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Author Topic: How to find out a legit ICO?  (Read 22529 times)
UAE Seasider
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January 22, 2019, 10:29:54 AM
 #261

The only way you can mitigate the risks when taking part in an ICO is to thoroughly check the backgrounds of the people heading up the project and to make sure that their website, whitepaper, social media profiles and experience all match up to what you would expect. Pick projects where the people already have relevant experience in that field, and that the project seems feasible on paper to begin with.

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January 22, 2019, 10:48:53 AM
 #262


no one can establish with certainty what ico is legit and which is scam, personally to choose a ico i rely on the site icobench that i consider quite valid
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January 22, 2019, 11:47:16 AM
 #263

I think it's very difficult to find legit ICO. Many ICO failed and there are some successful ICOs, but when their tokens are listed on the exchange then the price of the token will also fall depend market situation.

yarelydiaz
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January 22, 2019, 12:06:58 PM
 #264

For me i  saw very legit site but it came out to be scam also i think now a days its very hard to look for an ICO that is legit, I think everything is a Gamble now Wink

Not exactly, just try to look deeper and feel free to check the development team-write a message to the CEO and project partners.
Every project has partners. Through its partners is to begin the ICO check. Do companies really cooperate with a startup and so on.

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January 22, 2019, 12:07:08 PM
 #265

The best way to find out legit icos  www.icoratings.com and tokenmarket.net these ico listing sites give us all the data of ico programs which we can follow
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January 22, 2019, 12:37:04 PM
 #266

Piece of advise from my experience: Don't ever invest in any ICO where lead person is anonymous, in 99% cases it will turn out to be a scam.

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January 22, 2019, 12:42:36 PM
 #267

I don't know if there are legal ico, but some countries are very involved. But by regulating the laws in their country, they can be ICO regulators.

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January 22, 2019, 12:46:27 PM
 #268

I don't know if there are legal ico, but some countries are very involved. But by regulating the laws in their country, they can be ICO regulators.
Some countries already require permission from an ico. but some are still unclear and in my opinion every country should provide rules to avoid fraud in ico

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January 22, 2019, 01:27:27 PM
 #269

Not sure you can find one, those who claim to be legit these days are the scam. All I can observe about ico is that they are not here with good thoughts i mean initially they are all here to scam only those who made enough through the ico try to continue and some also get listed continue their scam.

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January 22, 2019, 01:44:52 PM
 #270

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?


investing in ico is the hardest part of the risk level. but I think there are many resource persons who share their knowledge above my posts.
maybe I will just add research to research that I often do, for example finding out about teams, developers and of course ideas and technology. the rest like other friends say, gambling
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January 22, 2019, 01:47:39 PM
 #271

The first step carefully read  whitepaper and you will be able to see what ICO is legit and what is not. Also find out information about each member team and no hesitation ask questions about project.
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January 22, 2019, 01:49:26 PM
 #272

It is already difficult to find a legit ICO within a few minutes. You need to invest some more time to analyze everything. First I check the purpose of the project and the team behind the company. Also their website, whitepaper, social media like facebook, twitter and telegram.
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January 22, 2019, 02:24:14 PM
 #273

It is already difficult to find a legit ICO within a few minutes. You need to invest some more time to analyze everything. First I check the purpose of the project and the team behind the company. Also their website, whitepaper, social media like facebook, twitter and telegram.

yes, we do have to be extra careful in choosing ICO because it is difficult to distinguish between legal and illegal ICOs. hence knowledge is very necessary in choosing ICO so that we will be more able to consider all possibilities that exist because even the ICO that looks very good is fraud.
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January 22, 2019, 02:33:01 PM
 #274

Piece of advise from my experience: Don't ever invest in any ICO where lead person is anonymous, in 99% cases it will turn out to be a scam.

Without a doubt, the owner of the company, the founder and other high-ranking positions should be public people, because it is necessary to hold webinars/conferences/AMA questions/interviews/presentations and other events. If you see an ICO project where owners/development team do not have real photos and accounts in social media - 99.999999% - scam!

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January 22, 2019, 02:39:00 PM
 #275

By finding a legit ICO is quiet so difficult to see. Because there are ICO's that good from the beginning, you think that it was good, but at the end it declares or not getting the minimum range of the bounty program. My advice for this is by reading carefully and thoroughly about the comments and also by knowing or joining the famous and popular bounty managers.

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January 22, 2019, 02:42:03 PM
 #276

Reading whitepapers was the best way to avoid scam projects. If the whitepaper is great, move on to the product developments status and the team itself. As the last step, I would check the social media communities.

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January 22, 2019, 02:46:10 PM
 #277

Its hard to find a legit ICO. I have came across many such ICOs which look good in the beginning, their team works actively, website is well updated, every query is properly answered and one fine day everyone disappears after they collect a good amount of funds. Personally I think there should be some regulations which needs to be followed before launching an ICO, a big forum like this could work on it.

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January 23, 2019, 08:42:05 PM
 #278

Reading whitepapers was the best way to avoid scam projects. If the whitepaper is great, move on to the product developments status and the team itself. As the last step, I would check the social media communities.

It reduces the risk of meeting a bad project, but there's no 100% guarantee. So many times there were cases when people had said the project had been good but it turned out it was a scam. It becomes difficult to distinguish a real project from a scam cause fraudsters are very tricky today

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January 23, 2019, 08:49:22 PM
 #279

First of all, I used to check the opinions of the professional reviewers on this market - and then I make the decision to invest or not in this project.
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January 23, 2019, 08:53:21 PM
 #280

We can not find accurate information, because the scammers are quite clever and they make every effort that you could not distinguish a fraudulent ICO from the present. So you can watch so many tips about not investing in an ICO.

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