How to detect scam ICOs ?

[Inikoo]

The whitepaper is a copy, the website is cheap, and low quality, offering irreal bonuses just to get in, members, and advisers are not real people. Just some thought, what make me stay away.

[1715050404]

1715050404

[InGODweTrast3]

Be sure to pay attention to the team, it should be people with a reputation in the cryptomir, as well as professionals of their business, and then contact with people and clarify whether their names use the skamers without their knowledge.

[BitcoVast]

Usually ICO scam provides an unreasonable bonus, If you find ICO that gives unreasonable bonus, you should be careful if you want to invest in follow it

[sebastianweyer655@gmail.c]

Verify the founders are fairly well known is a good start.

[13ex07]

I discovered fraud in a simple way. I took a few photos of the project team and searched the picture. The names in the team and in the search results did not match. It is clear that the photos were fraud, like the whole project.

[czhen]

I think for 100% accurate it is difficult.
but many ways to detect them one of them is the revenue target does not match the idea that it takes.

[kenborbs]

Hello everyone,
Recently scam ICOs are growing rapidly and it has become a severe problem among the investors and bounty participators. Can you guys please tell me how to detect them ?

There are ways to detect if an ICO is a scam, you have to look to their website if its professionally made, with a clear road map towards success of the company. They must have a dedicated team with continuous support to their clients. They should not have a to good to be true offers, because other investors might invest immediately with big return in a short period of time.

[adzino]

Most of the ICOs come up out of no where and starts scamming naive people by promising them good fortune. Tons of ways to detect scammy ICOs. First of all you will see that they keep on saying and focusing that their tokens will rise "n" number of times in the future. They keep on boasting this so that they can get people attention and use greed to attract them. Secondly, look for ICOs that have good and well known development team. A renowned dev is unlikely to scam someone. Also look for projects that are unique but still makes sense and achievable. Most of the projects are just "all talk". They can't even come up with a working platform.

[vetrovppp]

Hello everyone,
Recently scam ICOs are growing rapidly and it has become a severe problem among the investors and bounty participators. Can you guys please tell me how to detect them ?

Yes, you are right now there are a lot of fraudulent ICO projects on the market. You need to be very careful and spend a lot of time analyzing the project before investing in it. You must carefully examine the white paper! (it is very important). You should also pay attention to the people who are in the project team, they should have a good reputation.

[Salemmia]

so many ico are coming daily in the market but most of them scam and fake ico . so before you join any ico campaign or invest any new ico try check company road-map, project hype and demand , read whitepaper, and join must company main telegram group .

[lovemsngr]

Every commentator is suffering in here, answering this question billions of times. You may look at exactly the same topics, or here I will just tell you that the team behind an ICO is the key.

[Vova.vova]

Why am I investing in ICO Vireo? Because it is a reliable ans successful project. I know that investing in this ICO will be a great way to get a good profit! Try it!

[SnapFX]

Lately very difficult precisely to define that the ICO project is fraud.
One of criteria on fraud definitions which I use is check of members of the team on reality.
If after check it turns out that the team consists of fakes, then I don't participate in this project.

[bitcok]

Lately very difficult precisely to define that the ICO project is fraud.
One of criteria on fraud definitions which I use is check of members of the team on reality.
If after check it turns out that the team consists of fakes, then I don't participate in this project.

you are very right that most of us can monitor the team but not only that, we can see about the project or we see roadmap and whitepaper

[dimon01]

I hate when people are saying about it is easy to define the scam ICO. It is not at all- nowadays there are so many professionals who are turning illegal staff into legal. 

[Godday]

I hate when people are saying about it is easy to define the scam ICO. It is not at all- nowadays there are so many professionals who are turning illegal staff into legal. 

ico partly is a fraud. when they promise with the roadmap but what proof does not work. big chicks ico great success is also doing fraud. whether we have nothing wrong to be wary of it

[GeckoTrader]

Here are my steps in detecting Scam ICO or  I'd rather say ICO which will not succeed in the future.

1. Team members background has low fundamental background. New to entrepreneurship.
2. Red flag to team members who was involved in past pyramiding businesses like bitconnect and other lending platforms.
3. Poor whitepaper
4. there is no clear roadmap and vision
5. They just focus on ICO money.

[dianikusuma]

look at the whitepaper and the team that runs the ICO. If it is reasonably assured and there is no awkwardness, mean that the ICO certainly real and worthy to be used as investment advice. Indeed actually hard to learn and it's also not a sure way to convince. but at least it's been trying to figure out where the ICO scam and not.

[clairdelune]

You cannot detect or determine a fraud ICO until you look for some review about the ICO it is hard to find.
But here are some of my ways on how I look on the ICO.
◽️Check their team if the member have done a project or if their are newbies.
◽️Check their ICO rating
◽️Check their whitepaper
◽️Check their roadmap

What are listed is just my steps on how I can figure out if the ICO is scam or not. You can also read some threads here about the scam ICO some are listing it here.

[tql26101997]

The best way to avoid Crypto scams is to do a lot of research. Don't just look on page one of Google, look on pages 2, 3, and 4. Also check them out on Facebook and Twitter, see if they have legitimate followers, or are they bought from other countries.