Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ridwan93 on October 30, 2018, 06:10:32 PM
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Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico.
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There are bunch of articles are already written . Go through with them.
Guidelines, how to spot a scam ICO & report effectively. ✔
[Guide] Prevent scam!!! Some useful tools for find scam / fake ICO team 🌍
Also make habit to visit the Scam Accusation Board.
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If you want to lessen the chances of joining a fake ICO and bounty, there is no other choice than to do your own reading. If you are a bit lazy to check, then I suggest that you join campaigns from experienced bounty managers. You can also read the comment section of the bounty thread and see if there are negative opinions about the project. There are more but all these methods does not guarantee that you will never end up joining a fake ICO and bounty.
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I hope that someone will make some useful fool to check automatically for example team with linkedin or copy/paste webpages and whitepapers from other ICO... this would be very helpful!
I always take a look at Scam Accusaton Board in this forum it's very helpful! ;)
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I don't think there is mush we can do to stop scammer cause I see them in human and to eradicate human will only stop scammer in the world has everything has it's opposite , some are trying hard to make blockchain great and some are still out there spoiling the image of what others trying to make great.
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As one of the ways, check the team that is in the company, and find their profiles in any social media and write them in private message and wait for an answer, as there are many other ways that I think here have already been described.
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Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico.
There are many ways to detect scam projects, before you invest in any project, you need to do some research, unfortunately many investors don't even do that, all they do is believe in what they team wrote on their white paper, which may be bunch of lies.
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Today there are many platforms on which professionals collect and track quality projects, but it is much better to understand everything yourself and start doing your own analysis.
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I think with proper investigation and research should be done and the various projects should provide third party document to show that they are not a scam.
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https://www.altcoinstalks.com/index.php?topic=42905.0 (https://www.altcoinstalks.com/index.php?topic=42905.0) read all the comment of this post. Here they discussed about topic very well and briefly. If you have problem understanding any of their conversation then you can ask. I will try my best to help you.
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You need to look their team and project. That is really important. If you will join a bounty. You need to do some detailed research about their team and project. I think team the best place you can detect scammy icos.
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There will always be a scam project the only way we can notice if its fake is to do our own research before investing,Check the whitepaper to know more info. some project that I encountered copied it's whitepaper from another project,they also have fake team member posting different photo but still the same name.The only person who can prevent you from falling for this scam project is yourself so be cautious when investing.
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Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico.
in my opinion is what must be done is to see their team and project. And that is very important. If you will join the gift. then you need to do detailed research about their team and project. I think the team is the best place you can detect it
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So far there are no tools to detect fake ICO. And like the ICObench it is just a fake ICO deterrent not a detector. So if there is ICO entering ICObench only 55% can be trusted.
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Fake ico and bounty is really become trending right now because they are now multiplying. There are so many fake ico on the crypto feild today, that is why we need to select carefully we need to search everthing on or about ico. So that we can really avoid scam or being victimized by scam ico or bounty.
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The tools we needs to determine fake ICO and bounty is through searching and reading to see all aspects in order to gain trust to the team and project.
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the best way to detect fake ico or bounty is do ur own research
there is no tool for that
but we can check their whitepaper , team and all of things behind the project
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Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico.
I think It is difficult, We must learn white paper, man behind project and the project purpose. Because Too many bounties are scam.
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If you want to lessen the chances of joining a fake ICO and bounty, there is no other choice than to do your own reading. If you are a bit lazy to check, then I suggest that you join campaigns from experienced bounty managers. You can also read the comment section of the bounty thread and see if there are negative opinions about the project. There are more but all these methods does not guarantee that you will never end up joining a fake ICO and bounty.
The op should bear in mind your response to have some guides and warnings in joining campaign and ICO. Deserved to thanks
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Unfortunately, such scam projects have been and will be. Nowhere to hide from it. I understand it is difficult to realize, but the scammers are constantly coming up with something new. Therefore, it is difficult to determine the scam project.
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Fake ico and bounty campaign is a hinder of bitcoin and altcoins forum. Fake ico and bounty campaign can create a bad effect on others ico and bounty project. Forum moderators and ICO experts should take a proper step to prevent this fake ico and bounty.
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The best way to minimize fake ico and bounty is to read the whitepaper. Even though we have read, it can also be wrong. So, keep on doing other analyzes such as seeing the manager, the team and the developer.
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I think you need to go to ICObench. ICObench is a group that is able to prevent ICO scammers. But it is important to remember that ICObench is only able to prevent ICO scam detection.