This is why facebook is useful and important for ICOs

[btyco]

The bounty campaign projects all look the same: ANN, website, twitter, FB, medium, telegram

Websites show you the linkedIn profile but nothing more about the team. The facebook page might show you team photos and videos which proves the team actually exists. Without media as proof (not just a profile pic), i would stay away from the ICO campaign. Might be real / fake but not worth the time or the risk

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[RodeoX]

I would have zero trust in a FB account. I have been a hacker computer enthusiast since personal computers existed. In that time I have learned that most anything can be faked. I, for example, have not had a phone in my real name in over 20 years. So I don't like rules that can be broken. The only way to trust an ICO is if they are a legal, registered business with a business license. 
If you are working with anything less, then you are just kidding yourself. Want to be a grown-up investor?  It starts with ONLY doing business with other grown-ups.

[halpi]

Lol, I`d better trust to Linked in than to Facebook.
But to say the truth, social media account means nothing as every account could be:
1. Hacked
2. Fake, with fake photos and fake history.

I like ICOs that visit lections, meetings, conferences etc.

[Lakai01]

There are plenty of scam ICOs out there which have a professional Facebook page and sometimes even faked LinkedIn profiles for the team members.
Faking Facebook is way easier than you might think, so no, its far away from any proof that an ICO isnt scam.

[btyco]

Facebook is not professional like linkedIn but it can be more useful when identifying scams. Compare these 2 FB pages:

No real people to prove this is a real project
https://www.facebook.com/pg/touristcoin.net/photos/

Lots of public photos of the team with other real people
https://www.facebook.com/pg/electroneum/photos

As you can see, facebook has it's uses

[khufuking]

HUH! Facebook! Not that I would trust any social media account but Facebook is far from being reliable than LinkedIn, and besides any social media account need to be researched, listing social media accounts does not mean they are legit and you still obligated to do a proper search on the team behind this accounts before step in to join any ICO. Fake social media accounts can be spotted, it is not easy but definitely can be done.

Even when project claims that they are a registered business you still have to do some research on them because anyone can easily claim anything and its investor's job to verify it before actually invest in.

[BQ]

what are you saying, I don't understand Why facebook is useful? you didn't say why?

[trahaubab]

what are you saying, I don't understand Why facebook is useful? you didn't say why?

No answer for the question, this is offtop. Facebook is useless for ICO and could be useful only as usual social media to share news with community.
To judge ICO according facebook is werid

[The Cryptovator]

I will call Fakebook instead of Facbook. However, only way to determine real team is live video. It could be any media. To be honest, most important thing is how they are trust worthy. Scammer can scam even they come on live video.

I never trust on LinkedIn also, because you can buy an account from fiverr for 20$. So What is the value of LinkedIn ?

[Frankwood]

The bounty campaign projects all look the same: ANN, website, twitter, FB, medium, telegram

Websites show you the linkedIn profile but nothing more about the team. The facebook page might show you team photos and videos which proves the team actually exists. Without media as proof (not just a profile pic), i would stay away from the ICO campaign. Might be real / fake but not worth the time or the risk

I think that the percentage of survival of startups in crypto will be even less than in the traditional market. It's not even a matter of fraud, in a year or a year and a half, most companies will simply die.

[LeGaulois]

The bounty campaign projects all look the same: ANN, website, twitter, FB, medium, telegram

Websites show you the linkedIn profile but nothing more about the team. The facebook page might show you team photos and videos which proves the team actually exists. Without media as proof (not just a profile pic), i would stay away from the ICO campaign. Might be real / fake but not worth the time or the risk

It is what we call O.R.M. and e-reputation. But let's face the reality. Anyone can show you what you want to see. It's easy to use the photo of someone else and/or a bit of photoshop to make it unique and not available in a search engine.
It means no matter the social network used, it doesn't mean you have to trust anything. And a video is not so helpful either, a scammer could make a video (interview or whatever you want) Does he really care knowing people would not knock at his doors to ask his investment back? Nope.

[BQ]

what are you saying, I don't understand Why facebook is useful? you didn't say why?

No answer for the question, this is offtop. Facebook is useless for ICO and could be useful only as usual social media to share news with community.
To judge ICO according facebook is werid

I think, to begin with, that facebook being mentioned so often in relation to what will happen to crypto(or well, ICOs) etc is very overrated.
facebook and other social media doesn't have mentionable impact on the market, of that I'm certain.
I think people saying oh google/facebook will allow ads again, good for crypto > way overexpecting.

[Cashi]

Well, Facebook cares a shit about their registered members, only thing what matters are numbers of members and clicks to place ads and earn money for Facebook. This is how business is made there, a nursery of predator capitalists to make the most profits at the back of the members.
Data hacked, or maybe even sold, lack of privacy or insecure settings, all this you'll get from Facebook. It's definitely a site to avoid.

[nngella]

Yes, in this social media era, facebook is really helpful in promoting a bounty campaign.  However, there are many fake facebook accounts of bounty hunters which are not helpful in promoting ICOs.  This is the great risk that any ICOs is experiencing.

[eddie13]

Facebookers are normies and you are shilling scams to normies giving all of cryptocurrency a bad reputation to the normies..

I have looked at "crypto" stuff on FB and it's absolutely retarded.. MLM Scams and miles of ref links flood out all decent cryptocurrency..

I read your bounty hunter threads and you guys are dying for the next wave of new money and your scam spamming is driving it all away, shooting yourself in the foot..

IDK you guys probably pulled a whole lot of DUMB money off facebook but I'd be surprised if you haven't all dried up that well..

[JPCullen]

I would have zero trust in a FB account. I have been a hacker computer enthusiast since personal computers existed. In that time I have learned that most anything can be faked. I, for example, have not had a phone in my real name in over 20 years. So I don't like rules that can be broken. The only way to trust an ICO is if they are a legal, registered business with a business license. 
If you are working with anything less, then you are just kidding yourself. Want to be a grown-up investor?  It starts with ONLY doing business with other grown-ups.

This is fantastic advice. Now that the market has matured (somewhat) and investors are more discerning, would you have an increase in trust in ICO's?

[pooya87]

in other words you just want to see a "face" that is convincing in fooling you into giving him your money. nothing else matters. so if for example if i create a total shitcoin and show you a selfie photo or something like that you would buy my shitcoin?

the only reason why facebook was important for ICOs was because they could reach a lot more newbies there, specifically people who are unfamiliar with cryptocurrencies and the way this market works so that they could raise a lot more money from a lot more newbies.

[Diacris]

I would have no trust in what is presented on social media. Nowdays you can fake anything on social media. Followers? buy some, engagement? as well. Why would you rely on such things when you invest in a project? The same thing applies to LinkedIn. Why would you trust their LinkedIn page? You can simply put anything up there and none of the info you provide have to be valid. How are you going to check the veracity of their profiles? YOU CANNOT.

Code is Law. It is the most important thing when any ICO present a project. If they own it and it is complex, something a great team of developers could execute, and is functional, that is when the team should be trusted.

Is their code open-source? It is available on github? How about its developement? Have a team worked on it for a long period of time or is just a 100 lines of code of filled of variables and brackets?