Are ICOs scam?

[siddartha1492]

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

You didn't mention which ICO you joined. They gathered $5mln, then that's a good amount. Maybe it has got a good concept and potential and that's why people invested so much there. But yes, out of 100 ICO, I would say only 5 are good.

[Jenna_G]

I'm really lucky and i never was scammed, but could be if didn't start read this forum.  I still believe we have no scam ico. I sure that confideal is exactly this case. But You need always check your ico and read as much information abt it as you can.
In my opinion describe of ur ICO looks good, but it could means nothing also.

[Smokey Bob]

Well some of them are. Even airdrops can be scams, so be careful. But if you're gonna invest money you should always do enough research to know if it's a scam or not, or at least if it seems legit.

[littlebill16]

Many ICOs will be scams, it is important that you take your time before investing to investigate properly the coin and the team surrounding it, ask others in the forum their opinions, if anything seems shady then don't commit your money.

[Robert de Crypto]

Please do not join an #Airdrop #Airdrops which needed you to sent some amount of eth to participate .. its a scam .ask for they contract address I bet they cant show you
take care guys theres a lot of ripper out there
if you one of the victim
you can report them by filling this form with evidence
https://docs.google.com/forms/d/e/1FAIpQLSf8vsYLkm8QA8il615yS0gqCNmWWfLArFM1o4-R5xmV-0fbYg/viewform?fbzx=-4224064424139077000
please share this

[Mini_Miner]

This is one of the few ways to raise funds to bypass banks. In many countries, interest rates for small businesses can reach 30 percent.

[Ranly123]

I believe some icos are scam but not all. Remember that icos want to generate money from there tokens, i dont know how they scam from this site but i believe that it can be done.

[EugeneAS]

Even if we suppose that all ICOs are legit, not more than 10% will be really successful. Buterin has recently confirmed it. But its really same as with startup industry

[astrid.uchiha24]

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

There are lot of things to consider why an ICO fails but it does not mean it is a scam, so better research regarding the ICO you invested so you can conclude that you get scammed, but based on they had collected it is not a scam because they are supported by community and reaching $5-10 is not a joke.

[Moz90]

some are scams, you've got to do in depth research on an ICO before risking your hard earned money.

[sidou094]

i dont think so

[Investorhyde1]

Some are scams and some are not.  Why would you contribute first and then ask if it is a scam though?  Do research prior to investing any money to play it safe.

[alan2here]

Almost 70% of ICO are fraudulent but if you are an ICO analyst then you should find out what projects are really working and there is always support behind the community as these factors decide for the The success of ICO projects

[8rch7]

Well some of them are. Even airdrops can be scams, so be careful. But if you're gonna invest money you should always do enough research to know if it's a scam or not, or at least if it seems legit.

yeah agree, before deciding to invest in an ICO, should do research first on the that ICO, whether convinced that the ICO is really true legit or scam

[PORN_coin]

to the choice of any investment program associated with the crypto currency you need to approach seriously otherwise you can run into garbage
what exactly am I talking about
choosing a project make sure that the people who promote it are real people and not pictures from the Internet
 that the project has a clear development plan
 so that there is an accurate understanding of the distribution of monetary resources and also an understanding of the required amount of funds to be co-created

[MommyElsa]

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

Not all ICO are scam, but we need to be very serious in choosing ICO for it may possibly will result for nothing.

If you are confident with your choice, then wait for the result for it could be a successful one.

[Singbatak]

Selecting ICOs is easy. But checking and finding out the real purpose is difficult. All you have to do is find out who has established and where they are based. Not by the amount of money they have raised the base so they can not say they are scam

[CherryICO]

How did the money they collected make you feel they are scam?
How is it connected?

[xiaoyum]

Icos can go fully into scammy schemes but NOO. If you read more ico analyst blog you can clearly see there are very legal awesome project coming out of ico lair. You should look more into ico dev list..

[alisafidel58]

Its really hard to tell but i think before investing is that you must research the coin well and look at its purpose.
All alt coin who have finished their ICO are depended on its user without its user all the investment for the coin will be such a waste.