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Author Topic: A good way to avoid scam ICO projects  (Read 1305 times)
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LanaWinda
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December 30, 2018, 03:56:34 PM
 #121

The ICO project is currently far more than income for a moment. Try to make the most profit possible, until the ICO deadline is over, and then make a big sale. ICO projects are indeed potentially high enough to be used for fraud, fraud which is detrimental to investors.
Especially if previously the ICO project did not require any legality.
Before investing in an ICO project must pay attention to several factors:

1. Must know detail Concept of the ICO project
A good ICO project must have a good concept.

2. See market segmentation
How much market potential is related to project segmentation and of course must have new innovations

3. Long-term orientation
One thing that can make it easier for you to judge, is to look at the real objects offered from the project

4. Team
Who are the people who work behind the project

Is there another way to avoid scam ICO projects, your input is highly expected

Thank You

I think is a good point how to find a good ICO project
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December 30, 2018, 04:07:41 PM
 #122

This really needs to be taken into account so that later we can find a good project that will make us get big profits, so I suggest all investors to visit ANN and the ECOSTART website, so you can judge for yourself how worthy our project is to make it investation.
I am sure if you have visited it then you will be interested in joining

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December 30, 2018, 06:57:38 PM
 #123

I'm not sure this works, because all of the ico are now almost delaying their entire exchange. I don't say scam but this is the biggest test ico when investor confidence decreases because some ico don't fail but run slowly.

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December 30, 2018, 08:33:10 PM
 #124

This really needs to be taken into account so that later we can find a good project that will make us get big profits, so I suggest all investors to visit ANN and the ECOSTART website, so you can judge for yourself how worthy our project is to make it investation.
I am sure if you have visited it then you will be interested in joining
Usually in ANN branches write about what a good project, or what a great project and wish good luck to the creators, but few people ask specific questions about what is actually a project. This of course applies to more little-known projects.

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December 30, 2018, 08:46:53 PM
 #125

To see what can happen with an ICO this is a good read. Were were robbed of all premined coins and all ICO cash 380 Bitcoins. Then thieves called us scammers and are now dumping all the stolen coins on unsuspecting purchasers.
Please read the original Bitcoin Talk thread at https://bitcointalk.org/index.php?topic=1974261.msg19649715#msg19649715
And the original Twitter feed at https://twitter.com/thesuperiorcoin
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December 30, 2018, 08:56:20 PM
 #126

~snip
If so, then you must invest in a long-term project. This will benefit you at any time. However, projects like this lack profit, and the process is also very long. But it will produce definite results.
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December 30, 2018, 09:00:24 PM
 #127

This really needs to be taken into account so that later we can find a good project that will make us get big profits, so I suggest all investors to visit ANN and the ECOSTART website, so you can judge for yourself how worthy our project is to make it investation.
I am sure if you have visited it then you will be interested in joining
Ann thread is one of the best way to know if tje project is good or scam or it will become failed because in Ann thread they have information that you can get once you review it and most of thread gives the purpose and other purposes why they creat their project.
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December 30, 2018, 09:09:33 PM
 #128

The only way how to avoid scam ICO projects is not investing into this sector. Look about some big ICOs scams that raised hundreds of millions of dollars in their ICO phase (Centra, Envion) - these projects were very interesting for many investors, not only crypto investors invested into these projects, but what happened? They run with our money, even the team looks legit, even they had licenses and everything for a good start.

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December 30, 2018, 09:19:51 PM
 #129

Listen to me. Prediction is worthless here, even the best ICo with transparency can result exit scam. man, big money changes people. Look at Tezos, it was lucky case they eventually was listed and continued to develop product after 1 year of discussions

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January 03, 2019, 11:45:16 PM
 #130

Beside the mentioned ones, we always have to look into the technical details in the WP and analyze it. Another tip is to research the ICOs social activities, how they interact to their communities, but there is no 100% protection against scam projects.

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January 06, 2019, 07:43:49 AM
 #131

No thorough research of ICO projects can save us from fraudulent ICOs. Recently this was once again witnessed by the ICO DESICO project, which apparently looked like a good project, but turned out to be a fraud. Their team simply stated that it would not pay bounty hunters for services. The only way out of this situation is the state regulation of ICO activities. Only state bodies with certain powers can save us from fraudsters in the ICO.

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January 06, 2019, 07:57:09 AM
 #132

a little input from me related to number 4. (TIM). this team is indeed very important to be searched related to participating in ico, here I do by exploring their experience, how they manage the ico project before, if it can be declared successful in managing the previous project this will certainly be a trust for ico participants next ...
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January 06, 2019, 12:03:22 PM
 #133

Previously, the ICO project was almost no longer in demand by most investors (if not mistaken, in Q3 2017), because investing in ICO was considered a method for building new whales. This thing finally proved to be true, especially when the new pope had a lot of funds deposited by investors, they began distributing coins/tokens that they had created to their investors. But at the same time ICO holders began selling Altcoin they had buy which they had previously used for their Project Basic Assets such as Ethereum, Eos, etc. When the sale occurs, of course the crypto price they exploit will suffer a fatal fall because the crypto volume they have's quite large.

However, ICO reappeared precisely in Q4 2017, at that time the crypto market suddenly received a lot of interest with quite diverse reasons. Simultaneously, ICO became popular among the public because of its rapid development, making most investors interested and began buying cryptocurrency such as Bitcoin, Ethereum, Eos to exchange it for different new tokens.

In Q2 of 2018, ICO was again shunned by crypto users, because most of them 90% were proven to carry out SCAM actions, at that time weren't a few investors whose funds were stolen by ICO holders.

1. Must know detail Concept of the ICO project
A good ICO project must have a good concept.

By carrying out the right research, and the existence of legal certainty from the authorities that the ICO they run, has been declared feasible to be used as an investment vehicle, it's not surprising if all investments will come to the ICO they are managing.

4. Team
Who are the people who work behind the project

IMO the population of a team that has quality and honest, needs to be leveled up and it's expected to develop as much as possible so that the startup this year and the following years will be better than those launched in 2017.

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January 06, 2019, 09:22:18 PM
 #134

Excellent advice! It will be necessary to take all this into account, not to miss anything! Then my work will be more effective!

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January 17, 2019, 06:28:55 PM
 #135

The ICO project is currently far more than income for a moment. Try to make the most profit possible, until the ICO deadline is over, and then make a big sale. ICO projects are indeed potentially high enough to be used for fraud, fraud which is detrimental to investors.
Especially if previously the ICO project did not require any legality.
Before investing in an ICO project must pay attention to several factors:

1. Must know detail Concept of the ICO project
A good ICO project must have a good concept.

2. See market segmentation
How much market potential is related to project segmentation and of course must have new innovations

3. Long-term orientation
One thing that can make it easier for you to judge, is to look at the real objects offered from the project

4. Team
Who are the people who work behind the project

Is there another way to avoid scam ICO projects, your input is highly expected

Thank You

You have good points. I give kudos to investor that still go with ICO projects. I rather invest when the project is listed on exchanges than during ICO. That's my own way of avoiding scam ICO at least.
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January 17, 2019, 06:31:58 PM
 #136

This topic was discussed many times here but the answer can be dound in beginners and help section where lot of guidelines were provided which can really will be helpful to find the scam ICO.Some of them were

1.[Guide] Prevent scam!!! Some useful tools for find scam / fake ICO team 🌍
2.🔥🔥 TIPS to avoid BOUNTY SCAM 🔥🔥 WORTH READING 🔥🔥
3.How to know if an ICO is a scam? :A beginner's guide

Thanks for dating this. I have gone through the links and find them interesting. I still would prefer investing after ICO ie after project listing in exchanges because scam projects are much now.
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January 17, 2019, 06:35:39 PM
 #137

The best way to avoid scam projects is to research each project before investing your hard owned money. It will cost you a lot of time, because it is not easy to detect them, but it will safe you a lot of money as well.
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January 18, 2019, 11:47:42 PM
 #138

I agree with your options. Also I want to add that every quality project must have mvp. When project can introduce beta-version of their product, it's really cool! Also I like checking social networks of the team
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January 19, 2019, 02:54:47 AM
 #139

see the project in detail is a weakness of many people at this time. many of them are ignoring this and just look at the amount of the fee is great and also follow the flow of people entering inside. This is the wrong direction and culminates in a scam when they didn't want to deepen the good with crypto.

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January 19, 2019, 03:24:13 AM
 #140

The ICO project is currently far more than income for a moment. Try to make the most profit possible, until the ICO deadline is over, and then make a big sale. ICO projects are indeed potentially high enough to be used for fraud, fraud which is detrimental to investors.
Especially if previously the ICO project did not require any legality.
Before investing in an ICO project must pay attention to several factors:

1. Must know detail Concept of the ICO project
A good ICO project must have a good concept.

2. See market segmentation
How much market potential is related to project segmentation and of course must have new innovations

3. Long-term orientation
One thing that can make it easier for you to judge, is to look at the real objects offered from the project

4. Team
Who are the people who work behind the project

Is there another way to avoid scam ICO projects, your input is highly expected

Thank You
What you are mention is correct, i mostly done those things before i join into a project, better it's the ICO or the bounty campaign.
Since both are depends on the quality of the project itself.

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