HOW TO SPOT SCAMMY ICOS?

[Quidat]

Unknown/fraudulent team members/advisors
It is important to do due diligence on the team members and advisors by fact checking their credentials through third party sources and whether the team members have the capability to deliver the product as promised through their past experiences.

Thats right! It all starts with the team, and its the first thing to check when choosing an ICO. Most of the shady ICO's has a vague team, like made up names and unknown faces which doesnt seem to be existing. Legit ICO's has a team's resume transparent for everyone.
But investing in ICO doesnt only have the risks of being scam, but it also has the risks of failure.

[btc78]

Read how to spot scammy ICOs!

https://medium.com/@filip.poutintsev/red-flags-of-ico-cf21b99cbe56

This is good thread to help people not to become victim of scammer project since they are rampant this years

But what im more concern is your trust history ,its not reliable to listen from someone not trusted,but i respect this post as i have check and find out whats the concern,or maybe advertisement of that said site

[jets567]

Basically you can easily determine if their mechanism states a very ambitious promise, I mean most of then sounds really rewarding which is you can really imagine putting a 50 to 100 usd = to lambo thing. When you technically feel this feeling upon looking it's platform. Well you can easily determine that this is a scam, no need for you to waste time to check upon websites and their group honestly speaking. But you really wanna check go do it and figure it out, it's your own risk by the way.

[yonnymen]

Here is another good write up:

https://medium.com/@VerifiedICOs/look-out-for-these-things-before-investing-in-an-ico-b60408103425

[unusualfacts30]

Read how to spot scammy ICOs!

https://medium.com/@filip.poutintsev/red-flags-of-ico-cf21b99cbe56

2. Anonymous project.

If you want to scam people, best way to do it is by hiding your identity. Therefore you should never trust a project that does not display it’s team members, company information nor physical address. No matter how good the project seems, there is a reason why they are hiding their identity.

This isnt always the case, I have always felt suspicious of ICOs when they link to the team members linkedin profile. Well, this may be legit in many cases as they want to build a positive trust by showing off the team. But, I also have seen people buying 20-25 old linkedin accounts through this forum.

anonymous team members is the first thing everyone check for before putting any money in any ICO but it's difficult to tell unless you put some time and effort in researching, but that's what you should be doing anyway before putting your money anywhere.

[enhu]

Unfortunately though there are just people investing to ICO without the team's profile. But then some weren't scam even when there is no team's ID too.
Some projects just have fake linkedin profiles and anyone can tell whether the project can possibly be materialized. One thing that I always look for to see to it that it isn't a scam is when the team involves with known individuals and reputable companies behind it.

[Altcoins enthusiast]

Thank you op for this information as it will go along way in resolving most of the ways these scammers do used to scam innocent  investors of they hard earning money. I think we should not take the issues of scammers and hackers lightly as many investors has stopped investing into cryptocurrencies because of they activities.

[suraza21]

Often these programs scam they have what if we notice we will realize that the content they build is very simple, the picture is fuzzy or fake, kissing again they do not understand much about the area that they cry call the investment