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Author Topic: found an ICO need advice  (Read 414 times)
ultramatrix (OP)
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September 26, 2018, 01:16:00 AM
 #1

So I was looking around the internet and noticed an active ICO and site still in development . Site is gamecrowder.com  . looks very promising in its concept of refunding people back that have tokens held and wont be on the exchange till all tokens are sold .  Can someone help me do some digging on if this concept is worth investing in ?  I have been burned so many times.  It seems to be a really simple platform ran with an ETH  contract. refunded with earnings from games purchased .  I havent found an announcement of the token yet .  No advertising on it anywhere either .  Should I risk a little ?
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September 26, 2018, 03:13:50 AM
 #2

That seem to be a dividend type of coin.

I can't understand the dates given on their website if that is until March 2019. I'm not good at digging ICOs because I'm not an investor but their website is unprofessional and even their countdown timer isn't working well. The linkedIn's of the team isn't even connected to a real one but only to linkedIn itself.
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September 26, 2018, 03:46:58 AM
 #3

Searched but cannot find its reviews on any major ICO review sites such as icobench.com or icoratings.com. That alone is  enough to avoid this ICO. The other red flags pointed in previous reply are worth noting too.
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September 26, 2018, 04:26:56 AM
 #4

it looks like you have to analyze it more thoroughly, because some information is incomplete and there are many irregularities that make people confused. reconsider before you decide to invest there, don't be lured by the benefits they offer, but look at the risks that will occur.
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September 26, 2018, 04:42:46 AM
 #5

  Should I risk a little ?

If you're really unsure and doubtful then just wait for that certain token to be listed in exchange sites and who knows you can buy less than the ico price and that's the best bargain.

This is just like hitting two birds with one stone since you save yourself from getting scammed and you can buy more when people dump their token. Isn't that a best deal for now most especially with thr current situation of ico. It's hard to risk our hard earned money.

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September 26, 2018, 07:09:30 AM
 #6

So I was looking around the internet and noticed an active ICO and site still in development . Site is gamecrowder.com  . looks very promising in its concept of refunding people back that have tokens held and wont be on the exchange till all tokens are sold .  Can someone help me do some digging on if this concept is worth investing in ?  I have been burned so many times.  It seems to be a really simple platform ran with an ETH  contract. refunded with earnings from games purchased .  I havent found an announcement of the token yet .  No advertising on it anywhere either .  Should I risk a little ?
That doesn't seem legit for me, there was no any information has already provided to the site and it looks like we must try to avoid that ico. I will not be interested to participate in the ico that based on the gaming platform. Remember there was a lot of problem with MGO and gamecredits. It looks another bad ico

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ultramatrix (OP)
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September 26, 2018, 07:25:14 AM
 #7

ok thank you all
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September 26, 2018, 07:50:06 AM
 #8

I don't think you should take a risk. It's your choice, and you shouldn't regret it. ICOs are very risky in this period.

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ultramatrix (OP)
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September 27, 2018, 01:28:19 AM
 #9

So I was looking around the internet and noticed an active ICO and site still in development . Site is gamecrowder.com  . looks very promising in its concept of refunding people back that have tokens held and wont be on the exchange till all tokens are sold .  Can someone help me do some digging on if this concept is worth investing in ?  I have been burned so many times.  It seems to be a really simple platform ran with an ETH  contract. refunded with earnings from games purchased .  I havent found an announcement of the token yet .  No advertising on it anywhere either .  Should I risk a little ?
That doesn't seem legit for me, there was no any information has already provided to the site and it looks like we must try to avoid that ico. I will not be interested to participate in the ico that based on the gaming platform. Remember there was a lot of problem with MGO and gamecredits. It looks another bad ico


from what i understand is that it is new games launched on ios and android platforms .  and they will be using a portion of theprofits earned to go back to token holders registered on the site. they lost their site manager so that is why it looks like crap I read somewhere. 
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September 27, 2018, 01:42:57 AM
 #10

Dig first on their whitepaper, on the team composition if they really are true in its sense. Take always some due diligence because we're talking always for bucks here. Always DYOR (Do Your Own Research) and just put what you can afford to lose on the investment.

Just take a look of our SCO for Veritas Mining that pays quarterly dividend for VRTM and monthly dividend for XENM. We have paid our second dividend for VRTM and first dividend for XENM.

Visit us here: https://veritasmining.co
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September 27, 2018, 03:39:38 AM
 #11

So I was looking around the internet and noticed an active ICO and site still in development . Site is gamecrowder.com  . looks very promising in its concept of refunding people back that have tokens held and wont be on the exchange till all tokens are sold .  Can someone help me do some digging on if this concept is worth investing in ?  I have been burned so many times.  It seems to be a really simple platform ran with an ETH  contract. refunded with earnings from games purchased .  I havent found an announcement of the token yet .  No advertising on it anywhere either .  Should I risk a little ?
Be careful bro. Too many red flags about this ICO.

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September 27, 2018, 04:01:08 AM
 #12

So I was looking around the internet and noticed an active ICO and site still in development . Site is gamecrowder.com  . looks very promising in its concept of refunding people back that have tokens held and wont be on the exchange till all tokens are sold .  Can someone help me do some digging on if this concept is worth investing in ?  I have been burned so many times.  It seems to be a really simple platform ran with an ETH  contract. refunded with earnings from games purchased .  I havent found an announcement of the token yet .  No advertising on it anywhere either .  Should I risk a little ?
I think you should consider carefully because at this stage the ICO projects are very few investors interested and very difficult to earn big profits. If you can meet up directly with their development team, ask questions in this project. Personally, I would not invest in this project because the risk is huge and there is no appreciation from the big investors.

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September 27, 2018, 04:57:02 AM
 #13

Kinda risky, in my opinion it's too good to be true especially with the refund part. Not to mention they don't put their TEAM information in their website. Honestly though, it looks like a scam project to me.

Here is a little secret, most of time, the most hyped ICO is the ones that will bring you profit. Few example like crypterium, electroneum, ubex, and many more.

So, rather than investing and risking your money into a shady project, why don't you search TOP ICO of this season? you aren't 100% guaranteed to profit but your chance to profit is definitely higher.
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September 27, 2018, 04:58:33 AM
 #14

look into supply, team , roadmap, website, airdrop and bounty
if the price are too high compared with supply you better skip it
and if they doing too much airdrop, i suggest just wait airdrop hunter dump in the first market and you can buy, usually they will sell on every price
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September 27, 2018, 06:06:40 AM
 #15

So I was looking around the internet and noticed an active ICO and site still in development . Site is gamecrowder.com  . looks very promising in its concept of refunding people back that have tokens held and wont be on the exchange till all tokens are sold .  Can someone help me do some digging on if this concept is worth investing in ?  I have been burned so many times.  It seems to be a really simple platform ran with an ETH  contract. refunded with earnings from games purchased .  I havent found an announcement of the token yet .  No advertising on it anywhere either .  Should I risk a little ?
Now, even the best projects have lost up to 80% of investment capital, so it is not worth considering them as investments. We wait for the bulls and then we re-examine the white paper.

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ultramatrix (OP)
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September 28, 2018, 06:20:12 AM
 #16

ok thanks .  just the project itself seemed appealing .  i wont invest now but will wait to see what happen in the next few weeks .
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September 28, 2018, 09:09:09 AM
 #17

ok thanks .  just the project itself seemed appealing .  i wont invest now but will wait to see what happen in the next few weeks .
There's many references as your basis to joined an ICO and that list are:
ICO Bench
The team Management
If KYC passer
If Contract adress for their token really exist
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September 29, 2018, 08:31:24 AM
 #18

I don't think you should take a risk. It's your choice, and you shouldn't regret it. ICOs are very risky in this period.
This is what I feel about initial coin funding. This is more like a pre-order campaign for you pay before getting the product in real terms and the uncertainty about the quality and advancement of the product remains to prevail. Besides, the history of ICOs has been colored with failure and fraud. So despite taking risk, better invest your saved money in an asset that has high probability of the future profit as well as instant liquidity and low risk.
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October 01, 2018, 01:44:09 PM
 #19

I also visited the website and left a big laugh on my face. Their website looks like it was created by a high schooler and making fun of ICO. There might be a chance that they are still eorking with the website presentation but it is not a professional way to handle it as far as i observe. Dont try to invest to an ICO with no real partnerships, videos where team members are presented and an active community. This ICO looks a red flag for me.
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October 01, 2018, 02:05:15 PM
 #20

Gaming ICO is look have future if they have big community on gamer and token is use for bonus or divident or may be ecosystem
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