Ayamj (OP)
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January 05, 2018, 10:45:33 AM |
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I need advice from those that has been participating in ICO for long , how do i know than an ICO is a scame early enough what are the signs. thanks
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lutcor
Jr. Member
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Activity: 448
Merit: 1
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January 05, 2018, 10:47:57 AM |
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Do you offer services to identify benches projects? I did not understand a little about what it was all about or whether the branch was created to define benches projects? Explain please what is in question here.
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iozver
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January 05, 2018, 11:48:42 AM |
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The very first sign is when on a preliminary sale they begin to sell a large number of coins at a discount. Stretching the timing or shifting them is also a sign.
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rudolfaxl
Legendary
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Activity: 1372
Merit: 1001
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January 05, 2018, 12:20:58 PM |
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I can't be sure at any bounty campaign until I get paid. To choose a good campaign mostly I rely on a team and hype around the project. Second thing is the discount. I try to avoid projects with 50%+ of discount even at presale.
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sebinator
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January 05, 2018, 12:21:41 PM |
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If the project has no real team, you can probably assume that this ICO is a scam. I know that there are a few projects with anonymous devs, but they are exception.
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Hellobx
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Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
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January 05, 2018, 12:26:51 PM |
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I need advice from those that has been participating in ICO for long , how do i know than an ICO is a scame early enough what are the signs. thanks
You can find these reviews on some of ICO's benchmark sites, analyze each of the ICO projects, and you'll get the answers you want.
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Emilyp
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Activity: 546
Merit: 10
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January 05, 2018, 12:55:28 PM |
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Please what of projects that has high percentage discount but those early investors tokens are locked for a period of time and released gradually., are those still considered as scam ICOs?
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macchiato
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January 05, 2018, 01:01:17 PM |
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Fresh ICOs can't be easily found in icobench and icorating but that does not instantly means that the ICO is not legitimate. You still need to lend the ICO some time. You can also see the credibility of the manager to know whether it is fake or not. Read their whitepaper and scrutinize details.
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Nana_Marini
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January 05, 2018, 01:03:08 PM |
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I ever what you feel guys. I had been joined in an ICO for early in campaign the manager active and often online give the progress of ICO but the end of limit campaign the manager offline until now So, be carefull guys when we decide join in an ICO
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Snarks
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Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
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January 05, 2018, 01:04:17 PM |
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It's a scam when there's very generic information in the white paper, the photos of the team members are taken from people unrelated to the ICO and their names don't match up.
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Gabz999
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January 05, 2018, 01:07:07 PM |
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I need advice from those that has been participating in ICO for long , how do i know than an ICO is a scame early enough what are the signs. thanks
Scam ICO's are really hard to identify whether it is a scam or a real. Better to have a research first about the projects and the developers behind that project before invest your money to them. Some projects don't have their clear informations like background of the developers and purpose of that coin to industry and community.
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penig
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Activity: 266
Merit: 13
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January 05, 2018, 01:07:35 PM |
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If coin is heavily promoted through fanbois being paid from bounty programme with nothing detailed about the project, its probably at the scammy end. It may still do well price wise, but doubtful there will be a meaningful long term delivery of product and service.
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Ayamj (OP)
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January 05, 2018, 03:57:29 PM |
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i have participated in some ICO and i can swear the where real until the disapeared, its realy hard identifying them u know?
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Crasengover
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Merit: 103
Proof-of-Stake Blockchain Network
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January 05, 2018, 04:10:39 PM |
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First of all is check each team member, if their linkedin account are real. If they are active in social accounts and if they promote their project everywhere. Also check how many people are in their telegramm and how supporting the team is. Read and watch reviews and ICO ratings. Good ICO usually has a huge hype.
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Beerwizzard
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January 05, 2018, 04:14:28 PM |
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Nothing could be better than making a research in the internet and reading the project's white paper. Just look thru different forums, maybe someone already had any experience with the same project. You should also read thru the whitepaper carefully and check all information. For example some scsam ICOs placed pictures of fake team members and advisors so on the early stages it is important to check linkedin profiles for some references to this project. Just try to dig everything what seems suspicious and discuss it with the community.
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charlie137
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(ノಠ益ಠ)ノ
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January 05, 2018, 04:18:17 PM |
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unfortunately even successful ICO can turn bad in no time. all you can do is to keep an eye on it 24/7 (rule #1)and catch the dump. or use notifications if ICO is on one of the sites you can pull meta from. it takes a lot of experience to spot a fraud, observe and study is good with small investments. and of course, you can make good cash with scam ICOs - just follow rule #1
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/__ ___ ( / \\--`-'-|`---\\ | AXErunners |' _/ ` __/ / '._ W ,--' |_:_._/
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Maveth13
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January 05, 2018, 04:27:52 PM |
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If the whole team is constantly exposing themselves to the public trying to promote and work on their project, then It's pretty much enough for me to trust the project. Though this will still not ensure that the ICO will be a success. And even if it did, most new coins are useless anyway.
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cryptoux
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January 05, 2018, 04:29:27 PM |
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I need advice from those that has been participating in ICO for long , how do i know than an ICO is a scame early enough what are the signs. thanks
If the whitepaper is good to be true,you can check the legitimacy of developers previous works to be sure.
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lutcor
Jr. Member
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Activity: 448
Merit: 1
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January 08, 2018, 09:43:48 AM |
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A good idea here is to fold the ICO which turned out to be benches. But it is unlikely that something will come out of it because very few people take it seriously, what is written here and to what in order for the project to become a scaffold, very good reasons are needed
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bitcon
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Merit: 1008
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January 10, 2018, 03:20:43 PM |
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I need advice from those that has been participating in ICO for long , how do i know than an ICO is a scame early enough what are the signs. thanks
If the project has an anonymous team, then there is a huge risk of getting scammed and I try to avoid such projects. You also need to see if the team has experience in such a field and how promising the idea will be.
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