How to find out a legit ICO?

[Ranly123]

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?

As far as I have observed, scam ICO has more flowery and more promising statements on their white paper. So I suppose those with difficult and hard to realize platforms are legitimate.

[Apes]

it's hard to distinguish legit ico with an scam ico. because scam ico try to differentiate as a whole so that investors believe. I often see Iico that I consider very legit but ends up being a scam. ico scams i think they are indeed professional in deceiving investors and I think they don't work alone to cheat investor but team work.

[Clark05]

Nowadays it is really hard to find a legit ICO compare to those of previous years. It is also hard for the project to reach their target as investors also are in doubt and don't want to loss their money because the market also is not good. You can find a legit ICO just by studying the  white paper and the roadmap.

That's big true because before When i invested to the ICO most of the ICO that I invested is successful and I earn a lot of money but after few years ago the ICO who are legit is being less and most of the ICO now are releasing now is scam so Im getting tired to invest to ICO. Right now it's hard to find what ICO is legit because mostly the ICO is scam are launching ICO now .

[siorapokk]

I am looking at the rating websites to see a general rating of each project. Than I am reading the whitepaper and looking at the product development level. The last step is to check the community numbers and to talk with admins.

[asder250]

There is no way how to recognize it.
It is always risk, read the terms and you will know that ICO does not guarantee anything and if you send them money it is something a gift for them.
There were many ICOs that scammed people and noone is arrested until now.

[Anyobsss]

There is no way how to recognize it.
It is always risk, read the terms and you will know that ICO does not guarantee anything and if you send them money it is something a gift for them.
There were many ICOs that scammed people and noone is arrested until now.

Agree. Some ICOs are promising in the first phase but after not reaching their goal, they run from people without refunding them. That's why it is really hard nowadays to invest in ICO, even participating in bounty campaigns have become so hard as all of them are scams and will just waste your hard work.

[edisystem]

There is no way how to recognize it.
It is always risk, read the terms and you will know that ICO does not guarantee anything and if you send them money it is something a gift for them.
There were many ICOs that scammed people and noone is arrested until now.

Yes we never know how to recognize it.
If you want to be safe, just wait until the coin sale start.
If the result is good then it's a good ICO, because many investors buy the coins.

[Absolutep]

It is very difficult to find legit ICO these days because most of the ones we have are scam,some people coming together just to take advantage of people to get themselves rich.But if you can join the group of different project and get community feedback,that will surely help and there are some channel just to analyse ICO,you can also join that.

[QNaka]

A good and legitimate ICO is a living strong team with real-world experience, where developers are transparent and open to dialogue. The technical document must be of high quality and understandable. Pay attention to the work of the project in social networks, media and advertising.

[iged_war]

A good and legitimate ICO is a living strong team with real-world experience, where developers are transparent and open to dialogue. The technical document must be of high quality and understandable. Pay attention to the work of the project in social networks, media and advertising.

if developers team held AMA session in their roadmap , it could positive point for this projects.only serious developers will live AMA in their social media account, and perhaps it could reduce investors worry about fake team.

[IndianaJons]

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?

Now some exchanges such as Binans and Exmo have started conducting ICO projects on the back of their own sites. This ensures that the projects they launch are verified and are likely not fraudulent. I will participate in them.

[tonibyuzen]

I would try to avoid projects whose developers do not disclose their identities. Among the fraudulent ICO, most projects differ in that they do not disclose the identity of the developers, or use someone else's data. Therefore, try to choose ICOS whose team is open to the community and does not hide their faces.

[znation]

Now on the exchanges they sell the IEO instead of the ICO will not have a scam situation because it is protected and verified and typically like the Binance floor.

[Tukang Becak]

I always see from several sources namely this forum, ICO rank and telegram group discussions, and I am always vigilant even though an ICO has a high rank but the telegram group is not active.

[taufik0911]

there are several ways to see whether an ICO is legit or not, the answer is:
1. Look at the results of reviews of expert ICO reviews such as trackico, coingecho, iconow etc.
2. Look at famous newspapers that have posted news about the project such as Yahoo Finance, Yahoo News
3. Looking at partnerships on the project
4. History of the project team
5. Look at the project's objectives and roadmap
I think by analyzing the above points it will help many people to choose legit ICO

[kiwoh123]

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?

for now i just follow binary launchpad, because i don't trust ico apart from binary launchpad.
I think a lot of people agree with this and also I think it would be better if we don't follow again at this time there are too many projects that make us rekt.

[RasenShuriken]

Kinda hard nowadays since there are so many icos have turned into an exit scam and there are so many icos have been created.

[anggracoin]

Kinda hard nowadays since there are so many icos have turned into an exit scam and there are so many icos have been created.

It's not difficult but it's very difficult. Determine a real project or do not require detailed inspection. The team becomes the first indicator to be examined, then continues to the partnership, after which it checks the news about the project in trusted media, then to another thing that can identify the truth.

[e@symode]

If in the near future the situation with IEO will become more and more trusted, I am sure that they will still be able to really make a very big and huge plus in favor of investing in the cryptocurrency industry. You understand this, if not, you must understand.

[daniel2023]

Legit ICO is difficult to know this days. Though, if you look closer, you will see signs that will show you that the ICO will be successful. Being successful is another thing while have good value in the market is another. I have done so many successful bounties but the value is in market is something else.