Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: King Mack on September 19, 2017, 11:25:29 PM



Title: ICO
Post by: King Mack on September 19, 2017, 11:25:29 PM
What details should I be looking for to try and detect most scamming ICO or scams in general?


Title: Re: ICO
Post by: seizetehday5 on September 20, 2017, 12:11:59 AM
research as much information as possible but mainly

-whitepaper
-team
-product
-use case


Title: Re: ICO
Post by: Geenstijl on September 20, 2017, 08:39:00 AM
research as much information as possible but mainly

-whitepaper
-team
-product
-use case

Yes it is. But here some additional way I'm using to detect scams. When you've made your own research try to make tricky questions about ICO and ask them to the ICO managers or to the team directly. This questions could concern to any side of the project: jurisdiction, roadmap, technics, use case, tokens distribution, listing at exchanges (this is mostly private information) and so on.


Title: Re: ICO
Post by: ZenFr on September 20, 2017, 08:49:45 AM
research as much information as possible but mainly

-whitepaper
-team
-product
-use case
The capitalasisation is a good information too.
If the number of coins that multiply the ICO price is highe than major existing coins (for example then 10 first) : you are very probably in front of a scam.
Unfornately, there is a lot af scams.