isn't it common sense to avoid scam projects?

[Mexite]

While it may be sometimes difficult to identify outright scam projects, there are some potential scams that are quick to know. For example, a project using a Twitter account which is very new and announcing pre-sales same day it was created or one which cleaned its tweet history because it was used as a personal account will most likely end up as scam.

Another is the anonymity of the team.

In all, investors should carry out due diligence before committing their funds into an unknown project.

[sampoerna]

Basically, before mentioning that the project is a scam or not, this could be put in a scam accusition. And from this we learn that this is why before following a project, we must first research the project. The existence of doubts and also the wrong things with the whitepaper, the team, the community, and the allocation token and the metrics could prove that the project is a scam. And if so, it would be better if we stay away from that.

[Delgboke]

Let's take bounty campaign for instance last year 2019 many of us participated in some crypto bounty which the team made a lot of promise to its community but end of it all they disappeared with our bounty reward and we are seen many of them today conducting round 1 to 4 session of bounty which at times end without payment. I think this system really tells what a scam projects is.

[Dociko]

There are many people who are helping to make the projects scandalous. In other words, many supporters and bounty managers help to get rid of the scandal. In return the bounty manager gets a lot of money. So they help with fraud. This ruined their reputation a lot. But they do this only for money.

[MRM]

Scam projects are very difficult to identify. But some scams accomplish project objectives, deceiving investors. Some people help them. Scam projects are difficult to identify. Because scandals are forced only when the situation is bad. So we have to be careful.

[vitek146]

How  to identify scam? In some cases it is difficult, in some it is even impossible so they become smarter and smarter.Personally, I try to identify projects by their website - how it is made, how much information is there, what kind of information, how well and how long the team worked on it, in how many social networks they are represented, if everyone works. I look with particular caution at projects "based on DeFi" or "yearn", which in fact describe the general provisions and principles of work of my project. I also immediately discard such projects where in telegram groups they obsessively throw info a hundred times a day buy tokens buy, immediately it is clear that no one needs such tokens. And about airdrops, there are generally a lot of scams, just send 0.03 eth to get an airdrop worth something)))

[Riya143]

Scam projects are very difficult to identify. Because those who do scams arrange the projects very carefully. So many investors are attracted. As a result, the level of investment continues to increase. So we have to be aware. We should not fall into the trap of any project. We need to be aware of and identify the managers who will come to run campaigns on our forums, or the projects that will come.

[gunhell16]

people are calling projects scam even if they are not but doing a proper due diligence would indeed weed out most of the actual malicious scam projects, still, a reality is that some of them are so elaborate and well put together that it is hard to notice any red flags on the initial sweep, so even with "common sense", you are still exposed to some risk.

As you mentioned in your statement, it is indeed hard to notice of the project is a scam or not.
And as I noticed too that the majority of the community is not sensitive instead they are too careless
in choosing projects here in the crypto space. That's why as investors or bounty hunters we really need to be wiser than
the scammers or opportunist owners of the new projects that will arise here in this business industry.

[Lanirex]

We actually hope for the best from the many Crypto projects right now, but the truth is that many Crypto projects have failed and we are just wasted on them.  If we do come across a fraudulent project, it makes perfect sense for us to abandon it. But it is very difficult to know in advance whether the project is a scam or not, unless the project has ended.

[kent47400]

It makes sense to avoid the fraudulent project and it certainly is to protect ourselves from losing our possessions.
Unfortunately, avoiding this is very difficult to do considering that fraud in cryptocurrency is very neat and meticulous.
Maybe we should be careful in every cryptocurrency project because it could be a trap for us.

[zilzylian]

There were a lot of crypto projects running ICO in 2016 to 2018, some scammers tried to raise a lot of money and they just ran away, that situation is still happening now that's why we have seen several projects running IEOs and they provide some direct benefits to crypto users. to be trusted by crypto users.
Support from the community to the developers is necessary, but still be careful with new projects, because they do not guarantee the project will go according to plan due to funding issues and other reasons if they want to deceive us all.

[Ace H Knows]

people are calling projects scam even if they are not but doing a proper due diligence would indeed weed out most of the actual malicious scam projects, still, a reality is that some of them are so elaborate and well put together that it is hard to notice any red flags on the initial sweep, so even with "common sense", you are still exposed to some risk.

Yes, it's hard to distinguished weres the real and fraud that's why many crypto users and investors are still victimized by those scam actors.

[Lukasz]

Well as you can see there some benefits of centralisation contrary to anonymity of Internet and all sort of firewalls and Tor , VPN applications , making it easier to commit fraud  and trick naive people to believe in xxx returns so as much common sense you put in to it you are still making a gamble ... if it is to good to be true it probably isn't.

[Master107]

FUD (Fear, Uncertainty and Doubt) is common without sense to strengthen your investment rather to weaken it. Scam is a crime but no perfect place in decentralized forum even centralized is vulnerable to scam in a decent way. Me,You, Us; our own responsibility is be cautious all the time as much as possible.

[Jaephoenix]

people are calling projects scam even if they are not but doing a proper due diligence would indeed weed out most of the actual malicious scam projects, still, a reality is that some of them are so elaborate and well put together that it is hard to notice any red flags on the initial sweep, so even with "common sense", you are still exposed to some risk.

It's very hard to identify scam projects. Everywhere in bitcointalk and Altcoinstalks forum scam bounty campaign project. But market situations are responsible for making projects scam.

How does market situations contribute to the rise or escalation of scammy projects? Its just plain greed! People just want to cash out on the sweat of others, which is criminal. Sometimes it would be nice to have government control over Cryptocurrency but that would be counterproductive to what crypto is all about