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Author Topic: Good ICO or scam  (Read 160 times)
wanderloy (OP)
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January 19, 2018, 03:55:18 PM
 #1

Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.

Draguny
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January 19, 2018, 03:59:00 PM
 #2

-Talk to them (Telegram)
-Whitepaper
-Research google and anything you find
-Think about the project with your own logic (realistic?)
-Check what they have done so far (Product?)
-Check community response
-Check token structure (marketcap/bonus/suppy/price) and if that sounds good or hyped


Just a few things. Nowadays there are quite a good ICOs to invest in Wink
speakoo
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January 19, 2018, 04:01:53 PM
 #3

Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.
Product is the most important factor to me when judge an ico is good or not.
Then I will check the team is strong or not.
At last I will see the advisor team.

ghonkz
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January 19, 2018, 04:04:30 PM
 #4

A good ICO have a good team behind it, try to do little research about it. And make sure you really know what project they devlop
mamabtc
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January 19, 2018, 04:04:52 PM
 #5

Usually i check them out here - https://www.icoalert.com/

I read the whitepaper because I want to see what the project is about. If i see that it might be sustainable or potentially growing in the long-term, then it is a good ICO and i might invest.
mummybtc
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January 19, 2018, 04:09:43 PM
 #6

Scam

If the profile of the developers can't be found in public just run the era of hidding and looking to be the new Satoshi, also if the team is saying just give us your money first then we develop. Another thing to consider is the token size the team is looking to hold and the lockin period
Specialforce
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January 19, 2018, 04:12:26 PM
 #7

doing your research can know what are the good ICO or scam ICO by doing this you can exclude those scam to those are not and also you can get avoid being a milking cow by reading their white paper and also checking some background information about the dev team

setifien19
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January 19, 2018, 04:13:00 PM
 #8

Read carefully all what's related to it ( whitepaper, road map , product/service/problem it tends to resolve , token structure ( as well as the supply ) , and even popularity and acceptableness
ryjin1007
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January 19, 2018, 04:15:36 PM
 #9

You need to look every single tiny details they got from whitepaper, roadmap until the project. We the community will be the checkers and determine if the project is a good ICO and lastly be active on the telegram because most of successful ICO's are so very active at the telegram admins are chatting as well as the devs
klub88
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January 19, 2018, 04:17:42 PM
 #10

"Good things:
- Good team
- Popularity
- Good famous investors or investors or advisors
- Average cap

Bad things:
- A team of nobodies, bad or no advisors
- Too high or too low cap
- No idea, or a non-original idea"
AlexanderAnthony
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January 19, 2018, 04:19:53 PM
 #11

Some of the things to determine if the ICO is good or scam is their background, project, partnership, and white paper.
And I can proudly say that daneel is a great ICO because it is created an A.I. that will help cryptocurrency investors especially the beginners about what is the cryptocurrency because we all know that some beginners feel overwhelmed with a huge amount of information in cryptocurrency daneel will help you, it is your partner and also daneel.io is in partnership with IBM that is one of the reasons why it is great and as of now even though our ICO haven't released yet we already had 3500 white listed members.

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January 19, 2018, 04:20:19 PM
 #12

Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.

This is indeed not very easy but i start with looking at the project and seeing whether it solves a problem then i look at the team to see if they are experienced enough to make the project a success

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January 19, 2018, 04:20:39 PM
 #13

it is very simple,
just look at the way they're designing the ann,you will see that they're the good one or the bad one.
but do not get fooled by them,
even a project with an existing product can scam people,
in the past few years ago,we could see that.

for me,it would be better for you to avoid any kind of ICOs,
because most of them are shit and nothing good will happen to the investor(most of them).
kpierce77
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January 19, 2018, 04:25:21 PM
 #14

there are many ways to determine it. it is important that you have to research and search for valid data from trusted sources
Tenten92
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January 19, 2018, 04:30:48 PM
 #15

Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.

You should check them out:
https://github.com/
https://telegram.org/
https://bitcointalk.org
Keep track of community comments about it. Number of participants ico
wanderloy (OP)
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February 10, 2018, 12:56:31 PM
 #16

there are many ways to determine it. it is important that you have to research and search for valid data from trusted sources

Research and spotting Good ICOs aren't effective because everything can be copied and be place in the internet that are too good to be true so I think there are some effective ways on how to figure out which one is better than the other so internet does gives us a lot of resources but most of them are fake and unreliable, isn't it?
I just try to prove that the reputation of Social Media and Telegram Channel is one of the effective ways on how to spot scam ICOs, I suppose.

dongyi17
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February 10, 2018, 01:31:52 PM
 #17

When there is many investor, many campaign participants or member, good ICO rating, active telegram, if there is white paper or spread sheet and if their project is well known those are the ways to identify whether they are legit and not scam, study and check them from time to time, and if also their campaign manager is always on update to all that is happening.

troleybüs
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February 10, 2018, 01:40:46 PM
 #18

I check out their whitepaper and website. See who owns it, how many years registered domain etc.
If they copy some other project or is project really legit etc.
I check team members one by one, also advisors (if they have any).
If it's a token I check smart contract, token supply, expected value etc. There are too many things to check if the project is legit or scam.
anylic
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February 10, 2018, 01:44:08 PM
 #19

The first thing to define a good ICO is to rely on the team and the project platform. Then we will identify and track the route of the project. There are many good projects but for some reason the project is delayed. Every project needs time to perfect the product and we need to wait patiently

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February 10, 2018, 01:56:10 PM
 #20

Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.

There were made a lot of answers already. I want only say that after you get an experience in the field of ICO choosing you will improve your intuition at this matter. Sometimes even after a deep research my inner voice influence to my decision a lot.

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