How to avoid ICO scam

[hoangvanthang13]

I read that there are now developments in the field of software or a program that can recognize a scam based on an analysis of many factors. I hope that this is real.

[btsjimin]

Campaign manager reputation would really be a great factor that a project would be a good one but not precisely 100% but high chances that it wont be ending on scam but there are several managers which are newbie did able to succeed either those people are the project community manager itself do have experience on handling bounty campaigns. You can also risk on joining that if you do see its really worth to join on. Risk of being scammed is less but we should not say 100% because even how professional we are on a certain field there are really instances where we do lose up money.

[siremrak]

Keeping in mind the end goal to maintain a strategic distance from the undertakings that today are rubbish. The best alternative will be to set aside opportunity to completely ponder the task from colleagues, to the point where individuals and the venture are enrolled and still it won't have the capacity to influence that this undertaking won't be trick

[Dimas99]

no need to participate in the ico, if you don't believe it. because now I see that the situation like now is better to avoid joining ico, buy a coin that has a good concept

[sari_]

if you can see first who is managing the Ico. and what is the purpose and mission of Ico. and see the results of the sale are running or not, and the last one is on the telegram, bro.

[longngo280]

I believe that everyone has their own thoughts on this matter, and before I join, I always look carefully, not risky.

[Suwirump]

On the off chance that I need to do that I would investigate authorities advices list, there are some great ico specialists out there you can discover them on Twitter, after that I pick a portion of the best ones and afterward read their white paper and look at their group resume, and after that might be I pick maybe a couple of them or simply don't pick any of them, I'm difficult to awe and I don't prefer to free my cash.

[redhorsebeer1980]

Many ICO now a days are not legit.We can avoid illegitimate ICO by checking the flatform and programs.Some project are not synch to their softcap and hardcap.Be vigilant guys.

[kolitski]

There are many ways to do to avoid ICOs scam by looking at their website, whitepaper,roadmap and the telegram to communicate to the community, it is hard to be a victim of an ICOs scam. We have to research it very carefully their backround first.

[Alex_marik]

Before investing in ICO, I often study the project deeply. My advice is to pay attention to the fact whether the projects have their own finished product, since this is a kind of guarantee that this is not a scam, but a long-term activity of the ICO.

[airdrophunter]

no need to participate in the ico, if you don't believe it. because now I see that the situation like now is better to avoid joining ico, buy a coin that has a good concept

Deterrence is better than sorry. So many ICOs today that are just purely scam giving bad impressions to those who wants to invest in ICO for the first time and losing trust to other crypto investors too. There are only a few who has pure intentions and are true from what they have wrote on their WhitePaper down to their roadmap.

[kent47400]

It's very difficult to differentiate between successful IOCs and stalled ICOs.
All that needs more experience so that a successful ICO can be created.

Maybe experience is one way to be able to distinguish SCAM ICOs and not.

[cryptopreet]

scams can't avoided but following is the checklist which can be thoroughly examined before investing, check company's legal status, back ground of project,valuations, team & its background experience,achievements,advisers,product details,potential, usability,technology,future plans,problem/solution,marketing, branding, advertisement network,competition & competitors, token economy are the few things to check or take the services of professional who is competent enough.

[Bakery cream15]

I want to say, Today many ICO make their appearance and many of them become popular and known but others are fraud, unlawful or illegal. So Read more information about them in the forum and always ask any questions on their telegram or other chat platforms.

[mommysean]

It so difficult to detect scam.
maybe you should do some research first before you join in that project.
check their social media and the team.
so you don't waste your time joining in scam ICO.

[dimonarka]

It's complicated. Projects show us a beautiful picture and promise a lot. But in reality we have nothing. Therefore, you need to carefully analyze.

[Jannat76]

On a website I saw how to get rid of Scam ICO, they identified some signs as well  Weak Website or White Paper, Absence of Named Developers or Team Members, No Clear Roadmap, Uncapped Fundraising Goal, Evidence of a Pyramid Structure.

There are some signs like whether they have used Smart Contrat , whether there is a bad report about them, how their team is active.

Even then, I do not think these all reasons can handle a campaign well but reduce the risk if you notice these reasons.

[tobatz23]

The only way to avoid ICO scam is just don't invest in some ICO you just see for the first time, take a lot of research on that particular ICO you want to invest.

[anitalxy]

Do the following four points：

First, don't blindly invest in ICO.
Second, don't blindly invest in disguised ICO.
Third, don't trust the so-called professional analysts.
Fourth, don't touch illegal pyramid schemes.

[Fantastickarl]

I don't think you can get ico investing 100% in all your investments. You need to implore all those set rules to researching icos and now trust your instincts on when you want to invest