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Author Topic: How to find out a legit ICO?  (Read 22459 times)
karmapala
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February 09, 2019, 09:06:22 PM
 #321

in looking for ico, I used to see and consider who the team was led by the project. Likewise, I found out who the supporters of the new project were. I saw that in the future this ico would be made in the future

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February 09, 2019, 09:16:22 PM
 #322

No certain procedure to  determine legit ICO, you can only make some effort by making your analysis before investing in any ICO in order not to be victim.

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February 10, 2019, 07:24:35 PM
 #323

I have to admit that it is not the easiest of jobs trying to vet and an ICO for legitimacy. Personally, the first place I will start will be the whitepaper. I actually do carry out a critical examination of what the project has to offer or if the project is actually feasible. What I do admire most is when the team already has a working product independent of the ICO. The next in line for me is often the profile of the team members and then social media presence. I consider the amount of people following the project and how committed the team is to positive public opinion through regular updates.
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February 10, 2019, 07:38:45 PM
 #324

Just read the whitepaper and check the team members profile and after this thing, you will get an idea about the project.

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February 10, 2019, 07:44:23 PM
 #325

Nowadays it's very hard to find legit ICO because every single day many ICO have launch. So it is not the easy thing to find a good project. We have to make research on it before making any investment.

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February 10, 2019, 07:58:35 PM
 #326

To save time searching for legitimate and highly profitable ICOs that are evaluated by a team of experts in this industry. I think Binance Launchpad is something you should care about, they have just succeeded with BTT project and some other projects in the future.
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February 10, 2019, 10:58:49 PM
 #327

very difficult, not enough just by looking at the road map website and others. I use my own analysis, I will not ask other people where I have to invest, I invest with ICO that I trust the most.

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rodel caling
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February 10, 2019, 11:07:14 PM
 #328

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.


Supposedly hardess to find legit ICO's and yes exactly gambling is rosky games investment but today's investing in icos is more than risky than to gambling.
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February 10, 2019, 11:54:01 PM
 #329

I think is mostly do your research and hope for the best and also if you dont see value on your investments on these ico The best thing to do is sale those coins before they become your disappointment trophies Dont just HODL at lost It does make sense

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February 10, 2019, 11:58:42 PM
Last edit: February 11, 2019, 12:09:27 AM by Kelvinikke
 #330

There are so many ICOs out there and this has made it very difficult to sometimes spot the good ones. Basically, i look at the team spearheading the project and follow up on their linkedin profiles to ensure that they are real and have the needed experience to actually make this project a successful one. You might also want to look at the vision and mission of the project and the use case behind it.

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February 14, 2019, 04:08:56 PM
 #331

This is a long process that can take you a very long time, especially recently, when you can see who the owner of the host is and even find out something at a law firm. You can search for a long time, but there are no guarantees
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February 14, 2019, 04:44:26 PM
Merited by jaywizzy (1)
 #332

There is no specific way to find legit ICO. All you need to do before investing in any of the the ICO is that you have to make proper findings about the project and this can be done by knowing some particular things about the project like;
1.Number of their telegram group member
2.The mature of the project
3.softcap and hardcap
4.Team member  and
5. Total supply.
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February 14, 2019, 04:49:19 PM
 #333

There is no specific way to find legit ICO. All you need to do before investing in any of the the ICO is that you have to make proper findings about the project and this can be done by knowing some particular things about the project like;
1.Number of their telegram group member
2.The mature of the project
3.softcap and hardcap
4.Team member  and
5. Total supply.


1. The number of people who believed in the project does not mean that the project is successful. For example, the project Spokzzz. For fraudsters is not a problem to unleash a group. So I would not be operating on this item at all.

2. Softcap and hardcap
This is also not a guarantee. If you look at the company's website, this information is easy to fake. So this is also not credible. Of course, this is a good symbol, but you should not rely only on the cap.
sakuragi21
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February 14, 2019, 05:08:04 PM
 #334

To find a legit project is very easy if you know the techniques first look for the project and for the team og ico, and try to look at there website and make a review. and check if theh reached the softcap because it means  they have a lot of investments and the project is good.
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February 14, 2019, 05:18:51 PM
 #335

To find a legit project is very easy if you know the techniques first look for the project and for the team og ico, and try to look at there website and make a review. and check if theh reached the softcap because it means  they have a lot of investments and the project is good.
it won't be that easy. because if you only see a few parts of the information notified in the whitepaper, you might be subject to manipulation. I personally always look at all parts and read the whitepaper slowly to find the purity of an ICO. and it's bad if you do not read at all about the whitepaper but only on some websites it will make you more easily fooled

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February 14, 2019, 05:59:50 PM
 #336

It looks like a lottery. You can see the faces of the developers. The project may have  technology or idea. But this will only increase your chances but will not give a 100% guarantee.
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February 14, 2019, 06:08:25 PM
 #337

 : )I never learned to distinguish between scammers and good projects. The fact is that fraudsters are developing every day. Their sites are getting better. They invest in pumping their telegram channels, and make good documents. I can say one thing is no way to heal the project.
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February 14, 2019, 06:35:44 PM
 #338

And that's just the reason why I think that, there's no particular way of identifying if an ico is legit or not, you find a lot of projects with anonymous organizers being a successful one, even heard that no one knows the founder of bitcoin and is team at first but they succeed. So I think it more like luck these days you only predict.

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February 14, 2019, 06:43:22 PM
 #339

: )I never learned to distinguish between scammers and good projects. The fact is that fraudsters are developing every day. Their sites are getting better. They invest in pumping their telegram channels, and make good documents. I can say one thing is no way to heal the project.
to find a good project might be difficult but if you differentiate the original project from the scammer project there are still several ways you can do it. as you are talking about, scam projects may offer excessive promotions more often to attract investors and deceive them
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February 21, 2019, 06:47:57 PM
 #340

Determining a legitimate ICO is extremely difficult, fraudsters are activated on a professional level. It would be good to recommend ICO from reliable partners, for example, having the corresponding reputation of developers from positive past experience.
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