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Author Topic: how do you distinguish good ICOs from scam ICOs?  (Read 1000 times)

Offline Domithra

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how do you distinguish good ICOs from scam ICOs?
« on: November 18, 2017, 08:52:24 PM »
any trick for detecting that?
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how do you distinguish good ICOs from scam ICOs?
« on: November 18, 2017, 08:52:24 PM »

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Offline investwarrior

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Re: how do you distinguish good ICOs from scam ICOs?
« Reply #2 on: May 13, 2018, 11:02:05 PM »
Good icos usually have verified team in listings plus open erc20 token so we can check all transfers and they have open smartcontracts for public in github.
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Offline KobbyC

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Re: how do you distinguish good ICOs from scam ICOs?
« Reply #3 on: May 13, 2018, 11:03:40 PM »
One thing for sure is to check the URL if it is secured. Most URL's with the LOCK sign is 80% real. Wierd URL's, I won't waste my time. The whitepaper is also very critical in checking for real ICO. Most scammers don't do any proper writings and designs.

The qualification of the team is also a key. Most of the times, project managers who use Avatars and no social media information and do not share any proper information about themselves are not all that to be trusted.

The website of the project is another factor to check of. Shun websites which will give an input for credit card and passwords.

Offline ZionRTZ

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Re: how do you distinguish good ICOs from scam ICOs?
« Reply #4 on: May 14, 2018, 01:30:05 AM »
There is none that I know. Maybe some basic guides. Always know who the team behind the project is and what they are trying to achieve. Assess if they can actually deliver.

Offline CryptoDan

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Re: how do you distinguish good ICOs from scam ICOs?
« Reply #5 on: May 14, 2018, 05:25:13 AM »
Good ICOs are run by established companies managed by experienced professional with actual track record. A good example is the recently launched VLUX - http://vlux.io/

 

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