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Author Topic: Fake ico and bounty  (Read 4265 times)
neli234
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November 10, 2018, 02:16:04 PM
 #441

You can test yourself in several ways:
1) Thanks and follow experienced professionals (Hero or Legend accounts in the forum)
2) Self test Whitepaper or team info.
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November 10, 2018, 02:44:34 PM
 #442

Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
The best tools to detect fake ico's are own minds. Research, investigate, observe and analyze the project. Dont trust ico rating sites some of them are paid by the ico owners. Only trust yourself and even if you are 100% sure that the project is legit always invest what you can afford to lose.
In order to start understanding the ICO, you need experience, in the beginning everyone has mistakes. The main thing is not to stop, but to study all the nuances and then you will notice the features that indicate that the project is not very good.

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November 10, 2018, 02:45:41 PM
 #443

That is hard and important issue mate in crypto space. There is too many scam projects and bounties. You need to be experienced investor to detec all of these scam projects. You need to follow ico influencers and you need to do some resarch about their project and whitepaper. But it will be hard.

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November 10, 2018, 05:13:28 PM
 #444

Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
Scammers are a cancer tumor for a crypto community. Because of them, many investors refuse to make investments. To avoid scammers as much as possible, you should carefully analyze the ICO. Check the team, whitepapper.Many ICO indicate that they are approved by the SEC.To check the truthfulness of the information you can go to the official website of the SEC and check this information yourself.Here is the website:https://www.sec.gov/edgar/searchedgar/companysearch.html.Also (if you are a bounty participant) pay attention to the bounty pool.If it's too big, it should arouse suspicion.Also, if the team very often rewrites white paper and often complements and changes it-this is an alarming call.Also, if the ICO site allegedly have huge fees, it is likely that they have a large number of visits.In order to check the statistics of the site I use this service https://www.similarweb.com/.Services on the Internet a lot and I recommend not to neglect them.



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November 10, 2018, 07:32:24 PM
 #445

Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
To see that the project can be a Scam is very difficult, there are projects that behave well during the ico period and it seems that the project will shoot , but in the end it turns out to be a scum example such as yumerium

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November 10, 2018, 08:42:29 PM
 #446

Today, unfortunately, this is an epidemic for the cryptocurrency world, because cryptocurrency today has a huge number of projects that do not have utility and in general, in most cases, these are common scam projects.

This indicates the popularity of the crypto market, as well as the fact that there is a lot of money here. Always where these both factors are present, there are a lot of scammers.

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November 10, 2018, 08:59:08 PM
 #447

Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico

Unfortunately, we don’t have such a way. All that we can analyze information and make quick decisions.  To be honest, I have not seen tokens for a long time.

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November 10, 2018, 09:06:49 PM
 #448

I think that you should think only with your mind. Don't trust and ico rating websites, I think that you should check social networking sites of every member. And if yyou find something strange, don't participate in this ICO.
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November 10, 2018, 09:07:38 PM
 #449

Only the team and the presence of the escrow can give at least some guarantees. Today, fake ICO has learned to mask well.



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November 10, 2018, 09:17:25 PM
 #450

Study the links you were given. But always remember that scammers are getting smarter and smarter. And each time they cheat more and more people. Every time there are new messages about the bench
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November 12, 2018, 07:58:36 AM
 #451

Fake ICO and bounty are very rampant nowadays. Only if there was a tool to detect or differentiate the fake from the real project, it will be very much appreciated. In the absence of a detection tool, an extensive research on the project, team, roadmap is very essential to avoid investing or promoting a fake ICO project.

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November 12, 2018, 08:08:24 AM
 #452

Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
Scammers are a cancer tumor for a crypto community. Because of them, many investors refuse to make investments. To avoid scammers as much as possible, you should carefully analyze the ICO. Check the team, whitepapper.Many ICO indicate that they are approved by the SEC.To check the truthfulness of the information you can go to the official website of the SEC and check this information yourself.Here is the website:https://www.sec.gov/edgar/searchedgar/companysearch.html.Also (if you are a bounty participant) pay attention to the bounty pool.If it's too big, it should arouse suspicion.Also, if the team very often rewrites white paper and often complements and changes it-this is an alarming call.Also, if the ICO site allegedly have huge fees, it is likely that they have a large number of visits.In order to check the statistics of the site I use this service https://www.similarweb.com/.Services on the Internet a lot and I recommend not to neglect them.

Very good advice, sometimes some scam ICOs websites will use fake traffic to make them look like a huge amount of traffic. They can use various methods to deceive us. The only thing we can do is to investigate it carefully everything behind.

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November 12, 2018, 08:21:42 AM
 #453

Although, it's very difficult to discern fake projects from real one. But, at least, I think one of those ways of identifying fake ICO projects is how real their whitepaper might seem. That's why it's best an investor digests the whitepaper before investing on a particular project. Fake ICO has really gone viral these days, and I do not pray to fall into their traps at all.

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November 12, 2018, 08:53:21 AM
 #454

There are too many scam projects nowadays, and they are focused on scams and name scams, so we can hardly choose a potential project, so never think of investing in ICO is easy, they are very dangerous.

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November 12, 2018, 08:57:26 AM
 #455

before you join any bounty campaign or invest in an ico you have to re-check their team, that is very important because most scam ICO or bounty have an fake team.
and don't forget to check teakm activity on group chat.

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November 12, 2018, 08:59:55 AM
 #456

I don't think there are tools to detect fake bounties, but we can see fake bounties or ICOs by studying all the devices in prizes, for example, websites, telegrams and white paper, and marketing strategies that are too weak.

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November 12, 2018, 10:40:00 AM
 #457

Scammers can make vivid Whitepaper and Roadmap but sometimes they can fail in seemingly simple things.
For example fake team presented on website that are taken from other sources.
Not so complex thing to check but at least couple of projects that I'm aware of did that - Benebit, Xeonframe.
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November 12, 2018, 11:33:23 AM
 #458

Try to be more selective with the projects and read their whitepapers. I have seen so much projects, that have simply copy pasted their whitepaper from another project and people have still invested their funds in it!
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November 12, 2018, 02:35:06 PM
 #459

It is good to keep watch on the spreadsheet. If the bounty manager still does not have update in a more weeks, it is better to find another bounty campaign. Because no update of the admin of the bounty is a greater chance it turns out to be a scam.

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November 12, 2018, 02:48:27 PM
 #460

This problem is very worried about the community, fraudulent bounty filled the market compared to the previous year, we need to find a way to deal with them that would stop them before people work with them for a long amount of time and get nothing.
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