Looking for a quick and inexpensive way to filter ICO scam

[KnowYourScammer]

Hi, I am interested in investing in ICO, but I have read in the forum and telegram groups that scams are frequent, so I am interested in knowing what do you do to check an ICO before investing, but without spending lots of time or money. Any idea?

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[Lafu]

Spam reported

[OgNasty]

Not the right place to ask this question, but...  This is the list I go through when evaluating a potential crypto investment.

Did it have an ICO?
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?

If the answer to any of those questions is “yes” then you should probably choose a different coin.

[The Cryptovator]

Read this post : Guidelines, how to spot a scam ICO & report effectively

Your topic isn't belongs to meta. Please move it on Beginners & Help board from lower left.

[KnowYourScammer]

Not the right place to ask this question, but...  This is the list I go through when evaluating a potential crypto investment.

Did it have an ICO?
Is there a founder’s reward?
Is there no hard cap on coin creation?
Was there a premine?
Did you learn about it through a paid advertisement?
Does it fail to create a new usage case for crypto?

If the answer to any of those questions is “yes” then you should probably choose a different coin.

Thanks, that should do as a first filter. Sorry for publishing in "meta".

[biggNY]

Regardless what systems or groups that are reviewing ICOs are out there, it is always best idea to research them yourself. Yes it is tedious and yes it is time consuming, but it is the best solution.

If time is what you’re lacking (as me sometimes) I could recommend these 2 sources of quality reviews, however ALWAS double check everything yourself

Coin Bloq on Youtube https://www.youtube.com/channel/UCrsEzLxi1oxHr6xW9S5vSzg - Charles has very similar review strategy as me and is not shilling projects. That’s why I like his channel

MM Crypto - is review sheet that have very strict metrics set up and always follows them. They have free excel sheet and have growing community. https://mmcrypto.io

Again, take these resources as learning/research resources or as a way to sort out bad projects. That will help you focus your research on better ones. Hope this helps

[CryptoGamblingSites]

We were really into finding Scam ICO's before their became too many to keep track of.

https://www.cryptogamblingsites.com/crypto-news/the-ico-scam-blueprint/

There are a few different ways everyone does these, it's rarely worth investing in any ICO's though since last year really. Just assume they are all scams and if you want to gamble go with sportsbetting or dice even. ICO's became cancer a long time ago.

[BlockTreeClub]

Well, must remember that you trade quickness for accuracy.

If that's the game, then

1. Reverse image search team member photos
2. type "site:bitcointalk.org" into google followed by the project's name
3. Got nothing here, but lists look weird with only two points.

[nngella]

There is no concrete way.  Some fake ICOs are so cunning to make them seem real.  Hence, you need to be wise also to make your own research about the ICOs that you want to join.  It will always take some time to research but it is worth it than wasting your money.