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Author Topic: How to avoid ICO scam.  (Read 23595 times)
izzy13
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January 14, 2019, 05:12:24 PM
 #81

Some of my friends went nearly bankrupt after invested on scams. I think it is important to learn not only about ythe project profile but also about the developers' reputation and crediblity first before investing.
Olayinka225
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January 14, 2019, 06:04:36 PM
 #82

Hardly will one see an ICO that will pay off soon lately
I think ICO investment isn't doing it again.
Moreover, even some ICO whitepaper last longer than the project itself.
Now, to avoid a scam ICO, one needs not to be greedy and doesn't follow multitudes to invest.
Cassy14
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January 14, 2019, 06:17:08 PM
 #83

Its very difficult to determine if an ICO is a scam. Nowadays its hard to find a good and reliable ICO and the only way to avoid it is to really check and do some research on that specific ICO that you’re investing on. And make sure that all you’re details are secure.
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January 15, 2019, 12:57:04 PM
 #84

Well I think ico scam detecting is not just up to us. It's hard for us, the bounty Hunter to detect scam. To me this detecting will be easy for the authority of this organization. Also the ico regulations must be hardly followed.

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wildey
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January 15, 2019, 01:11:00 PM
 #85

Its very difficult to determine if an ICO is a scam. Nowadays its hard to find a good and reliable ICO and the only way to avoid it is to really check and do some research on that specific ICO that you’re investing on. And make sure that all you’re details are secure.
you are right. even I have been hit several times by scams from several ICOs. well, sometimes I see an ICO with the concepts they offer, and if it's interesting, I find out the competition from that project. sometimes it really does. however, sometimes an unprofessional, irresponsible team starts to show their injustice and begins to disappear. well, sometimes an ICO can be valued by their team.

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Bitfling
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January 15, 2019, 01:31:49 PM
 #86

Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.

Hard to find good ICO these days and i think many ICOs investor suffering loss their portfolio value after token landed in exchanger. I am prefer buying altcoin in market that already have working product and having solid developers team. But if want to join in ICO, better make a good research first in many website because right now many website dedicated for ICOs review
chuoinguyen227
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January 15, 2019, 02:33:47 PM
 #87

Apparently, ICO investors continue to fall prey to innumerable ICO scam. The effect of this is very devastating on investors perception of crypto-project ICOs.
While it appears there is no apparent solution to address the current scam associated with ICO in the crypto space. I propose that we help each other in finding out the best ways to identify and separate genuine ICO from fake ones....
Share your view and help a friend from falling prey to ICO scam. Let help build a healthy crypto environment. Fight the scam now.

I totally agree with you. Phishing projects have made investors become good prey. Bounty hunters were turned into puppets and promoted them. This makes people lose faith in Icos projects and this is not good at all.

 Recently there have been some topics warning people from projects that they consider fraud. so we need to be more united to build a healthy crypto environment  Smiley

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daglordjames
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January 15, 2019, 02:52:14 PM
 #88

well it's really hard to avoid a scam ico even you check their team and read their whitepaper.
TokenForUs
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January 15, 2019, 02:59:36 PM
 #89

almost every scammer will cover they plan as smooth as they can, until someone make very proper research on it, you can do research on every detail provided by ICO such as roadmap, token allocation, developer team, you can read their wallpaper very carefully and understand where the project will go before and after ICO, the main thing is what can developer deliver to community if there is question and how they treat the investor and community.

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January 15, 2019, 03:28:39 PM
Last edit: January 15, 2019, 03:41:39 PM by Kevin77
 #90

Recently there have been some topics warning people from projects that they consider fraud. so we need to be more united to build a healthy crypto environment
If this community decides something for a change, then surely we can bring big differences so that we can have healthy crypto environment certainly. Unfortunately many people are starting topics on this but not taking care of implementing them in practical. I have seen many topics have been created on this purposes but none of them working till the end. I believe only with the help of DT members and staff we could bring changes.

an investor should protect itself by reviewing everything about the project: the whitepaper, development team, project site, etc. That way you can eliminate some risks of getting scammed.
Reviewing will help but no one could do anything with a well prepared/highly masked scam. There are lot of such projects are always existing and most people finding their real face only after months of engagement with them. It seems there would be no concrete solution for this kind of situations.
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January 15, 2019, 03:36:44 PM
 #91



Times like bear market that is prolonged for more than a year, you may see more and more ICO that never get funded.
Maybe its time the team really has to put more allocations for the bounty hunters to make good promotions to several platforms where more investors are hanging. So that they get even just the softcap and will not scam bounty participants.

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January 15, 2019, 03:47:59 PM
 #92

You have to research properly for getting a true ICO. Lot of scam icos are out there. Before you go investment, just you have to find information about the team, have a good idea about the project. Those will help yoi to get best ico.

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January 15, 2019, 03:51:01 PM
 #93

This is a difficult question . We should invest a lot of knowledge about crypto, analyze each item in the whitepaper, investigate the project team to minimize the risk of investment. It is difficult to detect signs of scam in projects.

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January 15, 2019, 03:53:03 PM
 #94

I always follow icoethics post in bitcoin forum because he is a perfect man who identified scam bounty campaign,scam ico project and fake team .

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January 15, 2019, 03:59:28 PM
 #95

Simply, do not invest into ICOs.
Check my signature, now I am promoting post-ICO big german project - savedroid that is currently working hard on relasing the app for cryptocurrency savings.

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January 15, 2019, 04:05:13 PM
 #96

There is no 100 percent guarantee to avoid scamming ICO projects, these days, there are a plenty of them, they behave like genuine and there are no difference of them. You can research well before joining these projects, but there is no guarantee that they wouldn't turned out to be a scam.

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January 15, 2019, 04:07:01 PM
 #97

Scam bounty campaign, ico project having no real team . The scams project always arrange in fake management team members. Fake website and white paper and roadmap.

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January 15, 2019, 04:09:07 PM
 #98

if in my opinion it is rather difficult to avoid it because it must have expertise about the project, read in the whitepaper. But the average person gives advice to read the website, whitepaper, etc.
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January 15, 2019, 04:20:59 PM
 #99

I am sure that the regulation of ICO at the legislative level will protect investors from fraudulent projects. Before allowing projects to start selling tokens, they will be checked for compliance. In addition, security tokens will gain popularity in 2019, which will also make ICO more secure.

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January 15, 2019, 04:23:11 PM
 #100

Soon all of ICOs will be regulated and safe because regulations are coming. But is that good? We all want to be safe but without freedom?

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