ICO? LEGIT OR SCAM?

[Bianckyyyy]

Which ICO in bounty section is the most legit

[1714688776]

1714688776

[1714688776]

1714688776

[1714688776]

1714688776

[Mc_Moneysack]

It is hard to say which one is the most legit. You should simply take some time and look into the projects yourself. One of the key aspects that you should look at are:

- does the project have a well written white paper? The use of proper English may be an indicator but if a paper is not written in the best "marketing speach" this does not mean that it is scam. You can also check if there are sections in the white paper that have been copied from other white papers. In these cases you should definitley stay away!

- does the project offer something new? There are too many projects that want to create something that is already done by many others e.g. gambling, betting, exchanges, trading etc.

-does the project have a thrustworthy team? Search for the team members on Linkedin and Google. If you find that these are real people and they have relevant experience than this will be a good sign.

-does the team have a well managed social media channell? Join their Telegram group and see how they respond to serious questions.

These are just a few things you should have a look at. There are however plenty more I could list, but this is just to give you some direction 

[verziagra]

I think legit if you both choose ico and see ico project.

[Alluro]

We can't say directly one ICO is most legit. Because there is so many ICO's legit and scam. First of all, we have to do own research before investing an ICO or start a bounty campaign. You can find about their team members, ICO ratings (There are too many ICO rating sites it helps), Read the whitepaper etc. If they are looking good you can start invest or bounty.

[dexone]

If you don't have the knowledge to tell the fraud from legit ones, it's better for you to stay away from all ICOs.

[Avalonist]

You can only find it out after the ICO sale, before that nobody will tell you if its a fraud.
Lots of legit ICO are not getting it until softcup, with good idea, implementation and team

[0RajA0]

ICOs are a high-risk way of fundraising. Never invest anything you can’t completely afford to lose. Keep in mind that due to a lack of regulation, you will have difficulty getting back your lost money in case of any failures.

[ahtsham90]

You have to make a little homework to find an ICO legit or scam. most important things to look for is the team behind the project, their cause, USP (unique selling points), their past expertise, team background, read their whitepaper, check their raodmap, look at that ICO reviews and rating and then make your own decision.

[MintDice]

Assessing the validity of an ICO or bounty takes some effort: Researching the project, its proposed implementation plan, the development team, etc.  At the very least you can see if their social media presence looks legitimate. Either way, you'll have some work to do and decisions to come to that no one else can give you the answer for. If you're interested in learning more about ICO's feel free to read our short ICO guide on our blog: http://bit.ly/ICOGuide

Cheers!

[DancoinsBTC]

 Undecided  Scam is really a lot, the only way to protect yourself is to choose carefully. I'm  working with the German project Vreo.io, maybe someone heard. They are doing dynamic in-game advertising and going to create marketplace for developers and advertisers.  the interests of all parties are taken into account. Developers of small games can attract investments and create high-quality products, for advertisers this project will be useful due to the expansion of advertising opportunities and selected target audience, and gamers will be able to receive quality products cheaper, besides they also receive income from the ads they watched, without interrupting the gameplay. Here is their link at bitcointalk https://bitcointalk.org/index.php?topic=2886707
There is enough information on the Internet about the criteria for choosing ICO. The main ones
1. Uniqueness, necessity of idea
2.Clear target
3.Scalability
4.Transparency, properly allocated budget
5.Concept
6.Team
7.Distribution of tokens
In any case, when choosing ICO, carefully read the whitepaper, there all the necessary information

[bananapeelfeed]

There are a lot of scams with a few diamonds in the rough.

Consider airdrops for an investment on a little bit of time instead of your money. They can be very profitable if you pick the right ones.

Copy / paste my signature for a daily-updated list of airdrops I think have potential.

[INGOT Brokers]

I think its different in every case. You have to research the company, the team behind it and view their linkedin profile. You need to also get very familiar with their whitepaper and see if the project is feasible in the timeline they have stated.

[danielkruchin]

Exercise caution man. In the beginning the majority of ICOs were serious about their goals and plans but nowadays there are more fake ones than real imo. Of course there is no way to know until along time after the tokens sales. Just imagine you are investing into a real company, get as much verification as you can until satisfied. It always helps me out to get in touch with people running the campaigns and companies, just to get a feel for who they are.

[MXgirl150]

Hey

so for sure do your research. There are a number of red flags to look for, including:

1. does the company need to be on the blockchain?
2. did you check out their management on linkedin?
3. did you reach out to customer service and see how they respond?
4. is there any news about them (podcasts, etc.)
5. does their white paper make sense? If you're confused, it's probably a no-go.


But I saw this vid called "spotting ICO scams" highly recommend u watch it before investing.
https://www.youtube.com/watch?v=krDt5wf3yWU

[Chris2402]

just visit one of the following sites:

https://icobench.com/
https://icobazaar.com/
https://www.coinschedule.com/
https://www.icoalert.com/

then ask yourself, which problem the intersting ICO solves, look at the team and do your own research!

It's like gambling...

[rangnatht]

It's preety hard to find out if ico is legit or scam.... But you can do in your own research before investing in ico..you can research on  their team members and their social link... You can read whitepaper and their website... And also find out if they have ico ranking... You can find the responses on their announcements thred.... Its means you need to do deep research before investing...and then you can be able understand that if it's good or scam.....

[Coinsranks]

It really depends on the project: I would strongly advise you to research it thoroughly before investing. A few suggestions:
1. Visit the ICO official website, if any. In particular, have a look at the founding team and their background, read the ICO whitepaper.
2. Monitor conversations on forums such as Bitcointalk to ensure the project seems to be reliable.
3. Use ICO rating services, that will aggregate these information for you in one place

[baguetter]

In all honesty it is almost impossible to tell one from another. If it convinces you then it is likely other people will, which means they will have money to pay out the bounty. That is all that matters for you if you are here for bounties only.
For investores though, it takes hours and hours of research to make a decision. I'm barely catching sleep some nights.