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

[Bismillas]

There are a lot of factors to be sure to pay attention, when you are looking for a ICO in which you want to invest. I will not repeat everything, that was written here, but I pay special attention to the activity of the team, I believe, that this is very important for the development of any project

[1714795313]

1714795313

[Raist]

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...

It is very simple. After ICO is over you must carefully watch the price of assets of this ICO and also for their product. If their product in not working or unpopular o absent then this ICO was scam or simply unsuccesful so you do not need to invest money in such ICO. Also if asset of ICO is loosing value over time comparing to ICO prices so it is useless to make an investment into such ICO. Hope this helps.



But really... barely  

[straimrpl777]

In fact, it's very difficult to identify a real crypto project from a crypto scam project, I'm very carefully studying the development team and see which investment funds are involved.

[owlman]

Now it is really very difficult to understand where the prospective project, which in the future can bring you profit, and where the project is fraudsters. To select the ICO project, you need to consider a set of indicators and factors, and each investor has his own methods for doing so. So first you need to gain experience with certain knowledge, and then just try to invest.

[Dima95]

You can try to get more info abou the project, but it can be useless too. I try to find some insides about ICO

[ovcijisir]

It helps to analyse the webpage, to see if it is made quickly or they didn't put much effort in it.
Also analyse the team. Google them to find information about them. Are they real people? Did they been involved in frauds before?

[Erzinnum]

You can try to check it in different ways, but nothing will help you, because team may be good, but they can face some juristical problems
 

[SvetikB]

You can try to find reviews about these projects from trusted investors or crypto bloggers.

[Diamond_Darrell]

You can try to find reviews about these projects from trusted investors or crypto bloggers.

BUT, no matter who they say, it does not give one hundred percent certainty about the success of the project. It may be that both the team and the idea are good, but what happens is that it does not go "into the market"

[LuckyMan21]

I think with experience it becomes easier to distinguish good companies from bad ones, you first need to look who is developing the project and the very idea of ​​ICO

[TrufieldICO]

Do your research. Best ICO with potential for huge returns on investment is the Trufield project ICO. This exciting project will revolutionize healthcare for millions of people. Trufield will provide free health data management systems in developing countries. The Pre-ICO is live and open to all investors, so buy your tokens at 25% discount. Buy Trufield token and learn more about the project here at http://Trufield.com or http://Trufield.io.

[mommysean]

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...

yes, there are so many ICO.
But you will find some ICO worth to invest if you are thorough.
and it is difficult to check scam ICO.
maybe you should do some research first before you join in any ICO to avoid scam.
You can check their website, company profile, the team and their social media.

[wowprolol]

even experienced investors can not 100% distinguish a good project from scam . I try to study the team, ask questions

[infinity33]

You have to do some research. Why they are creating it, what features does it have.Check the team that is working on it. Try to get in touch with the Devs

You can check if the ICO is a scam by looking at the team responses to some valuable info, and by their response to the questions that they answer, but even if you don't know what to ask, you can observe others in the forum.

[vessing]

The very first sign of scam, it's a promise of large sums. Now, when you are promised these amounts, then consider that this is a scam.

[Komandor8957]

There are many materials to identify fraud ICO or operating system. Imagine that you put money in the bank at interest. You do not go into the first bank. You'll choose a multi-criteria best. With the ICO in the same way.

[TheHas]

Research is the most important! Check team, whitepaper, if they have a working product etc.

There are some companies like trade.io that go through a vetting/checking process for ICO's to make sure they are legitimate, then airdrops tokens from that ICO to you if you hold a certain amount of their native 'trade token'.

For example, they are doing an airdrop for Watchdog ICO. I should add that once Watchdog goes post ICO, it is actually a 'scam-watch' of other ICO's so you can use them as part of your research.

So do your own research, but also use the research of others! As a side, trade io is launching their exchange and are running a few promotions to attract users - have a look here if you're interested in the promo side.

[gumpoh]

You need to spend a lot of time looking at information, white papers, team members' history, and team communication, but this can't be 100% certain. It can only be judged by finding vulnerabilities and your feelings. I believe that someone will build a professional website in the future. Screening for unqualified items

[An0nyMoose]

Mostly the best way would be for you to do some research on the coins, look at the people who are working on the coins. check their previous projects, look at their whitepaper, read it, check their roadmap. Even though they all list new tech and new ideas on their website that does not mean that they all plan to carry it out or know how to carry it out so you need to figure out which ones are going to go the long mile with their ideas.

[v_15]

Points to be noted while choosing an ICO:

1) See if they have a nice and technically sound whitepaper. Whitepaper says a lot about an ICO.
2) Do a background check on the team. If they aren't visible on the internet, they have things to hide.
3) If an ICO has unrealistic expectations out of their token offerings, it means they haven't done their research properly. Shows a lack of dedication and planning.
4) See the advisory board. Big people means good ICO. No big shot advisor would want to be seen as a scammer.

I should suggest you check this site called Coindelite https://coindelite.com/. It is the most delightful media channel to get you the Latest Bitcoin News, Cryptocurrency News, and ICO Press Releases. Check updated ICO list, Live Cryptocurrency price charts, information Cryptocurrencies and real-time market data.

From Coindelite, I came across

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