ICOs are a legit or Scam?

[Superways]

Cases of fraudulent ISO have recently become more frequent. Resist the ICO with poor technical documentation, with a closed team without references and experience

That are the factors which we can take a look on for to become the investors. The team often reflect much about the ICO. The developer of scam ICO sometimes get success to provide a good technical documents that is why we have not rely only on that but have to study about the other factors too so that it secure us from become fool.

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[Shreek]

there is a legit and there is a SCAM
some successful ICOs run their roadmap, investors are happy with the ROI results they get
while ICO's SCAM, has changed the reputation of cryptocurrency in the eyes of the people
we must be good at choosing ICO, if want to invest in cryptocurrency, always use experience and consideration

[integrap]

Many ICOs are scam. It is my opinion. But nowadays I realized that NEO based cryptocurrencies have success. I mean they were listed on binance. Well I have never invested a coin on ICO and I still see it risky. But I have some friends who made money after they invested in ICO.

[joemanabat05]

To be practical it is a fifty-fifty condition. There are lot of scam around the globe and there are qualified and very successful project. but be careful always because it might turn to scam after a successful project.

[bitctrimor1]

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.

99% of ICOs are designed for one purpose only - and that is to enrich the creator(s). In other words, yes, most of them are scams.

However, there are plenty 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 in terms of the development team, whitepaper, road-map, etc. to gauge how successful you think it will be and then decide.

That's right. I think everyone knows that, and the idea that you're joining in that ICO for whatever purpose, either as an investor or as a bounty joiner, could be comparable to a small fish riding a big fish. You get the spoils but not the whole chunk of what they eat. Whether it's legit or not usually unfolds on how a project is received by people. I personally believe that many developers really want their projects to succeed and not be deemed as scams, but when it's not doing good until the very end, then they are also left with no other choice.

[mwarrior]

First of all you need to know what team members they have, search their LinkedIn links or something else, check it. If team is really small or they don't have any links on social - it's big chance to be a scam

[vastmast]

It is not right to make such generalizations. Some icos are really creating very successful projects. A lot of the coins we have seen among the best coins right now have made ico a time.
But recently we have seen a lot of scam

[david_019]

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.

One thing I know that can be helpful to find a good ico is to find the ICO which is managing by establish members in this forum.

[kllondd]

You must understand that even if ICO seems legit, team is maybe good - it still maybe scam project because everybody wants to get rich, even by reputation lost

[aleksej.rozhkov]

Not every ASIO can of course be successful and with serious intentions to collect all the fees. But these are external problems. And then what happens to those cases when they specifically throw people that I saw rarely then precisely fraud.

[Wonder_woman]

Some ICOs are legit and some are scam. If you are a bounty hunter or an investor, you must be willing to take the risk for you to earn profit from ICOs, there is no choice but to take the risk. 

[arapgeceleri]

we can not say that for all ICOs. some ICOs are very nice, while others are scam. I need to be careful. Let's not hurt my money.

[puugiako0811]

Initial coin offerings offer vast opportunities to buyers. They can take part in the token sale and be a part of the blockchain ecosystem. However, there are a number of scams happening worldwide and one should be aware of the same.

You can analyze whether a project is a scam or not in the following ways:

• Anonymous ICO Developers

• The purpose of Token Sale is not clear.

• The Whitepaper has Impractical Goals

[kristensoto]

i think it is hard to talk about legality about ICO investing nowadays, because most of ICO around the world are not recognized by government, and without any control from government it is very hard to know about legality of an ICO, bad people can use ICOs as a way to steal money from investors, so that is why most ICO are scams.

[max6575]

different offers from the release as officials to gives of chance for investors as might to work on decision to put of spares with available possession of resource on efforts as preparing use with submission of option to put with the table of order with the board of accounting as purchasing token from the developer.

[Specialforce]

There are some ICO that are legit all you just need to do is to find that certain ICO by doing some research so if you apready done it you can avoid those scam and get the legit one it is simple task yet it is very effective

[BTC786]

there are some legit one that have good team and idea but there are some that smell like scam. Basically every investment has risk and you should research the team background to avoid scam ICO.

[AristoteI]

Many countries do not have legislation to regulate cryptocurrency. Therefore it is very difficult to say whether the ICO is a scam. But very often it is so.

[akai93]

ICO is a good way to invest in crypto but not all ICO is legit. there are times people used ICO to scam others.

[leynylaine]

ICOs are created from different purposes of the projects. Generalizing ICOs that they are a scam is just a misinterpretation. Some of them are scam, yes I fully agree on that. Some of them are having a hard time because of the failed project and some people call it scams. And other ICOs are legit.