What is the way to understand scam ICO?

[Usui-Chan]

Scam ICOs will make a prpmise about everything but you get nothing in the end. It is the same as investing on anything that does not have any means of returning what is right for you. To avoid these, conduct some proper research with the projects that you are interested in.

[1713309490]

1713309490

[1713309490]

1713309490

[1713309490]

1713309490

[Tanmoy98]

To understand scam ico firstly you have to check their website.Then you will check their roadmap and whitepaper.Also check the activity of the team members in social media.Then you will understand it. 

[RushKing]

They will get your attention that will said that they will gaurantee bigger return when you invest and also give you false information but if you done your research you can exclude those scam and avoid being a milking cow to them

[tutchpa]

with increasing no of icos there are so many scam icos. for differentiating good one and scams you must be a better researcher. don't depend on websites/ico reviews and other posts on the web. based on your research. I will tell you how to identify good ico with an example.my example is cvproof ico.
cvproof is an ico based on job market.it connects job seekers and human resource managers via a website called cvproof.com.first of all you have to study white paper
https://www.cvproof.com/white-paper.html
after studying whitepaper you can realize whether its real project with ground level value or another shit concept.always choose only projects with brand new ideas.next important thing is the team.see the team involved with cvproof..all are well-known experts with talent. another thing if its a real project it must have a website and other social media links. these are only basic study more about this whitepaper and cvproof is a typical example of good ico
happy future

[dektox]

It depends on what you identify as a SCAM.

They take your money and fail, which has 96% probability, is not always a SCAM.

Let us define SCAM as a deliberate act, evil intent. The best way to avoid it is to scan the team. Are they real? Do they have corresponding experience? It's better to gather feedback on them - just write to somebody on Linkedin who knows them. Once I wrote developer of the ICO and he said: "oh, it is a bullshit, they do only marketing and no development at all, thanks for reaching out to me and reminding, I should exclude this from my resume". Check Github as well. Are there any regular essential updates?

However, sometimes I see the level of goodwill incompetence that is worth naming SCAM as well.

[Hudora]

You need to look at the very structure of the ICO project, investors and sponsors. If you can not find any mention of these people before, then be wary.

[Sevarchik]

I can tell one think, all ICO which himself find you its scam.
Really good projects dont need ads, hes tokens sold out on presale

[lovly]

to know the project failed or always we say scam ICO thats can not predict it early but if want to invest in good ICO  we have to thoroughly examine the ICO program and the product to be generated whether it will be accepted in the global market. research and learn about whitepaper, roadmap, the team work and marketing promotion. and who is the Bounty Manager.

[LancelotRay]

At the end of the day, it's just research.

You can even research the million articles and guides on how to avoid scam ICOs.

[CoinsInvest9]

We see many scam ICO bounties in the forum. But there is no way to understand what is Scam, which is not Scam. Is it possible to catch anything by following it? 

It’s really not easy for one to identify whether Ico a scam, if it’s easy I can say for sure that all of us can get lots of benefits. I think the way to know which ico scams ,it depends much on every people experience. I’ve seen some way to identify, firstly you can know that it’s scam if the developers are unknown, because this network is not basic on trustworthiness, so you’d better get away from them. Secondly,  If the developers have no foundation to clear a use case for the token. That’s all I knew.

[zerrtty]

It is easiest to identify fraudsters by searching for ICO members for different projects, conferences etc. If by people there is no mention then and most likely it is a scam project

[yrsat]

It is very difficult to understand this. But for me there are several criteria by which I define it for myself:
1. Cloud mining.
2. Bank cards.
3. Russian projects 99% scammers.
4. Ideas that copy from other projects.

[gregden]

I believe that to determine the scam you need to rely on several factors.
The first is a general view of the product, its purpose.
The second is to analyze the opinions of the experts and look at the ratings.
The third is to look at the opinions of investors. After this, it will be understood whether it is a scam or not, and it will be easier with time.

[Onur_luna]

The project is of great importance here. If the project is well studied and confident, the probability of fraud is very low. 

[tatnM]

We see many scam ICO bounties in the forum. But there is no way to understand what is Scam, which is not Scam. Is it possible to catch anything by following it? 

The most important thing is the team, check all the members of the photo through Google pictures, if there is a mismatch, it means cheating! If everything is fine, look at the site design, if there is a working product is very good, and then you can get acquainted with the ratings. I do like this.

[Early_Waffle]

I agree with the first answer to your question. Indeed, it is extremely difficult to recognize unclean scammers. Even there are projects serious and solid that at the end of the ICO are lying to you.

[VeeraS]

We see many scam ICO bounties in the forum. But there is no way to understand what is Scam, which is not Scam. Is it possible to catch anything by following it? 

currently in a scam category, ico developers are hard to detect even more if some developers use famous artists to attract investors, like the current news about centra.
it's so hard that we can avoid the scam, especially on ico which gives an unreasonable bonus amount like 100% or 50%. and even if ico is seamless and inserts its tokens on the market, the result is that the token will drop so much because so many gifts from every investor

[kurdun]

Almost all ICO's are scam. So that I advise playing with them in the short term. Search for a project that will bring around enough participants to raise the price of the token and then sell it

[readygoaw]

We see many scam ICO bounties in the forum. But there is no way to understand what is Scam, which is not Scam. Is it possible to catch anything by following it? 

You can not be sure that ICO project will be profitable. Putting money in ICO is a risky deal with the potential of getting high income. But often there is a chance to get nothing from this project.

[GerardDurwin]

We see many scam ICO bounties in the forum. But there is no way to understand what is Scam, which is not Scam. Is it possible to catch anything by following it? 

I advice you have to first search the project and look out team and read the whitepaper.