HOW to 100% avoid SCAM ICOs

[slaman29]

Escrow is a good idea, but it's not 100% safety for your funds. Why?

1. Escrow could also collude with the developers. Don't just choose an escrow, choose arbitrators who decide whether or not milestones are properly met, and choose smart contract escrow, instead of 3rd party escrow.
2. If products are delivered, but not marketed, or not working as expected then what? You release full funds, as developers deliver product, but who is supposed to continue making it a success?

I know this because I participated in an ICO with escrow. I still lost 50% of my investment, because supposedly products were delivered. I can use it... but for nothing.

[pakupayung]

Another parameter is to have an agreement with Exchange - Yes, this is what we often do not find from most previous ICO projects, so that contributors will have little worry about the prospect of the ICO project going forward. We can check it on various ICO review sites or on their White Paper, whether they have pocketed it.
Besides that, it shows the project address or company, their platform organization on their ICO site in a transparent manner, such as: complete or clear address, telephone number that can be contacted, email and so on, ico who intends to scam will not include it.

[YinShuiSiYuan]

To avoid scam ICO is to check their project carefully. You should have a criteria in join the ICOs so that you can avoid the scam. Me I check carefully the ICOs before I join caused there are lots of people doing scam.

It is not possible to secure yourself 100% against scam. Even the observance of all the rules regarding project research will not give such confidence. There can always be a situation that will affect the ICO proves to be a scam.

[AlekseyCrypto]

A lot of projects with strong teams and working prototypes or even a product have become a failed investment this year. The course of all the coins have fallen greatly. I think about the success of the project can be judged in 1-1,5 years after the end of the ICO.

[drachman]

To make 100% to avoid scam is impossible because even the good project can turn into scam if one of their team member do,but you can prevent it by doing some research of the project you want to invest,escrow for an ICO i think it is not posible.

Also not all the projects that fail are scams, you just need to look at the world of businesses to know that most of them fail even if the owners had all the desire to become successful, and the same applies to the ico market, there are many good persons out there that are trying to develop something new but they are underestimating the difficulty and the costs that it will take and so the project will eventually fail.

[Oilacris]

To make 100% to avoid scam is impossible because even the good project can turn into scam if one of their team member do,but you can prevent it by doing some research of the project you want to invest,escrow for an ICO i think it is not posible.

Also not all the projects that fail are scams, you just need to look at the world of businesses to know that most of them fail even if the owners had all the desire to become successful, and the same applies to the ico market, there are many good persons out there that are trying to develop something new but they are underestimating the difficulty and the costs that it will take and so the project will eventually fail.

Successful projects/owners dont really easily achieve that state because it would really need to convince the community to have that kind of support.Achieving success wont really happen just overtime but it would really need lots of factors to be seen until it would able to get such support. You are right that there are serious project owners that do really strive to succeed but difficulties would be faced wont really be that easy.

[doanlang]

To make 100% to avoid scam is impossible because even the good project can turn into scam if one of their team member do,but you can prevent it by doing some research of the project you want to invest,escrow for an ICO i think it is not posible.

Also not all the projects that fail are scams, you just need to look at the world of businesses to know that most of them fail even if the owners had all the desire to become successful, and the same applies to the ico market, there are many good persons out there that are trying to develop something new but they are underestimating the difficulty and the costs that it will take and so the project will eventually fail.

Successful projects/owners dont really easily achieve that state because it would really need to convince the community to have that kind of support.Achieving success wont really happen just overtime but it would really need lots of factors to be seen until it would able to get such support. You are right that there are serious project owners that do really strive to succeed but difficulties would be faced wont really be that easy.

As I know, in theory we will be able to filter out scam ICOS, but later on the more developed the world, the more sophisticated the scams are, so investors will be more cautious.

[MuffinMaster]

Escrow is a good idea, but it's not 100% safety for your funds. Why?

1. Escrow could also collude with the developers. Don't just choose an escrow, choose arbitrators who decide whether or not milestones are properly met, and choose smart contract escrow, instead of 3rd party escrow.
2. If products are delivered, but not marketed, or not working as expected then what? You release full funds, as developers deliver product, but who is supposed to continue making it a success?

I know this because I participated in an ICO with escrow. I still lost 50% of my investment, because supposedly products were delivered. I can use it... but for nothing.

You are wrong.

The point of escrow is to be safe third part.

It looks like you need more education in this field, thats why i will give you this links:

https://bitcointalk.org/index.php?topic=303281.msg46748419#msg46748419

and personal profile: https://bitcointalk.org/index.php?action=profile;u=18321

Don't even try to discuss that..

PS. Of course there are other possibilities, but why risk it with you, if there is someone like "Ognasty" ..? C'mon!?!
 

[JMD07]

A lot of projects with strong teams and working prototypes or even a product have become a failed investment this year. The course of all the coins have fallen greatly. I think about the success of the project can be judged in 1-1,5 years after the end of the ICO.

Yes that's true, if we want to be profitable in ICO we should wait until the team finish the product which this will takes 1 -2 years and we can see a better price once the real product will be available at the target market.

[Ninellechka]

Nothing can guarantee a 100% success to ICOs. Nothing can help you to avoid scams. The only way not to lose is, as it's been mentioned above, not to invest. Anyway, if you have got good intuition, you might get a better chance to avoid scammers

[BigBrother]

You were right. You can also add other less important criteria, pay attention to the project partners, for example. But in any case, it still can not guarantee us that the project will be successful. There is always a risk.

[felicity06]

Honestly we can't quite determine whether the ICO's are scam or legit if we are looking to their structural components such as white papers, roadmap, social gathering site and others. Because they can (scammers) make a fake ICO's to use for scam activities. However if we have enough knowledge to analyze and distinguish the legit to fake campaigns. Like knowing the all the backgrounds of developers that operates ICO or bounty campaign programs.

[RobinBarker]

Check website of project, check roadmap of project, check support availability on telegram group..

[owned1337]

Firstly check website , take a look on roadmap ,check icobench  , read whitepaper , check soft\hard cap, activity in social networks. U can avoid 90% Scam Icos by doing this simple things.

[CryptoPowerL]

The most basic sign of how easy it is to calculate a scam is to check the project team. Often use photos of very different people, these people do not even suspect that their photo is used somewhere. Search by photo can be carried out in Google

[Lanatsa]

To make 100% to avoid scam is impossible because even the good project can turn into scam if one of their team member do,but you can prevent it by doing some research of the project you want to invest,escrow for an ICO i think it is not posible.

Also not all the projects that fail are scams, you just need to look at the world of businesses to know that most of them fail even if the owners had all the desire to become successful, and the same applies to the ico market, there are many good persons out there that are trying to develop something new but they are underestimating the difficulty and the costs that it will take and so the project will eventually fail.

Successful projects/owners dont really easily achieve that state because it would really need to convince the community to have that kind of support.Achieving success wont really happen just overtime but it would really need lots of factors to be seen until it would able to get such support. You are right that there are serious project owners that do really strive to succeed but difficulties would be faced wont really be that easy.

As I know, in theory we will be able to filter out scam ICOS, but later on the more developed the world, the more sophisticated the scams are, so investors will be more cautious.

When they are busted out then it would just create another one which is more convincing and looks real.The only solution on this problem is to have a regulation with these ICO's and filter out on having
a legit developer team behind it rather than on anonymous ones and with this way I'm rest assure it will really decrease out fraud projects.I don't see any other way.

[maarx]

We cannot avoid hundred percent, before you investing in an ICO check the project details fully, study the road map, I white paper, team members, team manager.

[Master1781]

In 2016, when ICO trend was starting. Almost every startup was using Escrow. But then the hype was so huge that ICOs decided dont use it and it was a fault. Now investors dont believe even to good projects.

[Rune]

There is no way to be 100% secure vs a scam if your looking to invest your money but you can help avoid some of the obvious ones.

I always like to make sure if I'm investing in something I have some way to talk to the developer I like to see the people I am investing in even if it is just a short text chat.

Don't invest in something if the so called dev did not even start making it yet in other words don't invest in ideas you need to see some kind of started project that you can actually see code or a app  not just some white paper with a idea.

If you see a track record of excellence then you can look at there roadmap then make sure your getting a good deal Low market cap means more returns if they do succeed in doing whats in there roadmap.
Also low market cap means you don't need to invest as much lowering your risk another good thing

[DOH!]

When you invest, you have to take risks, so 100% can not be avoided. To limit risk, investors must study and analyze carefully before making investment decisions. Every wrong decision leads to bad results.