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Author Topic: How to find out a legit ICO?  (Read 2334 times)
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January 12, 2017, 08:34:54 PM
 #1

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?


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January 12, 2017, 08:49:17 PM
 #2

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

You can't. Which is why ICOs are worse than gambling.

RIP Bittrex
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January 12, 2017, 09:00:27 PM
 #3

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

Like the other guy stated, we can't since we didn't know what will be the final phase of the project. But there are factors we can check to minimize our worries and the associated risk which some are; having an  active devs, funds being escrowed and continous development.

Investing in ICO is really a risky investment but if we will take the brighter side of the picture it will be profitable. So it's really worth to try than to try other risky investment out there.

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January 12, 2017, 09:47:58 PM
 #4

Buy ICO coins.. if you profit then it's legit otherwise it's a scam.
It has nothing to do with how they work so don't pay any attention to that FUD.

FUD first & ask questions later™
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January 12, 2017, 10:53:29 PM
 #5

You can have an assurance that an ICO will be legit enough. It is like or even more than gambling just like what bathrobehero said. Just look at their road map if they are planning to make their coin for a long term use then go for it. Read their ANN thread and together read the people's comment , that is important.

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January 13, 2017, 01:51:48 AM
 #6

You can check http://icocountdown.com and http://coininterview.com

https://www.youtube.com/channel/UCOu5mkF_NczLQzICINvzr9w

The first is a website that shows all ICO's and does due diligence, the second is an interview site where we interview the developers.

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January 13, 2017, 06:20:02 AM
 #7

You can always wait until it hit a major exchange.
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January 13, 2017, 08:37:59 AM
 #8

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?
when you ask the developers for information about themselves or the project and they won't be open, that is a sign of a scam
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January 13, 2017, 08:59:29 AM
 #9

The first thing to do is are the faces of the developers visible and what is their antecedent in crypto space
Second, how visible is the technology or idea they are proposing
Third, A trusted Escrow must be used
Fourth, invest only after the project get traction.

All these are not guarantee but will help to help your decision making

                                 
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January 13, 2017, 09:10:07 AM
 #10

Hey you better look at annoncement thread. I saw this ICO and looks very promising. Take a look at this ANN thread https://bitcointalk.org/index.php?topic=1738600. They got 3 escrows and these 3 escrows are highly trusted escrows in this forum(yahoo62278, Lauda, Miner jones). This is good for you since you are finding legit ico.

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January 13, 2017, 10:28:56 AM
 #11

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

It is not possible to predict that Ico is successful until the final phase of the project, every thing looks like genuine but when they din't reach their definitely it will be bad ICO. Don't consider ICO without any escrow, escrow should be their so that escrow will hold you money until they need to finish those which are listed in RoadMaps.

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January 13, 2017, 10:39:02 AM
 #12

It is just simple. Just avoid anonymous devs. Satoshi nakamoto tactics will not gonna work right now because scammer already aware and doing it. It impossible now for an ICO with anonymous devs to become successful. People have a natural greediness within us. So instead of choosing legit ICO with anon devs, just choose the safe project

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January 13, 2017, 10:55:21 AM
 #13

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

Invest on ICO is such as placing a bet for some card on the board. You don't know which card is good but gamble on it is really interesting.
You can't predict which ICO will success on the progress, but support they coin will make a +1 for development.

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January 13, 2017, 12:20:41 PM
 #14

It is very difficult, when you invest in ico you really bet like a blind man, never trust 100% the developer words, because so many of us got scammed, checking the site also is not going to increase your trust level, so i believe it is better to stay away from ico, eventhough sometimes the profit is huge but the risk is very big
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January 13, 2017, 12:24:44 PM
 #15

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

I'll definitely look for existing project not empty promise where they can run when the dev received the funds,some of the legit ico I invested are BASH and Victoriouscoin,victoriouscoin is implementing an Ics and they have ready projects while holding their interactive coin sales.

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January 13, 2017, 01:14:13 PM
 #16

How can i tell which PONZI Scheme is good ?
How will i know which one is gonna gimme mad ROI'z yo ?

THAT is what you all sound like.  Roll Eyes

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January 13, 2017, 01:29:20 PM
 #17

change one letter and like magic you have a whole world of legit options. here they are - http://www.nasdaq.com/markets/ipos/

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January 13, 2017, 01:30:42 PM
 #18

Find one with trusted escrow. A big community, and milestones to release the raised BTC. Every other way you are risking it big time a I have many times..

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January 13, 2017, 02:05:32 PM
 #19

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?
You can't. Which is why ICOs are worse than gambling.

Can't remember I've read more stupid comment than this recently.

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January 13, 2017, 02:30:21 PM
 #20

Can't remember I've read more stupid comment than this recently.

which part of it is incorrect? it all seems like it's in order to me.

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January 13, 2017, 03:04:25 PM
 #21

Take a look at this... http://icorating.com It is currently in BETA but quite an interesting project.

Quote
ICOrating specializes in evaluating companies with a planned ICO. ICOrating's analysis is thorough and objective, reviewing companies as potential investment objects.


Their rating is scheme is straight forward. Take a look at a few of their reports for Past or Current ICOs.
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January 13, 2017, 04:27:14 PM
 #22

Take a look at this... http://icorating.com It is currently in BETA but quite an interesting project.

Quote
ICOrating specializes in evaluating companies with a planned ICO. ICOrating's analysis is thorough and objective, reviewing companies as potential investment objects.


Their rating is scheme is straight forward. Take a look at a few of their reports for Past or Current ICOs.

You have 1 comment and your handing out trade advice ?
Where else on the web would that crap fly ? WOW  Roll Eyes
They need to reinstate the nooby jail i think.

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January 13, 2017, 04:38:19 PM
Merited by Gekkoo (20)
 #23

Research, dev not anon and invest only what you can lose, if you do this, can bet on some ICO without worries!
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January 13, 2017, 06:22:10 PM
 #24

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?
Still we can't tell with surity that which altcoin ICO is legit and scam because reason is not only its price increase after some time but its publicity always matter a whole .
In my experience , that ICO ,is much better than other ,which have listed his coin in the top 10-15 altcoin list at trading site .
It is because the alcoin which can see by the trader will be comes in activity deal of buy/sell .
And secondly if any ICO which is advertising his altcoin through signature campaign by paying bitcoin( not his altcoin ) then that we go for profit and can be listed into better altcoin ICO .


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January 13, 2017, 08:36:51 PM
 #25

Some of the people have provided some good points but some have provided that ask them for showing their faces while at here I am collecting points about anonymous ICOs to find about them. I want to make this thread as rich of knowledge about anonymous ICOs to find legit among them.


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January 13, 2017, 11:10:25 PM
 #26

Investing in ICO is rather risky investment but it can be profitable. It's really worth to try than to try other risky investment out there.
We should look at what will be the final phase of the project. There are factors we can check to minimize our worries.
Also people who creates ICO. If they are known in crypto world, it can give some proof that it ll not be a scam.
But the main thing is final step of project and the main idea. And if it is possible to get back money and leave ICO or if you can do smth with tokens of it (if it's in tokens). It gives some proof and trust to people.

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January 13, 2017, 11:22:16 PM
 #27

Take a look at this... http://icorating.com It is currently in BETA but quite an interesting project.

Quote
ICOrating specializes in evaluating companies with a planned ICO. ICOrating's analysis is thorough and objective, reviewing companies as potential investment objects.


Their rating is scheme is straight forward. Take a look at a few of their reports for Past or Current ICOs.

You have 1 comment and your handing out trade advice ?
Where else on the web would that crap fly ? WOW  Roll Eyes
They need to reinstate the nooby jail i think.

Wow...
Spoetnik.. you actually never fail to amaze me. I have been reading bitcointalk for years, and all I have read of late is you trash talking and getting people down. Posting in ICO threads poking fun of people. I register and make my first post just to share a source of information I have found.. and here you are within a matter of hours just to ridicule me.

I didn't provide any trade advice, I actually answered the OPs question of where to find some information on whether an ICO is credible or not. Which is considerably more than you have contributed to this thread, or to the entire forum over the past few weeks in fact.

I hope your trolling feeds whatever ego problems you have buddy. You just picked on a user with one post to his name, trying to help someone else out. Congratulations.
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January 14, 2017, 01:10:31 AM
 #28

Some of the people have provided some good points but some have provided that ask them for showing their faces while at here I am collecting points about anonymous ICOs to find about them. I want to make this thread as rich of knowledge about anonymous ICOs to find legit among them.

Your wasting your time.
You are getting the same old crap.
This same exact topic gets posted every few days by noobs who don't know how to use a forum search button.
They all will end up getting the same replies.

Trust me i know i have seen the same handful of cliche'd topics repeated endlessly here over the years.
It's odd too because any other forum on the web would delete them all..
This place is fucked right up though.. bump an old topic and they will bitch at you and deleted your reply.
Re-post the same tired old crap questions endlessly and you're in their good books.
See the underlying point ? Forum database waste ?
Seems kind of fucking retarded to me.  Roll Eyes

You said..
"I want to make this thread as rich of knowledge about anonymous ICOs to find legit among them"

So do you think the self-entitled little brats asking for personal 1 on 1 assistance will use the search button and find this topic ?
LOL of course not  Cheesy
..they will simply re-ask the same tired old question.

How to find Legit ones ?
That is retarded.. there isn't any.

You showed up here OP to make money obviously...
So a legit one is one that makes you money and a scammy one is one you lose money on.
So start a new topic asking how do i get rich at Bitcointalk "investing" in ICO PONZI scheme's

So ?
Good luck i hope you get mad ROI'z yo !
Hope them ICO shitcoin investments make you sick rich bro !
Welcome to crypto and glad your here.. know any other "traders" that want to flog shitcoins for BTC ?

FUD first & ask questions later™
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January 14, 2017, 04:46:49 AM
 #29

99% ICOs are not legit or simply not worth investing. You want to speculate, it is fine. Some good coins are not really doing ICOs. Many ICOs are for pump and dump.
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January 14, 2017, 05:38:53 AM
 #30

Its very difficult to find but, you can minimize risk by checking some aspects. First read their ANN thread thoroughly so that you can get a clear idea. Know who are its founders. Most importnt, check whether all of its coins are premined or yet most coins to be mined after ICO. If all of its coins are premined, then you should be more cautious.
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January 14, 2017, 08:07:26 AM
 #31

If you don't have any inside information ICOs are just gambling. And if you have inside information you are most likely part of the scam.
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January 14, 2017, 08:08:20 AM
 #32

@OP
Are you asking which are LEGIT or are you asking which will make you profits ?
Because the two do not necessarily go hand & hand.. *IF* we were talking about "Mined" coins.

ICO's are scammy & crooked by design and should not be supported at all ever.
If you do then you are supporting Crypto-PONZI Schemes for Profit making scammers rich.
And taking a nasty rotten fat shit all over any and all *REAL* "Legit" coins.

If you are not helping the situation by condemning them you ARE the problem.

FUD first & ask questions later™
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January 14, 2017, 10:15:55 AM
 #33

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

Many coins have different platform it is not possible to find which one legit because every thing seems to be more legit, some people will have an intention to make this coin more profitable to it's customers. But through signature campaign we can able to find them whether it is good one are not because dev's will be very active through this.

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January 14, 2017, 11:42:03 AM
 #34

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?
Choose the ico was using the trusted escrow, and so anytime, the ico will be turning into the scam ico and the escrow will return your money.
Simple.
It like an insurance or guarantee for testing about the ICO, is the legit ico or not.

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January 14, 2017, 01:08:09 PM
 #35

Buy ICO coins.. if you profit then it's legit otherwise it's a scam.
It has nothing to do with how they work so don't pay any attention to that FUD.
This is really the indications and you could really answer that question by yourself.This is true that if you gain profit into an ICO then its legit if not then scam.No one could really know the situation if an ICO would go scam or succesful thats why its a wise thing to do is research about a particular ICO if you saw that devs are not hiding themselves and money is own escrowed then theres a possibility but theres no guarantee.


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January 14, 2017, 03:49:20 PM
 #36

@OP
Are you asking which are LEGIT or are you asking which will make you profits ?
Because the two do not necessarily go hand & hand.. *IF* we were talking about "Mined" coins.
ICO's are scammy & crooked by design and should not be supported at all ever.
If you do then you are supporting Crypto-PONZI Schemes for Profit making scammers rich.
And taking a nasty rotten fat shit all over any and all *REAL* "Legit" coins.

If you are not helping the situation by condemning them you ARE the problem.
If you read the main post of me (the first/starting post of this thread) then you will find that what I am asking for. I only want to discuss about anonymous projects. Every person have their own point of view about these projects that how are they, I want to hear from them.

In the above post you said that there are a number of threads already about this topic. I request please read carefully my starting post and then provide one with rich comments. (with rich comments I mean that thread in which everyone have given their point of view about anonymous projects.

Thanks


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January 14, 2017, 04:17:57 PM
 #37

Buy ICO coins.. if you profit then it's legit otherwise it's a scam.
It has nothing to do with how they work so don't pay any attention to that FUD.
This is really the indications and you could really answer that question by yourself.This is true that if you gain profit into an ICO then its legit if not then scam.No one could really know the situation if an ICO would go scam or succesful thats why its a wise thing to do is research about a particular ICO if you saw that devs are not hiding themselves and money is own escrowed then theres a possibility but theres no guarantee.

How hard is it to fool people here ?
Does Bitcointalk have a rule forbidding posting scams ?
Escrow ?
I can build one up so i can use it for a big theft later can't i ?
Ident ? ......

All this can be defrauded easily  Roll Eyes

It is in fact NOT POSSIBLE to "use due diligence" when the game is rigged.

FUD first & ask questions later™
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January 15, 2017, 02:44:48 PM
 #38

In my experience,almost ICO are trying to prove them this coin more profitable to it's customers seems to be more legit,there could be a good investment so most of time It's very hard to find out a legit ICO,It can be possible if you follow some good direction.Always read ANN thread of any ICO,Check out more information, reliable record etc..
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January 15, 2017, 06:12:35 PM
 #39

I *could* put a dollar in your hand so i can smile at you and be extra friendly buddy pal as i have my hand in your pocket getting it all later..

Don't be low hanging-crypto fruit kids.

FUD first & ask questions later™
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January 15, 2017, 07:00:45 PM
 #40

Just do your due diligence and determine for yourself if the ICO and company doing the offering are legitimate. Look around at their websites, research the history of the company and the people involved at the company.
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January 21, 2017, 02:07:24 PM
 #41

invest in ICO is risky 50/50, but it can be profitable 

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January 21, 2017, 03:15:16 PM
 #42

Depend on how they use their marketing way to promote their ICO
For example : if you see ASC presentation, I'm consider this project is promising and serious so it will able to compete other coin on the future

Just do not afford more than you can lose
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January 21, 2017, 05:04:14 PM
 #43

I do not think it's possible to find a totally legitimate one. But it is possible to filter out those that are sure to be scam. If you have a reliable escrow, the devs you know in the community already gives you greater security. Nothing guaranteed. I recommend Google search the images they use in the ads, some use edited images of the ones that already exist on the internet  Cheesy






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January 22, 2017, 12:45:35 PM
 #44

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

well, I guess its not possible to find on which ico is legit. Perhaps, as long as the project continuously flow, and the developer together with the escrow is active in the campaign that ico can be consider as legitimate coins potential.

















































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January 02, 2018, 06:34:11 PM
 #45

I think if you can find out infomation of development, CEO... and the real usefull of this project. It's real.
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January 02, 2018, 06:43:43 PM
 #46

You can find legit ico. First you need to check there website. If it very constructive and they do more effort to it  its legit second you need to check there CEO and find the linkedin. Third you need to check there community if it is active or not including twitter,telegram,facebook,reddit,medium. If you find that all the ico is legit

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March 26, 2018, 07:24:24 AM
 #47

I think ICO is regulated: meaning there is no third party protecting the funds you invest. If a company’s Initial Coin Offering (ICO) is legit can be a helpful skill to develop prior to deciding on your crypto-investment strategy. We are aiming to build Initial Coin Offerings website transparent, easy to realize and available for everyone.
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March 27, 2018, 01:34:32 AM
 #48

start By checking whitepapaer , team, advisors . then you can see some ico review sites . one i like as it depend on many experts opinions "icoBench" .

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March 27, 2018, 01:57:39 AM
 #49

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?
I think you can find the white paper and the teammembers to see if they are reliable enough.

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March 27, 2018, 03:22:25 AM
 #50

Well you can read each campaign the whitepaper. Read it, +ere you can find out if it is legit or not.
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March 27, 2018, 03:38:39 AM
 #51

Do a further readings and research and also don't just rely on a single reference, much better to use a lot of references like reddit, telegram and also here in bitcointalk. And also, check the ratings of the ICO if it is going to be good or bad. Understand their whitepaper if their ideas will surely give a lot of contributions in the near future.

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March 27, 2018, 03:46:59 AM
 #52

my senior said, when pre sale is sold out and ICO sale reached 50 percent or more,,thats ICO have a good chance...

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March 27, 2018, 04:57:52 AM
 #53

Find one with trusted escrow. A big community, and milestones to release the raised BTC. Every other way you are risking it big time a I have many times..
it may be difficult to determine the legitimate ICO and that is not because before investing in ICO we have to join the existing program of gift of ICO, and we must read white pepper to see the project, team and its development because now many ICO growing so many people say ICO it just a collect funds from investors who have joined

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March 27, 2018, 04:58:11 AM
 #54

Most of the time you can study the ICO project from Switzerland.
Since Switzerland has legalized ICO, most ICO projects are legal and some excellent ICO projects.

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March 27, 2018, 05:21:05 AM
 #55

start By checking whitepapaer , team, advisors . then you can see some ico review sites . one i like as it depend on many experts opinions "icoBench" .


Well, aside those things checking whitepaper and team advisor you can see this please click tje link https://tokenmarket.net here you can see legit ICO having on going and to be launch ICO. All the details are build in to select the best ICO being develop in the blockchain.

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March 27, 2018, 05:27:00 AM
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 #56

There are a lot of indicators. The most important thing is that the project would not look like a freebie and was not too much allocated for advertising. Such projects are usually quick to spin even faster and disappear with the savings.

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March 27, 2018, 05:32:30 AM
 #57

All illegally appearing cryptographic currencies will become legal in a few months or years. will gradually be used in the shopping madness of the consumer society.  Lips sealed

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March 27, 2018, 05:47:17 AM
 #58

Take a look on some ICO-review websites/ blogs.
They have some factors to evaluate what is a good ICO project.
Here are some of those:
1- The main ideal
2- Whitepaper
3- Team DEV & advisors (team members should have linkedin)
4- Website & other social channels/ cummunity

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March 27, 2018, 06:09:22 AM
 #59

Question, How to Find a Legit ICO?

What and Interesting Question But Its more Complicated to answer but in some Cases in other countries Like the U.S Doing and ICO or CrowdFunding is Already regulated by the Government Specifically Like S.E.C people behind those ICO's are real people and Not Hiding there Identity so in that case you can sure its legit But its different in other countries, Im just qouting U.S as and Example But not all Countries that hosting ICO's and Crowdfunding has a regulation laws or Maybe there is But They are still in Confusion of doing a regulation. BTW just be vigilant of Doing anything regarding this topic.

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March 27, 2018, 06:13:55 AM
 #60

Look for proven businesses. Just like XYO.
I always invest in ongoing business ICOs. If there is no product i do not invest in that ICO
Super computers etc. all of them losers.


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March 27, 2018, 09:41:58 AM
 #61

I think you can find the white paper, team and the roadmap. 

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March 27, 2018, 09:48:09 AM
 #62

You have to pay attention on team of company, than on what people say about this ico project and listing  Smiley

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April 06, 2018, 05:25:43 PM
 #63

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?


According to the last events, cryptocurrency seems to be the future!  I personally think, that one of the best new inventions is ICO. You should definitely check the information about blockchain projects all the time. If you are interested in it, check the NCRYPTO. It’s a tool used to simplify and economic ally optimize interactions between business and individuals, rather than offer another way of crowdfunding or running so-called ICO
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April 06, 2018, 05:29:52 PM
 #64

In most countries, ICO has not yet been legalized. Every country's government has a relatively vague policy on ICO, and some countries are more exclusive, mainly because many of the ICO projects are too false to cheat money. Now, Japan and Russia are studying related policies to make ICO more standardized, which is good news for ICO. Of course, the government is doing this in order to make its economic order more secure and avoid many financial problems.
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April 06, 2018, 05:31:00 PM
 #65

Hello!First do self investigation about project what u want to invest strong recomendate to look on team - Names,surnames,street adress where is projects base office registered and compare with google maps,advisers,roadmap,whitepaper and contracts what they have on time when they start ico!If u do this things correct then u have less% to get scamed!Good luck all!

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April 06, 2018, 06:49:40 PM
 #66

I look at the project viability.

 Does it make sense for this project to achieve its goals?

Real team behind the project.


Never judge an ICO through ICO rating website. As these rating can be sponsored. I have seen few cases where top rating sites gave a rating of 5/5 and later they removed it from their website. There are chances that they have their share in ICO rating.

So the question comes how to choose best ICO?

If you have an ICO say XYZ then types in google "XYZ bounty" you will find a bitcointalk thread with ICO marketing details. Almost every ICO shares their contribution as bounty to get more contributors.

I have seen projects like TEZOS or RAIDEN NETWORK or ATONOMI or ENIGMA. These ICOs never offered any bounty or marketing advertisements still they reached hardcap.

There are many points like a team, whitepaper blablabla... already discussed in this thread. I always prefer to check the reputation of company and absence of bounty other than the concept, team, etc.


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April 06, 2018, 06:58:39 PM
 #67

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

You should do research about the people who are behind the ICO. Also, check out their social media pages and see if they are getting interaction from others or not.
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April 07, 2018, 05:08:04 AM
 #68

Buy ICO coins.. if you profit then it's legit otherwise it's a scam.
It has nothing to do with how they work so don't pay any attention to that FUD.
Really good tips)

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April 07, 2018, 05:09:33 AM
 #69

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

You should do research about the people who are behind the ICO. Also, check out their social media pages and see if they are getting interaction from others or not.
This is the minimum. Look for on forum - you can find a lot tips for checking ICO.

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April 07, 2018, 02:54:06 PM
 #70

In my own opinion there is no specific way how to determine if the ico you like is legit or not scam because we will only know it if the ico is already finished but i have my own way of  determining if i can trust the ico first is I'm  looking who is the bounty manager of that specific ico and i will search some information about that ico.

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April 09, 2018, 08:02:12 PM
 #71

I think you can find the white paper, team and the roadmap. 

Even if you read Whitepaper thoroughly, and find it is really great, it will not guarantee you that the ICO is the project that will give you the greatest profit. I would rather pay more attention to the team.

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April 11, 2018, 08:29:04 PM
 #72

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

finding out legitimate ICOs and Crypto project this year is very difficult due to scammers can even make good websites and make everything that are too good to be true.
I am a bounty hunter so I do have more experiences on joining scam and bogus ICOs and bounty campaigns and none of us noticed that ICO were actually scam unless the ICO is about to end.
scammers bagged the investors' money and ran away and that's the time we only know that the ICO are scam and it's kinda too late.

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April 11, 2018, 08:31:38 PM
 #73

In my own opinion there is no specific way how to determine if the ico you like is legit or not scam because we will only know it if the ico is already finished but i have my own way of  determining if i can trust the ico first is I'm  looking who is the bounty manager of that specific ico and i will search some information about that ico.

There are too many factors on how to check whether that ICO is legitimate of scam but for me, I can spot them just buying on their Telegram Channels because I do believe that good ICOs have a very strong social communities like Telegram, facebook, Twitter etc.
check the number of social participants like Telegram, they should have more than a thousand active members and admins are available at anytime of the day because good ICOs do have social managers and moderators.
otherwise, that ICO has a higher chance of being a scam or bogus.

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April 11, 2018, 08:32:57 PM
 #74

Don't trust anonymous ICOs. If you don't know who runs it, just stay away man.
Tons of people were scammed that way.

They will invest and after a few weeks or months, nobody knows anything about that ICO.
Some will even close their website lol. Talking about some experience. I learned the hard way.

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April 11, 2018, 08:44:03 PM
 #75

I used to invest quite a lot in ICO, but recently because of the scam and many projects that can not be realized so I stopped investing in ICO, and I started trading.

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April 25, 2018, 07:46:48 AM
 #76

Learn about their white papers on the specific elaboration of their projects, and whether the project's technical staff and projects have a good application prospects. If you want to get a solid income, you must take certain risks, but you can greatly reduce this risk by investigating and researching yourself.

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April 25, 2018, 07:53:35 AM
 #77

The definition of ico varies from country to country. Of course, choosing a legal ico is to know from many aspects, for example, you can be directly in the official.

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April 25, 2018, 08:01:00 AM
 #78

Visit www.icoguide.com  - it is recently launched platform, I like it very much, it is easy to compare several ICOs, besides they have good ratings.
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April 25, 2018, 08:05:38 AM
 #79

Visit www.icoguide.com  - it is recently launched platform, I like it very much, it is easy to compare several ICOs, besides they have good ratings.

Very good web-page, hope to see there more ICO in the future. They are beginners, but have really good start.
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April 25, 2018, 08:17:16 AM
 #80

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?


lol I think you have a lot of experience and insight on this discussion issue. of course with the rank you have has made you very familiar in the crypto industry.
Unfortunately you look like a person who does not understand at all, I do not know what you have done so far in this forum.

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April 25, 2018, 08:17:50 AM
 #81

If an anonymous team is behind the project and there is no way to get full information from open sources to analyze all the details of the project well, then I will not invest.

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April 25, 2018, 08:18:40 AM
 #82

Only invest what you are willing to lose. Dont put your money all in one basket. Proper financial planning is important in every investment we make. Try looking in in SafeCrypt.io. A high security exchange that has high standards of quality and every piece of software is being tested multiple times before they make it publicly available.
I spent some time to study SafeCrypt ICO. I think this ICO could become one of the best this spring, because of several reason:
 1. This is cryptoexchange. And this cryproexchange has some advantages compare to existing ones: instant transactions, lowest fees, absolute anonimity, large select of crypto assts and others.
 2. They lead very good ICO policy.
 3. THey have Adequate and reasnable bonus rates.
read more here https://safecrypt.io/r566

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April 25, 2018, 08:30:44 AM
 #83

Unfortunately, it is impossible to verify the legitimacy of the ICO, but it seems to me that over time the ICO will be legalized and this will be possible. Only when this happens and whether it is still so profitable in this case to invest in ICO is still very unclear. Now investing in ICO is very risky and very profitable, and you can not check whether it is legitimate ICO!!!!)))) But if you find a good project, you will be very satisfied. When choosing an ICO, I always check the team, look at the plan, the idea, of course it should be in demand, and preferably unique!!! And also see the documents, follow the project, read the news. And if you understand that there is no information on the project, a lot of incomprehensible and hidden boldly abandon it and do not invest! To date, I can recommend the Caratz project. Look at them very innovative idea: the Association of cryptocurrency and social networks, a good serious and experienced team, all information on the project is open. I have been following this project for a long time and consider it worthy of attention. Actually see it yourself on their website https://caratz.io

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April 25, 2018, 08:33:52 AM
 #84

Although some investor are trust that ICO's are still true but some ICO's are hardly detect what is the real ICO or fake ICO? well based on my research i wonder  that before would you like to invest at ICO  do a lot of research regarding to thier token  and of course you must also know the background of the team, if we have any reputable reviews,adviser,and intended token distribution
 aside from that read also the white paper, check their linked,what is the purposed? if their something new? or if not ?what is apart from its competitors?  

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April 25, 2018, 08:39:28 AM
 #85

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?

Make a good research before joining the project ICO, make sure project have a good product or service to offer and the team is experienced with real people.

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April 25, 2018, 09:23:13 AM
 #86

for me, you can find a good ico manager to find a legit ico.
a reputable manager team will manage real ico, not a scam one. otherwise their reputable will go down.

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April 25, 2018, 09:27:09 AM
 #87

for me, you can find a good ico manager to find a legit ico.
a reputable manager team will manage real ico, not a scam one. otherwise their reputable will go down.

No! reputable manager cannot determine that your in a good ICO since sometimes the campaign managers are been blinded on the real score of there project hold, remember that there are so many ICO finish scam and doesn't deliver their coin on good exchange and left it without proper support. But there's one thing we can see if the project is good and legit, and those are devs transparency and escrows presence with their project.

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April 25, 2018, 09:29:58 AM
 #88

Check all channels for reviews, comments..
- telegram
- reddit
- twitter
- facebook

- Check the Whitepaper (Yes read it!)
- check the team > Linkedin

- Why is this a good investment?
- check on icodrops

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May 05, 2018, 10:57:36 AM
 #89

If it will be happening, we will not know which one is scam, and which is not- simply because we cannot even figure out that there are people, not bots who are just working on it. 

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May 05, 2018, 11:00:36 AM
 #90

You should look at the project team, look at the experience of the team members in the industry in which the project is realized. You should look at the level of study of the project

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May 05, 2018, 03:24:05 PM
 #91

you need to learn the project you will join, like a concept, a team, a whitepaper, hard cap, soft cap, and etc. the legit ICO is hard to find now.
Good luck~

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May 05, 2018, 03:44:36 PM
 #92

A few things to note about ICO
1. Look for Projects whose ICO is not too long, so the time is more effective and efficient
2. Tokens are sold much in demand by investors
3.has an innovative concept incorporating all the services required by Trader Crypto and the usual Conditions that have not been familiar with Cryptocurrency
4. Have a partner who has no doubt
5. the website is not complicated, simple but convincing
quote from
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May 05, 2018, 03:45:25 PM
 #93

I thinks that's all about your personal experience and the research. You should't believe at first sight and rush to contribute and buy the coins. Study the project, the whitepaper and their strategy, find info about the team and their background. And then make up your decision
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May 05, 2018, 06:30:32 PM
 #94

There are a lot of scammers, but if you carefully read the forums and other information on the network, you can discover them in advance. Study the question before investing your money there

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May 05, 2018, 06:43:39 PM
 #95

it is very difficult to know because some ICO really has good plan but after crowdsales, they discover they can not continue with the project and at the same time don't want to lose the money they have invested then they end-up running away with investors money. however there are few ways you can know scam ICO. from experience most scam ICO do not have real whitepaper. most of them use to plagiarise other ICO whitepaper so you may know a scam ICO by using plagiarism software to check whether the whitepaper is plagiarised.

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May 05, 2018, 06:48:15 PM
 #96

This is really a risk. But at the same time, ICO gives the maximum profitability. Therefore, you can take risks in several projects in order to diversify your portfolio

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May 08, 2018, 10:49:46 AM
 #97

These days, hardly any coin have what it takes to give 100% confidence to investors like me.
They come up with the most random ideas and spend a few 100k dollars on marketing and building hype. Then they have token sales where pre-sale investors are given discounted rates. They end up dumping the coin as soon as there is an exchange listing.

In fact, I know of only one ICO in recent times that has not done this. Blockgrain.io team had the foresight and fairness to keep presale price equal to main sale price. This shows what intentions a team has. Less focussed on greed and more on onboarding the right people.

"BlockGrain is interesting. They’re aiming to automate the supply chain with Grain and later on Fruit/Vegetables/Wool. It’s an Australian project.

Australia is amongst the largest exporters of food, and there is absolutely no competition.

Thoughts on this guys?
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May 08, 2018, 10:53:17 AM
 #98

If you don't have any inside information ICOs are just gambling. And if you have inside information you are most likely part of the scam.

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May 08, 2018, 11:05:34 AM
 #99

If the developers are not disclosing their identity then its probably a scam. A decent team will know that ICO investors look at the team's expertise to help them decide if they will participate or not, and so would be open about that information.

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May 08, 2018, 11:16:37 AM
 #100

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?
If the scammers are not experienced, it is easy to determine the banal verification of all information. But also, many scammers simply make a copy of a successful IСO changing only the name, there is little that will help, because many are really similar to each other and equally successful.

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May 08, 2018, 11:19:35 AM
 #101

A lot of research and reading their whitepaper in detail is the only way.

If you read enough whitepapers you'll be able to tell what makes a good project and what makes a bad one.
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May 08, 2018, 11:20:42 AM
 #102

A lot of good points here but I would also add:

- Check if the project team are active at events.

- Does the project have a MVP? If so it's a strong sign that it's legitimate.
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May 08, 2018, 11:42:10 AM
 #103

If you are new at crypto, then its best to research for a few weeks, and get help from experienced members. As you become wiser in the cryptoworld then you will discern what is a good ICO and what is a scam.

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May 08, 2018, 12:09:24 PM
 #104

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?
there is no way to tell if an ico is legit or scam, just take the risk, and find their public information if its legit or not, decide for yourself if you are satisfied for the information given.

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]
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May 08, 2018, 12:17:57 PM
 #105

Suppose if there are a number of ICOs started for different coins by anonymous developers then how can we find that which one the legit ICO and which one is scam ICO?


Its not so easy to fin legit ICO but you have many basis and reference which the reason to make you guidance on how perfectly you can choose an ICO that its legit.Try also for telegram channel communication and the background of the team.

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