How to select a legitimate project?

[PheX7583]

There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
   

[capt ronald]

There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
   

It's very difficult to choose a legitimate bounty campaigns because even those scammed project are using strategies like legitimate to encourage investors to buy and bounty hunters to participate in the campaigns.

[BestSSS]

IСO - initial placement of coins, a way to attract investors to a new project by selling a certain number of issued crypto-coins. Let's talk about how to choose the most promising project preparing an ICO in order to return and increase the invested money in the future with a high degree of probability. If you still doubt that participation in the ICO can bring good dividends, then here are three examples:
 NEO – 487 240% yield
 IOTA – 829 365% yield
 NXT – 2 488 215% return
Another thing is the quality of today's projects-select them with great care fully studied the project, white paper and website and do not carry the money in the project with a beautiful wrapper.

[Arendra]

Selecting a legimate project is difficult right now. Sometimes they can make the project they are working on seem legimate, but it turns out their project is a scam. Not only investors will lose with this ICO, but the bounty will also feel the same impact.

[_SVEETY_]

Hello
Is there a common base of companies with good recommendations? And the most important question... If anyone is willing to share their experience? 

[Sentinel]

It is very difficult to distinguish between legitimate projects or scams. But you can also do something about it, such as researching the project team, Team Performance, What are the conditions and circumstances of the team in the Project, how are the marketing strategies, what are the market opportunities and so on. You have to pay attention to it so you can make a decision.

[b-day38]

There are so many crypto projects out there and a lot of coins in crypto market. Most of the project is failed at the end,others are scam and some of them is good. But how to select and know that the project is legitimate and become successful?
   

Being new in the business it's really hard to know or to find good project considering that i am not familiar about whitepaper and exchanges market.

[Yellowish]

Yes you are right on what you  said. It's hard sometimes to find a legitimate project if we know nothing how we can start or begin to join. For me, first thing i do is to research their campaign and to some more search of what kind of project they promoted and then i ask some of my trusted friends where i can find a legit project.

[reaheart]

Difficulties is always we facing now on how we find the best legit project. Some friends of mine taught me that a real hunter know how to find the real treasure. Here on cryptocurrency we need to be search their project and we need also to read what the good business they bring unto the society.   

[Cheratu Mesir]

The main thing that must be analyzed before assessing the ICO project is the success or not, i always make observations on the products and legality the country/company ICOs project that i follow. This consideration is to strengthen my analysis of whether the project has the potential to be long-term or lead to a scam. In addition, i also see the activity and updates on the development of the project.

[dragononcrypto]

Pick projects you believe in. Projects that provide something unique with a team that can execute the development.
Don't pick projects that sound profitable, because they are probably attempts at a "get rich scheme" that won't work in a bear market.
Best of luck!

[Dinid]

There is many ways to analyse the project.
May be you can explore about the project. Roadmap, Team Member, their social media, check the website, smart contract, their network or community, and so on.

[Prime]

There are many new projects that have sprung up at this time. Some projects are scams and some are legitimate projects. It's very difficult to know which projects are legimate and scam. What I do to see whether a scam project or not is to look at the team that is included in it. If several teams have successfully handled a project, then it can be said that the project is legitimate.

[Prime]

If you want to find a good project and not a scam on the ICO. You only need to pay attention to the following things and examine them more deeply whether or not a scam. You must pay attention and see the project team, teamwork, performance targets, market prices, marketing targets, legal basis, etc. that you think are important. Because by doing that, you will be able to choose a good and legitimate project for you.

[shiftdel]

@Arendra, you are right. But there are other ways to minimize losses in ICO for investors and bounties. We can read the whitepaper and look at the roadmap before joining ico. In addition, see the site rank, it can also be one way to select legitimate projects or not.