What is the way to understand scam ICO?

[gcbjk]

Use cases do not require a blockchain
Not all projects need blockchain, and not all things need to be decentralized. This seems obvious, but everyone is talking about blockchain technology and its subversive potential. In this context, when the white paper of the ICO project mentions that the blockchain is being applied to a large industry, this idea is very easy. Get people's attention.
Even if the project requires cryptocurrency as a means of payment (such as Steemit, which is a writing platform, creators can get rewards from Steem's native "Digital Score System"), they can also use existing cryptocurrencies (such as Bitcoin and Ethereum survived very well.
In evaluating the ICO, a good question to ask at the beginning is: “Does this project require blockchains or native tokens?” If the answer is not required, the project is likely to be an example of solutionism. : That is to say that all problems have a technical solution, here means to encrypt the currency for cryptocurrency, or a scam.

[nellycanezo]

Initial Coin Offerings, also known as ICOs is the cryptocurrency version of crowdfunding and are a part of the crypto world that is most likely here to stay. It's one of the easiest and most efficient methods for companies and individuals to fund their projects and for regular users to invest in projects they see value in. ICO investors benefit from the opportunity to create significant amounts of profit while supporting the development of disruptive decentralized platforms.

Signs of an ICO Scam

* Poor Presence
   One of the essential elements to consider when assessing a potential ICO scam is the individuals behind it. A robust initial coin offering will present potential investors with a detailed team breakdown, listing founders, developers, advisors, security experts, and anybody else associated with the project.

* Guaranteed Profits
   Of all the red flags that identify a potential fraud ICO, guaranteed profits are the most obvious. There are no certainties in the blockchain ecosystem, and no proven, reliable, or guaranteed methods of generating profits.

* No White Paper, Bad White Papers, or Blatantly Plagiarized White Papers
   A white paper is the most important element of any initial coin offering. In a white paper, an ICO will present an outline of what it plans to achieve, a breakdown of how the technical aspects of the platform function, and delineate its token distribution model.

* Shady Premines
   Premining is a common practice in the initial coin offering ecosystem that refers to tokens that are made available to a small group of individuals before the project or crowdsale goes live.

*  No Roadmap / Unrealistic Roadmaps
   Moreover, if the roadmap includes plans of using ICO capital to develop a prototype or makes any references to future token price, it’s probably a scam.

* Too Good
If an ICO appears to be too good to be true, it probably is. Maintaining a skeptical perspective when assessing initial coin offerings will help you to avoid getting scammed.