How to know if the project is fake?

[Altcoin1998$]

Plagiarism whitepaper
Fake team member
Fake website
No specific roadmap

Excellent quotation. Actually fake or scam projects have no specific websites, Twitter, Facebook and LinkedIn. They arrange their team with fake members which they collect from website, LinkedIn and others sources. They plagiarism whitepaper from others projects. They collect money from investors and some days of collecting finished they flew from their project.

[Good Eve Igwe]

Fake members, fake websites and fake accounts are all frustrating

[Coin63@]

Fake members, fake websites and fake accounts are all frustrating

It is very difficult to identify scam or fake projects. In fake projects all informations are fake and unsustainable. They are arranged their project with plagiarism whitepaper, website design, and team management.

[carcas]

Very interesting to know that. I haven't thought about checking the location of the project to verify whether the project is real or fake. While I only check WP and verify whether the WP project is plagiarism or not

[I-Bit]

We need to check the identities of the team members of the project. Google each name of the members and know it whteher true or wrong. Also, learn the information of the project legality. It is important to know whether the project really comes from a certain country or city. And another one is by learning the whitepaper to know the details about the project..

[Altcoin1998$]

Very interesting to know that. I haven't thought about checking the location of the project to verify whether the project is real or fake. While I only check WP and verify whether the WP project is plagiarism or not

Company location, office location very much assist to find out fake projects. But some fake projects arranged ieo and after collecting their targets they shut down their community, telegram, Linkedin, Reddit, Twitter, and YouTube.  At a glance you can now see KINGCASINO project.

[Rakin343]

There are some tips to identify fake projects, one of them is that the white paper is wrong. They can not place the white paper well. They bring white paper copies from different places. Also fake projects can be identified in different ways such as; ‌ Again it is seen that the pictures of the team are edited in different ways. Moreover, if people want to scam, they can scam in different ways. It is seen that various projects are highly successful but they cannot bring coins to the market. This makes it very difficult to identify fake projects

[Jentot]

Company location, office location very much assist to find out fake projects. But some fake projects arranged ieo and after collecting their targets they shut down their community, telegram, Linkedin, Reddit, Twitter, and YouTube.  At a glance you can now see KING(casino) project.

I also joined king casino bounty campaign for a month, They even use covid 19 as an excuse for the shutdown of their project.

[trauchot]

Now it’s very difficult to understand which project is scam and which is not because people know how to disguise their project so that it does not look like 100% scam and therefore, I no longer invest in ICO projects and I invest only in IEO projects that are held on the Binance exchange.

[Good Eve Igwe]

All this fake scams I don't know what they want just stressing people

[Bram Manis]

This is very important to us before joining ICO or IEO projects doing identification. The digital currency space failed to lose its charm and dominance in the market space due to many false ICO or IEO projects.

Several ways to analyze ICO/IEO project.
1. Check Out The depth of the team working behind the cryptocurrencies.
A good team of course has the experience of bringing success to the project.
2. We must Check in whitepaper details
3. Inspect the feasibility project
We must choose an ICO project taking into consideration concepts, objectives, and strategies.
4. Beware of false ICO advisors.

[shadowdio]

Well it is really difficult to identify if the project is fake because some of them looks legit but turn scam in the end. Avoid to invest in ICO it's better to invest in IEO in the big exchanges. Investors were no longer trusted ICOs anymore.

[zendicator]

Pretty easy to track if the project is fake. There are so many ways to catch them, some of which is detrrmine if rhe whitepaper is plagiarized or not, next is the team members if search then in the net if they have stolen thier pictures or not.

[Istiak]

Regularly check the reply of other top members. There is a lot of top members who warn people about fake projects. Also, do some research about project whitepaper and website. A well-organized project can be identified by its beautiful and well-organized website and whitepaper. A project which is good must have a solid roadmap. search for that too.

[Jaguar]

The following should be consider but not 100%  working:

1. The verification of bounty is important.
2. High ranking members especially Padawan and Mythical participate the campaign.
3. Transparency of the team about the project development.