For you as a newbie, here in this forum, or maybe in crypto at large, its not much of a choice to you, neither is it an issue, if you go in as a hunter.

Well, I will say, its just luck that one can get into a good project. There might be some good ones that'll stand, but due to the heigh population of scam projects, investors might not be willing to invest their money, and when there is no investor, market hard/soft cap is not archived, the project might end up dead, and all investors losses their money.
I mainly read their white papers, to know their vision/idea, before going in to invest. I have no central place where I get information about ICOs.

[ardhanimaul]

If my opinion is that I want to buy ICO as well as check the ICO website, read the white book, browse the pages of their team (the most important!) And even check their social network pages and channels. Beware if the Website looks unprofessional or looks like it was done in a hurry. Scammers only have time to steal money, while some people might try to divert their projects by looking at every possible detail, so beware. Staff details about founders, developers, and advisors look fictitious (Try to connect with any staff and understand the project from them, with social media becoming more accessible!) If the person contacted doesn't know about ICO, take a million steps away from ICO . Fake ICO might use celebrities to attract your attention, don't let celebrity support be real (Can be paid promotions with celebrities who agree without knowledge) or fake pull you into something you will regret later. Visit their disputes, slack channels and telegrams to ask questions. If the team refuses to answer and does not have a community manager who handles 24/7 channels, this ICO is most likely fraud. The Whitepaper is the backbone of the ICO, and if there is no whitepaper, you know ICO is a scam. If there are diggers available there and you will see some things that don't make sense

[Falcon]

Allow me to say "search." To search is the most effective way to find new ICOs. It is reliable act for you as your findings done by you not from secondary opinion. Good ICO could be with good allocation of tokens, better team members, complete package of every needed information regarding the project.

[hope167]

yes there are too many ICOs at now, but only a little ICO can survive and a little can bring their toke go to market or some exchange

[yitzjoe]

it is very difficult to find a good ICO now because there are many that appear every day, but if you do an in-depth review with the help of the ICO community you will be able to see some good ICOs for you to invest

[elbans89]

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?

Yes,  I think too many ICOs now.  You can check ICO in icobench.com. We should be carreful,  because too many ICOs are scam.

[pedangrusak]

the emergence of a new ICO has been uneven where most of them are garbage. I would prefer established coins that have been market tested for crypto investment

[Bexam_official]

Indeed ICOs are popping up more than one can count with most of them not being legit. This is a big problem; however, the bear market is trimming that down naturally as investors ask more questions, more proof of the product and services that the ICO claims to have and just overall, more caution is taken when investors look to invest. Just as much as these ICOs have come up, the whole culture of lets buy all the views, comments, participation, followers etc have also ballooned which is very toxic for the community and the market IMO. There needs to be some regulation in this field as scams that are scamming the legit ICO companies with their fake ads and marketing strategies are rampant within the community.

[Noni]

now indeed many new ico popping up will be more difficult to find ico which is good most of it is garbage

[Nikko]

Yeah you're right! Too many ICO's but only few of them are legit or let's just say that has a potential to succeed, because majority of the projects now are fraud. That's why we have to be careful in participating in any bounty campaign out there!

[tervel]

Yeah you're right! Too many ICO's but only few of them are legit or let's just say that has a potential to succeed, because majority of the projects now are fraud. That's why we have to be careful in participating in any bounty campaign out there!

Sometimes companies don’t invest much time and effort in explaining what they want to build.But i look at three aspects: 1) basic concept; 2) team; 3) interest or hype.