How to recognize scam

[prehisto]

 There are a lot of thing that can throw me off the project , Idea, country, design of the social media.
 Quality of post and information, there are a lot of projects which i do not research if something seems off, there are a lot Icos and there is  no use of giving my time to shady ones.

[1714765767]

1714765767

[1714765767]

1714765767

[1714765767]

1714765767

[anahata]

Inexperienced team with little or no work history. Too much bonus during pre sale. More than 20% tokens kept for founders/organization. Unable to explain the fundamentals behind their token in their telegram/discord etc. No vesting for an year at-least. No git hub.

[aleksandra_kickcity]

Inexperienced team with little or no work history. Too much bonus during pre sale. More than 20% tokens kept for founders/organization. Unable to explain the fundamentals behind their token in their telegram/discord etc. No vesting for an year at-least. No git hub.

I would add - no communication

[jekyde]

Most scams play upon basic human qualities that everyone has to some degree. Many of these qualities are not very flattering. they include traits like fear, vanity and greed. con artists have leveraged these traits for hundreds of years -- play upon a person's greed and you can convince them up is down and cold is hot.

[404edson]

It was important to know the team background, identity, and how they response the investors for a brief and smartly pointed subject. And also it should be or atleast they have a ready made product which will be the best bases to get the attention of every investors on how it will works with the community either it efficient or convenient to every users.

[arkond]

To detect fraud, do not rush to invest. Be patient enough to explore the project, check out several ICO review spreadsheets, check out what the project is, details about the team and past track record, Browse the social media platform and pay attention to investors ' comments. Do not invest base on followers on social media platform, invest because you have done your detailed research.

[harimauagam]

I do not know about it that it is certain to recognize it I just see the person who commented under it or can also see from the spreadsheet that does not count its position.

[pacho08]

Contact the publisher behind the ad. If the scam originated from an advertisement, let the publisher know about what happened. Many print and online publishers take scams very seriously and would appreciate knowing about problems with their listings. Look up the customer service phone number or e-mail address on the publisher's Web site.

[Adil Amim]

If you want to recognize a scam then you should be ready for spending a little bit more time than you used to be because it needs research so you will be able to find out some information that you can use to help yourself in making a decision for judging an investment and you should be aware of the basic types of scam.

[coinscircle]

Well they're pretty easy to discover. No team, bad spelling, bad marketing, no SEO, fake followers, fake attention, nobody has heard about them, no whitepaper, bad response rate, bad reputation on other forums, known scammers running, etc. An ICO is showing signs of fraud that will continually change ICO dates on the exchange. I can't say that those you've given signs are correct but yes that might be a helpful one indeed

[strongwarrior238]

I read some ICO on their ANN threads, websites and really for the composition of the team but I am merely on teams because some of it can be faked so easily but I am deeply researching every details they have just like webinars or discussion because it turns out that is true. Most importantly, pay attention to the team, if the scam then there may be fake names, use the search to search for all the photos of the team. In my practice, there are already two projects that used fake photographs

[zapata]

It would be nice if there is already a working version of the product, also if you have already raised funds before the start of ISO of some kind of investors. Carefully check any information in all sources. Before investing in a project, we must first understand their white papers, road maps, teams and all kinds of information, of course, observe the attitude of people how it is, try not to find some sites are not doing well

[dasha_buka]

Many scam projects operate in large-scale terms about changing the world and over profits. All real projects are trying to bring innovation to the current market, and do not particularly shout about it.

[raahi]

The initial coin offering which is a scam are under the names of the companies that have committed these scams before in a usual case so you have to check the name of the people involved if any one of those people have been involved in fraudulent activity before then investing in that particular firm may not be a good idea

[markers]

Fully agree with topic starter. The chance to directly speak with the founder(s) and discuss the project can't be overestimated.   

[zerrtty]

You can simply try to find different information about people, technologies, past experience of this team. If there are no references in search engines, it is probably scam.

[mitchel_am]

My strategy is to start with the whitepaper reading. I think you can find a lot and you can observe if the project is a strong one

[simarpreet1102]

We are able to find that the ICO or bounty is scam or not by its website and other information that they are sharing with us ,also the information that they are giving to us we have to check about that topic links in google search and check its past, also we have to check the participants of bounty that they are real or not

[Be_Happy]

For me, the absence of a smart contract is a sign of a scam. Such projects do not want to provide protection for investors and bounty hunters, they just write beautiful promises.

[DRCCommunity]

In order to be able to rate projects transparently by the community and professionals crypto needs a decentralized solution.
We are tackling exactly these kind of questions by rating projects with DRC using Blockchain Technology. DRC Incentives  the Community in conjunction with Professionals to assess projects and help create standards in crypto projects.

Distributed Regtech Platform (Abbreviated for DRC) is a professional and intelligent risk control and management platform based on blockchain, which sets up an “autonomous, mutually trusted, professional and transparent” distributed network for regulators, innovation projects and professional risk control agencies.

Check out Website  and https://bitcointalk.org/index.php?topic=3205257.0  join our Telegram for more information.