Don't be fooled.

[defoman]

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

People who approach business wisely first study the market before investing their money. And the time when investors invested in projects promising gold mountains have passed. Now all carefully analyze the projects, the number of parameters to be analyzed is growing, so scammers usually disappear at the stage of the bounty.

[MCJamison1987]

True. there are a lot of scammer and hacker waiting for us to be careless.

[Encelad]

It's time to introduce regulation, or create new rules for ICO, otherwise scammers will continue to spoil the reputation of successful and useful projects. I very much hope that by the end of this year, there will be changes.

[Ultra_io]

many scams around I agree!

[Grifosha]

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

There is a lot of bad people in any field, but there are a lot of geniuses. We live in great information age and main weapon is information. If you be read and study crypto world, nobody can fool you!

[vrabac68]

With that many flooding on to the market, it can be difficult to know which are scams and Ponzi schemes .I always check on different resources and sites but still its crazy how people want to  get rich

[sorrowfulnightcries]

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

I  appreciate this concern post since most of us are really just learning the trade in crypto and all these considerations are sometimes beyond what's available for us to learn. With all the potential profit serving as an ecstasy for some to invest and invest it won't hurt for anyone to know when to hit the break and really do some research. really balance out the risk we are taking and we must be smart.

[saras008]

Many people want to get rich instantly via crypto. As a result they are utilized by such people to take advantage by offering projects that we find difficult to distinguish from real projects. Do we currently miss a third party?

[Yuuto]

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

Yep. There is a huge number of projects right now that aren't worth your investment. Especially if they are promising way too much that they cannot deliver in their promised timeframes. Usually, their ideas are also very repetitive and aren't needed in the market.

You obviously don't want to invest in any of those projects.

That's why research is so important. Ultimately, what you want to know is whether or not the team is only launching the project for money, or if there is actually a purpose for the project in the long term. Well said, OP. Avoid these projects at all costs, even if they are not a scam, the team will pretty much cease all development once ICO finishes.

[tsaroz]

Motives of the team plays a role in it. With current situation, it's not a difficult task to come up with an Idea and an ICO to fund it. But the success of the token lies in how the team make use of it and how the token derives it's value. Most of the coins we seen are purely speculative and have nothing to do with actual progress of the project.

[1BTC EQUALS 1CAR]

So may copycat projects now and if you have experienced on analyzing an ICO, it is very easy to tell that they don't have any chance to succeed. They'll collect more money until their project fail but they are still the winner in the end and investors are the big losers.

[Orang Tua]

We may still be in the very early stages of the development of blockchain, and of course people with bad intentions will find ways to take advantage of this still-new system. Perhaps regulatory authority is needed to build a healthy industry.

[Mateo123]

Yes, we all know about the risks involved. But I believe that the times now need a lot more caution, because the scammers are more then ever.

Yes that absolutely right, scammers / hackers are everywhere ,we should do research before getting into a project, extra careful before taking any decisions once we get in it means accepting the fact whether to loss or win.

[jokowo]

Yes that's the fact, maybe that's the reason many social media do not accept ads from crypto, and china government banned ico.

[dalimex]

Now everyone can make tokens and collect money with just a whitepaper. We know some of them are bad guys who will take advantage of people's interest in crypto, but we can not do anything. We can not tell the difference.

[Proc.dev]

Unfortunately, in crypto worls there is a constant risk of scam.
I think the main problem is that we don't know all about new project (because there are a lot of them).
That's why our forum exists. Discussing about new project we reduce the risk of being fooled.

[onrise]

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

There is a lot of bad people in any field, but there are a lot of geniuses. We live in great information age and main weapon is information. If you be read and study crypto world, nobody can fool you!

Only thing you need to be aware and keep reading and you should be better to understand the difference between right and wrong which can make things better for you. Once you can do research on your own and start getting thing right you can even become rich just depending on crypto currency .

[sniveel]

Yeah its true dont be fooled of attractive projects that you dont even know if it is legit or a scam ones just be curious and stay aware always the safety is in your hands. Goodluck

[JRDuran]

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

That us why if you are new in crypto world, don't be so much excited of a project that appears to a promising. The the safest way is to invest like btc, eth or lite coin while you're on your way to familiarize this activity.

[Herbert2020]

the way i see it, that is true about all the ICOs. none of them have done anything so far apart from being traded as a token and going up and down. they call themselves "companies" and pretend to solve some problem that doesn't even exist and they ask for money (raising funds) to do that!

it is a terrible trend that is going on and becoming popular and it is harming the whole industry. this needs to stop if we want to see real open source projects come out. in fact one of the problems with all these ICOs is that it makes it centralized no matter if their source is open! the devs are getting paid so no one else is going to ever contribute to it!