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.