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It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM

as soon as the us dollar measurement disappears,

scams can be spoted when there is no product in development

as long as the us dollar evaluation stays doiminant for distintion between scam and no scam, it wont be easy to distinguish scams from failed rejected or unfinished projects

the us dollar even evaulated shitty projects worse than many good ones

I have not read over the telegram channel fully yet but it sounds like a great idea.  I really doubt though that it will be able to eliminate all the scams.  Scammers been scamming since the dawn of time and people have been falling for it time and time again.  Anything in the right direction is greatly welcomed though.  

If somebody emailed or called and said they were from the IRS and said you owed back taxes that had to be paid immediately… would you send them money? Believe or not, many people do. The old school method is to have the victim wire money via Western Union or transfer funds to a bank account. Now con men are contacting victims and demanding that victims transfer Bitcoin to their wallet. There’s an easy fix—don’t trust those calls or emails. Legitimate authorities wouldn’t contact you that way – and they won’t ask for Bitcoin, as you can imagine.

its hard to know but for me i dont want to join in some icos that have a low members in telegram and not active and the twitter followers is not big or in fb also and if you want to join in some campaigns  try to join in trusted managers so you are protected from scammers try to read also their roadmap and also their partnerships and website.

The concept of MyShield is good, however, it still doesn't guarantee that you won't be scammed by a project's ICO. I mean, who/what could predict a sudden scam exit or hack and theft of ICO funds, especially if the project is top-notch and has a robust team?

What you are doing right this is called one kind of good promotion but this is also one kind of scam to attract the people in the telegram channel dude. I invest on ICO i know my own rules to check the project whether it is legit or not dude.

Please check the white paper and understand whether the blockchain platform is good for that project or not.

You are talking nonsense, an effort to try to eradicate scams is fine and that is something I could support but to say that you are going to definitely eliminate scams in this market takes away any credibility you may have since that is impossible, just look at society at large, there are very clear laws and punishments against some of the most serious offenses like murder or rape, has that stopped those that commit those crimes? No, do you know why? Because they think they can get away with it.

And in this market that is mostly unregulated where it is almost impossible to know the true identity of the other person that you are talking over the Internet, the scammers are finding a very easy way to make a lot of money, so the easiest way to avoid being scammed by icos is by not investing in icos, it is that simple.

Scammers are the ones giving the cryptocurrency community the bad name and at that pushing people away from the community and at the end given the entire system bad image before the public, and the only way we can over come scam is to stop being too greedy and always take our time to study each opportunity before jumping to it.

Don't invest in ICO's unless you have a high risk tolerance, even the legit projects have a high chance of failure.  I've read that over 90 percent of ICO's in the past year have ended up failing.  The obvious scams are easy to identify because they usually copy their whitepaper and have fake team member pictures.

The saying goes "If it's too good to be true, it probably is"

Keep that in mind when looking into projects, such as ICOs. Also, do some research. Look up the owners previous accounts, try to do some digging. You'll be surprised what you can find within 10 minutes of google searching.

If the owner, or facilitators have a past, it will eventually present itself.

Sounds like a good idea though I am not persuaded that any scheme or project can really eliminate scam ICOs. Scam is systematic and appeals to predominantly greedy minds more often than not. They over promise and there would always be newbies to fall victims of such schemes. That said, there is also a thin line between a scam project and a failed project

It's very hard to spot the scam before you are ruined by it you will realise after you have be scammed that the one has taken your money and there is no one you will blame because you have no one to do it with and you only left with the regret.

It is hard to determine a scam ico before you get rubbed of in your investment but you need to understudy the project through its telegram handles before investment.

You need not to be an early investors too because, staying back a little can save you some heart breaks because you might have learnt somethings from somebody

if what you mean is how to find ICO SCAM, I have a suggestion, first you have to read their WP, second you check WP and their team. a fake ICO will make a fake team and WP too, so if you find out that the WP or their team is fake, don't follow the ICO project

If you are an investor, finding out the ICO scam campaign at the moment is very difficult. But to avoid ICO scam, you should invest in ICO at the beginning of the year and at the end of the year because at that time the market is mostly flourishing, so the low possibility of ICO scam projects exists.

You are right, to determine a scam or not it is very difficult. The project you are promoting has a good concept or idea, but I don't think anyone can guarantee to avoid the risk of fraud.

Yes, I often participate in ICO scams, even though I am not a big investor, and I am not a professional trader, but it is very detrimental to me.

I've heard about the Myshield ICO, but I've never read about Myshield vision and mission. and it seems very interesting, maybe next time I will visit the Myshield website, and thank you for the information.

Its seems to be very good idea for me. Scam is methodical and appeal to predominantly greedy minds more frequently than not. Some new comer face prolem they become victim. So I suggest more carefull about this project.

This is hard to find. With the rapid advancement of science and technology, the means of fraud is becoming more and more sophisticated. It is hard to prevent people. I personally do a lot of research before investing, and invest carefully and carefully. I suggest that as long as the greed is not overly Will be easily cheated

Yes it is hard to find if the ICO is a scam unless the team or groups in telegram aren't active and not respond. Most of the team that ICO scam are having a fake account, that's why it necessary to analyze or make a research to choosing an ICO.

I do not believe in its functionality.Nobody understands whether the Icon is intact.They make themselves very strong.I believe that all of these are experiences.

Even if you somehow can detect any scam, I think they will still be able to adapt. And it will be even more difficult to recognize them than now. No one was able to eliminate criminality, nor in any sphere. In general, the idea is interesting.

Yes, I have heard about MyShield and I follow them closely. They are having a very good project in mind to do away with Scam. I think there are others with the same idea.

Thus is one of the most frequently asked question. Till now now there is no way to directly identify scam ico. So, we will have to study hard to identify legit icos. Do proper research on the white paper and website of the ico and see if the  project  is a realistic one.

There are certain factor which can be used for figuring out scam projects. Different people use different strategies. Like i always check for reviews in several forums and platforms. The i do a thorough research.

It looks like a good attempt. I think we all should be united to prevent this fake projects. They are doing harm to all cryptoworld. I hope they all will get punished.

First of all, scammers do not have a distinct Whitepappr. Then, you can check them by contacting the individuals listed in the project support list. Often, they are not aware of the existence of projects in which are indicated by the consultants. And it happens, and the masters.

Myshield’s vision looks good. I hope the community will be successful. We need this type of community. Because the scams are increasing everyday. Best of luck for the platform.

I really hope that the moment will come that scammers will lose the opportunity to create new projects. There are no many security projects,  that's why I'm always happy about a new security project that makes life more difficult for scammers.

I think they will still be able to adapt. There are no many security projects,I hope the community will be successful. We need this type of community that protect us from scammers by being aware all the time

Yes it's hard but I don't think that we need to be victim to identify a scam ICO. Learning from others may help us identify a scam project.

I have not heard about myshield ICO but there was similar project that will prevent scam ICOs. It was DESCROW project, ICO was held last year. Buthad not raised much money. But still they promised to complete the project.

Indeed most of the ICO project scam that could not be predicted at the outset. Then one of the best ways is we should be vigilant. By choosing the best project, see all sorts of criteria the project best. If match then there is no harm we follow the project.

I think it's hard to define whether a project is a scam. >:(
Because even if the project is in active development early on, it can still be a scam.

This is really a helpful group. There are a lot of members and I have been involved for a long time. When I participate in some projects, I inform people and people will help me test the credibility of the project.
Everything is great and thanks to the creator of this group. Really very useful.

In fact, it is impossible to determine which of the projects is fraud, and which is not. It's like buying equipment in a store can still break down in a month. What you offer is not bad, but you always need to rely on your strength.

It is very sad that nothing could 100% destroy the scams! Spotting a scam is very tough than ever. Though Myshiled is pretty good one, but still don’t know whether it will be able to vanish all the scams or not. Let’s see what Myshiled can do to spot and destroy the scams.

Such projects were highly required by the crypto community after the recent reports of increasing scams in 2018 which are mostly done by fake ICOs. Hopefully, Myshield will be able to identify all these scam ICOs. They currently have a really good team and promising roadmap. I just wish that, no fraudulent ICO can get past their protocol that they are promising right now.

Myshield is promising to help the users from falling for phishing websites, online counterfeit sales, and other types of online scams. Hopefully, they will be succesful to implement their security protocol properly which is badly needed for the ICO market right now as the recent rate of scammy and fraudulent ICOs have increased a lot.

I think many scams have one thing in common, that is, their white papers are plagiarized, because scamers can't write their own white papers, and they don't bother to take the time to write a complete and feasible white paper.

Although MyShield is useful for the crypto community, it does not help to avoid scammers by 100%.

First of all, if someone contacts you or if you come across any posts that tells you to send crypto in exchange you will get double the amount, never fall for it. Never go for any posts which tells you to disclose personal information or to give identification of the wallets. These are all traits of scammers.

But i think there are some scammers also that has a complete white papers in their ICO. Anyone can make their own whitepaper if they want to look like a legit ICO. I am a victim of that also. I thought it was real since it has a whitepaper but unfortunately NOT.

There is no rule of thumb for detecting scam coin at the first time. This will require experience and expertise of the investors to understand this. Most probably try to avoid new project if you’re new in this market.

Before find out ICO scam you need to study their WP and also check their team. Because mesh ICO create a fake team. If you understand this WP and team is not true then ignore this ICO project.

Myshield is good project that can help minimize those fake projects whose goal is to scam people in the entire crypto. I'm hoping that this will be a success in the future to conbat those scammers.

This is really true that detecting a scam coin during the ICO stage is very difficult. There is no hard and fast rule for identifying such coin. Try to invest in the reputed and reliable coin like bitcoin if you are new in this market.

It's a good notion. But it will be better if you briefly explain how its gonna eliminate and destroy ICO scam projects. So that we can we can gain trust on it and join in there.

One of the easiest ways to detect a scam is to look at the people behind the project. What you want to look for is third party validation of the people behind the project. Look at their LinkedIn Profile and pay particular attention to Skills and Endorsements and Recommendations. If someone is claiming to have been in the business world for a number of years and they have not accumulated a number of endorsements or recommendations then their profile is likely fake.

Regardless of the time, there are many ICO scams. The beginning of the year or the end of the year is the same as in the middle of the year. It is best not to invest in ICOs if you do not have a dedicated team looking for good ICOs. Try to invest in these altcoins to ensure certainty. It is hard to tell which ICO scam it was when it was officially scamed

you are right, the difficulty is real to see ICO fraud, different from fraud that sometimes utilizes famous coins and opens a prize carrying the famous coin name, we just have to look at the domain

For me spoting scam is very easy since I will start by thoroughly have my research and then choose ICO which has transparency about their project. This way I will know the situation about my investment.

of course we need to be careful if you want to take part in the ICO, especially if you want your investment is very lost if it turns out it's fraud. and also losing time for bounty hunters if the ICO is a scam, it's really a waste of work. you better need to see their community. and also the team involved in the project

it is indeed quite difficult to find a fraud in the ICO at this time. especially now that the ICO in circulation is also quite a lot so it makes many people feel confused about it. we should have the best way to investigate what fraud is like.

Actually, It's so hard to know. The scammers are coming in different ways with different looks. So very hard to spot scammers or scam projects. personally, I have met a lot of scam projects. There are so many scams ICOs. Personally, I'm checking these things to spot a good ICO. First of all, I'm looking at the concept of the project because the concept is very important to the project's future. Then I checking about the team/ website/ Linkedin profiles / Telegram groups / roadmap . If they have these all are clear, then I decided maybe this ICO can hit near the future. However, nobody can predict 100% correctly. Only can get a 50-50 % idea. Anyway, ICO is the best way to earn money.

Criminal activity will always be there since people always want to get something without doing anything, this is why criminals try to get what someone got in a lawful way and taking it away from them, in fact that is what we see all the time in this market, people want to multiply their capital without doing any real effort and that is why they invest in icos without doing their due diligence in the first place.

If people took the time to do their due diligence they will realize that out of 20 projects 19 are scams or projects that are impossible and that only one of them has any real chance of becoming a real project and when the odds are so bad people soon realize that is a bad business to invest in icos not only from the point of view of earning money but also in terms of all the time they need to invest just to find a decent ico.

Only relying on their experience today has the opportunity to make the right choice, but it will not be 100% really right, because no one can tell you exactly about it. And you rely on your experience.

Fraud is not easy to recognize, fraudsters are very hiding their activities, under many pretexts they are trying to kill us that they are not scammers, but whether to make a more accurate analysis of the bounty and their site, one can understand what the bounty is really worth

Yes it is not that easy to determine which ICO project is a scam. One thing you can do is before going for a project is to do research the team as a team is the driving force of any ICO project.

You can suggest such an option that each member of the project team will make a video appeal to investors to attract investment and for the fact that every investor would see that the team member is real and indeed takes part in the project, and then in the case of a scam it will be possible to prosecute this man.

Reading the whitepaper can help you from getting victim of scams. Go through the particular project’s whitepaper and also keep an eye on their financial model, legalities, SWOT analysis and also the road map.

Fraud is almost impossible to determine in advance unless it is clearly indicated by reasons such as fake names and photos of developers. The rest is almost impossible to know the intentions of the project in advance

it's great if there is a community that can or minimizes fraud in the ICO but I really doubt that it will eliminate all fraud

Any successful ico would always chart their token scale whether a fraud ico would attempt always to make it hide. So all you need to do is to review the tokens scale progress to avoid scams.

We cant rid out those people from here,  they are very wise and strategic which be hardly to detect at first. It really needs ample of time to search and do further study to find out if a certain project is legit or just a fraud. Mostlu they are using other identity to hide themselves and a very attractive rewards.

"I bought into the ICO months ago, we did a fair bit of research and were confidant it
was worth a punt. Hope that this community will be helpful.
"

"It's a warning post for me because I'm newbie in crypto world. Thank you very much
for this warning post. This is very useful for me. I think this community is really helpful
in choosing the right ICO to invest.
"

I did not see any rating or project, which 100% helped to bypass the ICO scam. Only you can protect yourself from deception.

There is no such ways to spot a scam otherwise you or your close one became the victim once before! But you can look for their projects and products to ensure yourself to recognize true or false. Don’t trust anyone if they offer you an unrealistic profit from them.

If you have some doubt on some ICOs then you can search their present projects and products and their team. If you can verify the team easily you can trust them. And beware of there unknown links and malware downloads.

It is often enough to look at the logo and the name of the project.
This is the first level of checking for me and I can assure you that 8-9 projects out of 10 do not pass it.
No matter how trite it sounds, try to find a project that can't be a scam ;)

There is no easy way to spot a scam. However, before making any financial move in the crypto market one needs to do some research about the project and the ICOs. It might reduce the risk of being scammed.

Exposing a scam is a difficult task for the newbies. One can look through the white paper of the ICO, their social media channels and how many subscribers they are holding etc. Without digging authentic info, no one should step forward.

We have seen a lot of scams and there are members who are exposing it so your question is when have been answered. We are trying to fight the scams ever since but we can't really stop them because they are very intelligent elusive and people are gullible to invest their hard earn money. If you think that you can exposed and destroy scams then good for your project. So please go back again and tell us how many scams you busted already so we have a good gauge otherwise this is just another way of promoting your so called Anti-scam platform.

An investor has to make several analysis to find out a scam. The project and company need to be transparent. If he cannot not find out their real team, token sale numbers, updates on product development then be careful.

I'll tell you a secret that it's only possible to determine whether or not fraud is true if you are personally acquainted with the project team. In other cases, how lucky!

There is no way how to spot scam at the beginning. Scammers always look like more trustworthy than a real project with real vision. And that is the main problem.

ONE OF  the main problems the crypto industry is facing now is scams. with them ranging from all over the place, with new tactics., For bounty projects, one needs to be keen on the token allocation, a proper project needs to be balanced over the toke allocation with fair distribution.  look into the project team and verify their identity, you should be able to prve if they realy are who they say they are

Oh, I hope I found a topic where I could see some advices for scam avoid but I see advertisement instead :-\
The problem is that we already have a lot of platforms that "helps" us to spot scammers. But they become scam itself. Like almost every ICO rating.
"Make your own research" is not just a few words.

Cryptocurrency scam is a big obstacle We should come out of here. Myshield has a nice platform for this. it is anti scam platform. It is very secure and promising. I think we can reduce the scams. Thank you for sharing the link.

The best way to stop scams is to do it yourself.  Don't get scammed.
Might sound too simple but that's what's necessary.

Anyone that approaches an ico without being greedy, foolish and naive, will take the time to really understand the company they are giving money to.
Things like seeing and trying out the product, talking to the devs and team, fact checking their claims, reading their business plan etc.
Anyone that doesn't do this just blows my mind.
Why on earth would you give money to somebody or something that you know nothing about?
If I told you that I have a friend that can double your money, all you have to do is give me $100, would you do it?
Wouldn't you want to know who he is, what he is doing, and if it's real and reliable.
Are you just going to take me for my word?

As far as developing a platform to stop scams go, that itself seems very scammy to me.
Like someone trying to sell me a product i don't need.

Scams are always a great problem for ICO. To spot a scam we can check the security of ICO, the information which is given that is checked someone else or not ,we need to a security alert.

Hello pal! You can spot scam project if that certain project do not have any goods or services to offer. But it seems like, even a scammer have a looks of legitimate ICO, that's make it difficult to discover or to find out that's a scam. Be careful when investing you might lose it. Cheers!

High hard cap amount, anything more than $15 million, and they just want your money. Youngsters with no experience floating a company on a whitepaper, always go through their linkedin profile. If they do not have 10 years or more of experience, they are likely to go down. No cliff period or token locking for team. Less than 75% tokens open/sold to public. Sketchy website etc etc.

Its so hard to find a scam ico for now because even scam they have the roadmap and whitepaper for props. You need to do a deep research regarding the project if they have a product and the team also important.

MyShield says the concept is good but the sign of knowing a scam ICO is really hard. Making the ICO fake website is likely to become a hot trend for scammers this year. In the past year 2017 there have been many cases like this and have caused many people to lose a lot of money, of course, the scammers are the most beneficiaries and this is a good way to use. But there is much prey stabbed in.

it's hard to know, but for me I do not want to join some Icons that have a low member in the telegram and are not active, and followers of Twitter are not big or in fb, and if you want to join some campaigns, try to join trusted managers, so that you are protected from scammers, try also to read their roadmap, as well as their partnership and website.

No, if anything seems suspicious do not invest and move on to another coin, there are many projects that have been caught using fake profiles and fake pictures and despite being exposed on the forum and other websites over the Internet the investors do not even take the time to look for that information.

So if an investor gets scammed even when that information is widely available then he is completely guilty for his own losses since he needs to do everything to make sure the money he has is invested in a legitimate project and not in a scam, so check everything even if the whitepaper has a small mistake you must analyze it in a deep way, after all if there is a mistake there, how many mistakes are there that you are unable to see?

it is difficult to determine whether a project is fraudulent or not. and no one will tell you exactly.

How to spot a scam, to me it is very difficult to know no an way to get, because if you see some scam project  and you were to that it is a scam you will never believe due to their package.

You don´t need to be a victim to detect a scams, you just have to have common sense. It is good anyway to have platforms that can take a better look at ICOs even if nothing is like DYOR.

I'm also interested in how to identify fraud? I've invested in this project MPCX is a digital block-driven financial services platform.  MPCX
is designed to serve entities' and individual's needs in the areas of digital
wealth management, cryptocurrency exchange and trading, digital banking,
crypto research and ICO promotion, and crypto lending.

As for me, this is a completely transparent and much promising project. Who will say anything?

I try to trust the bounty managers I work with, if they make a mistake and the bounty is not paid, it will fall on the trust of this person. Usually well-known bounty managers try to choose the company with which they work.

This measure is needed to eliminate scammers from space it is threat to blockchain space, if this group can achieve their objective that will be good, i hope they can reduce scam from space.

It is too difficult for our community to avoid scams and measures to avoid just being polite and restricting some. But sometimes the limitations are inevitable and i wonder luck or not.

From my experience, most scam ICO usually come up a clone of other projects, they are not bringing anything new. Also there is usually no transparency in their dealings with contributors. Some will also as far as falsifying information about attainment of soft or hard cap.

Posts and comments of experienced higher ranks are more reliable than your gut feel about it. They analyze even more accurate and most of the time they are correct. ICO scams are hard to tell because it blends among the legit ones and they are almost the same.

i think your experience will tell you how to tell them apart and the quality of the website, of course, so you need to have it in your mind

Eliminating scam ico is a strong word because most of them makes it looks real until your dollars disappear. But proper analysis of the team how reputable they and usecase of the ICO is a great determinant.

Although some scam projects have gone extra miles to make their platforms look legit in order to raise funds for ICOs, there are still some common form of scars that should be frowned at, for example;
1. Too high bonuses
2. Not enough information about team
3. No clear progress on roadmap stated in whitepaper
4. Fake partnerships

I considered the project as a scam if the information that we need to know are not enough, and if the team members and manager is hiding behind fake names.. also we can know if its scam by reading their whitepaper, if you see that their wp is very suspicious, its up to you if you’ll go to invest or not.

I believe at first it is hard to spot scams Ico since most of those new project creates the high possibility to be true of their words and shows good project. We must always do some investigation before investing into Ico's.

IMO, you don't need to have such platform to do your homework for you. You can establish several metrics and standards to determine which ICO is scam or not. Like for example, a project with no team member is a scam.

I think there are not platform that could tell you exactly when an ico is going to fail or when it is a scam, I think I would stick to checking the team behind the project before getting into a project, check their background and everything.

Its hard to identify scam because too many ICOs launch by many company. But its more safe if we join in ICO that back up by reputable company and having real product and having strong community

You need a lot of experience spotting a scam. Even you know the basics of the introduction of ICO like ANN thread, whitepaper, reasonable payouts on campaign and trusted manager, still it has a possibility to be a scam. If you have a skill like a psycholigist then you can differentiate it.

One has to be  wey careful and do all necessary research before investing in any icos because there are very many ICOs nowadays and most are only for their selfish purpose. I've heard of myshield before but I have not been following them though.

worst than scam project is bad project  ;D because if scam project still can be predicted. But project which sucess in ICO and not success in market only make investor loss their investment

In our time it is very difficult to determine whether fraud is really wrong. Any company can be a scam. Here as in roulette for luck.

There is another way how to recognize scammers. Honest team members and administration should have contacts so that anyone with a question can contact them. Scammers sometimes do not expose

I agree with you. There are many give aways that point towards an ICO being a scam but the only way for sure its by doing the proper research.

  I see you are well versed in how to define a scam project from a startup? Help me in choosing a company for investment?
I've invested in this project MPCX is a digital block-driven financial services platform. MPCX
is designed to serve entities' and individual's needs in the areas of digital
wealth management, cryptocurrency exchange and trading, digital banking,
crypto research and ICO promotion, and crypto lending.

I believe that this is one of not many projects with which you can cooperate. How do you think?

It not so easy to get some scam ICOs because some of them have good start but bad end.... I think the best thing to do is to make research.

I think there is no current app or system that could make you avoid scammers, I think people should keep checking on their own to see if the project they want to invest in is reliable.

I don't trust have a lot of trust in third party sites to take care of my interests for me, for this same reason we are trying to stay away from the banks, almost always those sites of recommendations are open to payments from outside in exchange for a good rating, so it happens with ICObench too, that's why it has fallen into disgrace, the best thing is to go back to the old ways, read the whitepaper a little, find out what is happening inside the community by discord or telegram and see how the project is going, that can give you good indications if it will be a good project or not.

I Agree that Myshield will us with scams however it will not guarantee that we will never get scammed because of myshield. Its not 100% protection. But with the help of study and knowledge you will avoid scammers. So before you participate its best to read and study the project first.

There are multiple ways to spot scam coins but really there is no one size fits all when it comes to spotting scam coins. First if a project does not have faces behind it then you should be very wary of that project as there is every possibility that it is a scam. Also read the whitepaper, if it is full of grammatical errors then just know that you are dealing with a scam coin.

The main thing is not to believe the hype. And to study the ico project yourself. Before participation, or investment: carefully and thoroughly check the project, go to the website, read the project document, look at the bounty Manager. I'm not an analyst ico, but these simple steps eliminated most of the fraud. ((For me)

Also look for information about events. If a team goes with its project to people, shows its faces and achievements, then there is a chance that the project is real.

Scam ico is hard to know but i will say you should study whitepaper well and check there team and know if they have product..

If you see an opportunity that is too good to be truth you should be careful because that is a scam opportunity.  Many people invest into a projects because of the ways there rate the opportunity in it by buying after reading white paper and if you invest you will find out that there are scam. 

Investors must also be aware of the roadmap that is "too good to be true" / too good for reality. For example: they promise 100% of their ICO will be the second Bitcoin and promise lots of prospects or high ROI (Return on Investment). Most companies that express sentences like this are usually fake companies like Bitconnect which can only give sweet promises and sell dreams, this is because the value of a company cannot be measured based on their expectations and is only a market that can determine whether a company has the right have this value. But the company could be "market make" or the term "frying" their own coin prices, but this is not often the case and it is very unhealthy to expect something "not necessarily" to happen.

Do not be easy to be provoked in a detrimental investment with a very large profit offer because this could only be a loss for us always careful in choosing investment

To know and identify a scam is to check first their ICO project if it is still updating, then if it is still updating check the white paper and the amount of the softcap and hardcap so that you will know if they will reach or they can reach the amount if not then they might pay the member with small amount of token or they might not continue the ICO project. Some of the project that is not updating it then it is also a scam.

I think it's not too difficult to recognize a Scam project. First, get to know each member of the project team. Then the Website, the white paper of the project must be professional, not plagiarism. The concept of the project is also very important, it must be clear and realistic.

I really hope the telegram group can sincerely help to identify scam project for long but my fair is,  once those scam project start giving them money,  they won't pick them as scam. Just like all this ico rating site,  initially,  they were rating coin genuily but now, I doubt if they give poor rating for a project owner that tip them.

In my experience in choosing a ICO bounties is hard, some of them it looks legit but turns out to be a scam but their are ways to increase your chance in picking the right ICO.

You can spot it easily by checking the project first and visit their ANN thread, check their team, their website and join the telegram group. A good project will have an activity on their ANN thread and their telegram group. If no activity and chat only full people asking bounty, then leave.

On spotting a scam, you can definitely spot it easily based on the project. And on how the way it is being handled and  market into the public. Research and reviews also helps to identify if its really a scam or not. You can also spot it as a scam through negative feedbacks and less endorsing of the project. If its concepts wasn't clear then there it seems to be a scam. To avoid being scammed, do some researching and have a time to review about tbe project if it is going to be a good project or not.

it's very difficult to find ico scam even if you have been a victim, will not be able to find the next ico scam and for that we only need to read the thread often at https://bitcointalk.org/index.php?board=83.0

joining the community is the most effective thing in every discussion.
but I don't think anyone really can guarantee that.
every investment in ico is part of the risk as well as investing in altcoins.
I think knowledge plays an important role in this field. as well as experience.

News or good news for us bounty hunters..
Just be more careful to choose ico at this time, by finding information as much as possible the projects that will be followed..Through official websites and teamwork that you can trust..

I also think is hard to spot a scam if there can't find some info who can make think that is a scam, also scammers search a lot of ways to cover and is even more hard to spot a scam, but always is better to research and see what community say, if there is any, or info on forum or somewhere about that ICO.

Website templates are available in huge numbers so even you may get scammed by looking at the site as well so better choose the ICO with the team information, worth of product and white paper.
These things will allow you learn more about ICO.
If you see legitimacy then you can invest else stay for your safety.

To determine the quality of the project you need to pay attention to the following factors:
1. community (telegram, kakao, discord groups), activity in chats.
2. project team (information from independent sources)
3. rating on rating sites (icobench, icodrops ..)
4. the idea of the project, the product, the ability to use in real life.
5. technical side, tokenomics, consensus algorithm, whitepaper.
6. partners
7. information about the project in the press (HYIP index)
8. website quality
and more..

if we have done research and there is something that makes us unsure about the project whether it is scam or not, I don't think it is good for us to force us to join the project. join the project that really makes us sure.

I don't think it's quite easy to spot a scam, considering the fact the perpetrators take their time to design every bit of their crime. So you can hardly figure out the real intention of this scam. So I would say you need to make a deep research always

If you are not carful you can end up investing in a scam ICO without you knowing, the last time I was involved in an ICO that turn out to be scam was when I was carried away by the overzealous promise from the team the promised a good return and even announced the achievement of the hardcap but at the end the team ran away with investors found. So you have to do toror check on project before you invest in it to avoid scam.

On spotting a scam, you can definitely spot it easily based on the project. And on how the way it is being handled and  market into the public. Research and reviews also helps to identify if its really a scam or not. You can also spot it as a scam through negative feedbacks and less endorsing of the project. If its concepts wasn't clear then there it seems to be a scam. To avoid being scammed, do some researching and have a time to review about tbe project if it is going to be a good project or not.but this project Dencoin is a good project that we may invest so must go and try this project.

It is very good if there is a community to eliminate ICO scam and this certainly helps others to avoid loss due to ICO scam. So you have to join, it seems like to see what ICO is a good scam and ICO. And I personally have joined the community.

yeah it is hard, but my experience if that project is scam is no action or move in the real word and no social promotion in real world.
ICO rating is not right for now, that review can get 5 stars or 10 point, we must extra becareful of cryptocurrency project now.
keep your eyes and keep safe guys.

To easy to determine if its a scam,just do a review and make research in the project so we know the background a d the aims of the particular project and now we nust be careful in what we are investing because there are so many scam projects right now as the market is going to its glory days again.

not easy to do because fraudsters are very clever to cover their guise.
now good and bad projects are almost identical so we cannot find out for sure unless of course the project really does not meet the standards.

in my opinion, if the ICO scam is seen from the concept does not make sense, sales are always closed without publication, Team photos are not displayed and are not updated at all on social media, Facebook or Twitter

I think to determine if a project is fraudulent or not, you need to check the documentation very carefully and draw conclusions from some kind of this project.

Please, could you kindly explain to us how you recognize that some platform is a scam? Do you also mark as a scam a project without any progress or development?

 :) That will not be. It seems to me that such platforms do not exist. Any team may not fulfill the conditions. Well, it does not leave them to implement the project.

Its quite difficult to spot a scam but there are some characteristics you can use to determine if a project is a scam or not. Some of these characteristics are the inproper documentation of the project and.some concepts which may not have sense.

What do you mean? If you have participated in some scams and lost money, then you know how to determine each of them.
As for me I am trying to participate in good projects and avoid scams

There are so many scam projects everywhere, you have to check them out on social media, study the whitpaper, join the Telegram community and monitor the chats. If the team attend blockchain meets. All this help in spoting fake projects.

Honestly I just heard and read about the Anti-Scam platform now. So far, I feel that there is no specific strategy to know and eradicate this fraud. This is evidenced by the number of victims of fraud. I just hope there are special institutions that handle ICO, IEO, and STO so that this fraud can be detected and prevented from the start. I only hope that crypto currency competition will be healthier without harming one party in an improper way.

Concepts that doesn't have real  possibilities should also be avoided, it's a sign of nothing will be accomplished along the way, those scammers always have a good sets of promises but there's nothing to provide, avoiding them is a must to lessen chances being scammed.

select projects that are really good and thorough in detail so that you are not stuck in a Scam project.
You have to be careful and not easy to trust anyone, you have to be sure of yourself.
many fraudulent projects so you should avoid them as best you can by looking at the truth of the project to be chosen.

I will say it's very difficult to spot a scam in a project.  Most of this scam projects, tends to have a good fundamentals,  good roadmap well planned use cases and products.  So it's kinda difficult to spot it, sometimes during ICOs they tend to raised money , and then lock up the whole project. It's difficult

You can spot scams in the crypto industry because scammers are uncontrollable as we have been doing up with scammers who were controlling the ICO projects as developers but in real they were scammers. You should get rid of ICOs because you can be scammed there but all ICOs are not scams you can find good one. However, you can get the same benefit from other alternative projects recently launched.

Currently it is difficult to identify fraudulent projects. They are sophisticatedly faked and look like worthy projects. You need to be very careful not to make a mistake.

Even if you have been a victim of scam project before, it's still not easy for one to spot out which project is scam or not. Talking about the Anti-scam stuff, I haven't seen anything about it but I hope it's real.

I think that you are absolutely right that it is very difficult to determine an intelligent cheater.  The fact is that even the most professional users of cryptocurrency, after careful analysis of the project, still cannot give a 100% guarantee that the project will be successful or authentic.

After checking the site of the project I can conclude this project is legit or not. It is as simple as that for me. What they wrote in the whitepaper doesn't mean anything to me if there is no capable team which can count ten successful projects they were part of it.

When you become a victim of scam project, you will more caution before join every ICO.
To spot scam project, it is difficult at first. If you find a trustful ICO, don't be hasty to buying in ICO, just keep attention to the project.
But now is easier to investing because IEO. You can joining IEO project because it more trusted than ICO i think.

Some time ago, I know some project like myshield, they want to help an investor to avoid scam ICO, but now I can't find them...

Scam is always a hoax, which means checking all the information sooner or later you stumble upon proof of deception. It all depends on your effort.

All these paper stories mean nothing to many. They can also share. Very easy. In general, electronic documents here will not help us. It is necessary to verify the identity of the developers. And follow their past achievements.

The only thing that can stop scam are the regulations, but if we would implement hard regulations we will lose the major feature of all crypto currencies and this is the anonymity. I will rather stay decentralised and will avoid scams on my own.

Spotting scams are not that easy because the manipulators take their time to cover their tracks they make everything look so perfect that you can find it very difficult to differentiate a real project from a dubious one. Just be careful

There are different platforms that offer the service of detecting scam projects, but not everyone of them can be trusted. I guess any of them that want people to patronize them, should first tell us and give evidence of their portfolio.
Also, scammers are these days coming up with different strategies that make it difficult to detect them. Even at that, those who have enough experience can easily spot them.

It's quite difficult yo spot a scam from the  start because some projects looks very genuine but in reality, its no where genuine. Its a scam. That's why its important and necessary to find out more about the project before investing. This will help you get the right projects.

You are right, cause one need to investigate thoroughly before investing in any ICO. Go to the profile of the teams LinkedIn, check the activities of the project on social media. Study the whitepaper, even the Telegram community activities should be monitored. IEO trend has reduced the scam rate.