How to avoid ICO scam.

[arimamib]

I have seen there are projects like Icovo that are aimed at protecting investments. However, the platform is not working yet. I think such projects are needed. And if they work the problem will be solved.

the icovo project including a new project I think needs time for development to develop the project. hoping that in the future they can successfully run the platform well, the development of ICO can be better organized

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[zarintasnim]

It is very difficult to identify scam ICO. If we follow some procedures we can live a bit. Our company should know about the background and also know about project team member. For avoid scam ICO many times help with social communication very well.

[Ini35]

Although, it might not be that easy to detect and to do the required research for every project, whether it is scam of not.
Reading white paper is not enough, but that after reading, you should be able to drill the team with questions.
This is best done most times by crypto experts. So you might look for one that you can attach yourself to.

[codegnome]

The most important thing is to check the credibility of the development team members. Each project must provide links of all developers to LinkedIn accounts and they social media accounts. To verify the credibility of a person, just write a message asking for confirmation of cooperation with the project.

[gowobonyok]

ask the community in ico, or at least you always make contact with the dev to follow every development from ico. if there is no response, then it could be a scam.

[ottogary]

To be always get an updated information on any project can be used to avoid getting scammed. The more updated the info we got, at least we will know about a scam project early, and it would be a lot better than we are late knowing about that scam project.

[mirgo1791]

the swot analytics on business intelligence as investors to work with chance on expends as releasing use of funds on possession, the tasks to deliver with spares on excessive as investment plan to complete on book keeping with the notable balance on expectaion.

[sheynlee18]

ICO scams are unavoidable even if it has a legit team and a good community and whitepaper if the people behind it are savage people who is hungry for money, surely that will be a scam ! We cannot avoid it nowadays even if you are a good verifier of ICO's and in the end investors and hunters are the one that is affected.. The only thing that you can do which will give you a good income or profit is by investing in the Top 10 Crypto in the market this will surely give you a good profit if you are a good trader and if your a hunter join only ICO's which has already a working product and a tested and proven by users.. ^_^

[Helpme_please]

the swot analytics on business intelligence as investors to work with chance on expends as releasing use of funds on possession, the tasks to deliver with spares on excessive as investment plan to complete on book keeping with the notable balance on expectaion.

as profesional investors we have to analize the running projects based on their swot analytics and pitch desk analisys.by doing this i am sure we will find the benefit and disadvantages from certain projects.but unfortunately most of investors didnt do this analisys.so easy for them to put their money into wrong projects.

[phuonganhdpa]

Scammers are becoming more sophisticated. No matter how carefully we check, it is possible to be cheated by them. And the current market is really bad. So investing in ICO at this time is really not wise at all

[odukoyaewatomi27]

The numbers of ICOs launching the crypto space is very much which makes it difficult to differentiate between the good and legit ones from the bad and scam ones. But I think we can try our best to avoid the scam projects by investigating and analyzing any project you want to invest in very well without leaving any stone unturned or neglecting any red signs.
Check the team and see if they are real
If they claim to have partnership, try to contact their reputable partners and inquiry about the originality
And check the opinion of top crypto analyst too.

[Little Mouse]

Scammers are becoming more sophisticated. No matter how carefully we check, it is possible to be cheated by them. And the current market is really bad. So investing in ICO at this time is really not wise at all

If you do proper research, it is possible to identify the scam project and good project. You need to research carefully. Some people have already suggested a lot of ways to find a scam or good project. Read those all, try and you will end up finding out a project's legitimacy.

[repear7]

I am also sad to hear that so many ICOs are trying to deceive investors and bounty hunters, almost every day we find them. We have not really seen the regulation of investor protection against ICO projects and it seems impossible to materialize. Some things we can do to avoid such fraud are studying the background behind the people involved in the project, what products they offer and how they establish communication with investors. but that does not guarantee avoidance of fraud because some of them are smart enough

[Sephire]

One can try but it is not possible to identify all the scam ICOs beforehand. Also, most investors are not savvy enough to do all the due diligence needed before investing.

[Kardon]

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.

The only way to protect yourself and your funds from fraudulent ICOS is not to invest in them at all. Other ways to date, unfortunately not available. I believe that even a thorough study of the project does not give a 100% guarantee for successful completion, further work and, accordingly, for profit. Risks will always.

[beliomir]

I think we should forget about ico for several years, since in such a market, to participate there is not a gratifying business.

[oudekaas]

I think that it's better to stop investing in ICOs. ICOs market is dead now. Of course, there are good ones, like bittorent which has alredy made x5 profit from ICO price. But it was supported by Tron team.

[Phonexy]

There are just two words of advice I can give for a question like this.. Meticulous Research
There are good ICOs out there that ended up paying people lots of money but the fact is that it won t fall on your lap, you have to play your part as well.

[Sarastiche]

To avoid ICO  scam, check in details the whithepaper of the  ICO ,confirm how realistic the vision can be done, the past track record of the developer, reviews from ICO review site can also serve as a guide, Observe the past track record of the team and partners involve in ICO project.

[lutfi-hasan]

I think that it's better to stop investing in ICOs. ICOs market is dead now. Of course, there are good ones, like bittorent which has alredy made x5 profit from ICO price. But it was supported by Tron team.

Yes, that's right, I myself better invest in ready-made coins and have been in large exchange markets such as Bittrex and Binance, because at the moment good coin prices are down and very cheap to buy, different from buying at ICO tend to be a lot of fraud and many failures at this time.