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Author Topic: how to know that ico is scam or legit ?  (Read 3724 times)

Offline lavoncoin88

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Re: how to know that ico is scam or legit ?
« Reply #15 on: August 21, 2018, 06:12:13 AM »
Failed ico sometimes tagged as scam project since the fund did'nt obtained and not enough to proceed on exchanges or to continue the program. To be able not to scammed choose ico  that have lot of supporters,that have proven theirselves from their past projects like having escrows and partnership in some business pr companies. They will sure not want to risk their reputations.

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Re: how to know that ico is scam or legit ?
« Reply #15 on: August 21, 2018, 06:12:13 AM »

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Offline Omega

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Re: how to know that ico is scam or legit ?
« Reply #16 on: August 21, 2018, 07:01:29 AM »
There are some difficulties to determine the scam  ICO which looks very nice during stages. Very hard specially if the team doing their very best to serve the supporters nicely that make them satisfied. Time will tell that they are scam once they gone without any footprints behind. Hurt truth.
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Re: how to know that ico is scam or legit ?
« Reply #17 on: August 21, 2018, 08:55:23 AM »
"It will be very difficult to distinguish whether the ICO is a scam or legit. In the end if the ICO is legit, investors will receive tokens / coins according to the number of purchases. And vice versa if the ICO is a scam, so, we will get nothing. To distinguish it, we must be more careful in analyzing the ICO, especially the team and also the concepts offered by ICO developers.
"
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Offline owmivmen

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Re: how to know that ico is scam or legit ?
« Reply #18 on: August 21, 2018, 09:02:26 AM »
A good ICO project always provides information ranging from project objectives, number of tokens, use of funds, team and advisors and roadmap. this will make the project accessible to everyone and make investors interested in joining the project. The ico scam project only displays the number of tokens and roadmaps. The ico scam project usually gives a big bonus without thinking about the future of the project.
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Re: how to know that ico is scam or legit ?
« Reply #20 on: August 22, 2018, 09:36:17 AM »
Scam ICO usually don't show their team faces and only have whitepapers, which are usually mostly copy & paste.

If you can find the team on linkedIn and on their profiles it shows the name of the company, it would be very rare for it to be a scam, because they would be held accountable after the fact. This doesn't work with advisors, who often don't have the ICO name on their profiles but are advising them anyway (which I find very annoying...).

Also googling ''ICO name scam'' is very useful, and sometimes you can find ICO who have non-deserved FUD and then the thing clears up and you are in for the gain!
You really have a lot of doubt when they do not show their face. Do not join them when they do that. . What I'm doing is not to get involved with an ico project scam. I read their Road map and above all the development of their project. When I get a good start and I have a future for their coins, I invest and hold and wait for big value. Thank you.


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Re: how to know that ico is scam or legit ?
« Reply #21 on: August 22, 2018, 10:06:50 AM »


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Re: how to know that ico is scam or legit ?
« Reply #22 on: August 22, 2018, 10:53:46 AM »
how to know that ico is scam or legit ?

I think the coin doing the ICO must have sufficient info and preparation. Like they have their website, their plans or roadmaps, their team. Also those who announce their ICO must be a little bit reputable.

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Re: how to know that ico is scam or legit ?
« Reply #23 on: August 22, 2018, 01:09:17 PM »
how to know that ico is scam or legit ?

I think It is hard to detect scam ICO. But You shoukd be carreful , read the whitepaper and roadmap.

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Re: how to know that ico is scam or legit ?
« Reply #24 on: August 22, 2018, 01:22:59 PM »
right now ICO can be a rip-off if the people who's developing the coin or token are nameless or they are hiding their genuine identity, another is while the records regarding their challenge is a replica from different initiatives just like the roadmap, whitepaper, or maybe their website online is similar to a domain that has already been offline.

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Offline BenWhite

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Re: how to know that ico is scam or legit ?
« Reply #25 on: August 22, 2018, 01:31:50 PM »
In my opinion scammers can only promise unbelivable profits but no good reasons to invest in.


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Re: how to know that ico is scam or legit ?
« Reply #27 on: August 22, 2018, 02:48:44 PM »
how to know that ico is scam or legit ?

I think You can check it in icobench. Read the white paper , road map and the team.

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Re: how to know that ico is scam or legit ?
« Reply #28 on: October 07, 2018, 03:09:45 AM »
Every day there are new scammers. It is better to invest in something stable.

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Re: how to know that ico is scam or legit ?
« Reply #29 on: October 07, 2018, 03:17:31 AM »
If you want to earn more-you have to choose new projects

 

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