ozkan_samet (OP)
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November 19, 2017, 03:32:48 PM |
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Where can we find the trustable icos ? How can we solve the system if ponzi or not ?
99% of ICOs are scam . They collect fund from people and they are absent when the program start ?
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mk4
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November 19, 2017, 04:18:56 PM |
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There's no easy indicator if an ICO is a scam or not. Obviously, if a group or person would to scam someone, they're going to try their best to make the project look legitimate as possible; so it's going to be tough. You'd have to dig deep to have an idea if a project is possibly a scam or not. Some things to take a look at: - The team; make sure they're actually legitimate real people
- Read the whitepaper; and while you're at it, make sure it isn't just a straight up copy of another coin's whitepaper
- The github repository. Take a look if the code is actually being updated, and or if it's not just a copy of another coin's code
And those just barely scratch the surface. You need to dig real deep.
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Curated Crypto Airdrop Database
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ValhallaICO
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November 19, 2017, 04:39:39 PM |
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Start with the team.
Are each of them on LinkedIn? Do they list their affiliation with the company there (at least 75% of them should) Have they worked for credible companies that you have heard of, and respect, in senior positions? Now this is a BIG ONE: Do they have 500 or more connections? Is there any one of them that REALLY stands out as SUPER-AWESOME (Advisor/Founder/Vitalik himself?)?? Great....Is it listed on that persons' linkedin? If not, PING the person on LinkedIn and ask them is their affiliation is real.
If the team is ex-Soviet.......red flag (bad pun I know)
The read the whitepaper......but due diligence on the team is maybe 10 mins and anyone can do it.....Whitepapers are sometimes too complex for many readers.
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DanWalker
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November 19, 2017, 06:24:21 PM |
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First of all try to check their github. Second step is to check the founders, team members and advisors. The next one is to read a whitepaper. I'm always act in this sequence.
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GreatOrchid
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November 19, 2017, 06:28:49 PM |
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You have to make your own research about the team, the whitepaper, how good they are, you have to analize almost everything before putting your funds in there if you dont want to have a big loss if you invest in there. I lost more than hundreds dollars in a few icos on the past, and because of that, i am now only investing in those who are good, but almost perfectly projects, because i dont want to make the same mistakes again. It is a difficult task to find a good one, because a lot of them aren now being scam, but at the end, it is worth it.
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marriams
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November 19, 2017, 06:42:34 PM |
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Check the ICOs listed in the ICO launch platform. Read about the project and the plan and determine if it is useful for the blockchain business and if it has potential. Check if they have a prototype and if they are a well established team - coming from a technical company shifting towards blockchain or having a history of projects delivered together. I do not understand people looking at how many connections or likes or followers some have. Why is this relevant to the success? This is so superficial. You can even buy very easily likes and followers and tweets. Guys, do not buy the fake hype. Buy the project.
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bountyjunkie
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November 19, 2017, 06:45:45 PM |
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I wish there was a straight answer to it. May be we will see some solutions happening around it soon.
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Superways
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November 19, 2017, 06:48:09 PM |
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Read carefully what they are presenting for you. If they have a business model with high potential of profit for the investors and they have legit team members then you have to invest in that ICO. For the future benefit you have to read what they are having in their whitepaper for the investors and for their crypto community.
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APICEMTECH
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November 19, 2017, 06:53:21 PM |
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There is no one place where you can go and find a trustable ICO. Also I am not sure what is the definition of trustable for you. For me when I am looking to invest in any ICO I look in the problem that the ICO is solving, do they really need a blockchain to do it and lastly the team behind the project.
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thepo1m
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November 19, 2017, 06:55:25 PM |
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There is nothing like trustable ICO, what I realise is that most of these developers are committing fraud with the design of their ICO structure but don't know or just taking advantage of people. Just look into the project very well before you invest into any project
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rayk
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November 19, 2017, 06:56:07 PM |
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Where can we find the trustable icos ? How can we solve the system if ponzi or not ?
99% of ICOs are scam . They collect fund from people and they are absent when the program start ?
If 99% of the ICOs are scam, and if you are trying to find a ico that is not scam, it means you are not a smart person at all, how can you find the one out of 100 ICos ?
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Superways
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November 19, 2017, 06:59:20 PM |
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Where can we find the trustable icos ? How can we solve the system if ponzi or not ?
99% of ICOs are scam . They collect fund from people and they are absent when the program start ?
If 99% of the ICOs are scam, and if you are trying to find a ico that is not scam, it means you are not a smart person at all, how can you find the one out of 100 ICos ? I have invested in many of the ICO and I have got a good profit in that. It only need smartness then you will earn. Like every project owner add their coin to the exchange and in that time if you have coins and you have bought them at the early stage of ICO when you have got a high percent of discount then you will sell them and will get the discount as cash.
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carlo.p
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November 19, 2017, 06:59:31 PM |
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Just regularly browse this forum. I agree almost 99% of ico are scams but here in forum legits ico are commonly announced there are some trusted persons here in forum look for them and search for the ico that they promote
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KingScorpio
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November 19, 2017, 07:23:36 PM Last edit: November 19, 2017, 07:40:36 PM by KingScorpio |
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There's no easy indicator if an ICO is a scam or not. Obviously, if a group or person would to scam someone, they're going to try their best to make the project look legitimate as possible; so it's going to be tough. You'd have to dig deep to have an idea if a project is possibly a scam or not. Some things to take a look at: - The team; make sure they're actually legitimate real people
- Read the whitepaper; and while you're at it, make sure it isn't just a straight up copy of another coin's whitepaper
- The github repository. Take a look if the code is actually being updated, and or if it's not just a copy of another coin's code
And those just barely scratch the surface. You need to dig real deep. jes this also creates the issue that someone who doesnt want to scam cant earn trust but wants to build a productive business with the funds and cant do anything regards
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MartiniBlanco
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November 19, 2017, 07:24:36 PM |
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Where can we find the trustable icos ? How can we solve the system if ponzi or not ?
99% of ICOs are scam . They collect fund from people and they are absent when the program start ?
I always have a look at smithandcrown for some new and cool trusted ICOs. You can also find some good ICOs in bitcointalk, if you follow some good members ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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slaman29
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November 19, 2017, 07:31:43 PM |
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You basically can't. To trust an ICO you either have to trust:
1. The development team and project management. Don't think that big names attached to ICOs will protect you here. These big guys earn money up front for advising and advertising and marketing the project. They have nothing to lose, everything to gain (ok maybe they have reputations to lose but people like Dan Larimer had a bad rep for Steemit and still did extremely well with Eos, right?
Hmm, actually that's it. If you can trust people, then you trust ICOs. If you can't... like me, then you simply don't trust any ICO.
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KingScorpio
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November 19, 2017, 07:41:51 PM |
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You basically can't. To trust an ICO you either have to trust:
1. The development team and project management. Don't think that big names attached to ICOs will protect you here. These big guys earn money up front for advising and advertising and marketing the project. They have nothing to lose, everything to gain (ok maybe they have reputations to lose but people like Dan Larimer had a bad rep for Steemit and still did extremely well with Eos, right?
Hmm, actually that's it. If you can trust people, then you trust ICOs. If you can't... like me, then you simply don't trust any ICO.
you will lose with this attiute as well actually
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lady Royal
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November 19, 2017, 07:44:19 PM |
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You cannot find trustable ICO’s and in start we cannot tell whether it is trusted or not so it is upto you use your senses and search about the ico check the history and when all points get cleared go for the ico however I don’t like ico i have lost some money in it.
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swaptaker
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November 19, 2017, 07:46:13 PM |
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Where can we find the trustable icos ? How can we solve the system if ponzi or not ?
99% of ICOs are scam . They collect fund from people and they are absent when the program start ?
There is no special place to find trusted icos. You need to investigate them one by one to find really trusted and legit ones. In the opposite case, you find yourself dealing with scam ones.
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KingScorpio
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November 19, 2017, 09:38:32 PM |
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Where can we find the trustable icos ? How can we solve the system if ponzi or not ?
99% of ICOs are scam . They collect fund from people and they are absent when the program start ?
There is no special place to find trusted icos. You need to investigate them one by one to find really trusted and legit ones. In the opposite case, you find yourself dealing with scam ones. how can a financial system then work under this conditions? how can human corporation work? how can economy work then? if this is what cryptoeconomy is all about its not able to run a societies economy, you will end up buying eggs and rice for your bitcoin
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