ICOs are a legit or Scam?

[supergorg27]

Well we can heard that there are ICOs that are legit and some of them are scams so we have to be careful in choosing any ICOs, more research and learnings before we invest in any project.

[Basketball5]

Some ICOs are scams of course, because not all of them had good projects, some of them are with fake teams. I would advise to make research and select several ICOs to invest in. In case of several ICOs you will have more chances to get benefits

[degrasle]

Of course divided into two types. There is a legit ICO and ICO are a scam. even that comparison is almost the same. While this is increasingly difficult to find a legit ICO project. Since most precisely the scam, or not produce. This situation is quite alarming.

[shadyrifles]

Most of them are scams! Beware of scam ICOs and do your own analysis and research before investing in any ICO. There are plenty of good ICOs are running in which you can contribute to future projects and working products.

[churaCull]

The huge marker to a great project is escrow - if project invited escrow to participate in ICO that means they fully understand that they are here to make product not money only, and they will receive money only if they got roadmap finished. As for me - the most important thing

[Astrilian]

Look up Ian Balina on Youtube. He created a data driven methodology to find the best ICOs out there. If I was you, I would try to understand if it is a real project (working product or prototype) or just a dream project with not even one line of code written.

[yahata150]

Lately the ICO is getting popular and it can not be denied there are some people or teams that do fundraising ending fraud under the guise of ICO project. Therefore we must be vigilant and selective in choosing ICO projects.

[Wan48189]

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.

[midaslordes]

In choosing ICOs you need to be mindful and wise, not just join here and join there because several of the ICO are scam. One tip that I can gave to you in choosing great and legit ICO is check if the bounty manager is reliable and has a positive trust rating because it will help you to choose a good ICO.

[calandra78]

determine an ICO legit or Scam is easy, almost 90% ICOs are legit. Almost all ICOs which have rating higher than 3.5 at ICOBench are legit.
although some ICOs only raise low amount they still have long-terms project which can make the token price increase. the key joining an ICOs is patience, not like trading altcoin you should wait few month or almost years to see your profit from the ICOs and if you lucky got sucessfull ICOs you will get higher profit than daily trading

[vladmiranda]

Not all are scams, as a matter of fact most arent. There are plenty of projects though that will fail due to lack of token usage.

[Alex09012004]

The first thing i look to is the project's team. If they have no experience or even profiles at LinkedIn, then i ignore this project.

[Zorane]

obv legit like Sonder ICO is nice example

[Btcalimie]

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, not all ICO is a scam so you must pick the better one. In choosing ICO you need to know or search the persons involve. The partner company's of that project and you must know the token contract.

[bit..what?]

More and more i think most icos are scam.
It is really hard to find a good and legal ico.
You really have to be careful these days.

[kiki52]

many ICO is scam now. they will get you money and run. but there is some ICO will have great product and good team to bring they coin going up. so i think if you can find some coin the promising one. that is legit.

[doroshok2]

I agree now scammers at every step, and it is extremely difficult to determine where the real project. But that doesn't mean it's impossible. And without luck of course not indispensable.

[Tamila]

ICOs are still a good way to make profit but just be careful when you pick one out to invest in as there are a lot of ICOs out there ready to take off with your money

[meukarat]

You can not really tell ICO if it is a fraud or not to be in a market with high interest rates. Some ICOs are really scam from scratch, others just become scam because they fail to increase their number of goals but there are others who really make wealthy investors. The only legitimate and feasible way of ICO is to offer something new and better than Bitcoin. It is very rare and difficult to do so. Especially since there are already nine or more alternatives to Bitcoin, which offer more anonymity or some other distinct real features than Bitcoin.

[Byzantium101]

ICOs are mostly legitimate, as long as you really take a little bit of time to know the team and make a basic research on the project. The are also rewarding sometimes.