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I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.

so what do you think?
I draw the conclusion above based on what I saw there.

Obviously there is no way to completely stop fraudulent projects from launching, and also there is no 100% surety for bounty hunters that they are promoting a project which won't scam but we just do proper research to choose the best which look legit. The big question is, how do we detect a scam project when it has so much hype or team members looking so real? Some projects will list their tokens after token sale, yet they will never deliver their promises. Our main focus should be on project development after token sale, that's how to really know if a project is very legit. To curb scam projects launching rampantly, I think regulations will go a long way. Also, use your head, nobody needs to tell you to invest what you can afford to lose.

Most people don't do research anymore, for many, what matters is the numbers on the thread. If a topic is lucrative enough for an average member of this forum, they will definitely dive in right away. With research, it is very easy to spot a legit project. For example:

https://deathwing.me/i/thoOq.png

This is an image I originally took for a different topic where the original poster was asking whether the project is legit or not. As you can obviously see from the image that the so-called "project" is offering 350% returns on your investment, even more so if you refer your friends to the project. This is statistically impossible. And this whole research took me just 10 seconds, that is it. 10 seconds and I was able to find this specific part on their website.

TL;DR: Research like a normal person instead of losing your minds over promised hard $krilla ca$h whatever.

Even though you're vigilant in selecting those legit projects, and thus strategies to determine them we're your motivations. I don't think that's enough to be called you're free of those possibilities, because once you kept yourself getting an involvement on different projects related to cryptocurrency; you're highly susceptible to become one of their victim. In order to prevent those worst situations to keep arising, avoid taking risk on any of thoe schemes they had even what promises they tried to deceive at you, always ignore them.

Low rated projects most time turns scam as well, its not about the ratings because good projects can get low or high rating, it doesn't matter cos even bad projects pay rating websites to get good rating, i think the solution is doing research yourself

If your an investor don't gamble your money over ICO's it is better to choose from top 50 cryptocurrencies (except stablecoins) in coinmarketcap but of course this is not a financial advise. But if your asking as a bounty hunter you can't avoid promoting scams because some of them are too good to be true and sometimes hard to detect.  

This is a good example how scam looks like. Scams in most cases "offer" high guaranteed return, generous referral system and 100% secure investment.
The reallity? You will never see your money or money earned through the referral system.

It's really difficult to be sure about any projects as scammer too have became more and more advance and they present themselves better than most of the legit projects.
The first thing to observe if you want to lower your risk of getting scammed is the team members and verifying they are really involved in the project and has the expertise as advertised. I don't mean to say all projects with anonymous teams are scams but 90% of them are.

I mean not a high ranking ico website but (they are) the average highly ranked account.

If we can't eliminate it, we should at least do something to avoid them. There are tips and ways to get rid of scam projects in this forum. Checking the legitimacy and doing analysis before joining a project is necessary. Investors and traders should unite in eliminating fraudulent and scam in crypto world instead of promoting fake projects. We should warn and remind each other continuously, that will surely be a big help.

In most cases, when the claims made by the project are too good to be true, then they mostly are. I know it's very interesting to invest in a project claiming to change the world or be the next this or that coin, but it's just too much.

Other than the obvious signs as mentioned above, it's hard to seperate scams from legit but just badly executed ideas. In both cases you will end up losing a lot of money if you went in deep.

If we look back at most projects and what they have turned into, then it's safe to say that most ended up making a lot of people lose a lot of money, where a minority of them made a select few extremely wealthy.

It's largely based on luck to find an actually good project because you will only find out how good or bad a project is after a year or so.

Talking about eliminating were more like a fiction. I totally agree, it could definitely force those fraud projects to terminate their operation as it majority notices their unlawful agenda. However, as newcomers continuesly to come it would be difficult because there will be always be a new trap.
Still even a project with good ratings are just a mere scheme of them. They already bought those votes to certain rating platform to make them unsuspicious. Ratings by platforms couldn't even trust. By at least a self research would be way more effective to avoid those fraud projects.

One way or the other, the projects will get advertised. If they can't find average members in regards to signature and bounty campaigns to advertised them then they'll employed the service of advertisment platforms to advertise their projects. Each and everyone just have to be cautious in regards to the security of their funds making it their responsibility to safeguard it, knowing what to invest in and what not to patronize. Doing so, we might just reduce the rate at which scam projects succeed.

You just have to understand that what people or site choose to advertise, is their personal decision and not to based your judgement on what a good project is, on these ads. To borrow some words from this user;

There is no better way to avoid scam projects than relying on your research, stay away from rating websites because they are dubious, consider that 99percents of new projects are scam and if a project is far from scam you should be able to figure that out

Before a project can look suspicious it depends on how good you are at researching, most times even promising projects do turned scam, crypto space is actually in trouble if you ask me, scammers are making everything hard for new investors

The problem is how to identify a project like this, the target of a project like this is someone who is easily tempted by big profits. I'm sure with the lure of large profits investors will join and the bounty hunters will promote the project. The result is that there are scammer projects, but sometimes there are also projects that are really good.

If you ask my opinion about how to avoid project scams, the way is not to be in any project investment. easy things and big impact.

Researches on new bounty projects can only safe you to an extent, some bounty projects are legit looking but its only a way to scam investors, even with my level of doing research on projects i still fall victim to scam projects, its all about trying over and over again, i wish projects like gowithmi will find there way into crypto space

The first thing to do is to get rid of your greed, i bet many projects will use high reward offers to lure you, its nothing new and its spreading fast in crypto space, even new POS projects do this alot and in the end they turn scam, whitepaper and roadmap won't safe you either and its better to focus on the teams last

I think many people have stop doing research on projects and newbies don't even bother to do research on projects, you are to be blame for your actions and if you fail you should learn from your mistake, sit tight and stay serious with new bounties, you can figure it out if they are worth promoting or not

It would be hard to organize a project review site that would be without any bias so you have to pretty much trust on yourself. Experience is really only way i can think of weeding the bad projects out fast.

But before you can have an experience, you have to learn as much as you can. People learn by reading about them or doing mistakes themselves. And because we want to avoid the latter one, here's one topic to read about it:
https://bitcointalk.org/index.php?topic=5125435.0

There is one sure way to identify scam projects nowadays, they always offer too good to be true offers and they always give guarantee on profits if you invest in the project when no crypto investment have 100% guarantees, the ball is in the investors courts

For me, it is all back to what investor aim. We know although we have promote it or maybe bounty hunters promote a project, investor should know or read whitepaper and it said there are no one force them to buy the coin. But a lot of people as investor still try it and hope profit from it. If there are always profited investor, he must be very lucky because in every investment, hide a big risk behind it.

if we often make observation to projects that occur in crypto market we will find the the feature from scam projects.first thing that we will find it on their whitepaper.they could not dicribe the projects plan in future detailly.and also plagiatsm detected from this document.there is  no exact plan about listing.they let investor waiting for long time.

Upon checking a legit project you should always check these.
[1.] Whitepaper
[2.] Website
[3.] The team behind the project
[4.] and the manager whos managing the project.

Because sometimes the manager of the project did not care if that is a scam/fraud or not as long as they will earn through their works.
It is really hard to identify a scam/fraud but first have a deep study. For me, as of now, being bounty hunters is nothing.

What way?!

I read it twice and havent seen any reason into how to avoid them.
Please state it next time or just edit this post.

There are many steps in doing it but mostly you will need to read a lot.
Digging deeper is the only way but they can still manage to get away from it.
What to do? Take that little risk and hope for a good future.

Who are 'them'?  Are you referring to the project developers or just random supporters, and what ratings are you talking about?

My own opinion is that any new ico these days should be considered to be a scam until proven otherwise.  There are bounty hunters getting scammed, investors getting scammed...you name it, it's rampant.  Often times there's no way to tell beforehand if a project is a scam.  The team members could be real, the whitepaper could be slick and logical, but you just don't know what's real anymore.  So I would just avoid new projects all together, and the only way the scamming is going to stop is when everyone does that. 

A wait and see approach is probably the most prudent course of action when a new project comes out.

in their targets do not define in full, as you are talking about that the project does not have a clear goal for the future so it can be said that the development is still thinking or not thinking of their project in the future. it is important to see developments that will take place, so if you find it better you stay away

The simplest and most effective way of doing this is by making sure that people do their own diligence regarding each project they invest in. An investor who cares about his money and he has earned that money from hard-work will be very 'picky' sort to say with where he puts his funds in. However we need to think about the newbies in this space as well, so the best would for someone trustworthy to create a blog or a trustworthy source of information and rating company like ICOBench, but I've noticed that their reviews are not so helpful.

Bounty hunters promote project just risking their energy and time to do, not money. So, they will try it for chancy
if get paid they will happy, if not, it's okay, Just loss of energy and time.

i dont think so. I believe that investors are smart people that should know scam or not
you can see the total people who are trapped in it reduced. they have learned from their mistake(s)

In fact, the simplest answer is to avoid new projects. Invest only in coins that have established position on the market and you won't buy into frauds.

If you really want to invest in new projects which is always extremely risky spend a lot of time doing research and then some more time. Make sure the team is transparent and you know who at least some of them are. Make sure they have made agreements and the coin is going to be listed on some known exchanges with volume not some small platforms where nobody trades. Check what the goal of the project is. The more they promise the bigger the risk.

Sure. If everyone has enough knowledge and experience, why would they support the scammers? We need some rules in the bounty section. Escrow is always used in BTC paid campaigns and everyone has to comply. But in altcoin bounties it is nobody's business, that is why scammers easily benefit from this. It may be best to avoid them and this amount should be as high as possible.

before start promoting any project, people must doing a deep research, just like if they want to put their money in
learn about their team member, whitepaper and all about the project,
maybe thats one from many way to reduce a scam project my friend
regards

The best way is to go with IEO, by this way you can more safe

simple, do not invest to unproven project, wich mean the development in project didn't run on schedule
invest only in the proven project, and maybe the TOP 10 coins at coinmarketcap is the best options mate

10 top coins are clearly real and a little with fraud, but now it's difficult to distinguish new projects, which are real and which are fraudulent they are very neatly arranged in all respects, Other ways to find the project are real or only fraud, can be seen when roadmap running

Yes you are right but you are missing the most important part which is how to segregate the suspicious projects from genuine one because even genuine projects are tempted to exit scam also as what I have observe in the few projects here.

But for those shit projects that you can notice without digging deep then we have no problem with it. What we have problems are those projects that are pretending to be the best project but in the end they will run the money. Most of the bounty hunters that supports the shit projects are those newbies because they didn't know yet the difference between shit projects and genuine one.

There is no way you can stop a man that is so eager in getting coins or tokens into his wallet by all means, from promoting just any project they see. They dare less and most times, time is not placed on research, particularly to know more about the project they are promoting. That is why you see most of them make unnecessary mistakes, that sometimes can be detrimental to the project they are promoting.

Actually, we can minimize to avoid fraudulent projects. At least, do these ways below :

1. Don't participate in a project which is indicated to have something strange.
Examples: no WP, bad official site design, unclear team member identities, offer nonsense goals, or something else.

2. Buy only top coins or coins backed up by established companies only.

3. Be smart and selective.

Lol. They make unreasonable promises and dole out high bonuses to attract investors. As for me, when things appear to be too good to be true, I do well to ignore it. Also, checking out the LinkedIn pages of the developers helps alot. Just a little scrutiny can expose all you need to know about it but people seems to neglect the basics. I can't even remember the last time I got ripped by a fraudulently CEO. Because I do thorough evaluations. Even Sparkster didn't get me into it's traps despite Ian Ballina shilling it.

What you mean is, stop bounty hunters to promote such scam projects? Easier said than done especially when a participant or a promoter wasn't aware if it is a scam project or not. Literally, that project still paying those promoters. And what's significant from the bounty hunters is the reward they are receiving.

High returns, high rewards, that's what they are after to. Regardless of the obvious thing that a certain project will be useless after launching it, the big point is that they are giving away their product tokens as a payment. Majority of the bounty hunters are happy for a few bucks. Sad but true.

But I agree, "less supporters, less scam projects" . Makes sense though hard to implement.

How can we stop promotions of these projects? I think there is no way to to stop these projects. They have money to paid for ads, not considering by the services even the project is good or not. Right? How can you say no if the project has money to pay for an ads, who else will refuse that? Regarding promotions of hunters, people can't stop them if they wanted to earn thru campaign, so it will take long time to cut off this kind of activity.

I also did the same thing to overcome the fake project made by the scammer, which is not promoting it again when it has been indicated by SCAM. The first person to stop this is the Bounty Manager handling the project. The Thread Bounty must be locked and provided that the Project is a Scam. For other members who know in advance the project is fake, you can create a thread in the forum that discusses the scam project so that it can be further examined by other members.

Immediate action is the only way to avoid them, indeed. Once the project has been determined to be a scam, it should be reported in every participant also in their channels including Telegram. In this way, we can avoid their plan to take their investor's money and also the time and effort of bounty hunters will not be put to waste.

I think everything that is done will be seen when the promotion is already running, and if according to our research we feel suspicious, it's better not to continue to promote the project. and immediately verify in the forum to ask for more experienced advice to explore it deeper, whether the project is really a scam or not.

Plus one for this! But the problem is that the bounty manager himself is owed to the project itself. They are being paid for managing their projects. And for as long as the payment is coming in, many of the bounty managers will not respond to scam accusations, much less care to dig it up themselves knowing that once it is finally found to be really a scam, the payment will be gone. And it is very obvious that bounty managers right now are in bad need of projects that they even accept scam ones for as long as there is money.

Why not eliminate them completely? Isn't that for the best of all.
We wont be scared of anything anymore since they cannot exist in this forum specially.

I guess avoiding them is by not going too far away. By staying in this forum you could somehow avoid them with the help of pros here that can easily pinpoint them and then put them down.

I mostly see them in telegram.

I feel good that the crypto market has fewer fraudulent projects than in previous years! It's because people become smart after a long run bear market. Now, to avoid fraud projects, you have to have enough knowledge about analyzing a project! Verify their partners, have a look at their media coverage and also verify the community activities! Don't fall in a trap by seeing many positive comments in the telegram group, because these are paid praising! Read the project whitepaper, verify the team members' previous work history, if everything looks positive to you, invest there!

To get rid of scams in ICOs it is important to have regulations that will help them handle ICO campaigns more effectively. And it will start with platforms like Ethereum and Waves, while IEOs should also pay attention to the background of each Token and also have KYC requirements that help determine who its founders and partners are in creating of token / coin

Members who have high rank also think it's a good project so they follow Bounty to promote it, so here Bounty Hunter can't be blamed either because they also don't know whether it's a good project or not. I admit it's hard to find good projects at the moment because most of them are scams.

Even if we have members here doing research and checking projects that has potential to scam investors, there are still a lot of projects that still manages to get through, let's admit it, these scammers are getting better scamming investors, because there's a lot of money to be made here, they spend huge amount of money, so that they can't be detected.

yes fraud is rampant this year, therefore we must be wary of projects like that by checking the whitepaper, the team that handles the project, the website and the manager who holds the project and then analyze again if there is suspicion in one of these leave the project because of potential scams.

If i like a project, the first thing i do is checking team's background to see if they are real and see if they have the skills to create or develop the project. i do not base my judgement to the numbers of their community because i know this can be fake instead i make a lot of questioning directly to the core team via telegram or other ways to contact them, i just want to make sure that they really study their own project.

How to identify suspicious projects? checking the team behind the crypto project is useless on determining if its scam or not, nowadays its just easy to create a fake account , so even you are checking it carefully you will never know if the information you are reading is fake or not.

even checking the white paper is nonsense. a friend showed me an ICO that seems to be good, and a couple of weeks later they took all the money and left the coin, that's why I don't like to invest in ICOs and any new project, hopefully we'll have more tools to know when to invest in a good project, that way people are going to invest more in their great project.

Exactly, using unknown identification nowadays can be done due to the selling of private information in the black market. Checking only the background of the team was not enough to secure the legitimacy of the project.
Further investigations like feedbacks about the project and also looking for their platform if they have the capability to do such things.

One way is to impose regulation by having a central committee that will oversee crypto-related projects, to minimize scams and would make the crypto-space much safer. By saying a central committee, doesn't mean having a centralized agency that would manipulate the prices, they would just manage all projects making sure they conform with security standards, mitigating threats of scams and thefts, and in general would make the market more plesasing to potential investors.

Just by doing your self a favor before investing, most investors just put their money in a project without fully understanding the whole purpose of the project, without going their research and ends up blaming it in the whole crypto that it is all a scam. If only people will be more aware and educated about technology and blockchain tech maybe this would lessen people from putting their money in scam and shitty projects. This, decreasing the number of projects that pulls down the name of crypto as scam.

But for me the problem is how to find out or avoid a scam project because many people have chosen the project based on their observations and analysis that he usually does but still get a scam project. So in my opinion, we must be careful and make the activeness of the development team in the project a consideration.

In Bitcointalk many people are seriously observing about projects and that can be used as a preference because I am pretty sure they are independent and provide according to the facts. starting from a fake team and also a whitepaper whose copy here we can equally observe about many fraud projects

Not all bounty managers like that, if it is already indicated SCAM thread must be locked immediately. Bounty Manager receives payment in advance, there are several 50% payment agreements at the beginning and will be repaid after the project is completed. If the Bounty Manager continues the Bounty indicated by SCAM, it will be given a Red Trush by the moderator, because it violates the forum rules.

so I think whether the project scam or not depends on the performance of ico and also from the intentions of the developer. if I usually check ICO on the Icoreview website to see hype, analysis and whitepaper, if the ranking is above 4, ICO will usually boom.
and I also pay attention to who is the pay manager, sometimes the ICO is good but the manager is broken, it could lead to a scam.

members with high rank are no guarantee that they will definitely find and support profitable and promising projects. There are many factors that influence, it could be that the project initially looked promising, but over time it did not point to good progress and ended in a scam, no one could control it, who would want to support the scam project? there is no. It is out of control. So do not make member rank as a reference, they are only ordinary people.
Fraudsters will always try to take advantage of opportunities, deceive many people in various ways, especially new people who lack understanding of the cryptocurrency ecosystem.

yes you are right to be the manager of a bounty campaign must be more selective in analyzing the projects that he will hold and I'm sure they are not just looking for money but more to the existing beliefs. but as a good campaign participant you can not only trust the manager but you have your own research before joining the campaign

Many bounty hunters are ready to promote any project if they are promised a good profit. People rarely began to research projects before starting to promote them.

We can find the importance of the whitepaper in verifying the project whether it is fake or not. I often to read the whitepaper to know if I'm in the right path of investment. It is good if we have information about the team behind and also the project.

There are trusted manager in the campaign and they are managing campaign that are not scam. It is true that they are selective on what they are promoting for the manager to keep his reputation in a good condition.

Most bounty hunters who advertise or promotes a project doesn't really know that the project that they promote are scammed, so we should not put the blame on people who promotes the projects because they also didn't received any rewards from those projects. Honestly, it is also difficult to avoid fraudulent projects because even we check the whitepaper and team members they are still scam.

Yes, it is true, fraud is very difficult to eliminate because every opportunity there is certainly there. To reduce the scope of these fraudsters, it's better, the bitcointalk admins select them in several administrative ways. This is to reveal who they are, for what purpose of creating a promotional thread here and others. Or if the fraudster does IEO, preventive action must also be taken by the exchange to the coin developer. This might reduce fraud and fake projects.

A lot of hunters have already scammed do a lot of research again to any ico right now. The problem is when you are seeing social media bounty and there was a lot of the bots that used to promote scam project.
it's not always about profit and even some scam projects that offered a few hundred dollars are getting promoted by the social media bot.
just curious about how to prevent that thing to happen.

A high rating is not a guarantee that the project is good or not a scam. Every day new projects emerge and I think it is difficult to know whether the project is a scam or not because there is no authority to verify it. To prevent scams from happening, in my opinion until now the only thing that can be done is research or through the community conducting investigations about the project

Importantly, do a thorough research on the project, 70% of projects out there are fraudulent... Now how possible to avoid joining them is to do your research. Even with the research, there are chances of still joining a fraud project, cos it can't be stopped or avoided. The best is still checking on it properly before going into the project. All the best.

then what if no one has investigated the project and you think the project is good? it's difficult to research the projects that we follow. Even some campaign managers who have big names and projects with big-name teams may not be successful. It all depends on the developer doing the right plan. how they do marketing and concepts that attract investors. I can not and do not know the best way to avoid project fraud. I only speculate based on what I know. if it's a scam it's my bad luck.

Knowledge is always the ultimate weapon of human in any industry, in any situation and in any problem. Research is very important because a background check to the project itself, as well as to the dev team and the owners, can help a lot to determine whether or not the project is a scam or legit. There is no guarantee that the project will be successful tho. Even if it is not a scam, it can still fail and that is the risk that you have to take if you want to invest.

Yes, knowledge and always make time to do research as all project will make all the things they can do just for them to look beautiful in the eyes of investors,they will make a bounty which has high reward, make a lot of token bonuses, will hire promoters and chillers in the community for them to look that a lot of people interested to them.

The only way to avoid these fraud projects is to be vigilant as always and don't let yourself got carried away with profits. People that will most likely scam you are people will say that you can get big ROI in their project. The next thing is to research on the project. Look at what the project is like and try comparing it with another whitepaper. Or get some part of its whitepaper, then search on google. Most of these are enjoying lazy writing by that it's easy to spot.

You're idea is good, but I don't think people that keeps on promoting fraudulent projects are doing it for free. People won't do anything for free especially if its as damaging as this, they won't just do it for free and waste theirntime over anything. They're probably earning out of it, and if they're earning out of it, I don't think we can stop them from doing it over again. What we can do niw is not being a victim of these projects because if there are no one to buy their schemes, no.matter what promotions they'll do, their projects won't earn.

It has become hard to find whether a project is legit or not because the fraud or scam ones also look like the original one as they have also become advanced.But still if you do proper research and have knowledge about the market you can have a idea that this project is good or not.They generally offers high return in short span without doing anything hard and take advantage of greed of people and commit frauds.So you can try to avoid them with your skills and level of knowledge.

Unfortunately, there are bounty hunters that are still promoting fraudulent projects even though they already knew that it is a scam. It is sad to think that their income is the only motivator they know to do a task. Personally, I find it shallow because I firmly believe that if we want to have a good and dynamic industry, the reputation of the industry must be healthy in the means that the number of people being victimized by fraudulent projects will decrease. I am well aware that we can't fully eradicate those people but there is a way to reduce it by being a responsible bounty hunter.

I personally judge a project not from what is already running or the final stage because it always sees the development and work of the team, white paper that has a lot of copy also needs to be considered because if there are projects that copy or the same concept it could be a fraudulent project. And I always leave projects like that.

Leaving yourself uneducated is a biggest mistake that is why fraud projects seemed to make it easy out there deceiving. I personally cannot think of the possibility that could completely eradicate fraud projects other than self-educating and educating someone on how to trace those fraud projects. When new people or investors  keeps on coming with a lack of knowledge or background to such project was the main reason why is it impossible to eradicate those fraud projects.

In crypto platform number of fraudulent projects are enter into the project. But every investors are carefully read the OP post and join the best projects. Nowadays some peoples are face some fraudulent investment and they totally  disappoint the crypto projects also those are start newly this forum will help to understand the further process.

We cannot fully exterminate fraudulent projects in this industry but we can do something about it just like conducting some research first before we engage with them. It is better to promote a project that has integrity because how you would suppose to get paid if a certain project you promoting is scam hence, the best option is that obtain some knowledge or data regards to the project and even check their roadmap if will they meet target goal.

Until now many people have made improvements regarding their knowledge of a project. Until now, investors and bounty hunters are quite good at conducting research. the proof is that some projects have received red marks from several trusted people, or moderators from this forum.

however the best way to avoid scammers is to be careful and gather as much information as possible. we can't just invest because we see that the project suits us, or gives a big bonus. because of that, increase your ability to analyze a project, and if you see its characteristics, then leave the project.

In general, it is very difficult for us to be able to distinguish between scam projects and projects that are really real, because of course the developers of project scams will make their projects as original as possible so that it will be very difficult for us to distinguish these projects, I think now we can only hoping with luck alone to avoid the project scam, but there are some members here who suggest that we check the web, Roadmap and their team before joining the project, even though it's not 50% accurate, I  think it's not wrong for us to try it.

There'll always be a way to distinguish such project among the legit ones and they usually provide false information regarding their own project. The whitepaper that they served to the public also usually doesn't contain further techincal aspect of the project and how the execution of a project will be done by following the planned roadmap. Shady project usually have all unprepared and the their response to the community also usually lacking and consist of unknown people. if you really want to avoid fraudulent project you can simply choose project with famous developers and already verified the other alternative is to choose IEO from popular exchanges.

To overcome and avoid fraudulent projects, we need to take more time before deciding to supporting the project.
Bounty hunters are same with investors, require to do intense research about the ICO/IEO they want to support.
Always proceed with caution because many scammers still trying to scam peoples in crypto.

You conclusion is not far from the truth and I must really tell you the enemy of cryptocurrency, we might think that the enemy of cryptocurrency are those scammers, NO, we already know that in any system, we will always find people like that, but the real enemy of the cryptocurrency development are those greedy hunters, managers and investors that don’t do research before investing in a project and promoting a project, and like you said, they are actually the one that is giving hope to these projects.

If everyone was watching carefully not to invest in a project that is not good one, there is no way that that scammers can really be able to get into the market and be successful. So, we all have to have our hands-on desk and ensure that most of those scam projects are not being publicized to the public.

Actually there is no right way to overcome the problem of scamers, but if you are shrewd and more thorough before joining any project you might be able to avoid it yourself. what is important is that you do not promote unclear projects especially with non-transparent teams, inexperienced developers or products that cannot develop in the market. and if you see a suspicious project that's the red flag for you.

Detecting scammers is actually sometimes difficult and also easy because with the appearance of the website and the concept alone can take initial conclusions about the project. the next step to detail maybe we can check Whitepapaer and also their team to be able to make sure the project is scam or not

No matter how responsible a bounty hunter is or how good he is with research this won't make him free from scam projects, very good scam projects looks so real that they will have teams and videos to show for it but they did that to lure you and guess what? they belief that no law will hold them responsible for the devilish acts

No one will promote a scam as they know they will not be getting for the time spent by them, majority fall for these attractive bounties that promises them ample amount and they will not even have a logical thinking about the amount of money they are offering, i used to see a million dollars worth of tokens as bounties and to be frank there is no logic behind it and all of those were scam projects just baiting people to advertise and make a run with the investors money and there were some asshole managers supporting them.

Yes, we should try not to promote fraudulent projects and try to reduce their number by all means. But we have newcomers who do not know how to distinguish good projects from fraud and continue to support them. After all, they often look at rating sites and believe the information listed on them. So, unfortunately, the scammers are not going anywhere.

It is difficult to determine what the project will be in the future. Therefore, some participants, seeing signs of fraud, continue to participate in it because they believe and hope that they are mistaken and that everything is not as bad as it seems.

It caused by the social media promoters are bot and even project has already announced if the team has stopped the campaign and these craps are still writing more and more report. It looks so annoying for me when seeing these both are spamming the bounty thread. The team is nor transparent and that's another problem that faced by bounty participants but remember the bounty participants are having low quality such as some bots are still posting non-sense report even the bounty has already ended.

It is very difficult to stop the scammers project, but at least we can reduce the scam project, the way is we stop following the project manager who once promoted the scam project, this way then little by little the scam project will decrease. This is certainly a tough task for a project manager, because before becoming a manager of a crypto project, they must do serious research so that people's trust in them is not lost.

I think that before you invest, you need to research carefully because no one can do it for you and many recent projects are not profitable for investors. I always check the project development team first because this is the fastest way to avoid scam projects. There are actually hundreds of projects emerging in this market and you should learn how to evaluate quickly.

I have been in this market for many years but finding a really good project is not an easy task because 97% of the existing projects are all bad projects so it will be difficult to choose.

Very few projects are really good, only about 3% of projects that promise. indeed by researching the developer we can choose the project quickly, with the experience that is already owned by a developer, I think this is a good way to anticipate project fraud. good developers will certainly develop good projects too, so they will be followed by investors by their movements

When a potential project I think investors will certainly be able to invest. they can already know which projects are potential and which are not. now it is indeed very difficult to be able to find a projeck that is really good because there are so many projecks that scam and make rebuilding trust difficult . because I as an investor no longer trust any new projects

In my opinion to avoid fraudulent projects, invest where the developer has competence and the developer is not well known either in the crypto world. Do not invest in a place that is still in doubt as to the information and identity of the developer and the team. It is impossible to eliminate fraud in cryptocurrency, but with a few strict rules I'm sure many can avoid investment scavengers.

To avoid fraudulent projects, firstly, the participant or investor should understand that there is no set regulations or bodies in crypto responsible for running checks on new projects to eliminate fake projects hence that aspect lies in the care of the investor. This is why the investor must research into the project in all means in order to identify the originality of the project.

How to avoid it?? Simple. Just don't invest on this shitty projects.

You don't want to get scammed? Just don't invest. You don't want to risk your money for profit? Don't invest. In this way, you can avoid this fraudulent projects 100%. There will be no scammer if there are no people that will get scam for their shit projects.

It all goes down to the team, many developers of today are not taking their job very seriously, active teams can pushed any project to its glory, every ideas are brilliant only if the team are ready to deliver the best services

Weve many fraudulent projects now and we are always victims because they are not careful in assessing a project, and for investors to stop investing in scam projects because it is a great support for those who create scam projects, so for the future we must survey first before following a project.

To avoid fraudulent projects, what I do is find as much information about the project or Whitepaper and other matters related to investment products and examine the project team and try to ask lots of questions about the project being developed so the answers can be considered.
and there are many other ways to investigate fraud projects or not and it depends on their intelligence to research in detail and always learn from experience because fraud projects have been around for a long time.

We bounty hunters are affected to a large extent by greed. And as a result, we get ourselves scammed by crypto projects. Some crypto projects are like they are looking a right time to scam investors and bounty hunters. They offer high and big promises like high amount of bounty pool only just to scam investors and bounty hunters. So we must not be lured by such big promises. We should read their road map, and whitepaper beforehand.

There are a number of ways to avoid such projects. One of them is that you should be able to find information frequently about the development of projects that are often created and can identify which ones are often successful and which ones often fail so that you can avoid projects that are scam or not.

Of course, the progress of the project must be made available to all investors via the social media outlets of the projects typically through the telegram group. Updating the community on the developments of the project will help them identify the potentials of the project and how to set goals for the coins they hold.

It isn't about the ratings, high or low rating could turn out to be scam,most times bounty hunters promote scam project not intentionally, this is because they do not have the patience to carry out research and at the end they also fall victim like investors who didn't do any research. In as much as there is no certainty, some research should be carried out before investing  at least this will be helpful to some extent to avoid fraudulent project.

Yes, many bounty hunters still promote scam projects, but they promote them because they do not know that the ones being promoted are scam projects. One way to avoid scam projects is, at least the bounty hunters find out in advance such as the team, whitepaper, roadmap, vision and mission, and others before doing their job.

It is hard to avoid fraudulent projects because the developers behind it might be good at deceiving people. The only way to prevent yourself from investing money or time on fake projects is by researching about it. Although it might be tedious, it is something you need to do to avoid wasting your resources.

Developers are often hired people looking for work. Often these startups go for the cheap labor from third world countries and in a way they are also suffering and looking for some quick work. End of it the porject is what suffers being developed by low quality devs, full of bugs and so on. So at one point they decide to sell of their shares and exit. The advisors and team members also dump on the investors and there you have it. A nice "legal" exit scam.

Researching wont help you if the point is to exit scam. Research can help in differenciating a blatant scam from a disguised one. The second one is very tough to segregate from a good project.

we should be promoting a real project and there is the legality of the Project. But many people support it without reading the whole thing in the project.
They only look at the estimates that are so seductive and interested in promoting them. And finally, only 10% of the guess estimates that appear in the Exchange or project will scam.

my way to avoid fraudulent projects is to ascertain who is behind the project, such as the positive reputation of the team and the developer in managing the project beforehand, researching in more detail about the project or their products offered to the market and one more thing avoiding suspicious projects or teams that are not transparent.

In order to avoid fraudulent projects, one should know where these projects can be seen. For me, what I am doing is to look at the root where the projects can be found. If almost all of the projects in that platform is quite clear to be scam, then don't look at it and search for profitable projects on it. Bounty platforms and ICO rating sites are one of the platforms where we can find fraudulent projects, in this case, we shouldn't spend our time to be deceived visiting and trusting some of it.

This is very much right on point, it would be totally unrealistic to think that there is anything that can ever eliminate fraudulent practices completely no matter the form they come from, if the government ruling was so perfect in doing so, we would not have even been having people going to jail every day, and I think what can reduce it to an extent is when government comes up with a regulation that will be sending defaulters to jail anytime they are able to catch up with those cryptocurrency fraudsters, and still at that too, it would be very impossible for fraud to be completely eliminated, we just have to really make sure that most of those projects are not paid attention to, and the way we can do this is to keep researching as we have been doing.

Everything must be detailed when we invest in the initial project or during funding. because this is where it is so risky. don't just be tempted by the bonus given and also the concept is so good. at this time many things are considered about the investment. no need to be careless in making decisions because of course we do not want to be wrong in investing and ultimately also lose money

Completely avoid from scam projects fail. The only thing we can do is be more careful when choosing a project and more time to devote to safety.

yes, there are still many considerations before making a decision about investing in a project or making a short trade. because a big bonus is just a trick to attract market investment, it doesn't guarantee the success of a project or it can double your money. so, if you are already in this industry, you must always be able to protect yourself in all aspects to avoid the risk of loss

Right now there are a lot of scam ICOs and if you look closely you can really say that they are legit but eventually it becomes a scam too. So it's hard to find the real legit and not. Therefore, we need stronger support and regulations here that will help us prevent these scams. Like KYC for founders and members of ICO campaigns, or 50% of the bounty alocation is escow to trusted manager here in our forum.

This is also suggestions in another thread,

it's about how smart research that we do, if we can research project well, then we wont get scammed by any project in the cryptocurrency

but sometimes people do illogical action when invest in the project, they hyped by not-makesense-ads

so they just FOMO invest with hope to get big reward. so keep your logic!

I think one of the best way to dodge and reduce scammers is through staying knowledgeable. I think it is what we lack that's why we end up promoting some fraudulent projects which ends up influencing many to support the unknown scam project. We should always make sure that we read the white paper carefully and try to make a background check to the team to see their credibility before putting all your trust and time to them.

Im not so sure KYC will solve anything. People need to stop being idiots. Just having a project isn't enough. That is entry-level. You need to rise above entry-level if you want to be something worthy of peoples time. It's not that difficult to tell a good project. Just follow good projects and ignore the rest. If you feel you have to figure out if a project is a scam then simply skip it. If the project has a working model then stick with it.

Now, many companies already conduct IEOs and if you will participate in these IEOs and, most importantly, on the most top cryptocurrency exchanges, then you will not get into the scam companies, so you just need to forget about investing in companies that conduct ICOs and start investing only in IEOs on top exchanges.

You can't avoid fraudulent projects, whatever you do, there are a new ways to scam you, we only do our best by research and investigate the project well.

I agree with you. I think there are still many people who register the gift without doing research on the website of a project, whether the project is legit or scam. For me, I first look at the project website, and read the roadmap, the team, what features are there. but it is very difficult to avoid project scams

Greed is often the reason why so many people are deceived by those fake projects and sometimes people are too lazy to conduct a proper research before investing. If all people just learn to distinguish the legit and fraud projects then we might kick-out those scammers on this space because they won't get any penny and will lose their interest.

The only possible way of keeping yourself from fraudulent projects is research and reading more about the project and how feasible the project is in relation to its set aims and visions. Usually, fraudulent projects have unrealistic ideas and do not really have a specific purpose in the crypto ecosystem. If you are lazy to do research and read, you are likely to invest in fraudulent projects without realizing it...

in theory to ensure the entire contents of the project and also how the developer experience in managing the project before, if they have a positive reputation, responsible, maybe the project they manage is worthy of follow. and I don't think there is a right way to avoid fraudulent projects because most projects look real.

For me, to identify fraudulent or unreliable projects. First I check the website and the security of the host and the domail. Next, I will examine the team, the project creator and its members. And finally the target, whitepaper, ... If it's a fraud project, there will be many plagiarism areas from other projects.

I would like to suggest you to visit this thread where you can find information about how you can avoid fake projects https://bitcointalk.org/index.php?topic=2970157.msg30515162#msg30515162

Crypto world need more research because new people easily can get scammed. So it's good to research before investing any single penny and never trust unknown people who offer you investing for good return.

Investing in top 50 coins on coinmarket has lesser risk comparatively, but knowing which coin to invest in order to make fair profit is challenging. Personally, I like taking calculated risk and will prefer to get in a very good IEO on reputable exchanges or buy a coin with really great project and low market capitalization  after doing my research, but I usually do not invest what I can't afford to lose.

Fraudulent project is the enemy of all peoples in cryptocurrency such as investors, traders, hunters, etc.
To avoid such project, we need to take some time before take a part. Both investor and supporter of the project must do some series of research, there is no other way. If we lacking time to observe the project, we may lost our money later.

Even website can be deceiving too. They can easily purchase the domain and ssl , I am looking for the teams' credential if it is true or not, also looking for their permit in the bussiness so that I will have a peaceful mind investing on them.

The best way to identify scam/fake projects or projects which are very unlikely to become successful is through the extensive performance of research on that project. Here, the investor must look thoroughly into the team in order to know the expertise of the team members. Also, it is good to know the idea of the project, does it have a use case? Is the product capable of attracting investors?

If youre an investor then just invest only on legit projects such as IEO especially on Binance launchpad, and other major exchanges. I think that would only give you assurance of not being scam actually. If youre a hunter, avoid promoting those project with lots of talks and only focusing about sales. Normally ICO project releases campaign and some of them are just purely hoax. Ask for product or working platform, if they say none or to be release, ask for details such as date if not yet then they stalling their time for nothing.

It should be taken seriously, and it shouldn't be taken so easily. Decisions to be made when it comes to investing should not be made in a rush. It should be done with care and thorough investigation to avoid unpleasant things to happen.

I have been deceived but i have never get scammed or fall for phishing schemes before in crypto space because i used to invest in HYIP investment plans so i have good and bad experience out online investments so its most likely the same with crypto, better research can reveal bad projects to you

It is good you have never experienced phisphing or scamming in the crypto space before because it can lead to frustrations. What are some of the things you look out for during your research into the project in order to identify the originality and prospects of the project? Perhaps, this could provide great lessons to investors here.

I don't think its possible to completely eradicate scam projects totally, but it can be reduced to a minimum amount.  One of the way we can achieve thisbia by making adequate research before investing or supporting or promoting any project.  Check the necessary details and make sure all checks out before proceeding,  don't be to quick to invest or promote crypto project without proper investigation and research

Why would you believe in someone's hope, when you can make your own research. Instantly you can't avoid all fraud projects. You can reject fraud projects by researching project types, legit CEO and development team. I don't follow any rating about project after check this success project "CHT".

how can one avoid the promotion of crypto projects? especially the promoter. I think a little difficult.
1. Most promoters are bounty hunters. which is their goal to participate in marketing.
2. the promoted project has a large allocation (although currently it is fake)
3. have a good start, for example a large project partner (even if it's just writing)
4. lack of understanding of the promoted project. (basically get a high reward, regardless of the project)
that is the reason scam projects are widespread in crypto, even controlling more than 70% in the ICO section.

It has been said a thousand times in this forum. If you want to avoid fraudulent projects then you should conduct a proper research. Research is the key on all of the things that we have a problem facing on. If you will do research then you will discover different information that you may use as a basis in decision making if you are going to push your interest in a certain project.

yes, it is indeed difficult to determine a project that is safe and deceptive. I'm sure that no one will be sure that they can determine which projects are the best and which are what they are. it's true that we have to do research first before joining a project. we have to find information about the people in the project. every project must have a development team, and have goals in the future. maybe you can also share the results of research on a project with your friends, so you will get the confidence that you have joined a project that you think is really good.

There are lots of things you should consider for you to be able to know that the particular project is a fraud or scam. The first one and the very important part is that you should check the whitepaper itself because all of their plans and techniques are stated there, so if you read that, you will have some information about that particular project. You can actually recognize that but if not, the second one is their team, for example, is the manager can really manage the bounty not only that, are they going to be responsible if the project fails. The third one, are you believing that they can reach the target of tokens is going to be sold at that time frame. You should consider those things for you to be able to avoid fraudulent projects, but most importantly you should avoid persons or accounts that are giving you some offer and rewards but you dont think it's true.

If we can always come together to scrutinize a project that looks suspicious, open a thread and give evidence to back your suspicion. I think credible project can defend it. Unlike telegram they can bully such individual and ban from group, member from part of the world that are close to the location can make physical confrontation and inquiry. The process of discussion will help new investors to get better in researching projects

That is why we need to be educated on any project or engagement we dive in because scammers do really intend to fool those people who they think will be attracted to the advertising strategy they put up into their project. We need to be aware of what is a realistic offer and which is not. The common thing I have seen in the past that I have noticed about those  projects is that they are promising to give you an offer which is statistically beyond impossible. We cannot truly assure to totally stop this fraudelent projects but we on ourselves must be equipped on observation and researching to better know if we are leading into a legible project or not. Raising awareness to other people is also a great help providing that you have a tough proof so that we can lessen the victims of this act.

Projects that are dead or wasted in making more emphasis on ICO sales without calculating later when already on the exchange. Most of them are priced down because the airdrop or bounty allocation project is too big. Their ICO or IEO sales are too open to large bonuses. They just want money and money. And when they release on the price exchange dropped and dare not buyback and ended the project was abandoned. Yes, there should be no scammer nor a project that fails to be confined to all sales and promotion allocations.

Scammer always have an idea to catch hunters interest. Usually bounty with high reward it can be fraud project. Example: project A with total reward 1 billion , its obviously a fraud project. If there is something that not make sense just skip.

that's true. the rational amount that always spent by the bounty campaign should be around a few hundreds thousand dollars. If that exceeds million dollars and that can be considered as a suspicious project. Remember it's too difficult to get a lot of liquidity these days.
And what you are saying makes sense at all.

It is not true that bounty hunters are always waiting for the scammers to come and take their hard-earned money. The different consequences happen in the world and people should understand the reasons behind the bounty scammers. Projects which have a high paying bounty rewards usually refuse to pay after the end of the token sale.

the key here is investors because the project will not run without funds. then what must be more observant in analyzing is investors not to do crowdfunding to ico or scam-indicated projects, so that they never run and it will not reach promotion from bounty hunters.

Scams are increasingly affecting the crypto industry which receives many unwary new investors every day, As we all know, blockchain and cryptocurrency are in its baby years. To avoid scams on cryptocurrency an investor needs to make thorough research about a project before investing such as Knowing the team and their various background, Studying project whitepaper & Roadmap etc.

Its easier said than done, everyone knows there is no way to know a or detect a real project because scam projects are of different levels, some are detectable and some are not, research is no more enough but it helps too

Some of the ways to avoid projects that are scams is by doing thorough research into the quality of the technology, qualifications and professionalism of the team, and the reputability of the platform hosting the IEO and also evaluate the performance of similar fund raisers before you invest, and this will help you to get a clear picture of what is ideal to invest in and what isn't

Yes, you are right, even though we research a lot about the projects, but many projects are failing to survive in the market. In the beginning, it is impossible to find potential about the project. Research is no more enough because as on online it is impossible for us to find what is happening in the background of the companies.

People are only focusing on rewards than risks in investing in cryptocurrency market and that's why they got scammed many times. You can avoid fraud projects if you consider the risks, do not also believe to the high rewards that they are offering. Research is the key for them to find out if the project is legit or scam.

Easy solution... but won't work. It's quite cheap to simulate media activity about a certain project in the internet, so someone will always promote them. You need to play smart, do research on the platform, on people behind it, community activity, developer contributions. One of the current projects that I tested and did well is Amoveo, check it out.

Yeah you are right. A "high rating people" who supports the project does not make the project automatically legit. There are always a chance of the project failing or scamming. After all your "high rating" people does not actually care who gets scammed or not. Remember, those people are paid to advertise for them. There are also few well known people out there who makes legit reviews.
The best way to avoid fraudulent project is to avoid every shitty projects out there that are not being developed by some well known team.

Detecting project scams is indeed very difficult, because between real and unreal projects is almost similar at this time, so research on projects is still needed even though it is not entirely helpful, but everyone must do research on the projects they want to participate in.

There are many ways to find out if the project is scam or not. One of the ways is by reading their whitepaper, you can see all the information about the project in the whitepaper. You can also is see in there if something is fishy or not. Reviewing the team behind the project is also a way to know if it id legit or a scam. Research about the developer and it may help you to avoid fraud projects.

Something I noticed lately is that people invest in projects that are close to them, we have seen so much in this space to just trust anyone. Most investors in ferrum are from US because the most of the developers are from there, this was an ICO in 2019 that raised it money in few hours, so also with some projects in Singapore. Everyone wants to know who is taking there money. We are getting easier ways also to find out about our investments

Reading their whitepaper will not help you to identify if a project is a scam or not, IMO. They created the whitepaper so they already make sure that everything there is good to read by the potential investors so all of the flowery words are there. The best thing that you can do is to do research about the project and also evaluate if their project is useful and if its members are knowledgeable enough to be involved in that project.

There are many ways to avoid fraudulent projects such as:
1. Please thoroughly research the project wpp to know the project details.
2. Go to social networking sites to see how your teamwork works.

Fraudulent projects cannot be avoided. Each of us fell into such projects. You are right even with high ratings companies can cheat. Therefore, coming to a project we can only hope and trust the creators.

It's damn easy – do not invest but hold. Anyway, untill there is a massive global HYIP as in 2017, not much will change.

For me personally eliminating the scammer for now is impossible to do, and if to reduce the scammer itself actually does not exist but what exists is how we avoid or minimize the possibility of getting a scam project. If we have ever entered into a scam project, of course we can find out or gain experience and knowledge about the project, how the project was originally run and can make us interested in participating in it and how in the end the project becomes a scam, this can be made a comparison for us take our next decision so as not to enter or not be hit a second time.

free crypto space, anyone can take part in this cryptoqurrency space. and out there are many services for making ICOs at low prices, users of Telegram bots, and other negative things. so I think to avoid the project depends on our research before taking part in the project, by looking at the background of the team, developers, project road map, products, etc.

The issue of promoting projects by bounty hunters is something to be addressed. You would agree with me that majority of hunters are only interested in the reward they obtain from the project and research is made to confirm if the project is buoyant enough to make the payment promised. And if the project is able to make the payment, the hunter believes that the project is far from fraudulent.

Before you get involved or invest in a project, you must examine the background and the project and developer in detail and to avoid losses you must invest in a portfolio that is not too large so, if one day is lost you will not lose a big loss.
Avoiding all fraud projects depends on your intelligence in assessing and researching before engaging in them, and all the knowledge and the best ways to avoid fraud projects or whatever this forum is the best choice for learning and related knowledge about crypto.

as uses with release of news and reference of goods and service from developer pro market might works on decision as appealing with more on preparedness with seeds on recompilation and manage to sees with one on plan to work on terms with projects to gains with returns of work from developer.

My assessment of fraudulent projects are based on the team, the manager of the project, the services or product they are offering etc. But major concentration is on the team and the product or service they want to offer. Social  media adverts doesn't move me like that.

Honestly it is hard to determined what are the fraud project here in the crypto industry. All we know that fraud cases are continue to increase and for me the only solution that we have is crypto's regularization so scammers will be afraid because government will have a right to make some law about scam and fraud.

supported by legitimate and reputable industries? I have not seen such projects for a very long time. over the past 2 years, they simply did not exist. maybe you have some examples?

True, the projects which have a proper background are rare in this sector. If someone is investing in a new ICO project its rare to get something legitimate as the product. Rarely we have seen any industry backed altcoin and to be honest, I dont think they would even go for a crypto backing but opt for the stock market.

Most of the crypto investors are currently feeling the burnt of their decisions and thus stopping before investing shitcoins. Obviously bitcoin is the better choice here and I am sure no altcoin would be able to take over bitcoin's price. So instead of wasting time and energy on these shitcoins one should focus on only bitcoin.

Worse this year with bad things that continue to happen until now. I think how long this will continue to happen and there is no good information until now.

I agree with these details but I think you need to conside first if the people on the team line-up are real people. Most of the time, the project team consists of people that doesn't really exists or profile that belongs to a person who have different name. You may also consider the office address if that office really exist because scam projects don't really give legit office addresses.

btw, you mean (they are) social media prize participants? yes, actually ico SCAM is common, on the one hand many participants of social media campaigns don't really care whether the project is a scam or not, because the most important thing for them is to join and join every new project that comes up. but in most cases beginners are one of them.

Many new bounty hunters just wish to make as much profit in the bounty campaign and they don't care about the project. They have no idea how to use the real working product of the project and the main requirement is to complete the tasks. Scammers know this fact and they hunt the bounty hunters. Shady projects exist for increasing the BTC portfolio of their owner, nothing else.

their experience is certainly not much, so they prioritize projects that they think provide a lot of funds for campaign participants. maybe it's natural because they will learn when they get mistakes. even though it is not good, because it is better to study first. but everyone has their own way

Scammers and bounty hunters are spoken as if they were the same. Bounty hunters are looking for projects where they can profit. However, the problem is that the following bounty hunters do not know the intentions of the project owners. It's a moral problem in general. People need to be prevented from turning to fraud.

You can invest in IEOs on platforms like latoken, binance and ecxx. These exchanges vet IEOs before listing.

both arent the same  . sure bounty bounty hunter will join anything they can just to earn a profit and if ever they got tired of same old scamming , they will stop and realize that they are just wasting thier time for nothing and they dont also like to help scammers  . while scammers are have the same goals and that is to scam and scam people   . avoiding fraud projects can be done by hunters if ever they are really serious about earning and if ever they do want to get most of thier efforts  .

There's no avoiding except there's an intervention. Most projects look real at the onset with time it turns out to be a scam the space is scary.

latoken is a very bad exchange site and that was listing so many scam IEOs. Ecxx is also the same as latoken. binance is the only exchange site is worth to invest right now consider about the result of the IEOs that  running on the binance platform. this thread is discussing about how to avoid the fraudulent project which mean if what we must do to avoid the exchange sites that you have mentioned in your post.

It's an obvious fact that scam projects may be impossible to eliminate, our focus should be on reducing their impact on the cryptocurrency space. Bounty hunters may not be in the best position for detection of scam projects, this is because bounty hunters are in most cases the victims of this project.

Doing research is something that must be done by investors and people who will participate in a project so that what they do does not fail because they do not understand about the project and the team behind it so that they can participate in the scam project.

Personally, I can't understand what are you saying here. All of the sentences you made doesn't have any sense at all. Also this line, "People need to be prevented from turning to fraud"

Can you explain this? If not, someone will notice and tagged you as spamming here for signature campaign. Improve youre post or yet post on youre local board if English isn't youre first language.

If you are going to get involved in new projects, it's probably impossible to ensure you never invest in a scam.
You can do as much research as possible, and if you are good you can weed out a lot of the bad stuff, but you'll never catch them all (https://www.youtube.com/watch?v=QCILyXK1U58&list=PLoAYKsOkRVg9UyTapv7yYmAbBkDBG6302).

To many people, life is all about the money. Even in the obvious case of fraudulent projects, many people will still collect money and promote them even though they know it's a scam project.

depending on accuracy and confidence before investing, although many new projects will emerge but not all will end in fraud. indeed, scam projects will never stop for to steal investors' money and one thing to do is be careful. if you don't want to lose money and are afraid of receive risks then don't invest and you will successfully avoid a fraudulent project. 8)

Yeah and this is the disappointing part cause they dont mind even they are just wasting time on it. I actually fond of joining campaign but I see to it that my effort wouldn't be wasted when I joined one. Time is gold and also money, so if youre joining an obvious fraudulent project then youre also wasting time and money.

I agree, sometimes other projects pays the ratings so that it will look good for their project.

The simplest way to avoid fraudulent project is to tackle personal greed
Then learn patience and endurance so that you can always dyor before making any decision

It's a known fact that bounty hunters are only interested in promoting projects for a reward. Any project that is willing to give a good reward would be promoted, so investors should not be considering the fact that the project has a very good review as a condition for validity.

It is hard to avoid fraudulent projects especially that it is getting rampant right now. As the technology and the industry develops, so as the growth of illegal activities that take advantage of the situation. I think making your own research aside from the reviews of sponsored crypto critics is a must nowadays. You should look for realistic projects, stable community, and credible development and marketing team behind it.

Ignore the ICOs and IEOs, that is the best way to avoid fraud projects. Right now, the IEOs and ICOs investment have small percentage of win rate and I can say that it is not profitable investment anymore. Most of the victims nowadays are the ICOs and IEOs participants. It is better to buy a coin that is current listed than to participate in shit projects where the scammers are common.

sometimes we see projects like that, they pump first to find new people to buy it then when they get a price advantage they will leave it and usually coins like that will die and be erased from the exchange. there are quite a lot of such projects and we have to study them so they don't participate in such projects

If you buy exchange tokens like BNB and ecxx you can profit in bear and bull markets. IEOs on reputable exchanges help weed out the scam projects.

Actually it is difficult to avoid fraudulent projects as long as we are still in the crypto room and work as bounty hunters, because bounty hunters cannot be fully blamed in promoting projects, sometimes some bounty hunters join several projects and of them only one or two projects pay. Bounty hunters always hope that the projects that all follow are good projects and pay, but the reality doesn't talk like that.

If there was a simple way in which we could stop scammers then those measures should have been taken already, look the only responsibility that we have is to try to warn others when they express their desire to invest in a scam, if they decide to not listen and invest anyway then that is their choice just remind them the next time they begin to say bad things about the market that you did in fact warned them and they were the ones that decided to not listen.

indeed, fraudsters from various types of projects have prepared strategies to bribe the promoters and as much as possible it does not appear that there will be a scam, the beginning of their project will always respond well and the service is very good but when the fundraising is complete they will leave the project and take money from investors, this method I have often encountered in various ICO.

The best way to avoid fraudulent projects is to always apply your common sense and be less greedy. Most times we enter into fraudulent opportunities because we want to rip where was not sown. The Cryptocurrency industry is obviously very risky and most opportunity which seems to be very laudable are probably scam.

I think some can be avoid by doing some research and if see incomplete info or fake team then who see it should open a scam accusation here on forum so much many people to know about and avoid it, but some are hard to be find as fraudulent on first phase and investors might lose a lot of money.

That's why sometimes I feel the Bitcointalk forum should come with a rule for lunching bounties. If the forum asks a certain amount for launching bounties then scam shit project won't get the place for free promoting. Most of the newbie people do social bounties, so, they never research hard! That's why any kind of shit project gets free promoting just by lunching a bounty thread! I agree with you that people should stop doing shit bounties, but newbie bounty hunters don't care about these things.

This has been demanded from this forum before but it is highly unlikely that the administrator would agree with this. Besides, this forum is not the only place where crypto projects could freely promote their shit projects. They can promote them anywhere, on social media sites, on crypto online magazines, etc.

It is good though that there are also some scam detectors in this forum trying to uncover some projects faking as legit.

You can't avoid fraudulent projects forever unless you stop investing in new projects, even few old projects turned scam, we invest based on how good or promising a project look but sometimes even very good projects can scam you

You can avoid scams by investing in exchange tokens like ecxx and bnb or only buy IEO coins vetted by exchanges you trust.

Indeed, besides whitepaper can be plagiarized so you can't use it as a basis if a project is legit that is why having your own research is always advised and recommended because in that way you can see different information regarding that specific project. It will serve as your guide to make the right decision since you can't easily assure if that project is unlike any other projects. As an investor you will do your responsibility to protect and secure your funds from scammers because we can't change the fact that scammers will always look for some opportunity to deceive us. In researching, you can easily identify if it's legit and profitable. It will not be easy to get rid of them particularly these days that scammers are getting wiser and it should be the reason why we need to be cautious when making decision or any actions. Also, we have to change our mindsets regarding earning profit easily and less hassle because it will never be easy since earning is a result of hard work and patience,we have to analyze the possible things that may happen because it is one thing to consider before investing. Understand and learn from other people's mistakes because it can have a huge impact on our decision making. Be responsible and accept everything because sometimes we are also the reason why we are ending up falling into the scammers tricks, after that we keep blaming everything and everyone even if we are the reason why it happened. We have to accept that mistake and experience, we have to suffer the consequences of our action because it's true that people never learn until they have experienced it. Don't let them deceive you by their words and promises because some of you can be easily derived by it, they will surely take advantage of you.

Nope, this is not an IPO which should fill Terms and Conditions. This is crypto which is decentralized, free, open source
you can make your own coin, project, if you want. that's why we should be smart here

There are many scammer around us. dont too believe with any project (especially new)
keep doing hard research to avoid lose, invest only you can afford, dont invest in one basket, are basic tips for us.

The best way to avoid fraudulent projects is to never invest in any new projects right now. I have seen hundreds of ICO and IEO projects in 2018 and 2019, but to be honest, so far most of those projects have died and prices have dropped hundreds of times over ICO prices. Invest in top projects in this market and invest in bitcoin, which is the best and right choice.

I do it by doing due diligence on the core team of them like CEO, for example, and the rest doing due diligence also on the clarity of the project they run is rational? or just bullshit, especially if the project is very promising profit when in fact it should not be suspected.

Disagree with you, no project in this space that  came into the space with the intention to build a good cryptocurrency and later turned to be a scam, as you have said. Most of these projects have scam hidden under the project for you not to disclose, but, with a proper search or research into the project can actually reveal the true position of the project. Making the project look real when not means that; you as an investor did a shallow research into the project.

Change always starts from us and it can't be done without any initiation. Because it's us who can keep this fraudulent projects alive and the ones who can also dig the pit of its grave. As long as we all don't patronize and show support to any of those, then there won't be any progress and profit for it to continue theur project. Warning others and warning ourselves are the only possible tool that all of us can use bevause completely getting rid of it is impossible for they just won't let it happen.

if indeed it can be done by the forum team/moderator it will be very helpful for everyone, but if that happens it will make everyone more lazy in reading and doing research on a project

I have different thoughts. In investing sometimes we encounter fraudulent projects. So before you make money, learn how to keep money, learn how not to lose money to make money. Pay attention to your capital investment wisely. Learn carefully about projects that need investment to avoid fraud. Believe in your knowledge, not in anyone. Most people lose money because of gullibility and not knowing anything about investment projects.

I dont think there is really a specific way to avoid fraudulent projects, unless you just dont participate in anything at all. There have been long lists of tips but still there are new ways to scam people.

True, it is indeed very difficult to eradicate fraudsters, because they also have ways and tips in deceiving everyone, even though we also have lots of tips to avoid them from being fooled.

its really hard to tell if the project is fraudulent or not, i agree that most of the time people were given false hope and provided investors potential high profit program, we cant stop them but we need to be very careful when investing in new launch project by checking every details and people behind it.

Avoid scam project is really difficult but all scam project definition is same, scammer always apply new ways to scamming people, and some scammer are success. I think you need to check roadmap and white pepper and team member.       

Avoiding fraudulent project is a better way to keep funds. The best way to avoid such projects is to cut off greediness. Greediness is a very bad apect which has caused many investors to get scammed. The cryptocurrency sphere is full of risk so therefore one need to open his or her eyes to see what exactly the kind of project one is venturing into. One need to rerally check if the project has good team and good products.

Like everyone here I would like for fraudulent projects to disappear but that is not up to me to decide so the only thing I can do is avoid those projects and warn other persons about it, but it can be a very frustrating activity as you see newbies asking for advice and when you give it to them they do not want to listen and when they eventually get scammed you try to encourage them to not make those mistakes again and they begin to make accusations against the market when it was them the ones that refused to listen and invested in a scam.

Finding scammers has become very difficult,
they mask their projects very well,
and those places by which it was possible to determine them, they modify them
so that the second time in this place it will be impossible to determine them,
they constantly work on bugs

not a bad idea, but now we are all familiar with projects in this cryptoqurrecny room which most of them look very promising, offer big prizes but don't come true. it's actually very difficult to find projects that are really good to follow, but my advice is important for you to always research and reconsider before investing in or joining any project.

What is a fraudulent project? I'm thinking about 5 years ago, I was here at that time, do you know what people use to say about Ethereum? Check it out, some of the high ranked members here on the forum said that Ethereum is one big scam! You can believe that the project is a scam, or you can do your own research and decide to trust them no matter what others are saying.

You cannot just stop those projects that is a scam. It will pop out even if you are going to try to stop it. The only thing that you can do is not support it so that other people will not going to support it also. If people saw someone supporting the project, they tend support it also so be the first move not support it and read the projects carefully if it has a potential or not.

Not supporting what you think or known is bad or scam project will lessen the risk for your own sake, but it doesn't mean that you can stop them by continuing not unless you will use your time and effort to exposed information that you know to make things possible to stop this king of project.
Knowing the truth and exposed  what you understand is bad for everyone a very big help to the community.

I always careful before investing and new projects are often very easy to scam so I always spend a lot of time to analyze because if not careful, I can completely lose money in this market. In fact, there are thousands of projects in this market but you should only invest in projects that investors appreciate because those are the projects that will bring you very good profits.

by not supporting it means we are not giving the project a chance to develop. so that over time such fraud projects will disappear. but it is indeed difficult to avoid the fraudulent project, we can see the track record of their development team members

despite being cautious but there are still many people who are trapped by fraud projects. as smart as investors look for information and research in the end they will still be less clever than scammers.
it's true, it's better to stop promoting every new project out and don't invest. try to stop the circulation of investment and promotion of types of projects as they are today so that no more fraudulent projects will emerge.

I believe that the advent of new scam projects is not due to the Bounty Hunters, but to a greater extent to investors. After all, it is investors who invest money in such projects, which provokes an even greater appearance of such fraudulent projects on the market. Of course, this is also the fault of the Bounty Hunters, but I think the percentage ratio will be low. The reason for this is the mistrust on the part of investors of the Bounty Hunters, because the latter quite often advertise various kinds of fraudulent projects due to the fact that there are many multi-accounts and automatically configured robots that do not check the project for quality.

It is true that scammers are very good at hiding the fact their projects are scams but at the same time if you selected 10 projects at random 9 out of 10 will be scams so it is not really difficult to find them the difficult part is to actually demonstrate that they are in fact scammers, I know I do not have the skills to do it but there are many members of the forum using their time to catch scammers by checking if their white paper or their website is original or if the pictures of their developers were not downloaded from the Internet.

Thats true we can avoid fraudulent projects if we are aware what to look into before making a decision to join or invest. There are many guide and factors to consider before participating in projects hence if you're careful and not easily believe those promises that seems real then you wont end up being a victim of these scammers.

know how to analyze to be the main capital to join a project. We know that there are many fraud projects that have a mission as good as the real project. therefore we must examine from all angles before deciding to invest. sometimes even fraudulent projects listing on large exchanges, so this makes it difficult to analyze

If bounty hunters know that a certain project is fake or scam they won't dare promote the project, the problem here is many bounty hunters are too lazy to do their own research on bounty projects before promoting, most do have jobs and make up their mind that it's a good project

If you begin to do that you will soon realize that most of the projects that you go through the trouble to check are scams and this is going to be discouraging if you want to invest your money or your time, I remember that years ago I did that experiment and even if my abilities as a scam detector were limited I was able to see that most of the projects in which I was interested were scams and when I realized that truth I decided to leave the market of icos and never come back.

This is one of the most issue that one need to take congnizance, if one want to be successful in crypto currency because when you invest in a wrong project you are already a failure, so to prevent it a means should be put in place to avoid with which one of it is checking the project white paper in other to get fact about the project.
One it is also to consider the manager also whether and the team of the project, because it can easily be observed from that and one to careful also.

Fraudulent projects do promise mouth watering offers to bounty hunters thus after working for several months ended up not paying, ICOs that offers big rewards are mostly the culprit of scams bounty hunters should just be wary of those high paying projects rather follow good paying projects with a better future prospect.

to be honest in my opinion avoiding fraudulent projects is very difficult. although we have thoroughly researched the road map, whitepapaer and also the team and its managers. sometimes we also remain deceived because fraudsters always have new ways to cheat and are smart at making projects look good. so I think cryptocurrency prone to scammers is a risk we must accept when investing and working in cryptocurrency.

The truth of the matter is in the event that you will engage Or invest in new projects , it's presumably difficult to guarantee you never put resources into a scam

You can do however much research as could reasonably be expected, and on the off chance that you are acceptable you can get rid of a great deal of the awful stuff, yet you'll never get them all.

It is very difficult to find such projects as fraudulent projects too doing their research to look like legit ones from their own mistakes or from others. My opinion is that don't waste your precious time chasing those projects the landscape has changed a lot as compared to the earlier ICO craze where even garbage did several x. Invest those time in researching the existing Top 10 or even 20 coins which will reward you in the upcoming bull market

Actually to solve this problem is very difficult because we are difficult to detect the Scamer project appropriately, and the team that manages the project is already very cunning in doing its action so that they can easily get the victim, now They could forge a whitepaper so it is very difficult to marry a scamer project, perhaps for now I haven't been able to find a good solution to solve this problem

Actually, my experience is quite different. When I actually used to have Telegram and Facebook, people would be messaging me their ref links and promising me it's still early to join. They would even say they know when to exit, so if we follow and invest NOW we can exit before it dumps.

What's this tell you? They know exactly it's a scam, and just want their rewards before the scam falls down. Why else would they dump at the earliest opportunity?

You can always see to their project itself how their system work you can try to look at their whitepaper and see how detailed it is and from that you will easily spot if there's some fraudulent things running to their project, second thing is their website usually on their website you can see all the information listed on it such as their team member, road map, contact information and legality of the project such as licences and legal documents.

You can check them one by one and their team members sometimes most of the fraud projects doesn't show their faces off the public and also you can also see that there's no legal documentation they have on their website as well as their poor website interface.

if you encounter some of this then you should be careful and do more further research about the project.

Their whitepaper will tell us all the details that we want and we need, it is not easy to catch scammers by only reading this one, you may check the profiles of the team members as well, better to suggest them for a AMA  so that you may see if the faces that are being put in the website is true, but then, if the projects is only created for scam we dont have any solution for that because I have known a project before and now it is a trash.

It is very hard to stop all fraudulent project in the crypto space, there is too many of them and some them are in disguised of having a good developments and hardworking team. We never knew at first when it is a scam or not but this is my tip. If you see some redflags on the project along the way then stop promoting it then move on. There is too many projects out there clearly focused on the developments.

Better we should stop seeking for a good ICO/IEO for now, maybe it would be best and better if we will just let them launch on their own fund and let's see what they will give and how much potential they could be in the future, for now I stopped investing, I prefer supporting self funded project.

There are a lot of way's to avoid those projects. first, learn to be afraid to take a huge risk to invest in many projects or any of this projects now or learn something that you didn't know about fraudulent one's. if you are aware of this and you don't want to take a risk for investing then you can avoid any losses on this scammers. they didn't victimized you because your a wise investor.  ;)

I think that they will not try to do that. If the investors have made there must be an MVP that already created by the project and the scammer will give up to do this caused by they will never try to create an MVP use their own money and that never happens before

Scammers and scam projects is main problem in cryptoworld,It will take a long time to stop the scammers but can minimize on immediate basis.Actually its a responsbility of all crypto community members to highlight the scams and if find share with circle that maximum people avoid it.

There should be seminars,get to gathers to create awareness about the crypto scams,Specially ICO projects badly affected due to some scammers.If a legit company came with new project must create awareness to the people through social media and arrange seminars that avoid the scams and if anyone who try to scam with you must report,These kind of efforts will bring positive results.

I disagree, avoiding scams projects is really easy, do not invest in icos or ieos, do not invest in coins with less than two years in the market and do not invest in coins outside the top 20, if you do that then you are protecting yourself of almost all the scam coins in the market, you are going to miss some opportunities to make money but that is better than to lose your money, you need to forget about what other traders are making and concentrate only on the money that you can make with your skills.

it's true that there are a lot of project frauds and scams, but we can avoid that. quite a lot of people also support project scams and fraud, but that's not because they don't know what they're investing, but because basically, the CEO of the project has intended to deceive investors. However, now investors are very careful in investing, starting from seeing information about the project, even looking at the place of sale of the token in question, such as IEO in a popular place. it's just that we can't avoid it when the CEO really intends to deceive us all. however, we can reduce that risk by being careful. this is indeed a pretty risky investment.

Researching and doing a background check on a project and dev might help to an extent but will not totally tell you if the project will be a scam. I have witnessed on many occasions whereby a full research project turns to scam. What I have concluded in my findings is that some projects are not created with the intention to scam investors but lack of proper management and dispute between team might kill the project and one's the investor's money is not returned, the project turn to scam. Another way of a scam, which is very common this day is the advanced scam in which dev get token listed on the exchange and they keep dumping by selling off their own allocated token thereby killing the token price. Some of them will give a signal about a piece of planned news that investors believe that might pump the price in order to keep selling off their own token when investors run to the token on the exchange. This is the primary reason why you see some token rising more than 100% at this hard time   

It will be best doing a proper research on a any project before investing and be sure to invest what you cannot afford to lose in the crypto space.

promoters often dont care with what they promote, even when the project is a shit they still dont care
maybe, they have principal "nothing to lose", so they just do it
actually, they already lose their energy and time. but they dont realize it

IMO, investors have to be smarter as time goes by, what makes project alives is investor
if there is no investor, then no project too, including shit project

dont worry, the space is going to there. investors has already become smarter, look at shit project now, it is reducing!

In my opinion, lack of knowledge about what you are doing makes you vulnerable to frauds. As long as they see you as a dumb investor who knows not that much, they will take advantage and hit you on your weak points to inflict scam projects. To evade such worthless projects, you need to make sure that you are reading everything and checking the team if it would be worth to trust and to exert effort and time. Be smart and wise with your decision and also be patient to avoid frauds.

Sorry, you should remember that we are quite alone in the crypto world, even if we try to accumulate more knowledge, one of our brains cannot compare with the brains of many people, especially for scammers who have too many skills to distract our analysis, scam projects have become more perfect and make it harder for us to identify and avoid them. Instead of trying to show off our skills and face scammers, I prefer we invest in listed projects, there is no need to worry about scams and just focus on observing the trend and destination the market will go on

fraudulent projects are becoming more and more difficult to detect, so I only invest in projects through ieo because when participating in ieo, exchanges always verify the project well before ieo on Their exchange, I can suggest just joining ieo on binance, okex, kucoin. My way is very sure. But good opportunities are often not obvious. The choice is yours

There are several scam projects that run the development first so that investors believe that the project is not a scam, but after all the development is almost complete the project is dead or even a scam.

There are no special strategies to avoid fraudulent projects.

for me, i believe in doing things the way they are supposed to be done, that way you avoid all fraudulent projects.

Before investing short or long term for a project: DYOR
before joining any bounty at all: dyor
Before joining ieos, stos, icos, etc : dyor

While hodling tokens, altcoins, : dyor.

Then finally, always stay in profit.

No matter how vigilant we are in our crypto dealings, scammers will always find a way to deceive people, and they are getting more sophisticated at that. So it is important that we do our own research before investing in a project and not only rely on the advice of any crypto reviewer on social media. Self-education is still the best way to counter scam project.

to find a fraud project is very difficult in my opinion because intelligent fraudsters will be able to fool smart people. thus making it difficult for us to distinguish between fraudulent projects and real projects. Bounty managers who have managed many bounties have also run fraud projects. that is because of the difficulty of distinguishing true and false projects.

It can be avoided if we are knowledgeable about the project's information and how they communicate to the investors. And we can see a red-flag once they have full of promises and not sharing the team members of the specific project and no linked in or those people are untraceable or just a photo grabbed from somewhere which a lot of scam project did this.

And having a knowledge and becoming vigilant before investing is a must and we cannot lose our funds by just this project who only wants to trick or manipulate people.

Checkout Depository.network, they are a perfect example of the project that was difficult to know that it will end up to be scam. They ran a coordinated project development. All the whitepaper versions were clearly written and the project was a solid one. It was not like many projects I have seen that have almost the same idea. Depository wanted to create identity management database for easy KYC verification. During the period they were running token sales, the team was always available to answer all questions both on telegram emails in form of a newsletter. Today Depository is a scam project and I believe the team are planning another scam project because their former site which was depository.network is currently being redirected to assetify, a lending platform.

find ? no you dont need to find them because you arent going to join a fraud campaign anyway but you just need to avoid them  . you can easily avoid than searching  for something to join  . smart people are smart and wont get scammed easily but the not so smart people are the ones that are in dangered  . bounty managers are smart guys too because they wont be a manager if they will just accept scam projects  . they should only accept legit projects and not easily get tricked by the pay  .

yes, of course there is no effective way to eliminate fraud projects in the cryptoqurrency industry. You can see for yourself that fraudulent projects are still around us and will probably always be in the following days. it's just that you can still avoid it by doing more research about the project you want to participate in.

These scammers in one way make their own loss as well. They if keep doing development with the number of investors they attain, I am pretty sure they will make more money than they do with scamming. People who do scamming are the ones who lack real business mind. The thing is we can safe from these scams if we make sure that project has been in the market at least for 6 months.

There are actually a lot of things you should consider when joining or supporting a particular project. You can actually somehow recognize if that particular project is a scam by reading their whitepaper wherein almost all of their information is already stated there and also the team itself, you are the one who is deciding if that information that is stated there are possible to happen or their target is too much. I can also say that you can recognize fraud projects by their website and their moderator also because some projects don't have a website or their website is a scam, and the moderator is not that encouraging. You can also gain information from other investor or supporter who already invest their money there, you can ask if that particular project is legit and you can trust your money there, you can see their reviews.

Mostly reputable exchanges easy to spread hypes. Binance IEO is not launched in every single month. So how will depend on binance exchange and another legitimate big exchanges. In this way, at least I do not think this problem will be resolved. I would suggest we have to research on the project accurately and then to think about investing. I did not found other good way to legit projects.

Nowadays, most of the projects are not real and trusted; everyone should share a good and trusted project. Still, we should also research about the project to avoid join the fraudulent project; we should check their whitepaper, social media activity and thread rank.

don't be interested in scams that offer instant big profits. ICO and IEO seem to be profitable but you have to analyze their project. most of them just take advantage of the hype then disappear.

If the whole crypto community get together, it will be easier to detect a scam project!

We need to be more coordinated and support each other. If a scam project is detected by anyone, that project needs to be on the target by the whole community and spread the word! expose the nasty scammers, etc!!

You can avoid fraudulent ICOs if, for instance, you study up on the development team, the white paper, Github, and other related information. And also always check out social media, Crypto forum so that you can have information about recent scam projects out there.

Yeah right, participating should be more on deep understanding and not just to go on because of sweet promises. There are lots of projects out there where scammers are involved, developers just runaway after collecting huge amount of money and doesn't care about what will be the fate of the project just all for the money and nothing else.

There is really no sure way to avoid fraudulent projects completely but you can safe your neck from getting scam by
1) Doing very good research on projects
2) Invest only on projects introduced by Top Exchanges
3) IEO launchpad from Top Exchanges can bring better profits compare to low rated exchanges

Look at projects like TemTum

A fully deployed mainnet, listed on coinall and liquid, mobile apps and mou`s with serious industry and countries - all done without an ieo or ico - it was privately funded to 10m by the founders !

Don’t take risk on projects that claim to solve issues without any product - pick a fully deployed project based on 7 years of phd work !

actually this has been done. some people have interfaced with projects that exist today. in addition, until now it seems clear scam projects are also easy to know. some projects that are not known to be scams sometimes scam when they have run their concept so that it is difficult to detect. however, until now, many people continue to look for the odds of a project like that, I appreciate them.

Yes, that is one of the few good ways we can avoid fraud projects which often occur in crypto forums lately, and I strongly agree with your opinion, because of studying in the development team, white paper, Github, and other related information is very important in crypto.

We hardly find long-term projects, in the end we have to be careful to get back in and take advantage of the best moments. But no doubt the best strategy is to take profit and run.

I have participated in many bounties before and have a big list of many scam projects, I should share that list soon! so others might be able to detect those bad guys stealing from crypto enthusiasts or bounty supporters and investors in general.
.
One project that comes to my mind now is Root project!

The biggest challenge we are facing in the ICO market is regarding the uncertainty surrounding the future development of the project. There is no guarantee that the promoters and the developers will remain committed to the project in the long term. Under these circumstances, the only safe way to invest is to purchase the tokens after they are listed in an exchange (and not during the ICO phase).

Temtum has been huge success in the so many scam projects everywhere, although it wasn’t sell token in IEO or ICO any phase. They got enough private investors otherwise how can possible to success in this bearing market, you know many reliable ICO and IEO are not successful due to lack of funded. TEM will get a lot of marketing if added in coinmarketcap. Now it’s only listed coingecko. Why not apply for cmc i don’t know.                    

Stop looking for a project that promise to bring 1000% return. Be careful of a project that have no working product. Check properly the credibility of the dev. Study the team to know how focused they are.

In addition, fraudulent projects will be more attractive to investors base on their return in their investment. I have been a victim of many scam projects by was able to take my exits door at the end. Scam projects will not have a workable product attach to the project, the teams of the projects will be secret and hidden. Experience had shown me that; any project with a workable product will make a good project, also, project with prospects.

Agree here

Any project promising returns is a scam

Look at projects that focuses on technology and use cases and have a real product

Best one i hold is Temtum - working mainnet based on brand new tech from Richard's PhD and MOU's with a national state to run their currency - i can see this going big

https://www.coingecko.com/en/coins/temtum

https://t.me/Temtumofficial

Yea nice shilling out!

Im not saying this project is sh*t yet i havent checked it out.Back to topic, i do really hate nor ignore
to those projects which do offer guaranteed profits into its investors.Always look for their projects main motive
and plans and try to figure it out if its realistic/achievable or not and also try to verify everything about legitimacy of
the team members.

I agree TemTum is the future!
I am in their telegram group and have some Tem of my own.
I can't wait to see it take off!!!  :)

Should check it out - to make a judgment before checking it out will mean you'll miss out !

They have a strategy around CMC - once they have their third exchange which will be announced this month they will list as a tracked token with a ranking of around 95

In this modern scammers era, we cannot escape from fully sub-merged fraudulent projects. We may avoid big losses if you are keenly looking for good investment opportunities. I am trying to say, if you keep investing into all projects which you feel good after your long researches and analysis, still there are chances for getting scammed. but, if we invest only a very little money then we may avoid big disappointments.

If you do 10 investments across different segment projects then there will be chances for getting good returns from at least 5 to 7 projects. Please note, you always take time to analyze each and every aspect of a project and this method I am mentioning may help you to minimize your losses and will not safeguard you.

Scam projects always have something very eye catching to offer, too good to be true offers, this is what you should watch out for because presently its hard to get the attention of many investors and normal projects who have something to offer will just go ahead to face the challenges, not scam projects

If there is nothing useful but only promises or big profit, if they offer ICO instead of community collaboration or alliances with other projects. and if the team is not actively developing blockchain code, then that is a sign of a scam!

 The easiest answer would be ; do not put money into stuff you do not know? I mean its quite simple to not just put money into stuff you have literally no idea about? People invest into stuff that are hyped up like crazy, there are ads everywhere, there is marketing, there is bounties and many other stuff so the new ones get SUPER attention from all the newbies and they write and shill about worthless coins. In the end if you do not really know all the details, the team, the roadmap, the whitepaper type of stuff, than do not invest into them. If it is an old coin like lets say eth or something, check whats about to happen and all the future news like for example its having a new hard fork and all that type of things, if you realize all the future and news than it will definitely work out in the end.

The way I think that can somehow lessen the possibility of many people to get involved into such fraudulent projects is for us to act as one in a sense that whenever we found a project that seems suspicious and right after thorough observation and checking of its background turns out to be a scam project, we must inform everyone so that we can all avoid being trapped into such project. By doing this, we are helping each others out to create a worry free work space so that we can all just enjoy being into working with cryptocurrency and not concerning about being scammed once again. By doing this hand to hand, we can lessen the existence of fraudulent projects so that it can just obtain least victims or much better is no victims at all.

I think scammers can't be completely eliminated but reduced to a great extent if we can be able to do proper research on a project n even ask questions from people that has more crypto knowledge than us before we invest.

I was always surprised by the fact that people who fell for scammers and lost money always blamed either these scammers or someone else. Although it’s just they themselves who are to blame.
If we talk about examples of scam telegram channels or other social networks, then you need to understand one thing.

We are dealing with cryptocurrency, which means scammers often cannot forcibly take your money from you. You do all the translations yourself trusting a person who pretends to be another.
You yourself click the “send” button, the scammer’s wallet means, and then it disappears and you understand that you were deceived, but it’s too late.

This is cryptocurrency, here only you are responsible for your money and no one else. Therefore, so that you are never deceived, never send money to wallets unknown to you. This will be enough to avoid 90% of scam.

Scammers won't just rest as they believe there are still people who will fall into their traps which is quite true as well, and mostly these type of individuals are those who are either greedy or follows what people say about a project without due diligence. Talking about high ratings, all these rating websites are not to be trusted again as many projects has passed through them and still exit scam. Also, promotion of fraudulent projects is likely not to stop because these projects will come up with a huge reward and since there are people who don't bother checking a project, with that reward they will be drawn to promote it without any due diligence whatsoever. So I think, until people start asking the right questions and doing the right thing, all these fraudulent projects will die slowly or reduce to the lowest minimum.

There is no magic to avoiding scam projects, the answer is research and it depends how good you are with research, if you have enough patience when doing research you will find reasons to promote a project or not to promote a project

You got it right there. One thing that takes off our mind from making good research on a project is the figures we see. No doubt am in this category, sometimes am carried away with the so many $ promised on a project website or thread which are never realistic. If we can put aside our emotions when dealing with crypto concerns, there will be a lot positive change in the way we analyze and rate some of these project. We will be able to save ourselves most losses incurred on investments

It will be enough to always check the availability of information about the project on the network. Often, most of the scam projects are identified very quickly, resulting in a lot of topics and forum posts saying why the project scam. If there is no such information and the project is quite young, then just wait a while before investing in it, maybe the information will appear soon.

Verifying cryptocurrency projects have been quite a tedious job due to the massive scam ico projects plaguing the market. Even reputable rating platforms such as Icodrop,  icomark and findico do gives high rating to most project and they end up packing up with investors fund without delivering any tangible product.

As massive ROI can be make easily by investing in start-up project, so is the risk associated with them. The best is to invest in a quite successful project actually delivering products, that's the only way to have quite  a secure investment.

It's kind of hard to stop fraud totally because fraudsters keep on upgrading and finding new ways to scam people of their hard earned money. But a key thing you need to avoid these fraudsters is to not get greedy with anything you do online. Because they will give you offers that are too good to be true and if you are greedy you will fall for it.

Any new projects can earn huge support from social bounty hunters. But only social support can't make success a project without others support. Promoting and partnership is the main work, just focus on this point you could avoid fraudulent project. I just surprised when I found some bad review of credits, everything was perfect of this project

It is difficult to eliminate fraud in any field. What can be done is to recognize the method, because until now there are many countries that do not yet have regulations on cryptocurrency. For a new project, I think it's better to invest in a project that does IEO in a good exchanger or at least has a reputation

It's very difficult to determine it, my friend, because fraud projects have in common in all aspects such as whitepapers, project objectives and teams that do look legitimate. And I think legitimate projects are those that have real products without impossible promises

indeed there is no certain theory to avoid fraud, for now before legalization is enforced I think it is better to invest in coins that have been registered and ranked above, to reduce the risk of fraud. I don't think there have been many satisfying ieo projects like ico in 2017. so we have to be really careful in securing our capital, so that it does not disappear in an instant

It is not really easy to completely stop fraudulent projects because some might even succeed in listing before exiting scam or even listing and gradually withdrawing from the project, but to an extent we can help stop them by trying our best to make sure we check the team thoroughly at the same time checking their social media activities to know if they are still active as always or not. Also I think going for projects which already have an active product is a good idea, at least it shows the team are already working on something.

conducting research on the project in question is the right step to prevent fraud against the project. but, even though it's not 100% successful, it can reduce the scam of a project. Well, until now, I did that, and the results were quite satisfying. I prefer projects that are certain even though the prize is not that big compared to taking risks by choosing a project that has a large prize, but it's not very clear.

The best and safest way for you not to encounter scam projects is to never try to invest in new projects. We cannot know its future and it may die or scam in the future. In 2019 I saw hundreds of well-evaluated and promising projects, but after a few months those projects disappeared and became scams.

Do careful research, check whitepaper, team dev, partners and investors .... If all is transparent and they have big investors then you can participate in their bounty campaigns. It has a higher chance of success than other projects

From my observations this far, any project that's tagged as scam in the forum don't get promoted because even the promoters get red tags if they continue with the promotion. In terms of not promoting flagged scam projects, the forum is doing well on that side. We should look at another means of detecting the scam projects early enough.

So many scam projects here and it is still increasing. For sure we cannot stop them the only thing we could do is help others and remind them to be aware.

In able to avoid fraudulent projects you need to be intelligent. In able to be intelligent you must make a right decision. The first thing that you must do is to research gain more informations about your coins or on how you can make your coins bigger and higher in value. You must search for the legit websites that offers investments. Through this you can invest your money in the investment websites and then wait for the charts and trades. You can sell your coin when the value becomes higher or else you can buy coins when the value is a bit lower. Through yhat you may gain so much return on investment.

it will be hard to find out which one are the good ones and which are the fraudulent projects but there are also some othere threads around here on bitcointalk with information which are good/bad but it is always the best to find as much info as possible from other channels and the teammembers

90% is a conservative number. Remember that a scam is a scam not only because it has scammed but also because it does not intend to ever build or develop something if it did not raise any money. Bitcoin never needed money to develop, yet it did and continues to. What does that say about other projects?

Because of the coronavirus, the screen time of the community is increasing, a lot of people are almost like getting used to this kind of platform or in online.

We cannot stop scammers in their intent by what we could do is just to avoid them, in my opinion, a lot of people or newbies falling for this is just because of greed. For a bounty, project is this already a classic thing to do since we already know that there are just so many fraud projects here we could just check carefully about the team, developer or the company of the project and verify it, do some research if they are really a legitimate company at some point we can't really accurate every time.

maybe you mean like participating in social media campaigns? I guess it's common, I mean you can see for yourself that most social media participants always follow every project that comes up, whether it's a good project or the most important bad project for them to be able to join in it. my advice, reconsider before participating in the bounty and do detailed research about the project you want to follow.

We have seen many promising projects in the past that were able to collect millions and had progress for a while shut down after a while and that is the case with majority of the projects, only a few survive till now and considering that is the way the market is taking shape for a long time there is no way we could certainly say that the project will be successful, so the risk is always there if you plan to invest in any project in the alt coin fury.

It's possible for an investor to avoid scam projects but almost impossible for a bounty hunter not to promote scam projects directly or indirectly. Some projects that have been tagged scam suddenly do well. Ixium (XXA) that was tagged a scam has been listed and planning on their road map

So the big question should be how can we actually differenciate between a scam and a legit project?

You  can only minimize the chance of be scam not totally eradication of scam, because some project are real from the beginning but due to insufficient fund, it can make the project not to be succeeded and the project will  now look as if it was fake.

There are few things we can do to avoid fraudulent projects on crypto, the most important one is due diligence.
Without doing that, we will have high possibility to getting scammed by fraud projects.
Always DYOR before deciding to investing because our money is valuable to be wasted.

Of course the bounty hunters who have been here for a good amount of time are already avoiding those projects that are very obvious and suspicious but what we cannot control are those newbies who want to earn their first money by bounty hunting. Even if we can easily see a shit project but newbies are very blind about it so it is pretty difficult to avoid them completely because they can surely get a support from newbies.

So what will be good is for the forum moderators to monitor closely all the incoming newbie so we can guide them correctly without falling to those fraudulent project and supporting them. And to those high rankings that promote a suspicious project, it will be good if they will be reported or banned as they are making the forum from good to worst.

a question that is very difficult for anyone to solve. because fraud is a job for those who take shortcuts. we can be honest in the work we do now but for fraudsters will continue to commit fraud in accordance with their abilities in whatever field they are good at. then my advice to be able to avoid fraud is to learn something that we do well and correctly and follow the rules that have been enacted.

It really is. We cannot completely avoid fraudulent and simply unsuccessful ICO projects. Fraudulent projects are still widespread as ICOs are still not regulated by states. It is necessary that the states check and register the members of the ICO team, perhaps even issue a license for this type of activity. Then the level of fraud among new ICO projects will be very low.
Many projects are classified as fraudulent because ICO team members do not have sufficient experience and therefore make many mistakes that ultimately lead to its lifelessness. This cannot be foreseen.

Be willing to learn, be willing to be hard working, don't keep things you don't know unknown to yourself, this forum for example has everything a newbie can ever need to know about crypto and how to be on safer side, crypto is full of risks and to manage risks you need some knowledge

There is no way to stop fraudulent activities so you have to be careful on the projects that you're investing into. Just do your own research about the project especially the team and their whitepaper coz some are just copying their whitepaper from others. DYOR is the key!

DYOR is still the best thing that you can do before investing in a ceratain project, there are loads of scam projects right now on the market to be honest and its getting harder to avoid them... But doing background research can do something and lessen your chance to lose your money. Only invest what you can afford to lose anyways

Many suggestions like this have been given in this forum in previous years, because everyone who invests must always check the background of the project first, because investors also want to get to know the team and project more fully and closely.

There is no solution to scam projects right now than doing your own research on every projects and choose wisely, the proper effective way to get rid of scammers is through regulations but I don't see that happening any time sooner

Just look for the projects that has a clear goal, clear roadmap, a decent whitepaper and a decent website.

Scam projects can be identified by low-quality design and site interface. There are also various super promotions for participation in which you are promised big money or profitable discounts that are not very similar to reality.
It is imperative to check the information about the company and the project; it must match in all sources, social networks and sites.

If you don't know about crypto it's easier to fall for shitcoins FOMO, I was a victim too until I started learning the differences, now I can tell the difference between real projects and shit projects, there is nothing we can do to safe those who have no knowledge from this trap than keep warning newbies

After 2 years in this forum, I can analyze which projects are potentially scam or not. here I will provide some tips so that we all avoid projects that are indicated as scams
-Show Original Team
-Always updating social media
-Whitepaper No Copy Paste Another Project
These three indications can actually see whether the altcoin has the potential to be a scam or not. now in my opinion it is wiser if you are more careful and don't invest in or join the bounty so that it doesn't end up being a scam

Avoiding fraudulent projects is hard to do because most projects have perfectly masked their platform to not give a hint of being a fraud. You could feel a hint within communities if you are within their Telegram group because some of them are just idle and does not want to engage with the users that they are targeting and search about the developers if possible.

Well, for me, I don't think not promoting them is the solution, I mean why would a person know fully well that a project is a scam and still want to promote it??, the thing most people don't do proper research before getting involved in a project, and we should also know that this scammers are getting smarter everyday by day, it is highly possible that a project might come out looking legit and clean in a way that no one will discover that this project is been runned by scammers, not until the very end.
The thing is for people to do more research before joining a project.

as developer gives with different unit of option on intelligence, investors might find of one as fine to match with different returns of evaluation as experts might works with most favorable models to match and follows with decision of involvement with the project.

By and large, it is hard for us to have the option to recognize scam projects and projects that are truly genuine, as a result obviously the designers of project scams will make their projects as unique as could really be expected.

there are consistently warnings in the guide of scam projects. its either its excessively grouped or spread excessively far.

I figure now we can just trusting with karma alone to dodge the project scam, yet there are a few individuals here who propose that we check the web, Roadmap and their group prior to joining the project.

indeed, its hard to find a scammers at the beginning of the project, mostly we know about a fraudulent project after the project cheat somebody
but, sometimes a fraudulent project will copy the whitepaper from the others project, so maybe we can start to read carefully the whitepaper mate

It is very difficult to avoid scammers because nowadays between a scam project and a real project have a very perfect resemblance even now I don't know exactly how to tell the difference
I think you have heard of BCNX
_ They have real team and product
_ They have clear roadmap
_ They have whitepaper with good explanation
_ The community on telegram is very solid
But in the end it ended up scam after the project has been running for 2 months :'(

i think to avoid the fraudelent project
we can buy only the solid project, even if we will get only a small profit, but at least we can minimize the risk of being cheated by scammers

Scam projects might be difficult to dispense with, our attention ought to be on decreasing their effect on the cryptocurrency space. Bounty hunters may not be in the best situation for recognition of scam projects, this is on the grounds that bounty hunters are much of the time the casualties of this project.

You can only avoid fraudulent projects if you make a research on it, but if not you can be one of the victim by the scammers for sure in
the end.  However, having an extreme caution for every projects will surely lead you into good earnings in the end 100% as long as you know how to read a fraudulent campaign projects here.

Always research what we see and read. Nowadays I have met many influential people on twitter, they promote fraudulent projects, maybe they get paid or as early investors. Don't be rushed when making decisions.

Personally, I expect more of the experts, the bounty hunters in this forum, I rarely wish to rely on my self to avoid projects that are scam when I understood that the knowledge that the people involved in the project like us was quite limited, the analysis of real projects and fake projects will not be helpful. Many times I have faith but everything always ends with the silence of the project, they promise so much about the future and the waiting time is not fixed, consultation from professionals would be better than our own

In reality to take care of this issue is exceptionally difficult in light of the fact that it is  difficult to recognize the Scammer project properly, and the team that deals with the project is as of now precarious in doing its activity so they can undoubtedly get the person in question, presently They could produce a whitepaper so it is extremely difficult to weed a scammer project, maybe until further notice I haven't had the option to locate a good answer for tackle this issue

In the event that we have at any point gone into a scam project, obviously we can discover or acquire insight and information about the project, how the project was initially run and can make us keen on taking an interest in it and how in the end the project turns into a scam, this can be made an examination for us take our next choice so as not to enter or not be hit a subsequent time. Everything thing that you can manage is to assess if their project is helpful or not