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Author Topic: ICOs are a legit or Scam?  (Read 32134 times)
chichigirl
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May 19, 2018, 11:11:10 PM
 #661

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 more promising ICO,  some are legit one and the other are legit Scamers too!  Lol! 

It is true that there are still promising ICO that are open and very true to their projects but there are many scamers everywhere that using this kind of thing to scam a lot of people.  Let is all be wise and more careful in choosing a good ICO.

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mumtazemin
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May 19, 2018, 11:16:33 PM
 #662

3 Ways to Identify an ICO Scam

Ways to Identify an ICO ScamIntroductory coin offerings (ICOs) and token age occasions (TGEs) offer token purchasers an extensive variety of chances to take part in the crypto commercial centre, however the developing prevalence of ICOs and the regularly specialized nature of the block chain biological system has driven some token purchasers to accidentally add to ICO tricks. Beneath, this article clarifies three ways token purchasers can recognize an ICO trick so they can evade them later on and guarantee they coordinate their assets toward really encouraging tasks:

 
The ICO Developers Are Anonymous

The first and most outright indication of an ICO trick is that the token's designers are mysterious or something else obscure. While it's valid that the maker of Bitcoin — a pseudonymous individual or gathering working under the name Satoshi Nakamoto — did not uncover his actual personality, he could this since he made a system that did not rely upon the dependability of a focal expert. This isn't the situation with ICOs and TGEs. By holding an ICO, a start up is requesting that token purchasers assume that the engineers will convey a working item as opposed to running off with their cash, so the group ought to will to move down its guarantees and claims with unquestionable personalities. On the off chance that a group is unwilling to recognize itself, token purchasers ought to be exceptionally careful about adding to the task. While there might be substantial motivations to want this protection, it is much more probable that their motivations are detestable. PlexCoin, for example, declined to uncover the personalities of its colleagues, muddling the way that one of its coordinators had crossed paths with securities controls in Quebec on a few events, both previously and amid the PlexCoin ICO.
The ICO Token Does Not Have a Clear Use Case

Another indication of an ICO trick is that the engineers can't obviously express a substantial utilize case for the token. The token should fill a key need in the startup's stage. On the off chance that it doesn't, the token won't manage its incentive over the long haul. Identified with this issue are tokens that promote themselves only as advanced monetary forms without offering any genuine developments or changes after existing digital money innovation.
The ICO Whitepaper Sets Unrealistic Goals

In any case, regardless of whether the token has a reasonable utilize case, token purchasers ought to be careful about new companies that publicize excessively hopeful guides. On the off chance that the whitepaper sets a farfetched improvement plan, it either implies the designers are utilizing misleading strategies to pull in token purchasers or they do not have the essential experience to give a sensible extension to the task. In any case, this does not look good for the achievement of the undertaking and its relating token. To abstain from falling prey to ICO tricks, token purchasers ought to instruct themselves and lead due persistence before choosing to add to an undertaking. Key Coin offers various assets to help token purchasers with their examination, including token investigation reports and restrictive meetings with new companies leading token age occasions.
Vital Coin is your go-to hotspot for data about propelling and taking part in utility token ICOs.

Regardless of whether you are a start-up or existing business that wants to enrol the assistance of an expert utility token ICO guide or a token purchaser who needs assistance exploring the block chain space, Strategic Coin will furnish you with the assets you have to exploit showcase openings inside the crypto commercial centre.
DjTremor
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May 19, 2018, 11:17:46 PM
 #663

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 more promising ICO,  some are legit one and the other are legit Scamers too!  Lol! 

It is true that there are still promising ICO that are open and very true to their projects but there are many scamers everywhere that using this kind of thing to scam a lot of people.  Let is all be wise and more careful in choosing a good ICO.

ICOs are legit but some of them are coming up as scams. There is no certain way to identify scam ones and marking them. Always make sure you ask the registration for the companies of ICOs. This will help a bit.
elisabetheva
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May 20, 2018, 12:05:44 AM
 #664

There are both many scams and legit projects out there. For example, my current portfolio consists of Monero, Redchain, Giftz, and Titanium. Check them out and let me know what you think.

can not be denied by the very development of confirming to make sure there are many who cheat, but not all as well, but it is difficult to ensure that this is a fraud. hoping that we follow is not a fraud
nemzkiebok
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May 20, 2018, 04:47:13 AM
 #665

not all of ico are legit with scams also and there are ico also legit but be careful when not just go for not threatening because it is risky now so be careful not just go bad and invest
leland orser
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May 20, 2018, 04:56:25 AM
 #666

Most ICO projects are scams, and some of the ICO projects are excellent.
I don't think there is a specific screening process, you should choose those registered in Switzerland.

D3m1r4wanti
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May 20, 2018, 05:23:17 AM
 #667

it is currently very much ICO that ends with fraud or scam. but I still find and feel some true ICO and pay it to the participants
gabmen
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May 20, 2018, 06:47:45 AM
 #668

it is currently very much ICO that ends with fraud or scam. but I still find and feel some true ICO and pay it to the participants

It wouldn't hurt to do a little study first before investing though. Go to their websites and try to know the project and the people behind it. Try to see if these people have legitimate credentials. Join groups and discussions. Not all icos are scams and these legit icos can actually make good money for you

 
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ngocminh01101
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May 20, 2018, 04:12:17 PM
 #669

We cannot sure if the ICO are legit or scam so better to do your own research. A lot of ICO right now with no good reputation no good pla no road map no whitepaper be careful of choosing ICO and invest what you can afford to loss
Aleksandracern1
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May 20, 2018, 07:51:22 PM
 #670

Most of them is a scams, but other ICOs are pretty good. You can earn some money and then invest in other stuff. Pretty profitable
Swati Kapoor
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May 20, 2018, 07:58:17 PM
 #671

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.
Almost ICO scam but depend on whitepaper, roadmap, team etc. I have one advice or it's my opinion, recently i just participated in SciDex’s community program. They are building a new marketspace for scientific data and their goal is to accelerate science. I like Scidex. It's just create a great platform.
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May 20, 2018, 08:01:10 PM
 #672

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.
Of course there are some stories when ICO turns out to ba a scam but it does not mean that all they are like that
Do not panic please
Relax
crypthomonkey
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May 20, 2018, 08:04:47 PM
 #673

Most of them is a scams, but other ICOs are pretty good. You can earn some money and then invest in other stuff. Pretty profitable
It is very hard sometimes even for a professional trader holder or investor to distinguish a good ICO from a bad one
It is rweally like a superpower
tdtduy
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May 21, 2018, 04:06:40 AM
 #674

The nature of the ICO projects is legal. It is a fair game. A team has the idea to start a business, they need capital along with commitment to share the profits for capital investors. Investors want to increase their income from the assets they have. Both sides are good. But some greedy people want to take advantage of others, they offer fraudulent ICO projects with promises of terrible profits. Be careful to choose the right ICO.
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May 21, 2018, 04:13:56 AM
 #675

ICO is divided into 2 parts of which there are legit and scam, it looks like the two are tied to ico then you should review overall and make sure the ICO is Legit, especially pay attention to the telegram because many investors join (some members of the telegram is airdrop participant)
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May 21, 2018, 06:12:38 AM
 #676

Yes, it seems that the biggest difficulty now is choosing the right ico. Some high-rated ico does not get enough support, and ico with the usual profile closes sales faster because it already exceeds the target.
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May 21, 2018, 06:20:58 AM
 #677

Well their were a few icos that shows up in nowadays, managers and ico development are being shrewd, well we ought to know to all that we joining icos on the grounds that we numerous are scam and legit. We can recognize and decide whether it is a scam or legit. You have to research to the data about it, on the off chance that you have been something seeing that bis awful, you ought to be cautious. These days individuals are astute they will exploit so give us a chance to be cautious
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May 21, 2018, 06:23:57 AM
 #678

Some of them are legit and some of them are scam, need to be more careful when intended to investing in ICO. Ned to do more research and make sure that the project are developing after the ICO.
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May 21, 2018, 06:26:04 AM
 #679

It depends on the project. There is an ICOs that are scam but there is also legit ICO. Just do some research for you to determine which is which.
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May 21, 2018, 06:33:06 AM
 #680

Not all ICO are a scam but so many ICO are scam.So difficult find out legit ICO because there are many ICO looking are legit and when ICO is success than dev going to scam.Day by day ICO investor are reducing.Nobody wants to invest.Dev team and research is so important to finding legit ICO.
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