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Author Topic: So many new ICO, how to check if it's scam?  (Read 14775 times)
Badboy45
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July 24, 2018, 11:37:50 AM
 #801

Only advice is research as much as you can, and even with this it can still be a scam. A lot of these a dice rolls
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July 24, 2018, 12:00:12 PM
 #802

Some ICOs out there is very noticeable that it is just a scam ICO and more and likely a scam because of the poor website and the "CEO" or the people who started that ICO is not believable.
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July 24, 2018, 12:46:08 PM
 #803

My advice to you is to go for projects managed by familiar and already existing companies, so you'll reduce any chance of investing in a fake ICO.

eMusic, for example, is maybe the most known company to make the move towards an ICO in 2018.

They're in business for more than 20 years, with almost 50 million customers and close to a Billion tracks sold!
 
Furthermore, eMusic is a subsidiary of Triplay so you can be sure it's not a scam + a very strong team, with a lot of experience in leading major moves and all that implies.

They are developing a community of independent musicians publishing their art on the blockchain,

which in this case, eliminates the need for the major music record labels.


Have a look! https://token.emusic.com/
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July 24, 2018, 03:14:53 PM
 #804

The simplest way on how to check an ICO is its way of realizing their project with a supporting team, transparent officers, solid subsidiary team, and realizable project with its sustainable effort on creating the dealings in the future. Scams are usually different from un-sustained ICOs because they may involve un-sustained development of their projects due to financial incapability. Thus, scams are for appalling reasons and negative purpose just to earn income. Usually, they can be basically monitored.
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