Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: Goodcat49 on January 15, 2019, 06:03:38 PM
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ICOs, or initial coin offerings, have been around for a few years now. However, it was only the last year when they stepped out of shadows and magnetized the attention of mainstream media, regulators, and, most of all, wannabe investors. The examples of astonishingly successful campaigns that managed to raise millions in a few minutes inspired lots of other ‘disruptors’ to run a campaign of their own.
Still, in the glut of innovative investment, scammers and other hardly-honest players have probably seen the chance of a lifetime to rid people of their money with little to no consequence. It’s hard to say how many scam ICOs are out there, considering the overall number, but it’s quite safe to assume that they’re abundant. These days, when potential investors have seen seemingly trustworthy projects go dark in a day, most scam ICOs look pretty much the same as legitimate ones. They, too, have whitepapers, attractive landing pages, teams and advisors, and so forth, thus making it almost impossible for an inexperienced investor to tell which is which and who is who.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/become-immune-to-scam-icos-with-5-simple-rules/
(https://coinidol.com/upload/resize_cache/iblock/01b/900_900_1/01b6c1cc8b1f8d1bf7f081b00f44791b.jpg)
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One of the biggest things to check is whether the team is real. Ideally there will be videos of them at conferences giving presentations to a large audience. This gives it a better chance of it being real and not some fake ICO