ICOs are a legit or Scam?

[salamloloh]

a few months a lot of ICO is a legit or a scam and it confuses us in distinguishing it for that we have to be more careful in choosing ico, we must first learn how the team behind the project

[TheDarkRide]

A lot ICO's are scam I am sure and only few of them will be treated as the first plan.

[HPQ.IO]

Transparency, legal matters, real goals, team, market... Study the information and make a serious decision.
You should understand the project and its perspectives before you invest.

[coinbitw]

Some are legit and scam, either of the two. If you are planning to invest one of ICOs make sure that you must investigate how their team and foundation are strong(campaigns, transaction, etc.). There are also advantages and disadvantages of investing to an ICO. Just take time to read posts and be guided in this forum

[ellabanana]

If you are business minded, investing in ICOs is one of the best way to invest since you'll be able to acquire coins in low price with bonuses. So, how do identify a legit ICO? First, check their website and white paper. Study their plans and goals, the team behind the project and see how realistic their plan is. But of course, it's not just that. You can also check the reviews and the feedback from their social media accounts.

[mammusu]

Some ico are legit and not all scam
before to participate in ico, read be careful about the project, team and concept of the project.

[pos-game]

There's a reason why the US has laws for investing in securities - people without the financial means or experience investing in companies they do not know how to evaluate, will most often lose their money. ICOs that fail are not necessarily scams, but they are not projects that would be backed by an experienced investor, most likely (even they are more often wrong than right, but they have a much better due diligence process). ICOs are a great way to raise funds from the public and are definitely legit, but you need a strong process to not end up investing in a dead end cause.

[Farma]

some ICO is legit, and some are scam. in fact we can not determine it, because the scam or not, it depends on the dev. they could have turned into a scam after they succeeded. I think there are some ICO like that.

[NN52NN]

Any ICO has one goal - profit. A scam is either legal, sometimes it turns out too late. It is necessary to carefully study the composition of the team and white paper, to search for maximum information in a variety of sources, and only then decide on participating in the project.

[megan57]

I think to distinguish between scam and legit ico is difficult because now a lot ico scam. Then be careful in choosing ico.

[zhangcaisbsbn55]

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.

I think the good ones are btc and eth for us to invest. Whether they are legit deoends on where you are.

[fatenmo]

These are the things I check before investing in an ICO:
Whitepaper
The product
Team expertise
ICO reviews
Partnerships of the project
Consultants of the project

You can check out the ICO I have in my signature

[Altf4]

I do not have experience yet on ICOs that are scam , but I believe ICOs are legit , there are ICOs that do not success in their campaign , others thought that the project is scam , but it did not meet  the target, other say that it is true project when it is successful and give bounty to the campaigners in the ICO.

[Cryptogodfather]

full transparency of the team, already existing business and its large audience

[Miles123]

There is some ico's legit, but mostly I think they are many scammers. So you need to be aware of scammers and they can steal your money or get your money by investing in their tokens. You need to check their feedback, especially teams if they are connected with each other.

[burakdat]

Some ICO are scam, some of it are legit and some of it are already implementing the project. There are many new ICO project nowadays and most them will tell you that they are already successful in their ICO period and it will be a matter of time that they will going to implement the project. However, some of the ICO will say that in the near future they will be able to meet their goals and objectives in terms of token sales. But which is the right ICO project to participate? Well start with their project concept. Look on those tokens they are selling if those tokens could be used in the future project to be implemented like ASTORGAME tokens. SOmeday these tokens could be use in #massgambling and #esports entertainment. SO this is a win win situation both the investors and the project. This could mean a good project.

[s.Zavgorod]

ICO is quite legal fundraising. You donate money and in return get something like the shares of the company, the value of which depends on the success of the company.

[dragone]

Well I agree with postion that says : If now so much ICO wasn't be a scam we don't talk about that" . ICO it's just new way of crowdfunding and like every new things on market there are a lot of scammers around here. Especially if we mention about rules I mean that there are new clear rues out there. Some countries try to make it clean but I think before that I lot of companies steal people's money from ICO and some ICO's make real projects and money.

[Zeleznyak]

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.

well, in General, the ICO project is created on the basis of blockchain. Blockchain technology is known to be decentralized, and then it follows that it is anonymous, and does not obey anyone. Hence it is semi-legal. And what can throw it easily. You need to carefully study the project in detail to see all the details, and only then make a decision

[deviltasha]

Mostly it depends on the project, some of them are scams but some of them really work, or have intention to work. So we should choose right ones and encourage good projects, to help crypto industry to develop.