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Author Topic: how to choose ico that is not a scam? i newbie many ask  (Read 510 times)
IlfarIldarovich
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February 24, 2018, 01:56:36 PM
 #21

Pay attention to the idea of the project ,see all the documents , white paper . Check the team to see if there are any partners from successful companies . There are a lot of factors , sometimes everything seems to be perfect , look at 5 + , but actually turns out to be a Scam
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YaNinaMurmansk
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February 24, 2018, 02:01:16 PM
 #22

To find a good project it is necessary: to understand how everything is arranged. Maybe there is a mentor who can help in emerging issues. You need to study the project, read the white paper, the route. To understand whether the project is long-term. What budget is allocated. After making a decision.)
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February 24, 2018, 02:06:53 PM
 #23

To choose ico that is not a scam, you should first read the whitepaper of the coin you are to invest to. That is probably the thing that you need to do in order for you to do. And if you found out that their project has a cause, then go and invest.
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February 24, 2018, 02:07:33 PM
 #24

I'm not a teacher, but this is what I think  Wink. To invest in an ICO I think the most important is to do a thorough and detailed investigation of all aspects of the project and the team. See if the project has a real application, if what it proposes is feasible, real advisors and who are committed to the project, if team members are active and show their identity publicly and at events, investigate past projects in which the team members have involved, and so on. And finally, don't get carried away by the hype or the opinions of others, trust your own criteria.
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February 24, 2018, 02:12:06 PM
 #25

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance
we need to be careful in finding ico for us to follow. especially now that many ico are scem sometimes, so we need to know and understand the iconya also or not we follow-follow monitor just continue.
Iyeman
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February 24, 2018, 02:14:30 PM
 #26

To choose ico that is not a scam, you should first read the whitepaper of the coin you are to invest to. That is probably the thing that you need to do in order for you to do. And if you found out that their project has a cause, then go and invest.
Whitepaper could be faked, simply hire someone else who has experience on writing whitepaper and trying to make it don't looks fishing and do proofreading, then you get a whitepaper.
What matter most in my opinion is the member of the developer team. If the people there is well known. big chance that the project won't turn out to be scam.
There's already so many project that have whitepaper, making good looking website, but ended up to be scam, so whitepaper can't make certain whether a project is scam or not.

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February 24, 2018, 02:14:38 PM
 #27

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance

1. You look at the team. Because if they will just take your money and wanish that will be worst that can happen.
2. You look at the team. Because if they will just take your money and set themself good salaries for their CEO, ... positions and enjoy their time on some beach that will be second worst thing that can happen.
3. You look at the team. Because if they are incapable to do what is written in their whitepaper that will be third worst thing that can happen.
4. You look at their product. Because if blockchain in their product is used just to make an ICO and beside that they can have just normal much cheaper central database their product will not be able to compete. And to support product that cant compete is fourth worst thing that can happen to you.
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February 24, 2018, 02:19:56 PM
 #28

First of all, a good ICO project has a good team and marketing team, and good ICO project is very hot, which can be judged from the number of telegram group.
But now that the entire cryptocurrency market is in a bear market, investing in ICO is not a good option.

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February 24, 2018, 02:22:22 PM
 #29

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance

Been encountering the same old questions. Better if you just scroll through the pages, there are several posts about this same topic but to answer your question here are some key points to consider:

1. Team/Developer
2. Working  Product
3. Roadmap
4. White paper
5. Expert's critics and reviews (There are sites for this.)
 

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February 24, 2018, 02:29:07 PM
 #30

Check project have list on popular ICO website or not, check their telegram channel , read project whitepaper, check their pre-sale or private sales collect how much fund, go to YouTube search project reviews, if everything is ok then project safe to invest

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February 24, 2018, 02:32:21 PM
 #31

The first and the most important thing to do is READ! Do a complete research about the project. Know their goals. Is it realistic or not? Scam projects usually makes bold claims, even if the project offers nothing new. Study the whitepaper, this is where you can find the specific explanation on how their project works. It is also relevant to know who is behind the project. Check their backgrounds and if they have been involved in previous projects.

CORNUCOPIA    || Gain Access to Amazing IPOs || [ Pre-Ico 2018 ]
          
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February 24, 2018, 02:45:49 PM
 #32

Check the ICO if it is active or not, and try to check their facebook , twitter bounties some of reviews in Facebook. They said that the project is scam, I experienced it last time also check their Bounties, White paper and other information about the ICO
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February 24, 2018, 02:55:30 PM
 #33

read the whitepaper and see their project, if the team is activ and popular then you can sure about this ico, so you will find before invest.
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February 24, 2018, 03:01:33 PM
 #34

Just research a lot about that ico. Reading its white paper and all about the information of their project, knowing all the dev team members if they are all experienced and also watching theres videos all about there icos.

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February 24, 2018, 03:05:08 PM
 #35

There are some resources available. These websites score ICO's: icotop.io, icospedia.com, wiserico.com, icomarks.com, icobench.com, foxico.io, trackico.io. Of course like most things crypto, it takes time and experience to develop a discerning eye.

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February 24, 2018, 03:12:21 PM
 #36

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance

Even a project has a transparent team, bright roadmaps and good whitepaper, we can't say that 100% they will not turned into scam.

So to minimized it, we must consider these things:

-Media Exposure
-Helding a conference
-Reviews about the project in certain crypto forum and platforms (bitcointalk, reddit etc.)

Still not an assurance though but at least we can minimize the risks.

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whirlcoin
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February 24, 2018, 03:20:05 PM
 #37

Hello guys... Wink

the development of the era, the more advanced technology and now ico many scam, I am here want to ask how to choose ico how?
please enlighten the teachers here
I need a lot of guidance
The first thing we need to study their whitepaper if it was copied from another project then it is a scam project but now a days most of them.are doing scam project in perfect way so we need to research about their team and the roadmap also important,if any of them is suspicious then it is chance for the scam project.
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February 24, 2018, 03:33:34 PM
 #38

The best way to choose good ICO is to following good ICO influencers , you can find on social media, telegram, youtube etc some of them have spreadsheet you can follow as well. One of them is Ian Balina etc .
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February 24, 2018, 03:45:38 PM
 #39

To choose ICO that is not scam is to read more in whitepaper. Whitepaper can help you to know the concept and platform of the ICO. In this way, you will know more in ICO and the roadmap of there perspective in there ICO. Choose an ICO that has a unique platform and a unique to have a great allocation and sometimes it is great to achieve there hardcap in there investment of ICO. Sometimes, advisors is a big help to its ICO because advisors are going to advice the ICO leadership and it can help to achieve the ICO there desired platform.

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February 24, 2018, 03:47:43 PM
 #40

There are so many ways to find out a legit ICO project to invest. At first you can try to use icobench or icoscanner to find out good ICO project. Beside if you have enough knowledge about ICO project you can easily find out good ICO project by yourself by checking WP, dev team and Roadmap. At last I often use this way to find out good ICO project, it's find bounty campaign that managed by legit bounty manager like Yahoo, deadley,....these managers only manage bounty campaign of good ICO project only Smiley

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