How to known a Scam ICO

[Irina$]

The fraudsters are very cunning, their main task is to disguise themselves as a bona fide manager. I believe that there should be a guarantee that the manager who conducts the ICO will not deceive. He must deposit cash in a special organization that will control the ICO. And in the case of cheating money, the deposit will not be returned to him. Then the scammers will be gone.

[ardhanimaul]

The ICO’s whitepaper should be transparent on how the funds are going to be used. There should also be a part which says the project owners are not allowed to sell their coins for a fair length of time, to prevent cashing out or exit scamming. The distribution of the funds should also be clear. The majority of the project’s income should not be going directly into the pockets of the founders! It should be invested in the project and its success by paying for development, marketing, and other business expenses.

[enci55]

It is very difficult to detect ICO projects that are scam because they really intend to cheat and make the project in such a way as to get prey, if you will buy coins at ICO there are indeed many benefits, including discounts that make you get more coins, will but must be careful when buying ICO coins

[hidayatachad]

To avoid Scam Projects we must analyze the ICO product, because blockchain technology is the key to some of these ICOs, the key to knowing its legitimacy is to check the project's GitHub repository or other code repository. If a particular ICO declares itself to be an open-source ICO, the code repository must speak for itself, with code updates at least once every two weeks.

[andrewBud]

It is very difficult to find out if ICO is fraud.  Now people publish photos, write good white papers, actively run social networks .. But ... After ICO, they disappear ... So there is always a chance to lose money, so invest as much as you can lose.