Ways to identify ICO scams

[Calabar]

Certain scam schemes related to ICO campaigns might use a duplication methodics.
A real case emerged.

Agrotechfarm ATF cannabis project is a classical scam( agrotechfarm.com)
Here is a typical example.

1. Hustlers  detect one of ongoing innovative projects (FIBONACCI.FARM) manufacturing home agro appliances for strawberry cultivation.
2. The scam artists pretending distributors/cutomers purchased several FIBONACCI appliances. Bingo, now they have real appliances presenting as they own technologies.
3. All content is illegaly taken from the corporate fibonacci.farm site. A classical copyright infringement case.
5. Then they create own ICO site (Agrotechfarm.com) presenting themselves as experienced agronomists who composed a unique agro solution for cannabis growing.
6. ATF official ICO-pre sale launched , transactions made and finally they are grabbing investors funds. Marks are robbed, funds are sent to offshore bank account located in Cyprus.
7. Desperate Hustlers are searching for the next attractive start-up to repeat a scam scheme again.
8. Again
9. And again.....

[Alex09012004]

It's not so easy to identify a scam project, but I guess you should not be tempted by big bonuses. The first thing i watch is always the team, their experience, results etc. Also you can search different analyzes of this project. It`s great if a project is added to different sites about ICOs and have been rated by experts. Also pay attention to its popularity. A project can be fine but if no one cares about it, then it will be much harder for this project to achieve great results.

[winfair]

Actually everybody he cant identify a scam project because ones I've been scam you can't identify totally if this project are scam or not,maybe you can try search who is the campaign manager and also I can check this campaign if legit or not.

[Rambukwelle]

Never give any value to an ICO based on it's concept or because of the nice face of it on the website. The Best thing is have a Research on the profiles of whole ICO Team. Their history is highly important. Than have a look what ICO Rating sites are thinking about the ICO. What are the opinions of the community is also highly important. Never be shy to ask the questions from the Team.