I always notice some members in this forum always asking on how you will tell if the Campaign is a scam so i wrote some things you need to check before entering some campaign
First the idea of the project
If the project is called upon to solve some real problem and has no analogues yet, then it is worth attention.
If the problem is "imaginable", then boldly pass by.
Second Duration of the bounty campaign.
The longer the bounty lasts - the greater the chances that, at the end of it, you will lose a lot of time without receiving any profit, which could be insulting after 2-3 months of work. Also a bad sign when the end of campaign is constantly postpones.
Third Duration Soft-cap
Why is this factor so important? If the project does not collect this soft-cap, which is nothing less than the minimum required amount for the implementation to the project - you will get hole from donuts . You can track of the official web-site how many company has already collected.
Fourth Duration Website quality
If the site is poorly made, many bugs in the interface, poor graphics, then either it is made for illusion, or team has not normal programmers. Both options, of course, are not a good sign.
Happy Hunt.
Very good observation and I really like the last one. I’m a developer a developer myself and when it comes to poor website making, I have the advantage on looking for one. A real ICO can afford a developer that will please investors. So most likely if the website is poor, it’s a potential scam ICO. Good point.