Are ICOs scam?

[darkflower]

No one word answer to this one.

While ICOs allow for easy dump schemes, there are some genuine projects. Essentially it is a situation where amidst a largely negative dominated ecosystem - there is the small, but relevant, amount of positive projects depending on the existence of that ecosystem for vitality.

I would advise you to do research on a case by case basis and just look at individual ICO projects and try to apply something like Charlie Munger's two-track analysis when making a decision.

[taxmanmt5]

If you research enough you will see its not a scam, just like a stat up project that need funding. But be really ady to lose the money you put it in, if you didnt research a lot. Many ico right now are somewhat sketchy

All ICO are not scams but you need to be choosy when selecting the ICO. I think in order to avoid scam in ICO, there should be proper authority which provide escrow services for ICO. The amount collected through ICO should be given to escrow provider who will only give coin to dev, once he give coins to the buyer. Maybe one day, some one take these pre-cutionary  steps.

[jevee]

it depends. did you do your reasearch on the ICO? you should always learn a few things about the team behind the project or join a telegram group to get some more info.

[tristan1960]

If you research enough you will see its not a scam, just like a stat up project that need funding. But be really ady to lose the money you put it in, if you didnt research a lot. Many ico right now are somewhat sketchy

All ICO are not scams but you need to be choosy when selecting the ICO. I think in order to avoid scam in ICO, there should be proper authority which provide escrow services for ICO. The amount collected through ICO should be given to escrow provider who will only give coin to dev, once he give coins to the buyer. Maybe one day, some one take these pre-cutionary  steps.

They're not scam, but the thing is that you need to be selecting the legit ones. Otherwise they can easily exploit your investments by spending them on their own purposes. ICOs need regulation.

[phpartisanmaster]

Not every ico's are scam but in order to know if it is a scam then you should look at the developers, Also try to look at the manager who will handle the platform because they are those who are going to give the payouts.

[rfcdejong]

Without investments, there will be no new coins. In ordinary start-ups, there is also a percentage of failed and fraudulent ones. With a conscious selection of ICO, the likelihood of hitting scammers is extremely low.

[rallyko]

Now there are a lot of scammers in the ICO sphere. People earn easy money by deceiving their investors. You have to be more careful!

[misterj]

The probability of an ICO to be a scam is low becuase the community here can determine somehow or sometimes if it does. If the altcoin receives a lot of positive feedback from the investors and workers then it is possible that it might be succesful. Vice versa when a lot of the reply is negative. Also, the one who manages it is also a factor. If the manager has a positive trust then mostly it is legot but if the manager has negatove trust then most likely it is a scam.

[fazerockzx]

Of all ICO's that are being launch and poping up anywhere on today's era, i'd say there is a 20% chance that it is a scam because some people have proven it and expose it so it depends on your point of view whether you want to trust it or not. We all should be careful on choosing the right ICO so we really need to observe it first before giving our trust to it.

[James Messy]

research as much as possible as you can, if you feel its scam then don't go for it

[babsjoe]

Majority of ICO are far from scam! ICO has been another profitabke avenue fir serious profit. The future of ICO is also very bright considering the fact that the market of ICO is global and less than one percent of that market is in ICO right now!

[TiffanyLien23]

Some ICO are scam but some are not. You must have to research if the ICO that you want to invest are not a scam. Though it much better to join the Bounty than to invest. Maybe knowing about the campaign manager or the developer of its ICO are also a great help if it has a positive trust.

[OriginTrain]

Some ICOs are dodgy however many are legitimate. Make sure to research the team first and the concept. You've also probably heard it repeated before many times that unless you understand what the product is solving.. then don't invest in it. That's good advice.

[jakaKak]

Some are definitely a scam but not all of them. You should do a lot of research before investing in any project because some can be really cunning when it comes to money.

[tamango]

Many ICO's are not scam but they are just poor in contents.. or they just want to make projects that are not realizable... it's very difficult to take good selection without spending much time reading whitepaer, analysing team, etc...

[eddyhalim]

i think not all ICOs are scam, but surely there are so many ico projects that we can not recognized which one is scam, but this is a huge source of profit if we can find a really good ICO, in order to do that, we must do research about the project before investing in ICOs.

[sukamasoto]

i think not all ICOs are scam, but surely there are so many ico projects that we can not recognized which one is scam, but this is a huge source of profit if we can find a really good ICO, in order to do that, we must do research about the project before investing in ICOs.

Many ICO occur recently and it's quite difficult to research it alone especially for new trader.
I'm usually ask experience trader or join telegram group whenever the ICO is good to invest or not.

Bitcoin value is quite high recently and new ICO are coming ...

[newwest]

i think not all ICOs are scam, but surely there are so many ico projects that we can not recognized which one is scam, but this is a huge source of profit if we can find a really good ICO, in order to do that, we must do research about the project before investing in ICOs.

This is actually scaring many if the new people who had heard recently about the bitcoin and want to invest in this market. So best option comes and recommended is ICO . but due to this scam problem it is difficult to believe which coin and where to invest as nobody wants to lose the money. in such scenario one can miss the best ICO offer also which in future can make the multiple time returns also.

[finaleshot2016]

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

no this is not a scam, it is a fund raising for their project to be implemented. The money that they've  got is from the investors and the donators that supports the ICOs. You must check their roadmap and check their news/updates about the bounty. Join the telegram group and talk to the devs for you to be satisfy that the ICO is not a scam.

[sukoyomi]

It is very much current in some ico is just a scam, but not all ico is a scam. so before you choose ico, you should be careful, if you have no experience in investing with ico, you should not do. at least you should understand what project they are working on before joining ico