how to distinguish the good ico, ico scam

[allcryptominer]

Hard to do but with proper research at least you can lower your risk of getting scammed. Always check the team behind the ICO, are they real, do they have the skills etc...Read whitepaper and reviews online from websites like icobench and similar. And never invest more then you are ready to lose.

[patz22]

It is very hard to find or notice which ico is a scam or legit. There are ways for us to identify which is which but still there's a high risk when it comes in investing into Ico's. And for me these are my steps.
1. Check the concept of the project and compare it to the other project and see if they are like the same like most of content came  from the other
2. Roadmaps - check their plan if it is possible to get their goals in the given timeframe.
3. Team members/developers- always do like a backround check (achievements, prev. project etc.)

I know there are still a lot of ways but see whatever it is, even though we have checked all in our checklist there's still a chance that we end up investing into a scam Ico.

[pigheadbig]

Now, I think the most important way to avoid ICO scams is another ICO mechanism, such as DAICO or at least some third party escrow. The investors should know how this funds are spent and if it is possible to earn money.

[Raist]

how to distinguish the good ico, ico scam

If you earn money on the ICO - it is a good one. If you loose money on ICO - that's scum for sure!

[NaXxow]

what if the tokens are unlocked for ICO participants and the rest of the tokens are locked for 6months to 1year (devs fund/future marketing/bounty, ETC). I saw that BelugaPay are unable to release the funds for bounties right after the ICO, it will take atleast 6months to distribute it. The bounties are more than 4months duration.

[Entei]

In the present day is complex to perform this analysis, for example: There are projects with great development and with high dissemination and in the end up failing, on the other hand, there are projects with little structure of development and promotion is medium and  becomes a success. In my opinion a survey of investor interests can help, usually great attention is generated for projects essential on a day to day basis.

[xuan87]

It's very difficult to do that, nowadays many scammed ico disguise in a very best way, in ico we don't get a lot of security, we invest based on the white paper and some information from the team and the company, all we can do is research to make sure everything is fit to what the creator and team developers mention, that is why newbie are not suggested to join ico because the risk is high and need a lot of source to do the research

[prabakharras]

scam ico is a problem especially if you are holding it for long unless the founders vanish tomorrow

[fiorilia]

It is very difficult to distinguish it and only a few people could tell the difference that the ICO scam and real. but now there is already a website that holds all the ICO and has already marked also if it's a scam or not, but this did not become the main reference point.
https://www.coinschedule.com/

[Klovezio]

1. Read the whitepaper first. Do you like the idea? Is blockchain is that necessary for this project?
2. Think about the market for which project is targeting? Is it really big and promising?
3. Try to find their social media, mentioning their project in news/socials
4. Find all topics about the project on this forum, find their slack/telegram/twitter, etc. Research the community. Is it active? Is it big? Is it professional?
5. Find their members, try to find their personal info. Their twitter, linkedins, etc.

I don't think those methods are good to judge a project. Those can be made up. . And some projects seem good but exaggerated, quite hard to be executed. Need think a lot and carefully if want to join ICO. By the way, I had ever seen a really serious project. The operation team goes to different countries to participate in conferences and meet investors.

[platinov_and]

A good ICO always gets good grades from different sites. You need to look at the project team, or people who work there are not scammers. Also, when choosing, I pay attention to how the website is designed, this is also very important.

[licemer11]

I think it's impossible to determine 100%. In my opinion, you need to wait a bit and make a choice to interesting and technically complex projects.
In any case if there are doubts in the team or the project, it is better to refuse from investing

[bulgar_84]

I'm researching about team member's all thing, even their social media or something like that and if I dont like them little, I don't invest to project, if everything okey and there is real community behind them, it is good ico for me.

[Webb.Char23]

it's all about the team friend

[ReiMomo]

how to distinguish the good ico, ico scam

Checklists to validate a good ICO
1) Road map
2)White paper
3)Website
4) Team supporting the project
5)Advisors

Go through the profile of the team and google those names whether they are genuine as they mentioned in site or road map.

[sapu jagat]

No one knows for sure because the original ICO and scam that's very similar. check the team that runs the ICO and the concepts presented carefully. This is important in order to know for sure about the ICO.

[johnnie18]

For me it is hard to identify an ICO scam but there are a lot of good ICO also. Just check their website, roadmap and most of all their team. Scam ICO are sometimes asking for your private key.

[Restu Siregar]

Based on my experience to know the good ICO we have to see what the first project their team is working on, see what the ICO price is, and is their Hardcap achieved? A good ICO will also definitely list the coins in good exchange too. For ICO scam be careful with high prices, usually they cheat us the investors hear the price of their coins. So we must be smart to choose ICO to invest. My suggestion if you have the wealth to invest, choose a well-known and famous ICO like BTC, ETH, NXT etc. Thanks.

[sweerty1]

You need to look for every detailed information about coin: whitepapers, developers, how coins work and distributed.. It may not give you CLEAR information but your overall vision will be enlightened. It can be enough for most.

[Dinct]

I am afraid there is no way. Specially what happened to PayPro and Vionex, i am realy afraid of investing in ICOs. Maybe it's time to regulate something in crypto world.