How to known a Scam ICO

[PhillipGrimes147]

Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much

[sirty143]

Actually, it's very hard to detect if an ICO is a scam or not, more especially if they look legitimate and complete in everything like the whitepaper described here as an example. So, you really must conduct a thorough research of the ICO you wanted to join and invest. Below are some articles that I think could help you find the solution to your subject.

https://medium.com/@trade.io/5-warning-signs-that-an-ico-is-a-scam-and-how-to-avoid-them-77fbfb27abce
https://www.investopedia.com/tech/how-identify-cryptocurrency-and-ico-scams/
https://hackernoon.com/how-to-quickly-spot-an-ico-scam-a128a42bd5dc

[TERMINO]

Actually, it's very hard to detect if an ICO is a scam or not, more especially if they look legitimate and complete in everything like the whitepaper described here as an example. So, you really must conduct a thorough research of the ICO you wanted to join and invest. Below are some articles that I think could help you find the solution to your subject.

https://medium.com/@trade.io/5-warning-signs-that-an-ico-is-a-scam-and-how-to-avoid-them-77fbfb27abce
https://www.investopedia.com/tech/how-identify-cryptocurrency-and-ico-scams/
https://hackernoon.com/how-to-quickly-spot-an-ico-scam-a128a42bd5dc

That's true, somehow very difficult to notice the scam ICO which managed by so called professional scammers. They can copy as what it is from the original ICO concept that makes harder to identify.

[kenning]

Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much

To know whether is an ICO scam or notthere is no foolproof way to me but maybe there is  what i will do is to do research on social media on that ICO and the team members to reduce the rate of being scam.
Now is a good time to buy coins from exchange as most of the prices are very low now, i advise you to start with buying coins from exchange after you are able to identify the right ICO then you should start to buy from ICO to make bigger gains.

[zenbook]

i think team is the most important factor. if the team is not giving public information for no reason, the ICO may be scam although there are some exceptions. also, it's good to check if the whitepaper has plagiarism and such.

[Unknown]

i think team is the most important factor. if the team is not giving public information for no reason, the ICO may be scam although there are some exceptions. also, it's good to check if the whitepaper has plagiarism and such.

But some team always update us about their project and still end up with scamming Projects nowadays are no longer be trusted, lucky is the success 

[Black ID]

One characteristic of ico that is a scam is that they require sending several etherems to their address. He said this to get tokens. Even though we know, our goal of following Airdrop is to get tokens. So, this is very strange when ico asks for uhtereum from prospective participants.

[elbans89]

Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much

I think It is difficult to know a scam ICO. because Too many ICOs are scam..We must learn the white paper and the man behind the project.

[Marryan]

Better for you is to find as many information about ICO as possible.
In most cases if it's widely known - it's a good one.
Look for people's discussions in different crypto forums. If someone finds a scam these days he usually writes about it on the web.
So just don't choose the new and unknown ones.

[vegasus]

Please tell me how to known a scam ICO to protect myself

It is a hard thing to know scam ICOs. Common way is to analyze the profile of team members and explore their social media. Then, we should learn the whitepaper to find out something strange or awkward. But unfortunately, the scammers become smarter now. They can trap people with perfect way. So, we must learn more and cooperate with folks.

[paolobaltimori]

I think that if you are not sure if a project is 100% safe it's better to wait for exchange listing, in that way you will reduce the possibility of buying a scam token.

[indexx]

Take a research for identity of the team members and the project ideas. I think these are the most factors that can be analyzed to determine scams or not. But there are many ways to know more about the scam projects.   

[Ta.Form]

you better buy it in exchange. because now there are many projects that do not offer ico. but they prefer to go into the exchange and make purchases in exchange.

[shadowdio]

It is difficult to know a scam ICO because some of them looks legit and if you want to invest better to buy coins which listed in exchange.

[MDPK]

You can check in BlockChain transaction if that ICO is suspicious, Since blockchain technology is the key to some of these ICOs, the key to knowing its legitimacy is checking the projects GitHub repository or other code repository. If a certain ICO declares itself to be an open-source ICO then the code repository should speak for itself, with code updates at least once every two weeks.