ICOs are a legit or Scam?

[adekogbe]

ICOs are very tricky and extremely risky investments. This projects  are mostly too technically inclined for the ordinary person to understand and sometimes it's on purpose in order to confuse people.
Most icos are far ahead of their time and will not have a real user case in the nearest time so I think it is best to invest in infrastructure projects as the great ones will be the future of the blockchain technology.

[jcarlo]

ICOs are very tricky and extremely risky investments. This projects  are mostly too technically inclined for the ordinary person to understand and sometimes it's on purpose in order to confuse people.
Most icos are far ahead of their time and will not have a real user case in the nearest time so I think it is best to invest in infrastructure projects as the great ones will be the future of the blockchain technology.

Its true that making investment in ICOs very high risk. But many good ICOs with good developers. ICOs market is like a jungle because no regulation can touch it and i think we need regulation to avoid scam ICOs

[fuer44]

one or more years ago, ico was very legit. both for bounty hunters or investors. the former ico, has a good exchange rate and always gets success at the end of the period so the bounty hunters get good rewards and investors also get good profits too. for now since the market down, ico also has an impact on the length of the launch process at the exchange marke so that it is detrimental to investors who have invested their money but cannot sell again because the token has not been launched on the market exchange. Current bounty hunters also have to be patient longer to wait for that.

[Thomson-Winter]

Nowadays there are many ICO projects that are scams but not the whole, so we need to analyze carefully before deciding whether to join or not.

[LickKing]

The legitimacy of the ICO has been constantly controversial, and the regulatory ICO will make the cryptocurrency lose its anonymity. Failure to regulate ICO fraud projects can harm many investors. This is a contradictory issue. The ICO will decline before the new technology arrives, and even the ICO will disappear in the future. The new way will be more popular with investors.

[Lubang Bawah]

2018 is a difficult year for ICO, this is because there are too many ICOs, even today there are more than 400 live ICOs, the number of ICOs certainly makes investors confused so ICO is difficult to reach softcap.

[briton]

Of course there are legit and scam ico and you have to be able to learn about it so that you don't misstep, learn in detail until you really understand

[daicavung]

2018 is a difficult year for ICO, this is because there are too many ICOs, even today there are more than 400 live ICOs, the number of ICOs certainly makes investors confused so ICO is difficult to reach softcap.

The ICO is still widespread in the cryptographic market, and I do not think that any ICO will ever be successful with capital mobilization, as investors are worried about the value of the coin. decrease when exchanged. But some good ICOs they do not need softcap, they have enough capital, maybe they raise capital to add and only promote their brand to the main investors.

[magowapatonce3]

I think, here are many ICO's out there.But be cautious in picking a project.We may never know whether its a trick or not. It is by one way or another hazardous. Be that as it may, read on their string at that point watch out about their group and read about the undertaking as well.

[U2018]

Ironically, the current ICO project has been difficult to tell the truth, because they have perfect white papers and detailed project introductions, but in the end they all disappear!

[guffie]

Investing in an ICO project certainly has risks and of course, we don't want to get a fraud project. The ICO project is a good opportunity because it can give us jobs. Therefore we must be careful when choosing an ICO project. We must do research such as checking website appearance, checking project developer teams and managers, and achieving token sales. And this, in my opinion, is a good step before determining the project.

[Ngewex Yuk]

There are both legit and scam ICOs in the crypto world. The responsibility of an investor is to check the authenticity of an ICO before the investor participate in it.

Nowadays it is too difficult to find legit ICO, most are scam because making coins or tokens is too easy, moreover code can be learned overnight, this is what makes us have to be vigilant in choosing good ICO.

[shinratensei_]

ICOs are very tricky and extremely risky investments. This projects  are mostly too technically inclined for the ordinary person to understand and sometimes it's on purpose in order to confuse people.
Most icos are far ahead of their time and will not have a real user case in the nearest time so I think it is best to invest in infrastructure projects as the great ones will be the future of the blockchain technology.

Its true that making investment in ICOs very high risk. But many good ICOs with good developers. ICOs market is like a jungle because no regulation can touch it and i think we need regulation to avoid scam ICOs

The only regulation that will prevent the scam ico of any country give a mandatory for every ico to be registered and verified by the regulator. But this is not effective because every country has its own regulation and if there was an ico that runs outside of the country that created regulation and then there will be no regulation to be applied on its ico

[Thomas-s]

Investments in ICO are more profitable because you get more profit than with coins, but the risk is even higher because the company after the investment can be a Scam.

[micairvas]

Use google. Try to find out about team members. Whether they were involved in any unsuccessful project. Carefully check all project documents. And save them.

[judeafante]

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.

Even if the ICO is real and legit it doesn't guaranty success and profitability, it must be something that the community wants and can generate interest for the cryptocurrency community some of the ICO now is just imitation of the past ICO the failure rate of some ICO are very high now.

[chenhaonan]

Many ICOs are not legal. They are almost all private financing without government background. High risk and many are scams. I don't think the current icos are effective. Many of them will not succeed.

[Natalim]

Many ICOs are not legal. They are almost all private financing without government background. High risk and many are scams. I don't think the current icos are effective. Many of them will not succeed.

The legality depends on the law of the land of a certain country, it could be legal or illegal and some does not have a regulation on ICO yet so it's
allowable. Scams are everywhere and stopping ICO is not the solution to that, but every investor should be knowledgeable in order for them to be a responsible investor.

[jackylion]

Use google. Try to find out about team members. Whether they were involved in any unsuccessful project. Carefully check all project documents. And save them.

oh, this is pretty cool, i have never known this test, but i will use it to analyze and understand the project development team, maybe this will be great, to know the How does this exist and are they really members of the project?

[mr.relax]

As on any crypto-investment page:
Check if members are real and known (g.e. for former scams), check if memberspictures are real(Google compare pictures)
Check if website is hosted anonymous(An absolute WARNING SIGN).
Check if ICO-token is only a utility token that might only be used for the services of one company(not good).
Check if the token will be converted or is already a cryptocurrency with an own blockchain(good).
Check the company. where is it registered if at all...
Is it regulated?(Most are not)
Does the developped software bring real innovations and will they have a real need and market in future?
Is there anything already devellopped or is it only an idea(not good)?
Do the Whitepaper explains details, or only dusty general info?
Is there a bounty campaign connected to the ICO(not good)?
Does it make sense for the investor to spend his money in that project or could the project also do investment funding via classic startup funding?
(Just remember, you have NO rights as investor in ICO, but you have as shareholder...)
Dont believe in ICOratings. Almost all are bought.
The "experts" are in most cases connected to commercial ICO-PR Teams. Paid by the ICO...


So if you check this, you will find that at least 80% of ICOs are bullshit and only good for the Company, not for the investors.
And in reality almost all ICOs failed, just a small percentage succeded for the investor in the past.

I you are not a real expert by yourself, avoid ICOs, as you will loose. History has proved that.