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I am totally new to alt coins - trying to learn something new. I tried searching for this info and c as me up dry.

I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags?

They did a pre-sale and earned 10x their intended 10 BNB. How does this work? How do you find out about pre-sales and what is the advantage?

They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. 10.0.0.0.1 (https://100001.onl/) 192.168.1.254 (https://1921681254.mx/)
They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags?

There are no humans listed on the site as the project team. Should this be a major concern?

Thanks!!

Investing in such early stage of projct is the most risky type of investments. Nothing really can tell you here if its goin go to be a success of not.

1- whitepaper is just a document with words. It can be copied and change a little. Faked. I can create my own whitepaper in which ill write that tomorrow ill be on mt everest.
2-team can be faked with fake twitter account with bought followers. It does not matter here if Team members are named on the website. Even video with someone face can be faked (deepfake)
3- code - who of us can check if code is OK? How many of currencies have working code now? Most of them are just concept without working product jet.
4- hype can be bought.
5- being unique didn't give you certainty of being unique forever. 1 month after your investment there can be new ICO with better team, bought hype and with working product delivered faster.

So you are really risking all your money. Take into calculation that 1 out of 100 projects at this stage are not scams made to collect funds and exit scam.


Pre-sale is announced by team. Mostly people buy at discount that day (compared to sale price).

Way to much. But if its at pre-sale stage its normal. They have main sale before them. 95% is the amount of total supply that will ever be minted or current supply?


Who is satoshi?

Perhaps this link could help you asses the risk you are getting into.

Collection of comprehensive guides on identify and avoid scam projects (https://bitcointalk.org/index.php?topic=5125435.0)

Try to invest some of your time reading the guides listed above to give you the gist of how these ICO works and be familiarize on some of the red flags that may arise during, before, and after their market sale. Take note that some of the ICO that appears during bear market could give you negative or less to none profits than participating during bullish season.

If you are not sure on what you invest, then do not invest. It is your money and no-one is going to cover your losses if it is found to be a scam. Whitepaper is just a document which helps you to get an idea on the project. But who knows whether it is true or not? Do not rely only on what they have published on their website and the whitepaper. Do Your Own Research. Check the capability, experience, previous involvements, trustworthiness, etc. of the people who backs this project. If you satisfy with that then go for it. Otherwise, just forget it and look for something else.  

Most likely you are talking about ICO or something similar like this. An altcoin could create by you as well, it's not a big fact. But you have to look if it has real use. A few altcoins gain market recently but that doesn't mean all are good. Many scammers around us and just skip with funds. Since you are a beginner, I will suggest avoiding invest in the worst project. Rather than invest in a few established altcoins which would give you a good return. ICO or pre-sale is a high risky game where you would lose everything.

I think it should be of a concern if you ask me, I think there should be names to the teams/organisers of the alt-coin/project and not only name a very comprehensive data bio of them also, so one can see their profile, experience, knowledge, previous success and failures.
Also hiding names sounds shady/fishy, I have heard of alt-coins manipulating there pre-sale to use it to advertise for their main sales, you have to search more on that project.

I think "liquidity date" means the day when they list their token on a DEX (decentralized exchange) which means from this date on the token is freely tradeable. I don't think it's the date when the Team Tokens get unlocked because that's usually wrote down in the vesting schedule and the tokenomics.

To enter a pre-sale you either have to be a VC with a lot of capital so you can make big investments which is needed to get into pre-sales or you are part of pre-sale groups like DuckDao in which you can invest into pre-sales even as a "normal" person.

If the token sale did not happen yet, then it is ok if there are still 95% of the coins in one wallet. In the whitepaper there should be a chapter where the token distribution is described. If they plan to hold more than 20% for themself than that is concerning in my opinion, usual shares for the team are between 10 and 20% and usually that tokens are also locked for at least 6 months but mostly for 1 year, so that the devs can't sell immediately after listing.

There are some projects that were successful even though they did not have a public team but for me personally i probably would not invest into such a project except is is a privacy project than it would make sense. So here you have to decide for yourself if this is a concern for you or not.

If you invest in projects where the team is doing an ICEO/IEO/IDO it is likely illegal and a money grab/scam. Even if it isn't a scam the team and investors will dump on you and bring the token price to 0. If you want to make it you need to invest in projects where the team doesn't control the token supply and there was no ICO, like RVN and 0xMR.

95% for the devs is such a big distribution for them. Does that mean that only 5% will be distributed for the investors? And these days, having a project without the name of the devs is sketchy. But people haven't thought of it before when satoshi made bitcoin.

And it's still unknown who satoshi is.

I understand that you don't want to name the project but it's also a good thing if you can name them so that we can check it.

Why are you bothering yourself about all of these shit altcoins,  I know you are a beginner so you might not know the good altcoin to invest in, the possibility of gaining and profiting from new altcoins is rare unless you do a research about the use case of the project, if would you like to participate in any presale, be sure to check and follow up with the teams behind them, the profile of the teams on linkedin and other social media.

that depends on the agreement that already stated before. The dev will able to sell their tokens if their tokens already fully unlocked.
The pre-sale can be discovered when you have become early supporters. I guess you must actively find a new information about new ico. It's not normal and the dev can dump it to the market and make it becomes useless token.
Anonymous team was a redflag if the project potentially to be a scam project.

1. You're talking about IDOs (they're just a fancy term, initial dex offering) so you want to stay informed on presales through starterpads... for BSC that would be Binance starter. They'll usually need you to have a certain amount of BNB to join presales. Same as for EOS, for example, you have to find EOS starter groups and find out from there.
2. Normally yes, it's a concern when no people are associated but the biggest defi projects now don't have known people or anon teams. It's a major concern for me but if you're willing to take defi risk, then actually having no team is very normal for these projects.

These are pretty common now with new projects on BSC ecosystem that don't have much information about the team, weak whitepaper, no used case and just a copy of wannabe meme coin in the market. This is alarming with these scam projects that's why it's better to check thoroughly before investing money on it and these types of tokens are just shilled and hype tokens. So, better stay away with that kind of project.

New projects are always risky and you have to be very careful. And when they don't have nobody listed on the site as the project's team, that is where it becomes even more risky. Imagine investing your money in something you don't even know who you're working with, who owns the project and whether they are good at it or not.

Sometimes the best way to tell if a project has a better chance of being successful in future is through the project team, so how exactly are you going to know this when you don't know the team? If the team of this project decides to abandon it tomorrow, you wouldn't know where to start looking for them because you don't know who they are. I will advise you to avoid that project.

Well, am just gonna give you a simple answer.
Based on what you wrote above, in my own personal view, I will advice you to be super careful with that project, from what you said, there are so many clues pointing to it likely being a scam, if not now, highly possible in the near future.
First, team holding over 95 percent of the token's total supply points to one thing, they probably want the token to pump so high due to little amount in circulation, ones it pumps, they will likely dump their bag on the market causing a huge crash, making good money for themselves and also exiting the project which also equals to exit scam.
Another red flag is the fact that team is not public, 95 percent of all projects that team is anonymous has turned scam, this is why I personally avoid projects that collect money for the development of their project meanwhile team is anonymous, cus sooner or later, this kind of projects always turn scam.

Are you aware that there are Crypto projects that impersonate someone to be a member of the team with the persons link to linkedin, how will you know such and indicate those ones, scammers are everywhere with smart behavior so it hard to figure then out, some can high sum of money for their Campaign and scam more than they spent, so the only way to win this situation is participating in an IEO presale done on reputable exchange like Binance and you will be sure of investing in the right project.

I don't trust project where a huge amount of the token is in the hands of the team, they may at anytime dump their huge shares in the market leaving the presale investors losing their money, and if they are going to do crowdfunding they should be more transparent by showing the people behind the project, it's ok if they are not going to ask money but not applicable if they are going to ask for money.

Are you newbie in crypto market?
Or you are old member in crypto but only invested in Bitcoin and now begin to have interests in Altcoins?

I guess your answer will be the first one that means you are totally newbie in crypto market.

First, speak of crypto market that is risky. Second, altcoins are more risky than Bitcoin. Third, new altcoins are extremely more risky than old and high-volumed old altcoins.

Developers can pull the rugs whenever they want. You can never detect their secret rugs. You can not code so you can not check their code.

A very famous example Chef Nomi Pulls the SUSHI Rug on SushiSwap LPs (https://defirate.com/sushiswap-rug-pull/)

If the team or devs are holding huge amount of their token. You should refrain from them because any time they can rug pull the community. Without transparency and honestly is most likely dangerous project.

Much better to buy the top altcoins because you are safer at the time of drastic decline or known as bearish market.

As I mentioned above though, OP is referring to IDOs, which are socalled defi coins.

99% anon or shilled by influencers and have zero product value other than just to earn more yield and more APYs on meaningless coins.

But if that's what he's after, then it's pointless to look for supply, distribution and team etc. What you want to see instead is vesting/locking periods. The only way to get tokens should be on the DEX LPs.

Avoid it for your own good. You have tried searching for it and you didn't get anything about it, so forget it about it unless you just want to take the risk, which I know for sure that you're 90% likely to lose in it.

There are already some trusted altcoins that you can invest in and still make profit. You should check out coins like Cardano, Polkadot, Uniswap, and lots of them, and invest. You're more like my to make profit from these and you're also safe since they are already well established coins and are on top the list, so you don't run the risk of losing your funds when you do.

But to be completely safe in the crypto world, I think it is very impossible because you will feel a loss or profit with what you have. If you say Bitcoin or any type of coin is the best at the moment it is very safe. that's not true for me. Everything you hold is at risk.

That's because the team owns most of the asset ownership. therefore for certain specific projects, they lock tokens for teams and development for a certain time.
however, the team and the market have a strong correlation to govern how their assets will develop in the market. A good team can certainly manage it all. because if everything was controlled by the market, I can't imagine how a project would lose its market immediately when its asset price fell so badly.

you have point there mate.. It always too good to be true, that why when investing in altcoins it's always a good idea to choose those trusted projects in the market., because mostly new projects cannot guarantee profits afterwards and instead of profits it can cause losses sometimes, so i can say that you are lucky if you can find legitimate even one when it comes new projects..because they're too difficult to determine.

New altocoins coming rapidly in our crypto arena. You get confused that how to choose some project for investment. I have seen many new project coming have gone scam. Very difficult to invest in new altocoins. For investors good to invest in coins which has occupied a place in market or if you can predict or know confidently about a new project then all is done.

They don't have control to whoever buys their coin, regardless of how good they govern their assets. A certain whale could just be followed by other people so that the price would be liked fully controlled already by them and it would just end up badly for those who are looking for opportunity to invest.

Yes, I also yesterday found several projects that ended up being scams, this is a little frustrating for me, it's better to choose a coin project that has been in the crypto market for a long time, it will minimize the possibility of a scam.

I stopped investing in projects where the devs or VC hold the majority of the supply and dump on investors to fund the project and give themselves profit. I only invest in fairly mineable projects with no pre-mine or dev wallet like RVN and 0xMR. That way I know I can't be rug-pulled and exit scams aren't possible.

Although this is a risky investment, but with a competent analysis of the project, it can be a very successful investment. A good project can generate substantial profits. Here, as they say, risk is a noble cause.

When I'm new somewhere, I won't believe new members or projects promise. Old projects are very promising and we can trust and invest there. You are a very new member and you can gather knowledge from the old altcoins. New projects always look promising because they need funds to develop where new investors get stuck..

several times I've encountered projects with anonymous teams (though not all) ended sadly, what's still hot these days is the Merlin project. his team is anonymous and later his team says it got an attack on their network so the price has really dropped, rugpull. many suspected it was just a trick of the team, I don't know... what is clear is that I am increasingly suspicious of projects that hide their team's identity.
if you want to invest in a new project, it is better to choose one with a clear team and real function. whatever it is we must be prepared to face the risk of loss, losing a lot of assets.
if there is not enough experience assessing new projects, we recommend choosing existing projects or top ranking in cmcm.

Investing with this kind of project needs a lots of time in assessing the full potential the team is offering, it's  a must that you know who are working behind the project before placing your investment. It builds good relationship between investors and developers if the team is open if they can reveal their identities then it's  agood sign that they are willing to take risk .

And it's right, if you don't have enough experienced better to use coins who already established their names, those assets that continue to progress.

If the dev team is anonymous, I advise you to avoid such a project from a distance. If the dev team has good intentions and they care about the success of the project, they should have no problem revealing their profiles on LinkedIn or at least in social media.
When it comes to holding large amounts - it depends if it's a coin or a token.
In the case of coin it is very dangerous and if the dev team has 95%, stay away.
In the case of tokens, this is normal, because tokens are usually used to collect funds for the development of the project. They are often sold in multiple stages over a long period of time.

if you want to another decentralized project just look at FreeTON project, it have decentralized concept like bitcoin did. Each Sub governance in freeton project have their own role and contribution for product developtment. Its really exciting if we see reall decentralized projects, every decision will taken consensus or by soft majority voting.

all of them have given you suggestions about new or upcoming project simulations to the OP,
but does the OP want profitability and seriousness of the developer or are you still unsure about the distribution pattern mentioned by the mentioned teams so they are reluctant to join, then the safe way is to join a project that is already running and safe as mentioned by forum members

Nowadays, there are a lot of projects arise in the market where most of them their total allocation for the campaign
are mostly Millions, Billions, trillions and quad trillions something like that, but if you're gonna compute it, the total usually
is small amount only just like what I discovered lately the allocation total token for the campaigns was Quad trillions but the
equivalent in $ was in between 200-300$ only for 6 campaign categories in which for me it was deceiving actually. So still
we need to make a research first at all cost.

So it's better to invest only when you have faith in the coin. If the dev is holding such a big amount you should wait and should not buy at the moment if you want to play say as I feel. As you are saying the whole project team is anonymous so you should wait and watch the coin that how it performs then only decide. If you really want to buy this coin so you should wait for the bull market because in the bull market most of the coins move due to the satoshi keeps gaining value. 

And remember not to check about their use case. Are they developing the use case? Because without indication that they are working on it, buying the coin is not a very good idea. Their presale target was very small amount. So I don't know what is the real intention of the dev team here? 10BNB is small that this will just be pocketed by the dev team. Just my impression here.