[Is It Really Possible To Identify A Scam Project Right At The Beginning?]

We all know that Crypto industry is full of scammers l. But everytime they able to cheat newbies and sometimes more experienced ones as well.

Is It Really Possible To Identify A Scam Project Right At The Beginning?

Many projects launched on daily basis. Some are extremely successful while others are less. But many SCAM projects are being launched as well just to pull out money from the pocket of innocent people.

Recently a Scam project "DXSWAP.NET" did exactly the same.

They also run a bounty campaign on Bitcointalk forum tu prove their legitimacy and gain more attraction. But ran away right after the pre-sale ICO.

Bounty Thread:
https://bitcointalk.org/index.php?topic=5373220.0

They took heavy amount of money including my $200 in a false manner.

Proof:

[image height=400]

I am not much worried about my loss but I want to prevent others from being scammed.

So please share your experience on how to identify a scam project at or before ICO.