ICOs are a legit or Scam?

[Cianix]

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

See of course on kyc will projects on sites with ico ratings , if so it is already a much higher chance that the people in the project are not hidden , and so if you invest then study the project very carefully especially at this time !

[I31B1]

most of it are scam, with that being said, I think it's gonna be hard for you to find those legit ones (if there are any)

[tonibyuzen]

Every year it becomes more difficult to distinguish a promising project from a fraudulent one. Scammers have learned to fake ICO at a high level, so any investment becomes risky. I would advise to try to make a list of criteria for a successful ICO and use it as a guide when choosing a project.

[marjil]

To be honest even if an ICO is not a scam it does not mean you will do well to invest in it. Some ICOs, legit ones, have actually lost a lot of their value because their projects were a failure. You need to do your research - read the whitepaper, study the team, etc.

[daporivera]

In this present era of lots of scam ICO projects, they are still some legit ICO projects worthwhile for investment. But the question is how can you tell an ICO is legit.  In my own opinion, I would say you do an extensive research on the project, conduct a background check on the team, take a look at the roadmap, check on social media, what is been said about the project. You can also discuss with any person who is better at analyzing projects than you are.  Hopefully, you are able to find a legit ICO project this way. Doing the above doesn't guarantee you to find a legit ICO project, but atleast you loose nothing by trying.

[newbie0506]

To be honest even if an ICO is not a scam it does not mean you will do well to invest in it. Some ICOs, legit ones, have actually lost a lot of their value because their projects were a failure. You need to do your research - read the whitepaper, study the team, etc.

Those legit ICOs are having a hard time dealing with the bear market -- since they are already labeled by many as one of the scam ICOs. Enduring this is quite a pain, but I know some of them are still doing what they've promised even before this anemic market.

[billy.ryoko]

I think most for the ICO is the scam, they can launch the ICO and create the token easily, when the ICO is finished, they will take all the money and go away, so no one want to invest in the ICO now.

[Luke1]

I think most for the ICO is the scam, they can launch the ICO and create the token easily, when the ICO is finished, they will take all the money and go away, so no one want to invest in the ICO now.

90% of ICO for right now is Scam. Some even does the Scam Exit, like letting the Coin has no market at all. FOr example Bitconnect before had been listed on many exchangers. But then now, it is inactive and delisted from all its exchangers

[canaveralnonie]

Guys check this link if this is legit or not. : https://adabsolutions.com/

I think, this is a legit ICO and crypto project. All details you need to see is on their website and has a high rating in different kind of crypto rating site. If you want to know more, kindly click my signature below.

[jakezyrus]

I think most for the ICO is the scam, they can launch the ICO and create the token easily, when the ICO is finished, they will take all the money and go away, so no one want to invest in the ICO now.

90% of ICO for right now is Scam. Some even does the Scam Exit, like letting the Coin has no market at all. FOr example Bitconnect before had been listed on many exchangers. But then now, it is inactive and delisted from all its exchangers

Maybe bitconect is only a pump and dump coin , now de list it because people already got what they want .  some they know their lesson and they wont invest on it again but other ico's dont work this way  .  few have remain for a verry long time even if they didnt get enough demand fro the public  .

[Tervelatuk]

I think most for the ICO is the scam, they can launch the ICO and create the token easily, when the ICO is finished, they will take all the money and go away, so no one want to invest in the ICO now.

90% of ICO for right now is Scam. Some even does the Scam Exit, like letting the Coin has no market at all. FOr example Bitconnect before had been listed on many exchangers. But then now, it is inactive and delisted from all its exchangers

Maybe bitconect is only a pump and dump coin , now de list it because people already got what they want .  some they know their lesson and they wont invest on it again but other ico's dont work this way  .  few have remain for a verry long time even if they didnt get enough demand fro the public  .

it just ponzi scheme.and bitconnect case could be our experience to avoid the same kind of projects.maybe choosing projects that based on technology developtment such blockchain developtment could be better than projects based on lending.

[pungopete468]

In 2018 And earlier this year the bad trend of ico was still very large. where so many projecks are still a scam. this is a big problem in the cryptocurrency market today
Bitcoin added itself also experienced a very deep decline in 1 this year

[Krassows]

Indeed, today there are many ico who are scam, and you have to be good at analyzing ico which has good potential until you choose the wrong one when you will invest in ico, learning with more experienced people will be good so you can absorb the knowledge, don't hesitate to learn and ask with people who are more expert so that you do not misstep

[DainSLane]

Still many ICOs are legit and giving a huge of profit from their investors but there are also a scam ICOs that would stoling your money so better research it first before you making an investment in different ICOs because still very risky at any moment.

[paulk11087]

unfortunately scam the majority of projects on the market. It was very difficult to prevent them. Although some projects seem to be successful at first, they unfortunately become absurd.

[Felic43]

Unfortunately 99 percent of this icos are scam project all what we are promoting is scam they have nothing to offer.