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Author Topic: Scam ICO  (Read 217 times)
Crypto1989
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January 23, 2018, 08:17:02 PM
 #21

How to distinguish a Good ICO from a Bad ICO?
Read some ANN and most them are quite convincing

Read the whitepaper, check each member of the team and research the market they are trying to enter/create. 
housebtc
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January 23, 2018, 08:17:26 PM
 #22

Any project with no visible developer behind it is mostly like be a scam, even you need to verify their status if what they call themselves is true, also if the ICO bonus is ridiculously high like 100% bonus they are just looking to run away with your fund
mworld12
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January 24, 2018, 02:57:46 AM
 #23

How to distinguish a Good ICO from a Bad ICO?
Read some ANN and most them are quite convincing
I think you need to see these things to distinguish  a Good ICO from a Bad ICO:-

1-TEAM Composition

2-Bitcointalk.org Social Media Thread

3-Venture Capital Investments and Roadmap

4-Social Media Community

5-Whitepaper Evaluation

6-Quality of the Programming Code – GitHub
Twinkledoe
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January 24, 2018, 03:23:49 AM
Last edit: January 26, 2018, 04:37:41 AM by Twinkledoe
 #24

If you want to tell the authentic ones from the scams, your best bet is to evaluate the team. If they are a bunch of never-heard-of nobodies forget about it, but if they are remarkable you might find the project minimally convincing.

Then you can evaluate the project itself, if their goals are realistic and achievable, if they are raising a proper amount and distributing the tokens fair, etc...

Right. And more reading about the project. Check also for opinions/blogs. Sometimes they help to assess the true nature of the project. But evaluate also if they are legit or just hyping them.
cryptonandi
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March 13, 2018, 05:22:47 PM
 #25

How to know what I am reading in the whitepapaer and the reviews from youtube they are authentic and genuine and not another level of scam. Davor's ceo broke all my trust....Is there any trust seal or badge with ICO that says yeah they are genuine.
Nagricoin
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March 13, 2018, 06:09:40 PM
 #26

Search at this forum - you can find many tips - how to recognize scam.
But - ICO has a lot of risks.
But more risks - more money.

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cryptonandi
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March 14, 2018, 06:43:20 PM
 #27

Search at this forum - you can find many tips - how to recognize scam.
But - ICO has a lot of risks.
But more risks - more money.

Yeah already tasted scam, learnt my lesson. Now will taste money! Smiley
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