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Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time

AI project which was launched a few years before but nothing was successful because there was less interest in the city so it was difficult to say that the project would succeed, they didn't end up scam but what they gave didn't pay off so I thought investors just wanted see what the developers are doing if they are able to AI according to their plans or because it is not developing due to lack of funds so many projects like this are rarely successful.

To me A.I projects are all scam projects, they exist in a way of saying they never met softcap so they can't continue the development but to say the truth I have never seen any video on YouTube about these projects having any real Artificial Intelligence programs or setups, it's a fat lies

i agree, more of the a.i project is not even release any working product right now. Which is people wait that why they invested, too much promise from not real project is the problem since we dont know if they make that happen we just trust thier money to them. Without checking the background of the team member if they are capable to what they promised.

Although I will not be too quick to tag all A.I projects as scams but I won't fail to point out that most projects ideas do not look achievable. Most projects just come up with beautiful written ideas and whitepaper to attract investors and nothing more hence the reason it's good to look beyond what's written on whitepaper and ask the team tactical questions to ascertain their level of knowledge on what they want to build. Most of the times they will ignore such questions, ban the person or even give irrelevant answer. Therefore it's about time we know that most teams will do everything possible to lay their hands on funds hence the need to analyse their idea to know if it is achievable or not.

The managers and the team many times are proactive and they usually have laid down/already prepared answers to possible questions they will be expecting from their investors, so they despatch answers to questions asked expertly and without any troubles, which would not make the project a success or make them do or achieve any of the answers they gave to the questions they were asked.

What this is to say is that investors should not always judge the legitimacy of the project with the way the team answers questions they are asked or with how knowledgeable they may seem, it may just all be a scheme.

Personally when I see any project with promises that are too good to be real, I just consider such projects to be scam. Most projects are just giving fake promise just to sell out their ICO.

It's not about the project really it's the people behind the project, if the people behind it are great developers with good background in their fields they can do what they are promised to do, because they are capable to do it, so even if the projects are to good to be true it can be accepted if the people working on it are capable and honest.

I would not entirely say there are too good to be real projects, Crypto currency world is a world in which the unexpected can happen.
So there  should be no reason to undermine or underrate or belittle the excellent product any projects wants to create on the blockchain.

We can only do concrete research and choose the ideas we buy into, if it is achievable, or able to hype up the prices.
Most times, investors worry about their profit.

Always dyor.

What you say is quite true, The person behind the project is quite influential on the future of a project. But the fact that we see this year quite a lot of projects that end in fraud or disappear slowly. There is no serious development, they only make sweet promises to investors or their project communities.

The first AI project I encountered was Keplertek. The project got a lot of audiences, but u was so surprised that it could not equate to the amount of fund raised. Although, the team came out to say that, they were able to raise softcap. After a long time and after investors had complained, saying it could be a scam, they eventually listed on a shit exchange. It dumped and today, I do not think it has any reasonal=ble volume. It has been deserted I cannot get more info from the team.
This experience made me not to believe in such a project again.

Literally there are dozens of projects i have seen that have not fullfilled their promises some have just failed and closed the projects while there are many who have just been struggling to even come up with any solid development regarding their plans and promises made during the ico stage.

Nobody will believe them because they are talking nonsense and out of reality. Investors are aware already of this kind of play but somehow they find another trick just to continue their bad intention and unfortunately, they still succeed.

That is why, if we are planning to invest crypto, it is better to risk existing projects because our chances are high but not 100% of course. If we could notice the crypto market today, we are already surrounded by fake projects and that we should have to be careful coz all of them have a high and very attractive offer which can fool us.

Yeah, most of the projects are "all talk" and nothing else. Its not about the project being "impossible" to implement. It is more about how the developers abandon the project without even trying to develop. If a project fails even though the developers tried their best and worked hard day and night, I would never call that project a scam project. At least the developers tried. Project where the developers run away with the investors money are the scam projects.
Though I still suggest others to avoid all those new hyped project, because most of them are likely scam and investing on those projects mean you will be encouraging more of those scams.

One of the biggest strategies used by a crypto developer to attract investors is by giving a promise of getting a big profit. but here the biggest mistake is the ambitious nature that often makes us forget that there will be no program that can make us rich in an instant. remember to keep using our logic by looking at current market conditions, because the market is still greatly affected by the conditions and state of bitcoin. if bitcoin just keeps getting worse then what about new coins.

Never believe in sweet promises, exactly, especially in the world of cryptocurrency. The more they offer projects that seem very legit, tantalizing, and provide promising benefits, the more alarming. So you have to be really careful about analyzing it. Because the reality is not as easy as the legit promise. It could be that you are being scammed.

AI technology may be promising. However, we must also analyze whether they are realistic or not, whether the team is trusted and professional in that sector or not. So far, I found less successful projects concerning AI. Well, be careful is a must.

People like bright ideas and fantastic future technologies. All these projects give people some dreams and hopes for their future. Boring projects won't get many investors :)

In my opinion, new project investors basically speculate and hope that after the initial listing the price will go up. But in the midst of current market conditions and also amid the IEO trend, ICO is difficult to reach the target and investors are also traumatized by the many scams. New investors do need to do in-depth research about the developer team or the project so they don't get caught up in the scam project

Just imagine a bunch of new projects comes out everyday and all of the projects saying good things such that it is too good to be true, however it is just a vision on their plan, the real thing is it would just be a promise in the long run. By the current market situation now, we should analyse first the project and read their whitepapers if they have the capability of being successful in the future.

Or more likely not needed at all. Some projects have been introduced but if you noticed their concept they are likely nothing related on blockchain but still they are insisting on putting up a project even its not necessary. These are the problem with some alts they are trying to incorporate ideas into blockchain even though it isnt matched. Dont invest on these types.

right, there are many projects like that, where they will most likely run away with investors' money. for now sometimes projects with a convincing theme can even be fraudulent. or maybe I am not good at analyzing ... my advice is not to use your total funds for a new project at this time

I find it very hard to believe any A.I project in crypto space, many of them don't have real A.I tools or products yet they raised lots of money, in the end they exist scam, I don't or won't trust any A.I project sorry

OP is correct about A.I projects, I promoted many A.I bounties in 2018 and 2019 but none became successful, it's more like a scam scheme, they raised fund successful but that's it, the telegram channels became dead

Yes, most AI projects only show a good appearance, even though if we examine it, there really isn't any at all, projects like this that should be watched out for, because they could end up with a scam after the project promotion period is over.

 ;D there are many clean ways of scamming investors in crypto space, once they deliver a good futuristic project you get hooked easily, that's the case with A.I projects on blockchain, some are even promising a A.I City like cyborg shit doing the dining in clubs, tell me how all this is possible?  ;D so laughable

To sell out ICO this days you have to give something very attractive to the audience right? This is another perfect weak point for investors, just because the project offers something very attractive doesn't mean it will work, you need to consider the use case first

Agree but sometimes you wouldn't know unless you try. On the contrary to this, the problem here is that the assurance to being a failure is totally a high, that we shouldn't disregard. So no matter how attractive, persuasive it will be, we should always embrace the fact that stuff aren't always working the way we thought it would, not even the least especially when it is totally far from reality. Thus the irony with such project is too strong. The key to avoid such failure is not to check what's behind only, but to study thoroughly the use case it has, if it is realistic, feasible, achievable with today's environment, and lastly the essentials that shouldn't let go unchecked.

It is good to warn them but in the end it will always be their choice.
I see millions of tokens being distributed just for the bounties and I think those are the ones which are too good to be true.

I have joined lots of bounties and none of those big numbers are really successful.
There is just 1 which I have millions of token but it is worth it.
But the others? When I receive even just hundred of thousands then I know it will just be dust.

In the last two years or so, there have been a number of projects established on A.I. People need to understand and appreciate that there are some projects that promise realistic and simple ideas but still end up failing in the long run. The situation is very dicey when it comes to blockchain based projects.

At this time the ICO project has very few who believe, so it will be difficult to sell to any audience, because in the past the average ICO project experienced a scam and investors became the most victims of the scam at that time, so the ICO is no longer trusted by any investor although polished very well by the developer.

Well, I can feel what you feel. I have also been quite supportive of the project, and only a few are truly priced. but, I think there are still quite a lot of potential projects ahead. I really want to support projects that I think have strong potential when the project is already running. teams, partnerships, concepts, and so on are worth seeing. besides that, trust is what is really needed to be a good project.

It is a pity that so many people are easily been fooled by projects which make empty promises. A lot of them will be promising their investors certain things which can never come to reality in the course of time.We really need to be on the watch to avoid been taken by empty promises. It is so unfortunate that most crypto enthusiasts are always victims of this because  majority do look for cheap and good things on the platter of gold.We need to take some cautions whenever we are trying to participate in bounty campaigns or invest in some good looking projects.The place of carefully investigating projects well before enrolling for them should not be under estimated.

I can say that now there is a very difficult situation on the cryptocurrency market and, accordingly, the projects are very weak and no one wants to invest in projects that will not bring profit in the future. Moreover, there are a lot of projects now and everyone wants to make a profit in this market. But now it’s difficult to get profit from the project, it’s like winning today in roulette and lost tomorrow. So doing business in the crypto industry market is very risky and you can simply lose your capital.

That's the blatant truth @OP. Some of the projects that get launched into this space seem to be promising all that they can't accomplish in the name to lure investors in. What we see in the end is a dead project with no liquidity causing investors to lose huge sums of money. i think we have come a long way to fall for these scams again.

actually many have warned about this and also many are talking about real use case projects. because in fact today and so far the crypto project only exists in the range of blockchain and technology and it is not implemented in the real world. it means investing in the field itself, developing something that has been done before and it is indeed not good for the long term. so don't be surprised if very few projects are able to last long and the tokens are able to compete in the market.

The thing is would they really be able make to those kind of projects they are planning to work on or were there any chance such project was achievable? I was able read a whitepaper of a certain A.I projects and I think their vision were to very much futuristic kind of porjects that my mind cannot comprehend. I mean it just too way out of the context of what our technology can do.

It's true that some projects are impossible still on blockchain, that's why I neglected some projects last year e.g CitiOS, it's never going to work, I think the team are just looking for ways to attract investors and raise good money out of the project idea

This is the key to avoid scam project, unrealistic target and discount at event should make us think this is the right project I should leave. Some people see project as opportunity to make money and have perspective everything is possible, not wrong but not always right. Realistic came from project information and developer track record history, that's become our basic analysis. Learn from fail/ scam project before, use their as comparison with new project, in this part wasting time is necessary.

some projects falsify the track record of their developers. marketing that looks good with sales and big bonuses does not provide guarantees. but sometimes investors also like the activeness of developers in making updates and surprises in the collaboration platform. There is no guarantee, but how can we analyze it that will be truly correct? I guess all of us who chose to invest in new projects are gambling with their money.

To be honest, there is an AI technology that have become successful which is the blockchain technology that big companies and businesses are also started to adopt it for fast and convenient transactions. But it's true that there are more projects that are not successful rather than successful projects because there are not well developed and scams, that is why you shouldn't be falling in projects that makes false promises or things that are too good to be true.

You are absolutely right on this. I noticed this with a project that made away with millions of dollars (Kepler project). it was a full scam project where they promised to build an A.I to serve multiple purpose. the project was exposed last year after the owner dumped everything on the exchange and ran away. Same can be seen of this current project CitiOs.

currently trading on some certain exchanges but we are yet to see any new partnership and major market breakthrough.  sorry people that fall for this kind of project. better sell out and move.

of course, the platform that is in demand by the market will get a greater chance for success. but right now there doesn't seem to be a lot of new platform concepts that have managed to attract investors. because in the current conditions I think the focus of investors on projects that are already running and has a strong market. they choose to invest safely to make a profit.

Yes, those promises are all fake and foolish. They want to change the world through agriculture, AI, Bot and so many unique blockchain technology and when they raise money, they forget all the promises and starts scamming or joking with investors! AI in City, like CitiOs project? That project looked suspicious and all their trading volume is fake shit! Therefore I ignore all those projects that offer a 50- 60% offer in their sale, like the very new project Sheng Global! Sure shot waste of money if you invest money in that project as the bonus is damn high!

Project deals that are too good will usually only end up as wishful thinking if they are not supported by the facts of the field. This applies to investors and bounty hunters. That is why we must be more realistic and logical. It is always a good idea to discuss with friends about project selection, provide useful information to each other, this will increase our understanding. DWYOR. Indeed many things are predictable in the crypto world, but we also need to anticipate so as not to get caught up in fake manipulative projects.

I witnessed with those two projects and I think AI idea is not possible in Blockchain technology, at least till now! Kepler was a huge scam and it was really unexpected, another project called UBEX based on AI is totally failed and it's dying already! And about CitiOs! It's a shit project, but in CMC they have 400k USD 24hr trading volume, which is crazy! All of their listed exchanges are unknown and I did not see a single real volume in CitiOs token! Therefore CitiOs haven't paid to its hunters, they are extending the time continuously!

Fake promises can be identified when you are thoroughly analysing a project and i would suggest that if you doubt about the practicality of a project then you must not invest in it, in other words if you found something suspicious about the project it is already a red flag and you should stay away from such a project.

Sometimes the promotion carried out by scammers is wiser than what is actually and the behavior of scammers with sneaky ideas can make investors more greedy. scammers and greedy / stupid investors, both interrelated that can damage the crypto situation. for example if everyone is aware, it should be more focused on the product of a project and how important the project is in the future, the first thing to do an investment that is forget HYIP or profit a lot with a short time, and start focusing to research.

This AI project was launched to be launched with the intention that later it can simplify human work, in this crypto world the project is less desirable, the project is running, because it makes it stop or maybe because of financial factors, because this project also requires large funds, so the project This was discontinued, and this was not included in the fraud case

When investing and participating with many project I am checking how trusted their owner and see how many team have more experience and ever manage other project before and success with listing on the market and have higher price, if they use team management have failed with other project better left and never invest.

The craze with AI is real and scum projects have used this hype to promote their scams for a long time. A single ico or crypto will not change the world economy by becoming the next bitcoin. It is an absurd claim that some projects make and some newbies fall for them too.

People should be wise to not listen to such vaporware but still they do. That's how they learn their lesson. But there will always be a desh flow of idiots to follow these same steps to make the same mistakes.

You are not far from the truth, there are some services that cannot be provided in blockchain at this moment because of the magnitude of such services and what is required to be able to provide them,
I remember campaigning for one AI project long ago but unfortunately that project never saw the day of life, it was dead on arrival, so this is an important consideration for both hunters an investors on any project,  we have to observe very carefully the services this project are proposing and how feasible is it.

This statement is true, the problem of scammers lies not only in the bonuses given, but also concepts that are too good to be true. however, I might believe when they do IEO in popular markets such as binance, because if they really want to do that, then they need to ensure that the project must be successful. however, some projects like that don't even have a really big partnership.

It was never an A.I project, they are just using the A.I name  to attract people and investors, also to make their project looks good because we're talking about A.I. Not all of tye bounties that you're going to join will be a profit source after their ICO, sometimes you're going to failed yourself finding the right bounty 5 times before you find something that is worth of your time and effort.

Too good to be true projects are not always too good to be true, sometimes it is just overwhelming but it is all legit and will pay you the right amount just like what they promised before their ICO starts.

Next time please drop proofs to back up your point, what is the AI technology project became successful on blockchain and still functional till today? I will like to know, many of them raise money and quit, this is very common

It's only about greed majority of people know what's right and wrong but choose to believe lies because of their own greed so they force themselves to invest into any project that comes with sugarcoated words and plans. No one is to be blamed for their loses if oater the project dosent deliver .

I agree. Whenever you wish to engage into a project, be sure to check if the promises stated are really good to be true and if it is reliable to become a realistic one because there are really cases that those promises are just fruitful words as part of the project promotion to caught the interest of the crowd specifically to obtain more participants that can be potential investors. Remind yourself that there is always a boundary for promises that are good to be true and those that are just fantasy and cannot come into reality. Always do check the capacity and capability of the project by doing research and see if they are capable to fulfill their promises before deciding to get engage into it. But I guess it will be best to get engage into those projects that are straight to the point and no too much promising words so that you will not have to expect that much and will not get disappointed.

CitiOs is not scam project but it’s shit project i think probably currently trading on probit exchange. I surprised when it’s listed price was more than 1$+. Team's made manipulation i saw all of fake buy and sell. Where you found these update about KEPLER Technologies project? It’s raised millions of usd now i heard. Robitc based project i experienced first time. When bounty was hits big hype.

The world is not ready for A.I Cities, it's never going to work, we have robots that are functioning, the present world is full of amazing gadgets but not going to bars and be served a drink by a robot, or not a whole cities full of A.I technologies, we haven't get there yet

At least not yet. It's too early to think about that but i believe some people may have a big dream to make it happen but the fact that we are 100 years too early to create A.I cities. What we can do to create a product that makes sense to be used for this time.

I have also never seen successful AI projects in this market, it seems it is still too early for us to access this technology. AI projects are dead and become scams.If there are any new projects related to AI in the future, I think it is likely that it is a scam and we will waste time and money investing in it it

I disagree with your reason in regards to somethings not working with the blockchain tech although still agree with you advice to avoid some over dreaming project that set goals that aren't achievable especially in this early stage of the technology. Blockchain is a technology that can be used in all areas of life, with time things will fall in place and those area of our life we thought the technology don't have any business with, will become the driving force for adoption when we begin to see the importance of the technology to that area.

Currently, any project popping up, promising mouthwatering ideas that their project are working on yet all they care about is the price movement of their token and new exchange listing you should disregard yourself from patronizing such project as they're liking scams or genuine project that'll run out of business due to poor management and probably carry-out an exit scam scheme.

There will always be some people who can be easily manipulated by false promises, like a person who desires for benefits but doesn't analyze the process of achieving it. They just take risk without thinking because they thought that it will be an easy money, but they don't understand that it was just a method to convince them on investing on a project. As an investor, we should be wise before doing an investment, especially these days that people will consistently look for a chance to manipulate you. They will try to catch your attention by using things that you may find interesting like A.I technology, so always do your research to identify which are the worthwhile projects.

The point is not majority of the people involved in cryptocurrency can actually research the blockchain and it is such group of people that fall for an unbelievable scamming strategy. This is unfortunate because scammers will always try to introduce items that will make things real while they are not.

I think it's the risk because too many projects come out every day. There must be some that are successful. At least 1 in 10 or 20 will be successful regardless of how long the project will take.Do your research first and don't just be seduced by the conversations and promotions they say.
and there are definitely good projects that will come out.

No. Projects have reduced coming in frequency but do the investors stop investing. Investing is a habit and so there will be money incoming. This will be directed towards the regurgited vaporware that these projects make out with and dont lead to anything fruitful. They beat the bush and run away with the money.

This is not a statistics game. All those 20 projects will be scam, I can assure you that. Thats what crypto ICOs are.

Keep up that false hope and soon you will be drained off your money. A project if was already going to move the world would have taken form in mainstream. Just adding blockchain to it does not make much difference.

The poster is very correct, well, now it's good that investors and hunters are getting to understand the crypto scams now, although when Ai projects first started spewing, I think the idea was legit, but it just didn't work, but for more projects to come up with same idea, it started turning it scam. But nonetheless, let's always watch where we invest. No harm in doing research and following your instinct, it's more becoming of 80% of projects being a scam, so we have to be very careful while investing in any project.

Bitwings is a project that promises to produce ethereum with their mobile phones that will be distributed, till date I am still yet to see any gwei come out of their project seems ICO is going to run for 2years, they have been having meetings upon meetings. I really doubt they can meet with this, too many promises with failed execution.

A city using AI, that sounds huge and like you rightly said, too good to be a real project. You also made a very good point, there have been little or no success with AI projects at least none that I know of, so I wonder why Investors are still going for such when it is evident the idea isn't workable. It is always good to take out time to analyse the idea any project is bringing to the table and it is through this way will the truth be discovered, that is, if it will work on blockchain or not, therefore if it won't work that is to say any investment done is likely to be gone. In the same way, most of this projects comes with hype which ends up covering the true nature of the project, therefore at all times, due diligence is needed.

yes, you're right being offered by really good is really something bizarre because they keep telling the investors about what're they gonna make about it and they cant even do something about it.

out there, there are so many projects that have done ICO / IEO that at this time haven't even made any progress. in fact, they continue to make promises and procrastinate by taking advantage of the situation. however, I'm also careful about things like that. even when a project promises something, and it is not fulfilled at a certain time, I might blacklist the project.

I will like to mention few projects that indeed raised softcap but never continue development simply because their use case is over exaggerated, Mindsync and windhan, these projects are completely red flag, they manage to raise softcap but I knew it won't work

I agree, although not all projects are successful in producing products, many investors are interested in investing because of expectations of technological and regulatory advancements. I would prefer tokens or coins that have been listed at large exchangers because usually they have passed strict verification

They are greedy people who just like to make money from their investors and give nothing back to them.
Devs are likely to blame this one but as an investor also, we should be careful in choosing a project for investment and I would like to suggest just invest projects that have a working product in the market. A lot of ICO/IEO projects seem to look promising at first, runs by know personalities but later on, they end up scamming. Nothing will give assurance to us, that is the true fact here.

Yes, and whatever will be done by the two projects will obviously be in vain because like Mindsync, which until now their tokens have no place to be traded by every participant who has ever participated there, this is certainly very painful.

yes,The reputation of the developer and the team behind the project is an important role in the ICO project industry. on the other hand the success of a project depends on how they work, and of course product marketing is also very important, I mean if the project is successful but the product is not functioning properly this can affect the reputation of their project. In most cases the project is successful but the product cannot function properly.

Almost all projects that claim to be a revolutionary breakthrough in any field are potential scammers. Places are already taken and a new gambler can appear only with the support of someone very passionate and influential

They farm the finances in other words and look for a private deal to sell off the failed company to someone who is going to sell it again. It is a business tactic and since the investors have no legal power here the owners are doing stuff at their free will completely disregarding the people who wasted their money these projects.

That is useful before investing in the project. How will you know that promises remained unfulfilled if you never invested in them? Of course you could follow their social media channels and get the idea but then if you are a non-investor just watching the project you will lose interest in them, generally speaking.

In the cryptocurrency sphere, a lot of fraudsters create scam projects because they know that they will not be punished for it, therefore you should always carefully study each project in which you want to invest your money so that you will don’t lose your investments in the end because of the scam projects.

Seriously I'm waiting for that day when every thing change in crypto space, scammers are roaming freely because no one can catch them, seeing Binance CEO taking over coinmarketcap is really a good start

Indeed you are pertaining to that kind of project. An entire city running with only A.I will be the best city in the whole world. imagine you don't need to have a sales lady or something like that, everything is using A.I including the rail system. that would be good to be seen if something like that would be possible. But the problem is, like you said, nothing like this will ever going to happen because there has been no successful city including japan that makes this thing possible. Right now, this idea is completely out of this world.

A good project sometimed is hard to find because they have a lot of scam right now. Scammer is very smart their true colord to hide the truth that their project is a scam so many investors are losing a lot of money once they invested to the project and only some of them are getting a lot of money with the true project but out of 100 project at this moment only 5 upto 10 is the legit and successful that is what I think.

I think it's just better to verify their claims and not just wave them off because you think it can't be done in Crypto space. I believe there are other decentralized ways to get things like that developed without necessarily using a Blockchain. I suspect there will always be very few real solutions out of hundreds of fakes/scams. So, it's better for investors or hunters to research and verify the claims.

Too good to be real: My candidate is QUANT (QNT), currently ranked around nr. 75 on Coinmarketcap, with a marketcap of ~50 mil USD.

It has one of the most active communities of all crypto projects: Their unofficial telegram channel is exploding almost every day.
A patented unique tech (Overledger) that connects all different networks without adding an extra Blockchain / Consensus.
Connections to the UK government, and the EU, working already with banks on different trials / POCs behind closed doors.
NO inflation, like with so many other altcoins, and the token (QNT) has a real utility. Its needed for all transactions within the network, and for licensing purposes.

IF you have missed the early XRP run in 2015-2017, this could be the next project with a similar run, and it doesn't even need a marketwide bullrun to achieve this.
It already went from position 700 to 70 during the 2018/2019 bearmarket while 99% of the altcoins have dumped like crazy.
I'll just leave the following link here:
https://www.reddit.com/r/CryptoMoonShots/comments/fsyml2/quant_network_qnt_cryptocurrencys_last_unicorn/

I have fell for this too. Not as an investor but as a bounty hunter though.

I joined a bounty program which is related to AI Technology. We have watched the content of their video and we found it amazing. Since we are newbies at that time, we joined on their campaign. Cut the story short, luckily we got paid and it has been listed on an exchange already. The problem is the price of the coin went down very hard from around ~$1.00 to around ~0.01 right now. We have regrets that we hold it hoping that AI technology will boom in the next years but it wasn't the case.

The lesson: See if the main use of the token is real or I should say too good to be real. If you find the use of the project not real then ignore it.

There are some superficial projects which claim to implement artificial intelligence and machine learning inside the blockchain platforms. Blockchain is already in it's naive form and it has to take off . ML and AI are already in their naive stage as well . It will be difficult integrating them together .

Well said, even when i get a project then i do analysis long time with i check their (roadmap, team profile, partnership, telegram, activity IEO/ICO planing). I get low scam project list but more time i face failed project their token sales.

It caused by the majority of projects who are failed on their token sales caused by they have no strong vision that can make investors wanna try to buy their token. This already happened so many times when a project failed to reach the soft cap. I have seen it so many times dude.

AI has been used as a buzzword but only to fool investors. Real development on it is happening in the tech firms and not some cyberpunk group who aims to become big by hoarding crypto. Thing is some people are foolish enough to put their money into these schemes hoping to get rich because it carries that buzzword. Blockchain was the older one and now it has been AI, you might even remember could computing being one of the more older buzzwords.

These projects literally failed or better to say didnt even develop anything in the first place. They run a nice scam and people are crying for being foolish now. So to prevent such incidents from happening, invest in mainstream companies and not shady startups/vaporware.

true, but many projects make this their reason. as said, that sometimes a project is too good to be true, and difficult to make, making the project a scam and looking for reasons that make sense for investors to believe. it would be good if they returned investor funds, but if not, it became a scam. however, being careful in choosing investments is the best step.

I think their innovations have been good in the project, but unfortunately, it is not really as real as they say. This could have been a good long-term project, but they did not do well the opportunity. Only the profit sought and left. Very sad

generally new investors will judge the project by its cover as a high-investment gift. each project has a different offer and marketing and almost all ICO projects look valid. it's hard to say which ones are really good for investment, but I personally have stopped investing with ICO projects let alone those that offer high prizes.

There are lots of projects that come in and already launched. If you will look at it sounds too good to be true. Every project will lay their most beautiful cards to hype the audience and will catch the attention of the investors. So before investing in a project, you must do your own research. With the current market now, everyone should analyze first the project and study their whitepapers if they have the capability of being successful.

I guess the reason why Hacken AI IEO failed this time.

There were many projects in the past 2 years that were doing IEO on exchange but most of the aren't making any developments. They were doing many efforts in promotion but nothing helps the price to take a nose dive.


Some are just waiting for the bullrun before they will do the exit scam.

In 2019 I also Invest and support A.I project and I thought the project was good but it turned out unexpectedly and there wasn't much demand. It seems increasingly difficult for now. For now people likely afraid to invest in new project.

Fake promises can be easyli identified when you are thoroughly analysing a project and I would suggest that if you doubt about the practicality of a project then you must not invest in it, in other words, if you found something suspicious about the project it is already a red flag and you should stay away from such a project.

Indeed, lately, many new projects have emerged that offer sweet promises that ultimately do not happen as promised. I think in determining a good project it is not just seeing from the vision and mission, but what becomes difficult for us to determine a good project is their professional team or not. this is difficult to see.

Sometimes the reason is that the team didn't properly execute their project in exchange and the progress on how the project will success. It's turn out to be scam project because of those reason, they failed. At the beginning, it's important to determine first their goal and how their token will be valuable to the project itself. Sometimes they only raise funds to improve their project but after several months the value of their token drops. Project team is very important and the white paper if they include their former job description. Those are only few things you can consider in choosing the right projects.

Yes, but we also have to understand that there are two types of new projects, the first is a new project without real products or products, this is clearly a project that is not suitable for investment, and the second is a project that already has products and can be owned in real, this is a good new project and we can make it as an investment field.

It's really hard to know which potential projects in the crypto market right now because so many scam projects are appearing everywhere and putting investors face a lot of great risks. I just want the market to be able to return to 2017 as this is the time when a lot of good projects work and help investors make a lot of money. Now things are different and there are very few projects to help investors make a profit.

Yes, many of such projects exit in the cryptosphere. We've seen them making bogus promises on how they were going to scale even higher than bitcoin and ethereum with their unknown developers but they turn out to shit project.

many such projects now promise their big talk just to sell their ICO. but reality is not the same as what happened. I believe what they are talking about with the height of their project is clearly a scams

Scam projects are becoming rampant today because investors still chose to invest in those too good to be true ICO projects that only end up as scams. But there are also some projects that are too good to be true and yet, they are considered legit. I think it matters most on the team behind the project. If they take advantage on the money that have invested, then definitely it's a big scam.

why with they continue even if they knew that its a scam ? thats crazy or maybe they dont care of loosing at all because they have lots of funds left on thier purse  but for us small time budgeted people we are too picky before we invest and as much possible we avoid ico's  .  projects that are legit are not too good to be true but they just only state thier true potential if what they can exactly offer from thier investors . so next time you guys how to differentiate them but that is if your not greedy for easy money

so far as I know the condition of the ICO or IEO is not very attractive anymore for investors because they are already too disappointed with the fund collection system that makes investors often suffer losses because they are deceived, therefore the current cryptocurrency condition is not as good as it used to be because investors have left cryptocurrency.

You are absolutely right. Not only this but we should also be able to differentiate between the usage of blockchain for the right purpose and usage of blockchain just as a buzz word. There are people who are using the world blockchain just so that it can create a buzz in the community but the project has no reason to use blockchain. There are many projects where the project is all about cloning bitcoin and/or promising more returns due to it's scarcity. Why will such project ever grow ?
This is where we need to understand that investing in such projects is absolute foolishness.

Things like that make hunters have to do research many times on each new project in order to prove whether the project is a scam or not a scam, because there are so many projects that make promises through writing alone, but do not provide tangible evidence.

therefore as smart investors we can choose and study the project before you invest there !, indeed there are many projects that look good, but their management is very bad, you surely know which projects it is, it is an important lesson for us

You have mentioned AI projects I guess I encountered 5 or more projects with so-called AI technology but none of them succeed and have been adapted by people. I don't know what is the reason why but I am pretty sure the majority does not like it for now maybe in the future more people will support it as our technology evolves. AI technology is really amazing if they can implement in and put into action not just whitepapers and stuff.

in any investment area, you need to do good research. and it doesn't matter if you are a bounty hunter or an investor. I would call it a positive point. if people learn to analyze projects as bounty hunters then it will be not very difficult for them to invest their money in the future

You have stated it all, there is a call for concern for people to stop believing in most things the project team brings no matter the hype they place around it. And also I agree with you, there are many things coming to the blockchain space which might take time to be adequately built and of course must come from a team with good experience for it to work out but funny enough most of the project team today are just after their own gains. Therefore, all the time, due diligence and proper research should be adopted no matter what's surrounding the project

I agree with you if you see a project that needs to pay attention to the white paper and the project team. However, to see the professionalism of the project team is very difficult, sometimes at first they seemed to be serious about continuing the project and after getting the benefits as expected they did not care about tokens.

Right now, it is very difficult to find the right project because all of the projects seem to be the right one, but we never know if they are really the right project or not in the future. Sometimes we choose the project which we think that the project will succeed after it's finished and they can continue to the next phase, but the fact is they delay the project in the middle and disappear with the investor money. That is why we need to be extra careful to find the project and make sure you can accept what will happen in the future.

That's the hardest part of trusting a project, we don't know their real intention until they got the investment money in their hand. They will give promises and they will make their move for the progress and development of the project but they will show their true colors when it comes to money.

Indeed everyone wants the market to return to its former glory, but it may be difficult to repeat it again. I hope that in the future good projects will emerge and need an authority in selecting projects before they appear in this forum and in various other places so that investors do not experience losses.

Scam projects will continue to exist as long as many people are falling to their trap and they can make money.

Not just here in crypto but in other investment opportunity out there as well. So what we can do to avoid these scam projects? An extensive research.

Dont look for the potential profit if you invest but take time investigating for the factors that can lead you to determine if its real or just another scam.

As an investor it is our job to find the best project to invest on and being wise is our best key in order to be able to choose the right project. If we are not careful then we will just end up hoping for nothing while our hard earned money will just fade easily.

Most of the investors are always looking for a great ROI or profit even if it is a little bit risky as long as we know that we have a better chance then we go for it. There are many types of investors and we cannot blame those investors who are fooling themselves, maybe they have difficulties in choosing the right project and they end up believing to fake promises.

It doesn't need waiting for people to be fallen into the scam projects. Even people have fully skilled to avoid the scam project and this scammer will always try to do various way to scam more and more people. As far as I know if they will never give up and there are so many scammers especially in the telegram. I have got a bunch of PM from scammers everyday. WTF

Almost all new Masternode coins, too good to be real, they almost always do the same strategy, create a coin, do a presale, thousand dollars for an MN, after that list into an exchange, price keep for a few days, then after weeks, Crash, No use case, No products, only ROI of a new coin.

   Now when you said it like that I realize the same, there are many new Masternode coins! And it's true,
all of them have the same strategy and many of them offer high returns in short period of time. I think
that last for some time already, we can say it's a trend!
   But among all them with fake promises and weak teams, is there some new and good Masternode coin
in your opinion?! Some Masternode project worth attention and research?

FYI, the utility us above the masternode feature. That being said if when we see a coin must be from the utility usage as it's much more important to be used for adoption. The majority of masternode coins are offering a very big yield return without try to consider the utility of the coin. That makes people will always waste their coin after they have received their coins from their masternode.

This one is the next big train that will start soon:


https://bitcointalk.org/index.php?topic=5240020.0 (https://bitcointalk.org/index.php?topic=5240020.0)

There are really projects that are too good to be true that always make fake promises to investors that they assume they will receive a huge rewards from them, but in the end it is just a scam or fraud for you to get your attention, that is why invest lost their interest in participating new projects because they don't receive any good rewards anymore.

Number of many projects scam of the year 2018 and 2019 but personally i miss some good project before. Yer i participate harmony and mb8coin two projects bounty with buy some coin after that i make profits harmony but still loss mb8. I forgot now invest but stay if i get a real promising project then i consider my mind.

What a good and a real thought. A lot of empty promises on the whitepaper where there is no intention to implement. No wonder most people are calling for regulation. Blockchain is still at infant and people are taking advantage of it.

It was to long for now that have so many project are trying to scam just like us a bounty hunter, Ill think they using us for there intention. But as of now we can aware that kind of project if we have time of research of the project that we need to participate. In this year it was only few of bounties or project are we can participate we hope more trusted bounty campaign coming.

I agree if we should be wise in joining all the new projects.  Of course we can not trust easily because of there are so many scam. If the investors fools themselves,  we should be smart.

That is happening in many sectors, as when it comes to money, they will show their true color, as you said. They can be honest to us if they have a purpose, and even they can promise so many things to get our trust, but in the middle or the end, they will run away after they got something from us. But that will not happen with the project that wants to make all people inside the project can feel successful because they will hard work to make it happen. It is only a few projects which can be like that.

True, very true, and sometimes you can't see through them

I agree because we should before investing we as investors do research in order to know that the project is legit or not and has potential or not. So do not just think about profits, but also think in the future whether our investment will bring a large income. Now I am more careful before investing because experience can also be a lesson.

Wrong. They are never identifiable if they are promises. How can you differentiate between a promise that is fake or true when the project itself shows you how its make the money? In face the money making method is a scam as well but peopl fail to understand in the first place. That is why the teams never make anything good out of them. All these projects have failed because they dont have anything develop on. If the fake promises were identifiable then no noob would even put their money in the project.

A big con would never make itself look suspicious. Use common sense, if you are thief, would you show everyone your methods if you want to steal something?

because of this, choose a project that is already in the market, or that is doing an IEO on a popular market or has great potential for success. at this time, I feel that so many people are making concepts so well, but they are not carrying out the project as they set it. it's just that, when the concept is very good and doing IEO in the popular market, it can be strong support.

Regulation is not necessary needed. Why you going to risk the fruit of decentralization just to give the benefit of the doubt to those upcoming project. Whitepaper is just a basis of the project, and they can always alter or modify what is necessary for the improvement of their project. Roadmap as well is just a guide but not required to be follow from specifics.

Ive seen many projects that made changes in order to have a good platform.

People taking advantage of this innovation thats why we cant always trust new projects. Real projects are not too showing some progress and using your instinct I think you can feel it if your dealing with a scam one.

You are right. Exaggerated projects cause more faults.For example, BCNX launched a project a few days ago.Now that withdrawal is closed. It does a lot of damage. For ordinary investors

if both of these sectors support, namely in the form of a good project concept and holding an IEO on a popular exchange then I think it will be good. but so far it is still a bit difficult to find such a project, because the project that is able to do it is the real project. and sometimes projects that always provide nonsense will be difficult to achieve

Easy to say. Everyone can advice you to say hey, invest in something with great potential for success. Everything has potential.

The better advice is. Do not invest in any of these projects. Use it maybe,,, if you believe in it. But you are better off buying Bitcoin.

Many use case in crypto world won't see huge demand because they are utterly useless on the blockchain, the project team might be serious and have a good plan but investors might not even have interest in such coins, for example dogdata, very confusing

Blockchain projects are emerging nowadays. It is true that there are a number of projects that were not able to be successful due to unrealistic goals. As an interested investor or user, doing in-depth research about the project such as checking the whitepaper, website, credibility of team members, the number of listed exchanges, amount of volume, etc. By assessing through this information, you can see which project is realistic and achievable.

PlayFuel aims to bring blockchain gaming at the forefront for independent game developers, all types of gamers, influencers, and merchants. The project is fairly new but its native token PLF shows good standing within the crypto market.

Check out our website and whitepaper to know more about our project:
https://playfuel.io/
https://playfuel.io/playfuel-whitepaper.pdf

Good projects always exist, I personally did a lot of good trading last month when the coins were scarce. Here are some rules to follow. Now things are different and there are very few projects to help investors make a profit. You can find good projects only if you find yourself. Thanks

Yes, a good project is still there if we want to look for it with a research, because when things are different, then what we have to rely on now is ourselves, so do everything with research, so we can know the pros and cons of a project at this time.

I think the blockchain cryptocurrency market will be drastically reduced due to the threat that the world is facing now and the dire situation that is going to create. Because the world is now focusing on curing Covid-19. The situation is now against trading. So it is just a matter of time rather than a good project. Hope for the best for all and Too good to be real projects will be soon after this big break of pandemic . Thanks 

Too many good things promised is one red flag of the scam projects. There are some risks in investing on project and things doesn't always doing good. So, i think offering many good promises and good predictions is just a way to attracting more peoples to invest on the project.
Indeed, stay away from this kind of crypto project.

When you go to the ann sections here you can a lot of those projects, promissing a lot and after 2-3 months don't deliver nothing, nowaday 90% of projects don't bring anything new.

That is why we do really need to be observant on every details stated on a project to better know and assess if such idea is possible to be made in reality. Other details or project ideas are somewhat fantasy or exaggeration only to caught the attention of the people specially the potential investors to be able fund the project. But better be wise before entrusting your money into any project because it is your money that will be used to fund the project so you better be a wise man to assess the project first. Not all interesting details in a project were seems to be true so you do really have to do thorough research about such project so that you are sure you are engaging into a realistic project that can be implemented into reality.

When I see huge promises before anything else, like a product or platform, I close that page. A red flag means that the project shouldn't be trusted and for me, one red flag is enough. Lately, I see many questionable projects and crypto sites, I try to stick with old and trusted projects when it comes to investing and earning coins, sometimes it's better to earn less but to be safe than to try to earn more and risk to lose money or time, or both.

We would not know if those projects are really good based on research, I have also done research for many years. But most of those projects have died after working for some time or being listed in exchanges. Developers begin to lazy to do their work and gradually leave it

I really like the title, "too good to be real projects" this is just a perfect title to classify those useless projects with the aim of making money from users and nothing more. Also, I find reasons to agree with you as well based on the types of ideas which most team comes up with and when looked on clearly shows it is not possible to be worked on nor will it yield a good project; this AI project you just used as an example is a good proof to that. As for me, I believe it is better people invest in projects they understand, a project that is workable and achievable not projects with just beautiful whitepapers etc.

that is why people make projects every day because they are still trying to think of whatever it is a new development, maybe at first it will not work but someday it might happen, but you have to be careful in choosing because there are so many scam projects out there .

Some projects just put up a mind-blowing project aim that will bring in more investors, but with no plans to execute the project aim. For instance, a project plans to build crypto ATMs and issue cards in the first quarter of their launch. Only newbie crypto investors will get amazed by this project aim because oldies will know its NOT achievable. It's better a team keeps a project aim in their capacity, not some fiction-looking project aims lol.

Its really hard to find a real projects nowadays because of some them are really hard to determine its true or not. Scammers really put some efforts to their websites so that many can invest them but if you read their whitepaper and look for project team its not accurate. Its so simple and sometimes they just copy for other project content and edited their project team. We must do our own deep research about this new projects and must rather trust coins that are listed in the market.

But you would get an idea of the project is gonna be good if you do a research, doesn't mean it's gonna be a 100% success, you just got unlucky with the developers of the project you encountered, i think they don't plan to develop their product to begin with, it's a scam in the end.

The most dangerous use case in crypto space till date are A.I Projects and STO projects, they hardly become successful, most times they are total scam, though I'm looking forward to this projects maybe they will change the tide, Dain.AI and Relictum Pro, one is A.I based APP and the other is STO blockchain platform, only time will tell

Isn't the 'too good to be true' phrase always the one to bear in mind, especially for anyone looking to put their capital in the hands of others? It would be foolish otherwise to think that you're an exception and by the example you're describing to be honest if somebody can fall for that then they deserve to have their money stollen from them since it's caused by their idiocy.

There are plenty of projects worth investing at , but some attractive feature can't bring investors those promises are all fake one and full of  foolish act  . Lots of scam and fake project we all witnessed during the 2018 & 2019 with some better few . A good Project is full of realistic and logical for every one . But many things are unpredictable / beyond our reach in the crypto world . when you are investing any good real projects thoroughly analyze it properly to avoid some risk .

This is the bitter truth about STO! STO idea is totally failed in crypto. But I have seen every STO project covered by some real famous person, endorsed by Nasdaq and their media coverage always enviable but yet success is elusive for them! And for AI projects, I thought Kepler will change the opinion about AI in crypto but they scammed. Then I thought UBEX may do better, but they are just another pump and dump shit project! So, the investor should ignore all the AI-based projects. I don't see any possibility in Dain, this gonna be another fail project from Latoken IEO, and for Relictum, I have a slight hope though!  

Most projects just come up with beautiful written ideas and whitepaper to attract investors and nothing more hence the reason. I projects are all scam projects, they exist in a way of saying they never met soft-cap so they can't continue the development but to say the truth. The difference is in what is being talked about and the way that you say it  too bad that you can't come to see mark in his school play. it's good to look beyond what's written on whitepaper and ask the team tactical questions to ascertain their level of knowledge on what they want to build.

When investors concentrate only on the idea of the project then these things happen but as a smart investor they have to analyse the market with different factors or they will lose their invested capital.But there are people who is ready to invest on any new projects with no analysis made which gives boost of the scam projects to pop up everyday.

Yeah, and they are even more rare right now than any time in history which is why we are having hard time figuring out which one is good. Plus we have done so much research to find the good projects that could make money and we have waited so much between from each other that eventually we got used to what we are looking for in a project that we could consider really good.

However one day, we are doing our research like always, find a good project like we always do, and it turns out to be a scam project because people figured out what people are looking for in a project and they basically did the same thing to scam you, so you need to change what you are looking for suddenly because of them. So it is not easy, sure they are out there but not really that easy to find them.

From 2017 until now, I have never seen a AI project successful. They attract a lot of investors because their ideas are great, but to implement them is not really easy.

No AI project is currently successful, you are right, and no one has developed an AI project in the crypto world, including using the Blockchain in it, be careful if you invest in ICO like that

Many Projects of this period can show dreams by showing some new technology but after a while they fell asleep forever.
therefore, we can find new good projects in this year if we can agree participate new project.

Otherwise, a trust project have clear roadmap with promising everyday. we need analysis team members and their support activity and positive feedback with IEO in popular exchange.

 

Totally agree with you. People should invest on those projects which have real product and can people's life much better than present life. We should know that crypto is not just for trade or exchange but also it's a way that can use it properly for better life. Everyday many projects are coming in crypto space and most of them useless so it's a better idea to invest on those useful project which have logic idea and have possible future.

Despite that impossibility, there is still a chance that there is great hope that it will succeed. But we must not be blinded by wishful thinking, we must be realistic, of course. We have to understand all the risks in this ecosystem, it could be impossible now, it can be realized in a few years. So don't ignore the analysis, sometimes we also need to try your luck by considering the smallest possible risk factors :)

The key to success is honesty with the following concepts, funds and a strong mentality. Do as you say, give as you promised and then see a graph of the progress of your project. They are tired of the lure, they need a safe, honest and trustworthy place.

This may be a very general description but is needed and accepted by anyone

That's why I never invest in technology. Here, I only care about profit. Projects with realistic vision, good MVP products and community, I will evaluate and can invest. And for AI technology projects and a lot of promise of huge profits, that wouldn't be my goal. At least they got it wrong about how this market works, we just need the money, we dont need your technology!

although it's too good to be true, if they provide complete information, and positive feedback with evidence, it's worth a try. to be honest, there are many projects that I consider to be a failure, but some projects are successful. vice versa. however, I just don't think that right now a project will give its supporters millions of dollars. it might be a strategy to attract investors or people.

Yes, for now this are the kind of project that are succeeding in blockchain at present,  too much elaborate project sounds unrealistic as of now, maybe later in future we can see such project able to survive,  for now, we should stick to project with realistic and achievable ideas that can be useful or provide services in blockchain, something that can sell.

You're right, friend, nothing can be achieved without cheating through a fake project, as today's coin cap has gone down so much if the good project was going on, maybe the cryptocurrency platform would have been healthy. Hey! come back to the owner of the real project, raise the market again.

Crypto currency is the name of a dream where you can trade on-line. But on the basis of the overall situation, it seems that it is a death knell! Because, gaining a profit is stuck in such a way that hippo sunk into sand and gets stuck to it. Without price forecasts, trade is impossible . Sometimes is hard to find real projects because their are a lot of scam right now .So, it's better way to treat the investors or hunters to research and verify the real good projects .