So many new ICO, how to check if it's scam?

[BTCreward]

Methods of checking ICO projects to identify fraudsters are also unchanged. You will not be able to make 100 percent sure of this, but you will be able to create an ICO rating for yourself, in which you think it is worth investing.

[trantrangg999]

the difference between ICO and IPO is nothing. ICO is looks like IPO, the company want to have money for their project. So, they create an ICO to call for capital and investment. Investor you get profit if their project can be success, of course, it is high risk with which project has not anything.

[meomeo989]

Ensure you do your own research,do not folliw the crowd hye to invest,check in detsiks there whitpaper,the team behind the project,and there past track record,in terms there professional experience.Research before you invest. Do not be lazy to invrstigate about the project.

[thaoco.codai865]

I think if you don't understand nothing about ICO - it's better to have experience before investing. Maybe in bounty campaigns or with little bit of money. Because there are a lot of scams, it's true.

[Sirait]

believe me that scam ICO is very difficult to detect, many ICO issued by trusted Bounty Manager ends with failed and even a scam, this is very difficult to detect.
but if the ICO is issued by the Bounty Manager who does not have a good name should leave immediately because it is likely a scam although the possibility of no scam still exists.

[arctic circle]

I think that the first and the most important thing to consider is real, useful,   well-known projects in which the founders took part....  It is the cornerstone of any ICO.

[Kakady13]

Something I found very helpful was joining their telegram/slack channels.
I feel nowadays people tend to ask more specific and detailed questions to make sure the team are legit/have a plan.

[Asgar 9]

You can not be 100 percent sure that you have chosen the right project. Therefore, there is a rule of diversification. Invest in one project not more than 20 percent of your available money. Invest in several projects. So you will not take too much risk.

[jin_dv]

Hi, everybody. Indeed, a lot of companies now and difficult to choose, because you need to spend a lot of time to analyze each company. And especially pay attention to what is written in the white book, check the team and their social networks, road maps, payment system and the total pool, how many people are involved, in General, check everything. It's time spent, but it's worth it.

[adsduozn188]

Look into everything they offer, ask them questions, see what the flaws are and what are the positives. Don't rush into an investment and only invest what you can afford to invest. There are too many people throwing a lot of money without thinking.

[fosco333]

Check their profile team. Some of them are easy to notice if they are faking it.
second, check their advisor, look at the profile of the advisor if they really advise that ICO. if not, then it can be a scam ico.

[drusilla43]

If the OP does not release any info about the dev team, dont even consider looking at it. If they do, first thing I do is check their social media profiles. If they lack social media profiles, i will image search their headshots on google and look for fake profiles.

[jimimcome907620]

So many new ICO, and they all have new idea and tech listed on their webpages,

and even the websites use the same template...

but so many new ICO, how to check if it's scam, or worth to invest...

You need do enough research before you do the investment. You need to read the whitepaper carefully, and find out as much information as possible. Thre mroe information, you cna find, the less risk there will be.

[sundul]

So many new ICO, and they all have new idea and tech listed on their webpages,

and even the websites use the same template...

but so many new ICO, how to check if it's scam, or worth to invest...

You can see from my website, whitepaper and a few of their social media accounts. And you have to look at the team that is behind the ICO project. You should know that a team must have travel and experience in dealing with a project of ICO. It later could determine the success of the project.

[Jezren]

First read the whitepaper ,understand the concept of the project,know the team and advisers check their backgrounds. Then follow them on social media and check if they have photos and more better if they have videos and live interviews.Also check out their partnership and verify them.Also join telegram community and ask detailed questions about the project and team.That way you can avoid scam.

[VasiloviKola]

Here are some tips how to avoid scam: https://icoguide.com/en/blog/how-to-identify-scam-icos

hope it will help, but there is 100% method anyway

[annawill3]

Good way to check the ICO project is to watch reviews and ask questions to devs so you can figure out how responsibly they work on the project and care about users' opinion.

[a123canz999888]

Well, to be sure about any ICO you want to invest in, you should  make  intensive research before committing your funds.
Beside, make sure you are not following the crowd by investing in any project.

[quandang821]

No one knows at the end whether ICO is a scam or not. But you should look up for more information about the developers of an ICO as well as check out their Whitepaper.

[chillycoolll]

there has a many way to check some ico if it not a scam, seing a goal of it project, checking who involved in this project and seing what a product they made that quiet easy.