ICOs are a legit or Scam?

[deppil]

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Based on my experience. We just see the ICO TEAM arrangement, there must be some experienced people who have been successful on ICO before. see also the bounty manager, everywhere the ICO is successful under his rule.

I see every ico who comes in the market always has different teams. i never found ico team ever successful in they ico before and then made ico again with the same team? is it you can give example where ico that have same team, that the team is already successful before ?

[X7]

ICOs are caveat emptor - they are similar to IPOs - this question shows a serious lack of understanding and research on your behalf.. That is like asking - ARE IPOS SCAMS?

[RIYA0001]

 More ICO's are scams .But , there are lots  of legit ICOs out there too. You just need to be very careful about which ones you choose to invest in. Do a lot of research to buy in terms of the whitepaper, road-map, etc and then decide.

[ndcm]

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Some ICOs are scam but there are still legit ICOs. Every ICO have it's own whitepaper, there you can learn if the project will be successful. Check the roadmap if it's doable. Research about the project team, see if the people behind the project are credible and trustful. Lesson here is do your research first before investing in an ICO project.

[hachiman13]

There are plenty ICO's that have legit teams and goals however there are also scams ICO's--like how there's a two sides of everything. We just have to do our due diligence and take extra measures since were investing money. And also as the saying goes: Invest only what you can afford to lose.

[Sarah08]

There are to many ico's there and this count of the ico's has an big effect this can be positibe or a negative effect but that doesnt matter because ico's are plenty some of this are legit and can help to the economy, but also there are many scams but all we can do is to be careful.

[Olatunjex]

Most ico these days are not legit but we still have some that really have a roadmap and are ready to develop the coin or token after the ico.  Apparently now it isn't legit in China.

[AiloveYouks21]

Most ico these days are not legit but we still have some that really have a roadmap and are ready to develop the coin or token after the ico.  Apparently now it isn't legit in China.

despite the fact that China's country forbids ico but the cobinhood project that is domiciled in China is even successful crowdsale 29k ethereum, a remarkable achievement.

[Smoikata]

Most ICO in our days are scam. But there are a lot a good company which search a money for make a big things.

[stockblock]

From all the previous post, successful ICO's depends on team, marketing, whitepaper roadmap. I think we need to understand if the project is legit or not. The problem they tend to solve, how they do it, how it changes the industry etc.

I think its better to show proof of concept or show an MVP product which generates investors interest. Investment decision comes later. First you need to do something.

Long ago I used to work on projects from overseas. When I used to bid on projects I used to develop the basic requirement and demo it to the client. (80% Success rate). Every one want to bid but no one wants to prove you can deliver.

[Pattart]

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Some ICOs are scam but there are still legit ICOs. Every ICO have it's own whitepaper, there you can learn if the project will be successful. Check the roadmap if it's doable. Research about the project team, see if the people behind the project are credible and trustful. Lesson here is do your research first before investing in an ICO project.

Yeah to avoid ico scam of course you have to do research first on every ico that you want. research can contain many things. for example try to see their roadmap, the idea of their project. but I'm quite confused how we know that their have trustfully team ?

[razzbee]

I always look if the team members are worth about what they tell us, also a working prototype, their business model and will the business be of high demand if all these are met, then good, I will invest

[adzino]

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

There are legit ICOs and again there are scams. You will just need to remove the bad ones from the good ones. You will need to use your own knowledge. Just reading the white paper does not mean you will be able to judge which one is legit and which one is scam. You will need to see their team. Most of the legit ICOs have well known developers. They will also have a working platform and keeps users up to date all times.

[Armstand]

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

There are legit ICOs and again there are scams. You will just need to remove the bad ones from the good ones. You will need to use your own knowledge. Just reading the white paper does not mean you will be able to judge which one is legit and which one is scam. You will need to see their team. Most of the legit ICOs have well known developers. They will also have a working platform and keeps users up to date all times.

Some our good on analyzing the ICO, we should be careful on what ICO were going to invest, to play it safe bwttee invest on ICO that already succeeded in reaching even their soft cap or min cap.

[yourialfa]

In my opinion, ICO is very legit. but we need to learn a project before investing our money. but there are some scam ICOs. Choose your best.

[jason_g]

Most IPOs are either a scam or have very little chance of success.. with that said, there are some really great projects when you look below the surface.  As always, know what you're investing in.. understanding the technology as much as you can, competitors, the team, the market.  Same way you'd evaluate a "traditional" investment.

[btcprospecter]

I see so many icos I do wonder how many are legitimate but like any new coins they have to start somewhere. Yes the creator of said ico could do a runner with all invested but like anything there is risk. Sometimes risk equals reward. Just be careful and do remember to not invest anything you are not prepared to lose.

[Chanock]

Many ICO's are legitimate and you can invest money one of them and make it sure you will select the best ICO. I cannot recommend what is the best ICO it depend on you and wher ICO you compatible. The only recommendation i can give to you is read the agreement, rules and security that you will gain in the ICO to protect your money before you invest.

[kachimasu]

An ICO is a tool, like an IPO or other tools, what makes it a scam or not is how you use it, you just need to be aware where you invest

[deppil]

There are plenty ICO's that have legit teams and goals however there are also scams ICO's--like how there's a two sides of everything. We just have to do our due diligence and take extra measures since were investing money. And also as the saying goes: Invest only what you can afford to lose.

firstly when you want to invest in ico you have to be prepared with all the risks that exist, because the risk on ico is not just a scam, many ico are successfully launching and coin they are listed in the exchange but only have a very low price, it is lower than the price buy while still ico, so in addition to avoiding the scam ico you also have to be prepared with all the risks that exist