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Author Topic: How to avoid ICO scam.  (Read 23595 times)
ringgo96
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February 15, 2019, 11:55:36 AM
 #241

Now it is very difficult to distinguish which is really authentic or fictional ico because the absence of an institution that gives permission to make ico makes investors become a little confused and anxious about the amount of ico currently available

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gwaposakon
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February 15, 2019, 11:56:42 AM
 #242

Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.

The more you learn about the project the more you can avoid scams. I think every investor should take time knowing everything about the ICO so to eliminate the possibility of joining a scam project. Scammers are getting better in deceiving people of their money so it is important to be wise.
umar22pk
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February 15, 2019, 12:20:56 PM
 #243

To avoid scam ICO you should have enough knowledge of ICO & you have to study deeply the project before choosing any campaigns.
If you choose project carefully then obviously you will choose a good project & will be a legit project.
funnec
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February 15, 2019, 12:26:38 PM
 #244

There is no better way than to make proper research about the project,team,dev,advisors and also get feedback from the community,that will be alot of help selecting ICO.
Bunsomjelican
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February 15, 2019, 12:41:06 PM
 #245

Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.

It is still hard to trace or determine on which ico project are the legit one. But there are only few things that we need to consider for us to find out if the project has a potential or not. First, check the usages of the utility token they have, also the whitepaper, and of course the team and the owner's background of the project too. Then, lastly the allocation for the project especially for the bounty too.
Starfranko
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February 15, 2019, 12:54:28 PM
 #246

While avoiding falling for scam projects is a near impossibility we can reduce the cases of scam by doing diligence on projects before buying into them. Read their whitepaper get to know who are behind the project whether they have antecedents with that one should know what project to invest in SBD the ones to totally avoid
Alohadanc3
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February 15, 2019, 07:35:54 PM
 #247

In last few ml this we saw many scam project around this crypto market. Most of them just collect the money from general people and investors and disappeared. And many people , mainly the new one stuck in this scam project. The best thing  to avoid scam is knowledge. Stop investing going and first take some knowledge about this market, know how to research on icos and then do your on research then go for investment. That is the only way to avoid this type of scam.

nikola22
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February 15, 2019, 07:53:37 PM
 #248

first of all ICO project has to reveal information about people who stand behind it. if it denies to do so you can conclude that it's a scam.

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fathur01
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February 15, 2019, 11:01:13 PM
 #249

The best option is not to invest in ICO, then you can definitely avoid ICO fraud. There are no new ways to get away from fraudulent ICOS, you can still stumble across scams.
Seth2009
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February 16, 2019, 12:07:25 PM
 #250

Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
A lot of teams nowadays intend to start ico projects because of those people who are newbies in terms of cryptocurrency.. They abuse the lack of knowledge of the people who are joining them... Thats why we should be vigilant in choosing ico projects  we want to invest with... Try to search with the dev team members identity... If they are really using their true identity and not just copied from others background... Look for the project or platform itself.. If its possible to achieve success or just an impossible to do so... Look for its roadmap if they following it... And mostly see if the project is reall realistic to happen

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pemantaubtt
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February 16, 2019, 12:41:01 PM
 #251

Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.
the original ICO team always dared to appear in an event and also they dared to do KYC, but not only that they also had to have experience in the business field that would help investors be more confident that the ico was not a scam.

MendozaCharles
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February 16, 2019, 03:04:08 PM
 #252

I am very simple in choosing ICO, It is best to learn the ICO listed and evaluated at ICOdrop. I have not seen any ICO fail when it is listed there

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