Bitcoin Forum

If there is a SCAM project, what contents do you expect from its social media accounts and bitcointalk thread?

The scams projects are hard to understand. There has been an application software which has invented to detect scams. You can search it on google to get more informations. I hope it would be able to meet up our expectations.

if there is a scam project, I will tell everyone, so do not be fooled, because project scam is very dangerous and harm everyone, we must dare to prevent fraud

It's getting harder and harder to spot a scam. The best way to be secure is invest in only those ICO which your are in full confident of.
Though less worked scam can easily spotted verifying their team member, affiliation, location and work. But high profile scammer can reach anywhere and will convince even the president to talk for them.

Anonymous developer, the developer doesn't have a lot of track or at least linkedin account to prove of he is a real human. The bitcoin talk thread was using self-moderated to prevent someone that will be posted the truth about that scam project to be deleted by the scammer that created the thread.

I think to avoid scam ICO projects you have to do a due diligent search about the project to ascertain the authenticity of the project concept. Make sure you know the project team you are dealing with. They are real people or fake people? Check them using social media accounts to know their past experience. Can they deliver?
Do as many more research work as possible through the project whitepaper. Thanks

I just suggest you to ask people who knows more how to identify a scam or not and learn how to identify them.

what contents do you expect from its social media accounts and bitcointalk thread?
Anonymous developer, the developer doesn't have a lot of track or at least linkedin account to prove of he is a real human. The bitcoin talk thread was using self-moderated

Most of the scam projects are define by developing team and road map because if you looking to good projects only so some worst projects are not succeed in the market. These are all automatically failed in the future they called scam projects so peoples are only invested in reputed project but beginners are wrongly choose the useless project it is the exact scenario of Scam. I think current generation everyone is aware in the Crypto investment.

May be seen from his team. Must have a good Advisor.
we can see the Advisor on the Icobench rating website, I usually choose ico with advisor who has been successful with some ICO. although that can not be a benchmark, stay cautious.

The main thing to do first is a google reverse image search on it's team members, and also run a whois.com report on the domain. I did this for Upfinex and discovered that the domain was registered by the same person (or fake identity) who started BeonBox, which I confirmed as a scam. They were very careful but I was able to find one team member on google reverse image search who was actually some Russian guy completely unrelated to the project. But some red flags to look for: promises of specific exchange listings in the future right there on the website, project described in broad terms that seem very familiar (copying the idea of another project), team members with no linkedin pages and supposed advisors who don't even mention the project on their linkedin page, github repository that really just contains updates to the website and only has one contributor, white paper with excerpts that are plagiarized from other projects, reddit posts where there are always 10-15 responses worded in the same way, etc.

By to publications in social networks it is difficult to understand whether it is a scam or not. The sign of fraud in the thread on the BTT, except for self-moderation, there can be a lot of enthusiastic reviews about the project.

Whether ico project that has bad ratings and reviews can be suspected as a scam project? I've been following a bounty that was done for several months. It's a very long time. And finally the project was scam and failed to list on the exchange.

I'm very annoyed for very long work on projects that cheat many people and finally we are not paid.

I think for me. This is one of the most important thing to know before involving yourself in crypto. This place is very dangerous for beginners and newbies. Everyone should be cautious and extra safe when dealing in any transaction especially airdrops, icos etc.

Scam ICO projects are inevitable to join to since they have deceiving and yet looks like a promising ICO after all but these projects needs to be banned from future transactions and the developers must be in chains/prison as frauds.

Well, that's probably too good a promise. There are also a lot of empty words, the lack of a concept, as well as the obscurity of the ICO creators.

Being also a new on this business, for me it is hard to detect and identify a business project that forms of scams, and as far as I've known that even those people who works here for how many years are sometimes victims of scammers. Hopefully crypto management can find a way to avoid and eliminate scammers in order to provide the total good reputation on cryptocurrency business. Because many people afraid to join crypto business because of scammers.

Here try to read this thread

https://bitcointalk.org/index.php?topic=3534750.0

If the project dont comply on what is that topic tells so its a scam project and be. Aware of whats waiting for you about that one.so better get rid of those ico and find good one using that thread

After invention of internet many fraud and scam are created same case in crypto market because it is fully online based market so many scam are available and they are using people and they stole their valuable money so we should aware of it so that we can invest in proper place.

Nowadays scams are everywhere so we have to be aware about scams. People giving many kind of contents in social media it should be good or bad, bitcoin thread is also there to give contents. First thing we have to do is try to save our projects from scams.

Everyday have new contest and many project was scam, we have take learn to be carefully when participated on ico project. Be carefull when you want joined an ICO and you have check first how much their token was sold out to the public ? I was less faith if an ICO less sold of their token although have run more than a month, try to participated at an ICO was sold and reached soft cap.

of course all negative comment can be seen in thier thread even in thier social media page . Like what happen to other project that confirm a scam project.

After inventions there is lots of fraud in the market also there is lots of scam in the market which is make people so damaged and it cause of many losses based on this to avoid scam we should aware of this and we should investigate before invest money in coins.

That's true reading feedback from other users about the project. But for me the project that looks good legit is that they all have the information about the project and one thing that I look on a project is their timeline and what do we expect as the time pass by.

On it's bitcointalk ANN thread, they're putting it to a self-moderated thread.

And with their social media account, they are vanishing their account on it so that no one could contact them.

But this cryptocurrency world should be anonymous. All people should not know each other. But as developer is very important to show the track to potential customers so we can know the experience of the developer. Like above said, we need to avoid scam and make sure the developer is human and also have great experience

We will see in the comments of their ANN THREAD if it's totally scam project. And many members are showing the evidence that it a scam.

I think it is not expected to have any info regarding any scam projects. Rather you will not get sufficient info regarding the scam. Whether the white paper or in social media, they will provide a few information.

Yeah always dyor before investing.We need more security projects .Check LevelNet. It an innovative system for providing cyber security, comes to help solve these problems and will be big in the future

Its hard to identify if the ico is scam specialy if you dont make a research about the project you join, its better to check their website and telegram twitter or other information about the project, some if there is no information its a big posible that this project is scam.

Scammers are very easily expected. Because they can't reveal their identities. And it is very easy to identify the fraudster on the team. These are either non-existent people or people who will be denied the (real) communion with the project.

the people behind the scam project are getting smarter everyday. they will always find a way to succeed scamming others. it getting hard to know if it a legit or scam. thoroughly researching can help you find a scam project but not all the times.

Few ways to reduce chance of being scam:

1.) Never send your money to anyone who PM via telegram
2.) Never join in ICO that based on hypes- advertisement on CMC and other crypto related website are the first projects to avoid, trust me it based on experience
3.) Identify good ICO by joining their community and see if its full of tech savvy guys or pure moon boys, moon boys will sell off after ICO and move to another projects, IAN B* is a big red flag if you ask me

Certainly there can be some tell-tale sign such as using fake profile for any member of the team behind the project. Some are copying their Whitepaper from other projects and the site can be unprofessionally looking. However, there are also very good projects which got no major tell-tale signs but eventually collapsed later because the people behind just left to nowhere with the money of the investor or token buyers. The best thing to do is to limit one's exposure to doubtful projects and to spread one's basket with well-reviewed and well-received projects...though this can be easier said than done, of course.

Many ICOs are highlighting their huge community - what might be the reason for it:

https://medium.com/alethena/this-is-why-social-media-indicators-have-no-business-in-ico-ratings-96eb67c2f8c9

of course I will spread to social media that the project is a scam and hopefully no more victims next

Nowadays many of the scams they invest in are very sophisticated, they may choose and work as a real and potential ICO project, some new investors can not detect them, and also a Old investors are also vulnerable to mistakes.

Nowadays, scam project is getting harder and harder to detect, because this projects look so decent in their website, campaign materials and etc. I encountered a lot of projects which are so decent, some of which are, developers and the team are keep on interacting in their channel., and keep on updating., later on after the ICO, the website just gone. So for me, when some of my bounty hunters detected some scam project, we immediately inform our group of bounty hunters in order to scatter the information to our social media channels, in order that the investors would be aware on that project and not be tempted to invest.

Study their team, look into their past experience. That's the easiest and fastest way to tell whether a project is a scam or not. Don't even consider investing in coins with anonymous teams. Extensive research is always welcome, but in 90% of the cases, you'll be able to tell from the get go whether it's gonna be a scam or not.

If i would notice theres a scam involved i will let everyone of course tell so that everyone aware of what they are doing. It is hard to identify projects that are scams they replica all the details and forms of an new ico project. Better be aware and read all informations before participating.

Scammers have now learned how to behave like normal projects, to determine their need to analyze technical documentation and the team, rather than social networks.

But many ICOs posted in bitcointalk are scam, doing a lot of research does not give you the assurance that this ICO will not deceive people because even the visible ICO looks legit turned into a fraud. Doing research will only reduce the risk of getting involved with these scams, so you need to be careful and vigilant.

Now many of the projects which hold the ICO fail, so even these projects I'm starting to equate to fraud. It is difficult to distinguish a good ICO from a fraud, but I think that the main ways are to view the website (many scammers copy the page from the websites of previously held ICO of other projects). You should also read the white sheet carefully.

Most of the time I check the open source code for this project, which is the first point, if the project has been developed for a long time, then it is trustworthy.
Secondly, I will refer to the popularity of this project, telegram group. If there is no popularity, I will be cautious.

It is hard to tell if a bounty is a scam or not. It is still a real project after all. The only thing is that the team, or the manager will not pay the participants. Scams are quite impossible to be determine through facebook or twitter account neither its ANN and bounty thread. Those page or thread will be showed in public so they will not let that the public will notice that the project is a scam through this. Probably they will put different attractive things like its big allocation.

Detecting scam is way to hard. We are advised to research thoroughly but with in the contents if the project you can't find flaws which you could determine whether it is scam or not. I think or common way is to know the people involve in the project.

I would look at github for code and them development of the code. Also take a close look at the team and their social media profiles.  It is really hard to tell from social media posts

It's unlikely that we can prevent fraud in our power, but we need to keep track of the main points of the companies - a white sheet, a team that offers the project!

I think that we should alert others when we spot an scam, we should be trying to protect each other instead of just doing nothing. Some scams are well hidden.

Well in the past months or year It's easier to spot a scam projects by just looking at their social medias, presentation of whitepaper, website design and anonymity of the members you can easily spot them however today you will hardly recognize that the project is a scam since most of the scammers today are improving and upgrading.

As you can see their presentation improves, whitepapers, etc. they also make a fake pictures and linkedin accounts in order to make their "project" legit so you can't really tell nowadays that the project is legit, just be ready on what happens when you invest into ICO's.

I think to reduce the rate of being scammed, it is better to do a deep research about a project and be sure of the developer and management team and heir reputation before you decide to join or invest in it. It is sometime not hard to identify a scam project and if anyone knows about one, it is better to inform others about it by spreading the news on the forum.

Join Scam project is stupid decisions but the problem is no one knows which one is scam and how to see it?. I already do some research depend people opinion and mine, sometimes I win and some times I got fail to detected. For scam problem, just follow your instinct and always share with other to stay away from there. 

Usually if the ICO is a SCAM, definitely the project is also SCAM. So I see from its ICO. If there is something wrong like fake team, or something, just leave it. Also I will tell other that this ICO is SCAM.

I think it would be very difficult to detect a scams project when they started them. They are almost discovered when the project is almost over and there are indications that the project will not continue and the bonus will not be paid to bounty hunters. In addition, unreliable and uninspired staff is also a sign that you are aware of a scams project.

The question is not quite clearly formulated. But the following red flags don't inspire confidence in bitcointalk.
1. Self-moderation post.
2. The author doesn't answer questions, just created a topic and no one represents the position of the developers.
In social networks, comments on the fraudulent project appear already post factum.

We can just take care of our self from scam projects, we can't stop them to scam people, as long as still many people who less in awareness, scammer will always be there.
So, keep safe.

Of course, if someone has the opportunity to learn about the fraudulent actions of someone, then We are obliged to communicate this to each other. But the problem is that it is very difficult to identify a fraudster.

There is nothing hard to understand there! If the team does not look like one that can deliver, then stay out. If there is no product and all they give you is an empty promise, then zoom off. If they cannot just answer simple technical question on their ANN thread and they keep blabbing nonsense, then run with a lightening speed. You do not need the social media to identify scam, these few things alone would be enough for you to make the right decision.

Obviously, there is absolutely no way we can stop them from popping up but if the awareness is created as to how this can be avoided and a lot of people follow these rules, I can bet the scammers will eventually get frustrated and move out of the space gradually. It is just unfortunate that a lot of people are too lazy to make some diggings and research on that which is important to deduce the possibility of being in a scam project or not, such as the availability of product and majorly the team.

Scammers are everywhere, not just in crypto currencies. They will always take the opportunity when there are people gullible enough to believe too good to be true stories. There are giveaways of free money that are too much and most of the dev team will be anonymous. You may also refer to the community in discord if ever they have one. Do your own extensive research and verify thru the threads here in this forum.

Fraudsters are always the easiest to identify as long as you are smart but the thing is that a lot of people are so gullible to know what to identify and what not to bother about. These days, you still see a lot of people placing much focus on a whitepaper that can be cloned and an idea that can easily be copied and create a website for.

But, all those are face deception as the product cannot be cloned as no fraudster will go through the pain of creating a product that would bring in huge demand for the coin, and want to jeopardize that for scam. Also, even if product can even be cloned, team cannot be cloned, and any team trying to hide identity, should raise some red flag.

Most of ICOs today are suspicious. They are just copying the concept of previous projects and only aim to raise a big amount from investors.  After achieving it, they suddenly lack the interest in carrying out the roadmap of their project while some just vanished like smoke. As for me, it is practical to trade than to invest in ICOs these days.

Scam projects or ICO's is quite difficult to determine because some of the scammers are trying to hide everything whn they make a scam project. They do everything to make realistic project tha you didn't expect to be faked because of all the things that a project created is looks like real. So it is better to understand what is the real/legit projects or bounty campaign or even ICO's for us to avoid scam and prevent scammers.

If there is a scam project, i think it will be detected early because there are almost a million of us here that are observing new ICOs and besides there are also expert here in this forum that don't allow scam ICO to grow. As for myself, if i detect a possible scam then i would report this to the administrator of this forum.

You have to look out for review of the projects. There are people who expertly analyse projects and with the information they provide on ICOs you can rule for yourself if a project is a scam or not.

To avoid joining ICO scam projects, you should consult with your friends or others on the social group that you are involved with regarding cryptocurrencies. Usually, ICO scam projects often do not achieve soft cap or hard cap, they will delay or cancel the time to distribute Token. So be alert and learn about the ICO campaign before joining.

Most scam projects are indeed hard to dictate. Well, most times from their community you will be able to know if they have anything to offer or not. In this crypto space, one ought to be careful

It would be hard only if you do not know exactly what to do. Social media pages like the OP said is one of the last things you really want to be looking at to judge the authenticity of a project but the team and the product and if you cannot get those answered, then it is best to just avoid such a project like a plague that it is.

A lot of people gamble their investment by judging based on things that are irrelevant instead of focusing on the things that are completely different criteria based.

Even finding out scams in early stage itself will be hard, we may diversify our efforts so that we may not get full disappointments for the entire time period. I mean if you have signature/twitter/telegram/translation bounty skills and set-up then do not work on same project with all these skills. Work for one project with one skill-set. Telegram/twitter will allow participating multiple campaigns where as signature will not and translation is a time consuming one hence need to choose the right one very carefully.

Having a professional rating agency like Alethena (https://www.alethena.com) doing a fully-fledged due diligence of a project will help to reduce the probability to invest in a scam almost to zero. A successful scam needs always to be profitable for the scammers in economical terms. Therefore, having a proper due diligence methodology will increase the costs for a successful scam as high that scamming won't be profitable anymore.

They usually share wrong news or numbers.When a person who has experience in scams , easily understand scam project.But , in these days very hard because people use social media or etc platforms use very good.

Asides here, there are so many resources online that can easily help one to stay away and avoid certain ICOs. Only if investors can at least know what to do by themselves by checking out the team and product, then the number of scam ICOs would have reduced a long time ago.

Ask some team questions on their ANN thread as pathetic as what makes their product different from others and they will be busy blabbing rubbish. Is that a project anyone wants to invest in ? However, they know already that there are some gullible people who would just look at the surface and invest, but that is their choice.

Scam in this market is increasing and increasing. It's too hard to detect a project that is scam.
They waste not only your money but also your time.
I myself was decieved once and loss a large amount, from that time i never invested in ICO again :((

it is really hard to understand such projects as your friends said. But most scam projects stop using social media accounts actively. Maybe you can understand from here

From posts in social networks it is very difficult to understand that the project is a scam. But if you read the telegrams of this company, or read the topic on the bitcointalk, you may be able to understand that this is a scam.

when I realized that I was in a fraud project I always asked the bounty manager about the continuation of the project, so my suspicions had a solid foundation. after that i will tell everyone. especially bounty hunters and even investors not to be fooled into the project

There are projects that until they show that they SCAM will not guess!) And there are projects that look like SCAM, but are successfully working with great potential!

Not difficult if you really want to. The problem is that a lot of people are just too lazy to read and as long as that is applicable, they will never find solution. Reading through this thread, I have seen a lot of information given out to help those who would want to at least identify scam ICOs.

Still, you get to see people posting this after the whole information given, probably because they are just increasing post count or because they are not just ready to know anything at all. Scams are the easiest to identify if you are willing to dig up the right criteria and can scrutinize the project well.

as a bounty hunter we have to share information about projects that turned out to be fake, because we here also do not want to be a victim, at least the way you do is very helpful for other members

it is very hard to find some objective opinion, almost all reviews backed up $ by ico starters.

It's hard to notice. Detailed research is needed to identify scam projects.
I use the most team members for this. If the project is scam, the team members are very uncertain.

yes it is very important to be aware of scams because if you are scamed for that period the whole you be doing is in vain but the issue is how do we identify project that is scam or to know a scamer.

Oh come on, if project is a scam - the info about it would be all over the Internet. There are no specific signs on projects` social media about that.

Scams are everywhere, and its getting harder to spot one. Usually, the signs I notice from potential scams are that they do not have verifiable team members and advisors. Either they d not have LinkedIn profiles or their profile is very new. They also do not have working product, no location. Most times, they deliberately make their whitepaper too technical for the average investor to understand.

You are actually saying the truth because you just end up finding out that no one is coming up with anything unique and it is becoming a clone or repetition of something that is already happening, lol. At the same time, having more than one project for similar industry will not harm anyone as long as they are not turning a scam.

We also have to understand that majority of it is based on the team and there is room for almost everyone as long as the team is ready to develop the product they have and introduce new features to it. Not every project is going to succeed, but based on the team activity and perseverance to make their project a success, it could make them stand strong.

nothing to expect, investing is crypto is really risky and we have to know it before we invest.
Mostly we can't do nothing if we get scammed, so just let it go and move on.

when projects are a scam they usually don't provide proper dates for their upcoming events and their team is made up of wierd creators without a good proper background and they usually manipulate their talks page to make sure they look legit

Scams is everywhere in cryptocurrency. Being aware is one of the most important thing on investment. Sometimes scams is really hard to detect. All you need to do is to look for the persons who are involve in the project. If you find out that they don't exist or suspicious then don't invest on it.

Yes I believe as days goes by it is definitely getting hard to detect a scam project. I too was a victim of a scam project as well. I never even have a slight thought that the project was a scam after all. Everything was so good and was running smoothly. Then after the project the people behind things just vanished. Turns out those people were using fake accounts and fake pictures.

Be very careful when looking at reviews though because most of them are paid reviews and most of those doing those review usually do not care about you even if they know the information they are dishing out is false as long as they have been paid for it. It is the world we are living in, where some people will have to think about themselves first without taking a look at the community or those around them. The best is just to know how to do some due diligence on your own so you do not get caught up in a scam project. One another way must be not depending on only project but participating into multiple bounties also will help anyone not to get disappointments.

well, because of the large number of ICOs, and so many successful ICOs to date, attracted many people to invest. of course there are a lot of scammers out there, and they are making use of the ICO line to make a profit for themselves. well, so we must be smart, and have enough information before investing. it's all to avoid scammers

Bitcointalk best place to find scam project because before investing or after investing if you find anything fishy go to scam section in bitcointalk thread you will definitely get experts opinion for sure . If it is real scam it will definitely helps you to early exit. Another very much helpful source is telegram .

Exactly most of the ico review site are scam . Based previous experience I can prove that even I stand with my word because you can check tokenpay social media how they got offers from these scam sites offering high ranks . First think tokenpay betrayed community seconed these worst review sites asking money to give good reviews . I lost all faiths in these ico review sites.

Now it's getting harder and harder to determine whether the project is a scam. This is due to the fact that bounty hunters have become smarter and see the mistakes of scammers.

Scams target people in different walks of life. It is hard to distinguish scam projects because they are taking advantage of new technology and offers return that hard to resist. They look like the real thing and scammers are more smarter by creating commodities that convince of shelling out money or personal details. Always take time to do research and confirmations.

you won't be probably able to tell based on the content on social media. You need to dig in the team and see if there are real people behind it who are genuine

No research will help you. Scammers are constantly changing schemes and improve methods of deception. If the project immediately offers a huge income is a primitive scheme which is aimed at very greedy people. But the project can work for several years and after will collect a large amount of money will disappear. Can you predict that?

Yes, it is always written boldly on the wall when a project is a scam and when a project is a great one. You have said it all, and most especially for me, I focus more on the team first as with that alone, you can quickly deduce all you need to know about the project authenticity and prospect before even deciding to go through all the technicalities which sometimes can be boring.

Give me a good team and a good product to invest in, and that is all that it takes. If those things are not available then staying away from ICO contribution and bounty participation is highly recommended. Instead of wasting our resources with random projects, just staying away and watching for a complete package must be a wise idea to be followed by all the crypto hunters.

Actually that is the thing that I want to disseminate because there are lots of scammers in the cryptocurrency and keeping informing them can prevent that thing may happen to other people specially for newbies.

It is difficult for you to decide whether they are scam or real before a project is successful. There are some projects they may not be scam at the beginning, but later ico did not succeed and was considered as “scam” .

If in the first I already knew that there was a project intended to scam people then I will tell everyone about that thing so that they will become more aware of what they are doing.

Most scam projects are indeed hard to dictate. Well, most times from their community you will be able to know if they have anything to offer or not. In this crypto space, one ought to be careful

We from Alethena try to help you with insightful reports about projects including post-ICO tracking (yes, we just started being operational). Our report provides you with an indication about the risk to invest in the respective project. All feedback is very welcome! https://mvp.alethena.com

In order to begin analyzing projects in some way, you need to learn how to check these projects, each person does it according to their scenario, but we need to create a single standard that would identify these bad people.

The number of scam projects makes us have to always be vigilant, even they look real and convincing, there have been many stories of users who have been affected by scams and even I have been hit with scams several times, the most important thing is to always think positively and take lessons.

Maybe you will see the first time from ANN thread.
Because in this forum we can see ready to trade fraudulently it will get RedTrust.
And there is always an advertisement that the ICO is a SCAM.

everyone is professional now. this is the technology of the future called blockchain and cryptocurrency market will come across a lot. because everyone can do what they want. however, if team and project information is investigated in detail on social media, you can achieve this. you have to believe in the truth and honesty of team members. you should chat with the team about the project. do not invest in projects that you think are risky.

aware of SCAM fraud from this type of scheme, This includes fraud, because this recruitment scheme cannot last forever. There are times when recruitment will be saturated and new members at the base of the pyramid will lose all their investments. The sample is easy from multi-level marketing guise companies that sell expensive products without obvious benefits.

that information is probably the way to know if the project is indeed a scam and there have been many people who knew it. but for the bounty hunter and investors certainly had a special way of ico for knowing a good project ico. as in the composition of the team of experts, and the concept is applied. the most prominent is the concept that isn't likely to happen. It is most easy project indicates a scam or not. start now invest only in projects that already have a product that's very convincing.

I think these mediums alone are enough to detect scam projects. You explore further by going through their website and whitepaper. Check for plagiarism and perform a thorough background check on the team members. You also run a test on their domains and also joining their groups.

It is very easy to detect scam project. You just need to look at team participants more closely. Research their social network accounts, contact them. A big plus, or not just big, a HUGE plus if ico has its own established office, so you can visit team and talk to them personally.

If you have a doubts in a projects you can research the team name's in social media's or Google to make sure the team who handled the project is legit not copy paste,and you can also check the scam accusation thread on Bitcointalk because that thread is very helpful many scam projects there are reported and you can check if the project you participate is scam or legit.

now it is increasingly difficult to detect ICO projects categorized as fraud / scams. if you are looking for an ICO project through the bitcointalk platform, the first best way is to choose a trustworthy bounty manager. but this is not enough, you have to look carefully at the crew behind the project, understand the roadmap and whitepaper offered. social media can also be a consideration, what content they share, if there is no update, it should be wary of. and most importantly if you have found an ICO project that is suspected of being a fraud/scams, it's great if you report it to the moderator in the forum or give a warning in the thread. stay cautious and good luck!