More and more Scam projects

[Jacky]

Scams are everywhere, they are something unavoidable. We have no choice when there is no regulation to prevent them. Since crypto is decentralized, no one manages the scam cases. The one thing that we can do is to know the characteristics or signs of scams.

[legend45]

Guys, faced with the project, took part in the bounty, the result of Scam. Took part in another bounty company, there ICO ended more than a month ago, and the payment has not yet been the bounty Manager is silent...Apparently this year's bad in respect of ICO projects.

Be carreful  mate to choose the project. Too many projecs are scam now.  Learn the white paper  and the man behind the project

[masterrex]

Guys, faced with the project, took part in the bounty, the result of Scam. Took part in another bounty company, there ICO ended more than a month ago, and the payment has not yet been the bounty Manager is silent...Apparently this year's bad in respect of ICO projects.

Yes thats true its the ugly side of the unregulated crowdfunding events or ICO's that often taking advantage on Anonimity and the nature of Cryptocurrency including decentralization. Thats how ironic these people are using ICO,s like a milking cow to robbed peoples hard earned money in a manner ligitimate aspect.

[MenantiFajar]

The Scam is one of the risks in investing in cryptography, this year there are many scam projects. I was surprised by the 10 projects that I invested only 2 that were real, did I lack experience?

[Malam90]

Scams are everywhere, they are something unavoidable. We have no choice when there is no regulation to prevent them. Since crypto is decentralized, no one manages the scam cases. The one thing that we can do is to know the characteristics or signs of scams.

Yes, Scammers are always and they are always active to scam in any way. It is very difficult to trace a good project from a lot of scam projects. We have to be careful before investment in any project by justifying pros and cons of that project and team members.

[mamacoco]

yes, there have been many scam projects nowadays. we can barely recognize which one is a scam or not. even though it's using kyc.

[babu10]

Very unfortunate it was!! Actually there are fraud and scammar in everywhere around us. So you have to be more claver in joining in bounty and ico investing.
Best of luck.

[Princeraju]

Investors for future of investment Project is biggest expensive profitable project. Scam project is very interesting project trust me.             

[Domithra]

The issue of scam projects seems not to be abating any time soon. ICOs need to be regulated by security agents in order to limit the scam projects which seems to be cluttering the market. Before this happen, every investor needs to perform a personal research into the project before joining the ICO. Read intensively and extensively about the team members especially about the credentials they provide. This can be ascertained by checking for coherence in information on all their social media outlets which are old enough to prove their authenticity.

[trauchot]

This will continue this year as well, until governments will start regulating cryptocurrency, and regulation of cryptocurrency will begin in 2020, and then all scammers will be in prison.

[dentolas]

It is no secret that most ICOs (more than 90% if I remember correctly) are blunt scams... on this market, the investors have a very reduced appetite and will only bet on the best, safest ICOs, especially with all they have learnt during the last years... there are a few projects that already managed to get funding through other ways, or that are betting on having a working product before the ICO... this is maybe the way...
As of bounties, I do some myself and often get the same result as you... it is a risk we must be willing to take ... or not

[Seeyy]

In my opinion, one of the causes of the crypto market that dissolved late was the emergence of ico skam. So many investors suffered losses and left it.

[river]

Yes that is true because that is the effect of the cryptomarket crisis actually still cryptomarket is struggling to up rather than it going down again thus more than bounties are waste of time but some of bounties keep calm so we should be more patience untill market recover.

[MDPK]

Scam projects will exist in every industry that you enter, irrespective of how regulated the space really is. As intelligent investors, it’s your job to stay away from projects like these which can take advantage of you and your hard earned money that you’re looking to grow. So, if you’re ever thinking about investing during an ICO, remember to do your research and extensively read over everything that is available about the project. From its whitepaper to its team members to its mission, the project that you’re thinking about investing in usually has some way to value it potential and confirm that it’s indeed legitimate. Thus, moving forward, stay cautious when it comes to these types of projects and always do your own research before investing to avoid scam projects like these.

[AquaX]

According to the study, total funding of coins and tokens in 2017 amounted to $11.9 billion. $1.34 billion (11 percent) of ICO funding went to scams, the vast majority went to three large scammy projects; Pincoin ($660 million), Arisebank ($600 million), and Savedroid ($50 million), which together equal $1.31 billion. This suggests that while a large number of ICOs were scams, they received very little funding when compared with the industry as a whole.