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The ICO project is currently far more than income for a moment. Try to make the most profit possible, until the ICO deadline is over, and then make a big sale. ICO projects are indeed potentially high enough to be used for fraud, fraud which is detrimental to investors.
Especially if previously the ICO project did not require any legality.
Before investing in an ICO project must pay attention to several factors:

1. Must know detail Concept of the ICO project
A good ICO project must have a good concept.

2. See market segmentation
How much market potential is related to project segmentation and of course must have new innovations

3. Long-term orientation
One thing that can make it easier for you to judge, is to look at the real objects offered from the project

4. Team
Who are the people who work behind the project

Is there another way to avoid scam ICO projects, your input is highly expected

Thank You

That's a great point, i also evaluate projects by noticing the reputation of the project: Are there full names and faces associated to the project, Do they have active LinkedIn or other social media profiles?

The activity of the project also, If the project has been abandoned, then it isn’t worth your time and money. Move on and Dont be tempted to fall for scam.

Then lastly blockchain technology, Not everything needs the blockchain.

In addition to seeing the concept, we also have to see products from IO because I think products are very important in achieving IOO's success, if there are real products, many investors will support

These are all valid point, But once it will not reach softcap surely they do not listed in market so automatically move to scam project. The recent market was really unstable so no one is predict the right ICO in current situation but we should stay away in ICO participation in this year, all the scam projects are died so potential projects are visible in the market.

It is also necessary to pay attention to the technical documents of the project, perhaps they will be fully or partially copied from other projects as scammers often do.

I agree, for now it is better to avoid investing in ICOs due to unstable market conditions. Thank you for your input

This topic was discussed many times here but the answer can be dound in beginners and help section where lot of guidelines were provided which can really will be helpful to find the scam ICO.Some of them were

1.[Guide] Prevent scam!!! Some useful tools for find scam / fake ICO team 🌍 (https://bitcointalk.org/index.php?topic=4586576.0)
2.🔥🔥 TIPS to avoid BOUNTY SCAM 🔥🔥 WORTH READING 🔥🔥 (https://bitcointalk.org/index.php?topic=4324348.0)
3.How to know if an ICO is a scam? :A beginner's guide (https://bitcointalk.org/index.php?topic=5030613.0)

thank you for the link that you have given too me, this really helped, how should i choose a good ico project.

The best way to know and avoid scam projects is simply going through research. Check the website, white paper, team members, road map. most of all try to know what the concept of the project is all about.

Other than the real objects or objective of the Project, Market Segmentation, Management team and lots more, you must definitely also be oblivious to highly determine the Qualitative community behind the project is my submission.

My suggestion would also be to check out team background and experience on LinkedIn. If everything looks like it should be, then maybe google them up and see if they are present on even more social channels (mostly scammers won't deal with setting up more than 1 social channel for fake person). If they are, that is a good indicator of their authenticity. Also, check out (or ask on official channels) partnerships they claim to have. Many times it turns out that their partners don't know what are you talking about so that is a big red flag.

The fact is that there are certain resources that are involved in verifying the authenticity of the ico company and then put up a rating. But lately, these resources are very difficult to trust, although if you carry out this work yourself, then you need to spend a lot of time analyzing all the information and the request.

whitepaper is by far the most important determinant of the seriousness of a project. It must be comprehensive, thorough, and explain the technology from the source of the coin. Other assets can include videos, blog posts and other contributions from the team. and don't forget to check the project community, the community is an important indicator of cryptocurrency investment. Crypto currencies have communities collected online on websites such as Reddit and Bitcoin.org , Github is a good source too, and those who can read the code can see at a glance how well the program is programmed.

In order to avoid getting scammed, you have to do A LOT of research.
What can you do to avoid getting scammed by ICOs and other fake online investments?
Avoid them..

In terms of investing, you really want invest with reputable people, businesses, and brokers (online or off) with a highly ethical reputation. And even then you need to be skeptical and ask hard questions.

This day in age, the internet should help with this verification overall. But the key is still understanding who you are doing business with.

Even real life people can rip you off (), but it’s easier to get ripped off if you don’t even know who they are.

Regarding ICOs, although many people can and have made money in crypto & ICOs, they are not (typically) investments. They are speculations.

This is because you are not investing in the equity of a start up. The value of a company’s coin may go up (based on supply and demand), but (typically) it is not backed by real cash flow that drives the value of true investments. I’d make the same arguement for fx and other assets such as art.

If you want to speculate with a small percentage of your money, that’s up to you, but understand the risks.

Start ups have high level of risks, but ICOs combine all of these risks:

start ups (often pre product)
crypto (highly volatile & ungregulated)
100% online funding (harder to verify legitimacy & perform due diligence)
speculation with a “get rich quick” craze
That said, I do believe crypto technology will transform the world in someway. Just don’t get too caught up in the get rich quick craze by putting too much of your money into this market. Also don’t put too much in any one deal.

If you want to participate do a lot of  and diversify.

I will add to these points that the company must have a finished product.

For me one good step is to check project at IcoGuide.com, as their rates are realistic and not paid. But for sure this is not the only criteria, all the things you mentioned should be taken into consideration.

I like this idea, but they will not do some ICO if their product are already finish IMO.
It is just to hard ro avoid scam ICO nowadays just because there are so many ICO event at this moment. Maybe we need some kind like 3rd partner ICO management or something to protect us from scam.

These are obvious facts. But even they do not guarantee safety. The project may initially focus on positive results, but for certain reasons, turn into a scam. And in advance it does not foresee.
But just don't forget that the scammers are not stupid. Even if there is at least one unwary for a dozen cautious. They also learn from mistakes and each time improve their schemes.

Most bounty hunters participate in several campaigns simultaneously so applying scam detection mechanism to all might be a pain in the neck. It is helpful if you also join bounty discussion groups where people share their thoughts on projects and educate each other.

How about escrow? ;)
maybe this will protect us from scam projects

ICOs scamming people are a real concern nowadays. It is advised to use one's intuition and do a background check of the potential ICO before investing.

Great topic to discuss and to avoid scam ICO's. It will surely help newbies from making mistakes and eventually loosing money.

Even though you do a lot of research, these scams are so artful that they just fool you. There's just no escaping sometimes.

It's tough to avoid scams which are done so well now-a-days. But if you are careful enough, analyze the project, the team you can definitely do something good.

The best way to avoid fraud in ICO is to not participate in them. However, wanting to get high returns, participants want to take risks. I support such investors.

I fully agree with the author. but unfortunately even these conditions do not guarantee that the project will not be a Scam. although it significantly increases the chances of return on investment.

A good way would be to always make sure that you are researching into any coin that you are going to invest into before you put your money into it. There are so many people who are investing in coins that they know nothing about just because of the hype around the coin, that is one of the best ways to avoid the scams, don't follow the crowd so much

hihi Your way may be we should abandon the cryptographic market, do not participate in them, there will be no work we are scam, however your way completely not suitable for some people they are wanting to This is a great opportunity for you to increase your knowledge and potential project selection.

one thing is we dont really know everyone in the world will be in a team, also sometimes "failure" on the project proposed can easily wipe off the crime of scam

yeah maybe it right, but if the project not reach softcap, that point will be useless.
sometime project with not seeded, they make big surprise, so we can't depend on that rules.

Ways of course real . But Scammers thrive and will thrive wherever you can earn. Sometimes they are so well done that it is impossible to understand for a long time that it is a fraud. There would not be them, of course life would be better for all of us. But this is simply unrealistic. Many easier to become rich in this way

Ask yourself: does this project need blockchain or it could survive without it. Most of projects implement blockchain with no real reason, so their ICOs fail fast.

I am glad and thankful that I read these statements of yours. These can help me and other crypto users to determine a project/s is/are scam or legit. It is really important for an investor to consider these 4 factors before investing on a certain project so that he/she can avoid of being scammed.

There is a list of advisors that support scam projects only. It is easy to find it somewhere on this forum. It is the best way to avoid scam ICOs.

Look for the competitors. Most of scam teams avoid competetive analysis part in WP or show that they have no real competitors. Of course, it is a lie, so be careful.

The scammers are getting better and better at what they do so sometimes it makes it harder for us to vet which ones are real and which ones are bad. Even the most known people can be paid in sponsorship and they could be bought and hype the coin and when you see someone important telling everyone one coin is good usually makes everyone get hyped up about that coin and get into it. Only to realize that coin was a scam coin and they made the famous person tell it because he got money for it.

There are times they lie about who supports their coins and you believe it unless you really research and learn it actually is not true. Scammers get away with millions of dollars from these ICO projects so they sometimes spend thousands of coins just to get more money from you and run away with it.

Yes the first thing I check are the names of team behind the ICO project. Some people don't even bother to research the project before investing so they get easily scammed. Many good ICO projects also are real but if they didn't reach the softcap then thats the time they are scam.

The greatest way to avoid scam projects is to avoid all ICOs that tries to enter the market by themselves. I mean of course there are a few projects that need to do all thing by their own and they got real idea and thoughts how can they realize it. But the percentage of such projects is too low.
If command can't hire bounty manager at least and create new account to manage it - it is not good sign

This is a rather complicated question. Avoiding scams is not so easy. At first, the project presents itself well and makes many promises. but you never know what will happen in the end.

There are many factors in selecting a right ICO:

Team
Timeline
Media and Community
Code Samples
Regulation
Distribution
Purpose
White Paper
Global Potential
Circulating Supply

If an ICO has all the above mentioned Points then you can invest in the ICO.

‘List of ICO’ is the place to be in, if you are looking for a comprehensive guide to ICOs across the globe. You get the latest live token sale and ICO updates. The platform also supports you to launch your own ICOs, You can also read the latest articles and blogs on the website.

To know more: https://www.listofico.com/

Check out this article to help you avoid ICO scams

10 Signals Of An ICO Scam

https://medium.com/financex/10-signals-of-an-ico-scam-c8876502285b (https://medium.com/financex/10-signals-of-an-ico-scam-c8876502285b)

Scammers may place anything about team. Idenity theft is still a problem. Just imagine that you are not in control of personal data. It is one of the biggest issues.

Great lists of reminders. It will really going to depend now to users or investors on how they will going to find good projects and avoid those possible ICO's.

There is no certain tool, but it would be easier to avoid scams if every Team Member should pass KYC. It means that we would be able to sue team members.

Scam may not be created as scam. There are a lot of cases, when only person of whole team managed to steal all the money, so it is much harder.

This is true because of the frequency we have been having scam project which has brought a lot of suffering on both the investors and bounty hunters. That is the very reason i am selective in promoting any project so as not to be seen as an accomplice. The  points mentioned will help to sieve the good from the ugly ones.

although it will not be fully successful in avoiding projects that are only deceptive, but with caution and thoroughness in choosing ICO, it will minimize us being deceived when participating in the ICO. I think ICO rating sites are also quite helpful because on ICO rating sites there are projects that have been researched, so we don't have to bother checking out many ICOs, just choosing from one of the ICOs on the ICO rating site.

Denial of responsibility in every ICOs' WP - it seems to me tha world gone completely mad. That is why I keep distance from ICOs and other crowdfunding activities.

I will add this to the list!
The project must have the potential or power to be part of the future.
They must have the key to stay alive in the competition of cryptocurrency and the market.

PS. the list is all good!

Maybe this thread can help us to avoid scam ico 🌍 Guidelines, how to spot a scam ICO & report effectively. ✔ (https://bitcointalk.org/index.php?topic=5004397.0) . But this maybe can't 100% work because they  scammer always do many ways to make people invest at their project scam so what should we do is becareful and always do research before join project.

I invested in several projects, which were aimed at insurance of investments, beause it is the only way to bring some part of trust back. You should do the same.

I think the factors that you have mentioned are already enough to avoid a scam, if we have known about those factors well, I think we will not get trapped on a scam then. We must analyze and research a project before deciding to join.

To avoid ICO scams, we should improve our knowledge of how to analyze the coin, anticipate the ICO's trend, thus avoiding fraudulent ICO projects, and especially detecting the project. ICO scams are involved in their community will see clearly.

These are good way to avoid scams but in generally , these are not works. Because , some people during the ICO may have some problems all the time.

A very important words and I hope more people will follow them and would finally check the projects that they are taking part in. Because I am tired of people saying that all ICOs are scam, but they have never read the docs of an ICO.

Those points should be taken serious to avoid scam ico, i would like to emphasis more on team, for a project to be reliable reputation of team will have huge say on that good team won't want to tarnish their image in public.

All possible options that in general may be they are probably already described in this topic, probably the situation now should have been better, but I still see how the scam projects raise money.

I think, the four factors that you mentioned are appropriate for avoiding fraud on the ICO project. Of the four factors, the Team of the ICO project was very influential on the fraud of the ICO project.
Because, when fraud occurs, many parties lose, not just investors. Including the manager who manages the bounty.

Checking if an ICO project has already a working product is a good criteria. Most projects only make promises with just a whitepaper and most fail to produce a product. Having a working product you can test is a good indication that what they're aiming is achievable.

I think before you get involved with any ICO project you should carry out a due diligent search of the project to ascertain the validity of the project by reading through the project whitepaper properly. Thanks

I always read more informations about their ico project and I always check if their are have a good team. Because team of the project is the important thing to answer all the questions of every participants for their project.

I think that the team is the main parameter in any project. Before investing we should be sure that all team members are professionals in their fields. This information we could gain from Whitepapper, other documentation and social-media activity.

In addition to make I think also you should look at the product they are building, is it a product that will have mass usage? who are their competitor is blockchain actually needed for the project and look at their like partnerships.

Agree but with all of this we are still scammed. Every illegitimate ICOs are to good to be true. We find them good but dead at the end. The thing is ICO's are not regulated there are so many of them and anyone with the capacity can start a project. It is still a good idea to do research and see its details to avoid scam.

All of this of course all correctly and well said . But I am increasingly faced with the fact that those projects that I did not put very well shot . Although the analysis of the product, ideas and teams did not inspire the prospect of growth. And Vice versa from whom you expect growth-or failed, or the swindler. Everything can be very unpredictable

You should update your knowledge and improve your skills so that you can avoid and analyze any potential ICO projects, and any ICO projects that are not quality to stay away from, that is what you should do. .

For me, the best way is to read white paper. It is thanks to her that I still understand what project I faced and whether I can trust him. I'm not interested in anything else.

A good way? Dont join at any ICO. you cannot avoid at all. You will know if its a scam once you have entered it.Of course you just need to see the concept, team and the whitepapers. Nobody knows whats the outcome of that project yet but if have suspicions, quit that ICO at once.

I avoid such projects very easily by the usual study of features and documentation. And I do not understand what could be a problem with finding a normal project. It's very easy

I am also researching the team of any ICO, because some fraud projects are so lazy, that they are just copy pasting team information from another project. Be careful with this and always investigate the team and check if they are real.

Good thread with some valid points, team is always one of the most important factors for me. No way I'm investing in an ICO with a team page filled with stock photos and no social media links. I saw ICOs before with LinkedIn profiles who had like 5 connections, that already is a red flag.  ???

what"s about Precium foundation? 

Nice thread with very valid points. It's important to know about all those things before investing. In addition, you should also look at the use case to determine the viability of the project and don't invest in a project that talks about the potential future value or returns of their token. Ignore hype and look at actual progression on stated milestones.

In addition, one of my factor in choosing a decent ICO is the product, is the product good? do you think it will help people with this product a lot? and do you think this product will become popular in the future? and if your answer is yes then you can now participate in that ICO. :)

Thank you for the input and I think this is one of the important points that I should consider choosing ICO.

One good way would be to be ready to do extensive research, once you have a project that you are interested in investing in then you are going to want to look up everything that is related to the project which is what is going to help you determine if you are dealing with a legit project or with a scam project. Also looking up their projects on social media would be a good place to start

If you really want to avoid scam ico projects, you can choose to not join in any icos. If the project is not already scam, they will be listed on exchanges and you can buy them cheaper.

I agree, if you do not want to be deceived, then you should not invest in ICO projects at all. Guarantees of the project integrity will not even attract celebrities. The best characteristic of the projects utility is their popularity on crypto exchanges. Therefore, for me, the best solution is to buy tokens immediately after they are listed on exchanges while their price is at the bottom.

The most important thing to check out when trying to know more about a project before investing in it must be its whitepaper. This business plans must be elaborate, easy to comprehend and must contains all the necessary details of the project and the plans they have ahead towards achieving their goals.

I agree with you, I don't think ICO projects like this will exist forever and maybe someday ICO will disappear, and maybe replaced with something better because as we see too many people lose their money because invest in wrong ICO project. and my advice if you want to avoid something like that then choose the project that the team always shows their activities.

I think it is always hard to detect scams easily because the people behind the scam would tell you almost as truthfully as possible so that you might be thinking if it is real. They would do always to encourage you to join as much as others would do normally. I think when an ICO is promising too much there could be a possibility that such an impossible promise will tell you that they are scam. So maybe promises that are impossible to do could be a clue.

The only way to avoid the ICO Project Scam is to do analysis. We can do analysis by searching for information on various websites and forums. Besides that, following various developments in information in a community can help us monitor what points will help the project develop.

When there is something suspicious then we should avoid the ICO project, keep the assets we have and it will help us to get closer to success.

Analysis for each project is a good idea at this time because any project will be very risky and can cause you to lose a lot of assets in a short time. I personally believe that investing in ICO projects is not the best time choice and you should go back in 2019 because the opportunity to make a profit is higher.

I think I will take part in ICO if it is permitted by government agencies such as SEC.

Overall, the best way to avoid scam ICOs is to become very diligent and serious enough to make tedious and deep research as to the credentials of every single member of the team, the details of the objectives of the project and how they would go about reaching them , the products, the economy, the roadmaps, partnerships, and so many other facets.

Carefully reading whitepapers is only one of the tasks needed to fully come up with the best choice of ICO.

Without the necessary traits to do all these, the best way left to avoid scam ICOs is to avoid ICOs altogether.

big promises are not always an indication that a  project is a scam. you need to objectively evaluate all indicators.

It is difficult to be accepted by the SEC because the market still has no confidence of the SEC, making investors feel more concerned. I am waiting for the SEC to recognize this market because it only needs 1 good news, the price of Bitcoin will rise very fast and may soon return to the price of $ 20,000.

Agreed with you, these are all valid points if we follow these points we can avoid to be scammed.
I will add that you will have to study project deeply & you must follow social media & check the people’s comments on this project.

Also check the rating of that project on different rating sites like ICO Bench.

Most times, those behind the project will give you easy clue if a project is scam or not. If you must confirm the authenticity of the project, then you should contact the presented team one after the other and ensure  that their identities are real. Not only about real identity, but that they must have experience on blockchain and perhaps might have been involved in one project or the other on blockchain.

In order for your plan to work, you need to have some experience in analyzing projects and understanding how the token itself works, why it is, how the project implemented the product, etc. A deep understanding of all project processes is the key to success.

Some scammer wisely do all of the above, but this in turn is confusing and the project seems optimistic to you!

It is good way to avoid scam project. But for me I the best to avoid scam project is too review everysingle information that you need to know if the ICO is good or bad. But remember there is no what really happen in the future if there is going to scam or not.

I think it may be the fact the project must deliver with the end product. if you think that team member and partners has recently come up with end product. then it will play crucial role. But all go to shit if, a good project is not come up with their promises.

Since some ICO uses blockchain technology, it is worth studying the repository for storing the code of this project (GitHub or any other) to check their reliability. If the ICO claims to use open source code, then the repository check will immediately give the answer, whether it is or not, because the code updates should occur at least once every two weeks.

These are common ways to select ICO, so I guess there is nothing special. Just make sure that ICO is complient with all of these features and that's it!

I agree with everything you write and I will add one more number of followers on their social media, it can be a reference for us to invest in it, the more followers, the more potential the project can run well.

Reading whitepapers in detail is the most common thing to do to find out whether the project is scam or not, and of course finding out who the team is there, investigate the team on the internet and if in doubt we can ask in this forum, this is what I usually do to avoid

to fight the ico scam, we must suppress very clear regulations and very heavy penalties for criminals who use ico as a means of mass fraud

I really agree with your opinion.
I think it is very difficult now to distinguish which ICO is good and which ICO is impersonating fraudsters.
to minimize this, we must often learn and understand the ICO.
so be careful now if you want to join the bounty program.

I don't know, I don't know how to distinguish ico from scam and I don't follow many campaigns and see them all the same and very convincing, it's very difficult to distinguish even scams that look very original but from several campaigns I follow those who use the web and on the left there are signs! maybe it can be categorized as a different scam with a web that has a key or lock symbol but it cannot be used as a benchmark nor is it very difficult to distinguish it

Yes, regulation is necessary. Now ICO projects have been reduced a lot. The future regulation must be strict, but we must also give more opportunities to new projects. If ICO is directly banned, some good projects maybe also very hard or need a long time to come out even this project is really very good, like bitcoin. Even bitcoin ICO is also looks like scam in the early days. ;D

the simplest way of anticipation is to learn every detail of the information provided by the project, identify more closely the project team and developer, and join the community

the best way to fight the ico scam project is to report them and give a very heavy sentence to the perpetrators of the crime, make them viral because of their crime

This is good way to avoid scamming that make research about them and get good information. Trusting blindly on any ICO project is an act of foolish. Try to find out who is the owner and who has started this project, how long it has been there in market after all this ask for their registrations. Be very careful mate there are allot of clever scammers.

Better to participate in ICO projects with the parent company behind. And many financial institutions have poured capital to invest in that project. There are many investments from organizations that will be a financial advantage to help maintain the project longer and a parent company behind the project will be much more powerful than a lonely startup project.

Unfortunately, all this does not give a guarantee. I just met projects with smart documents. Good idea. With real potontsialom. But they were a fraud. Scammers also able to invent projects luring us into their networks.

For bounty hunter in this forum, there are also some that must be known, namely knowing the manager who manages the bounty whether it can be trusted or not. it can be seen from the many positive comments from the participants here.

In this field of activity you must check everything before investing, because there are a lot of scam projects. As for me, I look through WP, check the activity of the GIT and for sure  look at the previous achievements of the dev team. If they have experience and know how to create really awesome project, I can invest in such ICO, but always use Risk management.

the best way to avoid ICO fraud is not to invest in ico. that's the only way you can do it. choosing ico isn't as easy as you imagine, even projects that reach hardcap can't be expected.

I do not think it guarantees that we will not be fooled by fake ICO because a manager also does not know the certainty of ICO and there are even managers who work with fake ICO to deceive us.

I wouldn't say that ICO is the biggest profit at the moment.
I think that ICOs are not profitable that much.
That's why I think that you are wrong.

Honestly, it is difficult to avoid scam projects. Most ptojects aim to gain profit, that is why some details in their whitepaper is sugar coated. I think you must look at the progress of the project, and look how the team delivers their development in their project. This attracts potential investors as the project progresses.

I usually look at:

1) The idea of the project. It should be worthy and smart enough. This is one of the key features of every ICO.

2) The team. Who are these guys? What background do they have? What portfolio?

3) The website. Userfriendly and modern design. Is it good looking at least?

4) The whitepaper. It should be detailed enough and look seriously)

5) The news and results of past rounds/private sales. Are the devs doing anything now? How much have they already collected?

The best way to avoid ICO fraud projects. Actually, we cannot guess the ICO Project whether it is scam or not. Because the ICO scam project is certainly very good game. Therefore many investors are deceived. What is certain and must be seen from the ICO project is that the Team, vision, mission, plan ahead. The actual rating is also important. So you have to analyze it first.

I think to avoid ICO fraud is to see a transparent team and also clear project goals. Of course token sales obtained must have more open monitoring.

yeah. you're absolutely right. i have invested my money twice with a very good projects, but still they've scammed me. the team were good too, when ICO was in public sale, they were so active. but after the public sale ended, they were gone.

I tried searching for them before making a decision. So far I have checked ICOs on ICODrops web. I feel this is a pretty good website. Plenty of successful projects are available on the ICODrops.

For me, the very first things I look out for are: good team, product or MVP, Token economics. If any ICO passes these tests, then it's OK. What problem are they solving and at what capacity? Are they bringing up something new or and improvement to something already existing? Can the team achieve the project aim based on their past experiences?  Is the ICO over priced, what's the vesting period for the tokens reserved for Team? Questions like this will go a long way to assist in one's research.

I am waiting if I can read some infos about white paper, but I guess you didn't include any. Also, I think whitepaper nowadays are not a strong basis to say if a project is not a scam, Scam projects are almost everywhere.

Because the fraud project has caused a large number of ICO investors to leave, many ICO projects will not succeed, so I think it is not a period of avoiding fraud but should avoid ICO investment. We should give it to the market to purify and wait for a good time to invest again.

I think is a good point how to find a good ICO project

This really needs to be taken into account so that later we can find a good project that will make us get big profits, so I suggest all investors to visit ANN and the ECOSTART website, so you can judge for yourself how worthy our project is to make it investation.
I am sure if you have visited it then you will be interested in joining

I'm not sure this works, because all of the ico are now almost delaying their entire exchange. I don't say scam but this is the biggest test ico when investor confidence decreases because some ico don't fail but run slowly.

Usually in ANN branches write about what a good project, or what a great project and wish good luck to the creators, but few people ask specific questions about what is actually a project. This of course applies to more little-known projects.

To see what can happen with an ICO this is a good read. Were were robbed of all premined coins and all ICO cash 380 Bitcoins. Then thieves called us scammers and are now dumping all the stolen coins on unsuspecting purchasers.
Please read the original Bitcoin Talk thread at https://bitcointalk.org/index.php?topic=1974261.msg19649715#msg19649715
And the original Twitter feed at https://twitter.com/thesuperiorcoin

If so, then you must invest in a long-term project. This will benefit you at any time. However, projects like this lack profit, and the process is also very long. But it will produce definite results.

Ann thread is one of the best way to know if tje project is good or scam or it will become failed because in Ann thread they have information that you can get once you review it and most of thread gives the purpose and other purposes why they creat their project.

The only way how to avoid scam ICO projects is not investing into this sector. Look about some big ICOs scams that raised hundreds of millions of dollars in their ICO phase (Centra, Envion) - these projects were very interesting for many investors, not only crypto investors invested into these projects, but what happened? They run with our money, even the team looks legit, even they had licenses and everything for a good start.

Listen to me. Prediction is worthless here, even the best ICo with transparency can result exit scam. man, big money changes people. Look at Tezos, it was lucky case they eventually was listed and continued to develop product after 1 year of discussions

Beside the mentioned ones, we always have to look into the technical details in the WP and analyze it. Another tip is to research the ICOs social activities, how they interact to their communities, but there is no 100% protection against scam projects.

No thorough research of ICO projects can save us from fraudulent ICOs. Recently this was once again witnessed by the ICO DESICO project, which apparently looked like a good project, but turned out to be a fraud. Their team simply stated that it would not pay bounty hunters for services. The only way out of this situation is the state regulation of ICO activities. Only state bodies with certain powers can save us from fraudsters in the ICO.

a little input from me related to number 4. (TIM). this team is indeed very important to be searched related to participating in ico, here I do by exploring their experience, how they manage the ico project before, if it can be declared successful in managing the previous project this will certainly be a trust for ico participants next ...

Previously, the ICO project was almost no longer in demand by most investors (if not mistaken, in Q3 2017), because investing in ICO was considered a method for building new whales. This thing finally proved to be true, especially when the new pope had a lot of funds deposited by investors, they began distributing coins/tokens that they had created to their investors. But at the same time ICO holders began selling Altcoin they had buy which they had previously used for their Project Basic Assets such as Ethereum, Eos, etc. When the sale occurs, of course the crypto price they exploit will suffer a fatal fall because the crypto volume they have's quite large.

However, ICO reappeared precisely in Q4 2017, at that time the crypto market suddenly received a lot of interest with quite diverse reasons. Simultaneously, ICO became popular among the public because of its rapid development, making most investors interested and began buying cryptocurrency such as Bitcoin, Ethereum, Eos to exchange it for different new tokens.

In Q2 of 2018, ICO was again shunned by crypto users, because most of them 90% were proven to carry out SCAM actions, at that time weren't a few investors whose funds were stolen by ICO holders.


By carrying out the right research, and the existence of legal certainty from the authorities that the ICO they run, has been declared feasible to be used as an investment vehicle, it's not surprising if all investments will come to the ICO they are managing.


IMO the population of a team that has quality and honest, needs to be leveled up and it's expected to develop as much as possible so that the startup this year and the following years will be better than those launched in 2017.

Excellent advice! It will be necessary to take all this into account, not to miss anything! Then my work will be more effective!

You have good points. I give kudos to investor that still go with ICO projects. I rather invest when the project is listed on exchanges than during ICO. That's my own way of avoiding scam ICO at least.

Thanks for dating this. I have gone through the links and find them interesting. I still would prefer investing after ICO ie after project listing in exchanges because scam projects are much now.

The best way to avoid scam projects is to research each project before investing your hard owned money. It will cost you a lot of time, because it is not easy to detect them, but it will safe you a lot of money as well.

I agree with your options. Also I want to add that every quality project must have mvp. When project can introduce beta-version of their product, it's really cool! Also I like checking social networks of the team

see the project in detail is a weakness of many people at this time. many of them are ignoring this and just look at the amount of the fee is great and also follow the flow of people entering inside. This is the wrong direction and culminates in a scam when they didn't want to deepen the good with crypto.

What you are mention is correct, i mostly done those things before i join into a project, better it's the ICO or the bounty campaign.
Since both are depends on the quality of the project itself.

sometimes we also need clarification about the truth of the team that stands behind the project. because many projects now do not have the appropriate team profile, and most of them are the result of copying from the google page

I usually looking for information about the project as much as possible, while try to confirm that the project is really legit. That way i could minimize on being hit by a scam project.

I think it will be very difficult to tell the difference, everyone can just put a photo of anyone on their team, so I don't think this will be easy, so basically you have to spend more time on ico so you can find out what's right and what is fake.

This is correct, before investing you need to carefully study the project, and then go into the details!

The products produced from the project and the team incorporated in it are very important for us to know as a basis for making choices in following certain projects. There may be many other ways that we can learn in determining a good ico project besides what I say, and I believe that in this forum everyone has their own way of determining a project that basically we all hope the project will succeed and not fraud

Most of the time it is so difficult to determined which ICO project would scam us but there are simple ways on how we can see it.
If thats too good to be true and they reached their hardcap for a shorter period of time . Also if they have no strong numbers of community who supports the project, that could be a sign also that the project wont work.

Thank you for sharing your experience, but I don't think many bounty hunters have the skills to analyze a project.

yes, not many bounty hunters have that skill, maybe by finding information about the project the results will not be optimal, it's good to find ways to avoid scam by talking experienced people, who have been in this forum for a long time (like your friends)

These are very narrow recommendations to not fall for the fraudulent project, there have already been written more similar algorithms.

A great way to avoid fraudulent projects is to have enough information and analysis about him, how truthful he is, check the group profile. You need a specialist who really helps to understand and, thus, avoid fraud.

Thank you for your reminder. I think that investment requires rational objects. Blind investment brings more risks, especially in a bear market. It is best not to invest in ICO projects.

Making investments through ICO campaigns is real way to earn good money. But it would be like this only if you will be aware enough about people who are making this project and who are responsible for its results. This is the most important thing I suppose.

Thank you for your advice. After a whole year of bear market, most people will remain calm when dealing with ICO projects.

This is very good to know, but if I do that I think it will be very lacking in the mvp project for us to do or join. And as far as I can see, this way there are still many bugs that need to be fixed in the future to fix the errors and fix these errors  8)

The best way to avoid scam ICO project is to look at their complete documents website, whitepaper, roadmap, smart contract and the team behind this project all of these must be check carefully so that your investment will be safe.

actually its not that the hard to scan the details of the bounty that your about to join  . check their website and see if its look professional . check the contacts within it , check the team , white papers , road map , etc  .  it just takes a few minutes  than compared to a whole month of working on them without assurance that you will get paid  or not  but  if are still unsure about your intuition then better not join them at all  . stay safe guys !

For me, this is how to distinguish scam project to gate-away on it.
First of all, you should read White Paper carefully. It will help you to understand the meaning and mechanism of project clearly. Next, which is important-check an official site of this Project. There would be introduced the team members and basic sponsors. And, of course, check official Telegram Chat Room and social media channels of this Project.

Even after that sort of detailed inspection of ICOs, no one be certain if ICOs meeting all criteria about the project going to be genuine. We should check how is the response on social platforms of that particular ICO before the token sale and after the tokens sold. Many social platforms or groups admin gone absent or with very minimal active or exit when token sale is finished.

I just want add one more to avoid scam projects of ICOs, we must see their products of ICOs i know almost all of ICOs projects is start up but does not mean they don't have any products for the investors or community, usually a good projects of ICOs they have real of products which are offered to their costumers at least beta of products. It is good information about good or bad ICOs projects to avoid scam projects of ICOs.

Many scam ICOs it looks like real ICOs so we have to pay attention when we have to put our investment, double check it first their documents or legal papers that they are legit ICO project they must have complete like their website, roadmap, smart contract and whitepaper and complete team.

The suggestion are detailed and concise and if followed diligently can help one avoid in into the net set by scammers who want to take advantage of the harsh economic environment to reap unsuspecting members of the public off . Thank you

The best way is not to invest in them, especially when after a successful ending, many simply throw off tokens. Then sense to wait and risk, if you can safely buy cheap tokens and at the same time not lose anything.

The easiest way is to analyze various aspects related to the project. look at the existing whitepaper data and we have to check the existing team. also join the digital currency initiative community, there we can get the best advice and decisions.

That's right too, you need to be prepared for the fact that the coins of this product will not be immediately profitable!

One of the methods to check what the team is doing is to check the GitHub activities, how many commits they have etc.
It is important to check to avoid scam projects as some of them put everything nicely on paper but no real development.

Many people no longer read whitepaper, does not examine the team or do not do detailed research. They only look at telegram groups or invest on friends' advice. Many ico collects too much money with this amateur investors and then project will be scam :D

the way you say it is quite logical and I always do it before participating in the ico project, the first thing I do is of course how the ico team works if I think it's transparent and obviously the background of course I will follow, the rest certainly explores in more detail.

One of the most effective and simplest way, is through the team.
There are some scam projects that use anonymous team. Whenever I see a thing like that, I quickly take my leave, because as far as I am concerned, it is a red light.
In some cases, the project might have stolen the identity of some innocent people and pose them as the team. This is why you need to search intensely.

Scammers are very smart. A developer might decide to reveal his identity, successfully carry out the ICO to get funds.
He might even go as far as listing on exchange and after some time, since he is holder the larger amount of tokens, he would then dump on investors.
After he might have sold almost everything, the project is termed dead and you hear nothing about the project again.

To invest in projects, you really need to spend a lot of time studying it and the factors that listed above are one of many to pay attention to. But now it is very difficult to find a good investment project that will bring you profit, even if you have a lot of experience. Therefore, I personally refrain from investing in projects in these market conditions.

overall it's speculative, and we also won't know the ending of ico. but if the crypto market goes back to the moon, I think almost all of the ico will be good too, not a lot of scams will happen.

Without a doubt, everything that the author described in his topic is great tips that can be useful for a beginner. But as practice shows in the world of cryptocurrency, quite often there are various paradoxes that have no logical explanation, sometimes a coin that does not have any external signs and prospects - it can turn out to be very profitable, and that project on which everyone had high hopes - can turn out to be fraud.