JUST 1 TIP ON HOW TO AVOID STUPID PROJECTS JUST AFTER YOUR MONEY

[Kaneki11]

Stop investing  (investors) or promoting (bounty hunters)  projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors

[Kaneki11]

Stop investing  (investors) or promoting (bounty hunters)  projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors

Imagine requesting 50 million usd to just build a chrome extention for add block ... this was the case for online.io and now the whole token market capital is just 5 million usd on cmc with a 24hours volume of 5000 USD... THIS KIND OF PROJECTS ARE BAD NEWS

[dipeco]

Just make your own investigation and do not invest in every ICO that has good marks on the rating websites. Unfortunately a lot of people are doing this and nobody cares about the whitepaper, MVP, community and so on.

[CLywaTeLb]

Yes, I agree, sometimes it looks fun.
Creating an application is a small part of work for the all system. Perhaps a lot of money is needed for marketing.
Bitcoin was not immediately known. Altcoins are still unknown to many people.

[kawetsriyanto]

Well, we must be careful in selecting the right new projects upcoming in order to avoid scam and being deceived by the scammers. However, only not investing in the projects that offer the ridiculous amount of the money and systems will not be enough. There must be also some considerations that we must pay attention to. Moreover about their team, now we must be more careful in analyzing whether their team is real or not, fake or not by checking them on the web, social media, and other identification sites. But, of course, sometimes it is also hard to avoid.

[Adriano2010]

Yes, but not only this kind of invest make people lose money, there was in past also lot of projects who fail or exit scam and also there was some exchanges in past who run away with people funds.

[passwordnow]

Determining the project on how good it is seems to be difficult these days. I think one of the good standard is to depend on the managers choice of projects. If from them, they can filer all of the projects that they manage, the participants will benefit from it. But some of these projects are running on their own and they have their own bounty manager so to bounty participants, you should check if its really legit by conducting a lot of research and tests.

[Palmaper]

I think that most of the naive investors who decided to entrust their money to ICOs throughout 2018 and 2019 have already realized this, and that is why the level of investment in that market has fallen so drastically, that's why the new ICOs are having so much trouble reaching their financial goals.

However, for me it is truly surprising that there are still people willing to invest in this type of business, even knowing the high chances that their investment will disappear in the medium term.

[eidoscore]

many ico project want huge amount of money just for develop simple application and sometime ended with scam or in case before they develop the product they run away and bring investor money

[IVEXO]

Just a single tip and it has been all over the platform for long

Do your own research

Do your own research

Don’t rely on gossips; don’t rely on influencers; don’t rely on fuds or fomo
Just dyor

[jazmuzika217]

We cannot deny that people in this forum not aware for some shit project and continue patronizing and promoting their project if you a true investor you will check every detail of the project becuse you want assurance or a good return for your money a single effort for a huge return this is people want, but everyday new project are came in this forum to launch their project.

[ccsang]

HOW TO AVOID STUPID PROJECTS JUST AFTER YOUR MONEY

My tips is , don't investing in ICO then I'm sure that you won't lose your money anymore  
Actually it's too hard to identity which project is real or fake, which one will become famous or exit scam in nowaday, so research project and reading whitepaper is most important part before participate in ICO sale. Anyway in current market condition, a lot of project run out of money for development project.

[labilaab]

I hate to admit it but its true. Even the famous ones project also falls even having enough resources like paid and sponsored advertisements in any social sites. So how much more this projects that just relies there project's reputation to bounty hunters.

[Pffrt]

It's not identifiable for most of the people that whether the project is easy to build or hard because not everyone has the tech related knowledge properly. For example, I wouldn't say how much easy to build a project is because I have no fucking idea about the programming.
If investors or bounty hunters need to verify that, I think there will be almost zero to a little people left for investing.

[Kiweikoo]

Stop investing  (investors) or promoting (bounty hunters)  projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors

I don't think the amount of money they are requesting for is the problem here, but the lack of the ability to be able to deliver what they have promised, my own advice is that any ICO company that cannot reveal it's team to you via a webinar is a very big suspect and could make away with you money, make sure to do a thorough research about a project before investing in it, in order to avoid losing money unnecessary that could have been avoided.

[bttmember]

I think it is about time that bounty hunters start studying and analysing each project before promoting too and after their research they should be sure of what they are promoting, they should be sure it is a legit project with quality project with practical use cases and not only a plain website trying to raised funds for a non feasible product similarly non serious and low quality projects should also be skipped.

[LogitechMouse]

Stop investing  (investors) or promoting (bounty hunters)  projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors

Before I clicked this topic, I know already that this will be the tip you will say. Stop investing and promoting scam projects.

For investors, I think investing of ICO's is very risky right now because of what happened last year. There are many scam ICO's right now and it will never end. There will be ICO's out there who will get the money of the investors. Now in terms of promoting, I don't think the bounty hunters are aware if the project is a scam or not as long as they will participate in the campaign they want to participate. Bounty hunting for me needs time and patience and at the same time, you must know which campaign will you promote. You must know which of them is a scam project and which is not.

[rijaljun]

Stop investing  (investors) or promoting (bounty hunters)  projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors

There are some people actually ask why some projects need so much funds in their tokensale while the platform is pretty simple to build. Project's team probably use the hype of cryptocurrency to gain money for theirselves through bounty and this can be a reason why the project's development is not as fast as our expectation (cause they are enjoying investors' money)

[Shatterlean22]

Even many projects that reach hardcap of millions of dollars end up have too low market cap on cmc but I'm not surprised ,many devs this days only care about how much they made for there pocket and care less about the project itself

[rijaljun]

Even many projects that reach hardcap of millions of dollars end up have too low market cap on cmc but I'm not surprised ,many devs this days only care about how much they made for there pocket and care less about the project itself

That's true that some project doing so, but if the project really got a hardcap doesnt it mean they have a huge community? Therefore, they should be able to put their token on a big exchanges while doing massive promotion to gain more investors from the market.