how to avoid fraudulent projects?

[shoreno]

Scammers and bounty hunters are spoken as if they were the same. Bounty hunters are looking for projects where they can profit. However, the problem is that the following bounty hunters do not know the intentions of the project owners. It's a moral problem in general. People need to be prevented from turning to fraud.

both arent the same  . sure bounty bounty hunter will join anything they can just to earn a profit and if ever they got tired of same old scamming , they will stop and realize that they are just wasting thier time for nothing and they dont also like to help scammers  . while scammers are have the same goals and that is to scam and scam people   . avoiding fraud projects can be done by hunters if ever they are really serious about earning and if ever they do want to get most of thier efforts  .

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[gensol]

There's no avoiding except there's an intervention. Most projects look real at the onset with time it turns out to be a scam the space is scary.

[bitkanu]

You can invest in IEOs on platforms like latoken, binance and ecxx. These exchanges vet IEOs before listing.

latoken is a very bad exchange site and that was listing so many scam IEOs. Ecxx is also the same as latoken. binance is the only exchange site is worth to invest right now consider about the result of the IEOs that  running on the binance platform. this thread is discussing about how to avoid the fraudulent project which mean if what we must do to avoid the exchange sites that you have mentioned in your post.

[Bossfidelity]

It's an obvious fact that scam projects may be impossible to eliminate, our focus should be on reducing their impact on the cryptocurrency space. Bounty hunters may not be in the best position for detection of scam projects, this is because bounty hunters are in most cases the victims of this project.

[anjiitem]

Its easier said than done, everyone knows there is no way to know a or detect a real project because scam projects are of different levels, some are detectable and some are not, research is no more enough but it helps too

Detecting project scams is indeed very difficult, because between real and unreal projects is almost similar at this time, so research on projects is still needed even though it is not entirely helpful, but everyone must do research on the projects they want to participate in.

Doing research is something that must be done by investors and people who will participate in a project so that what they do does not fail because they do not understand about the project and the team behind it so that they can participate in the scam project.

[Kotone]

Scammers and bounty hunters are spoken as if they were the same. Bounty hunters are looking for projects where they can profit. However, the problem is that the following bounty hunters do not know the intentions of the project owners. It's a moral problem in general. People need to be prevented from turning to fraud.

Personally, I can't understand what are you saying here. All of the sentences you made doesn't have any sense at all. Also this line, "People need to be prevented from turning to fraud"

Can you explain this? If not, someone will notice and tagged you as spamming here for signature campaign. Improve youre post or yet post on youre local board if English isn't youre first language.

[styca]

If you are going to get involved in new projects, it's probably impossible to ensure you never invest in a scam.
You can do as much research as possible, and if you are good you can weed out a lot of the bad stuff, but you'll never catch them all.

[Crypto5060]

To many people, life is all about the money. Even in the obvious case of fraudulent projects, many people will still collect money and promote them even though they know it's a scam project.

[mandor]

depending on accuracy and confidence before investing, although many new projects will emerge but not all will end in fraud. indeed, scam projects will never stop for to steal investors' money and one thing to do is be careful. if you don't want to lose money and are afraid of receive risks then don't invest and you will successfully avoid a fraudulent project.

[joshua123]

To many people, life is all about the money. Even in the obvious case of fraudulent projects, many people will still collect money and promote them even though they know it's a scam project.

Yeah and this is the disappointing part cause they dont mind even they are just wasting time on it. I actually fond of joining campaign but I see to it that my effort wouldn't be wasted when I joined one. Time is gold and also money, so if youre joining an obvious fraudulent project then youre also wasting time and money.

[daglordjames]

I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.

so what do you think?
I draw the conclusion above based on what I saw there.

Low rated projects most time turns scam as well, its not about the ratings because good projects can get low or high rating, it doesn't matter cos even bad projects pay rating websites to get good rating, i think the solution is doing research yourself

I agree, sometimes other projects pays the ratings so that it will look good for their project.

[ampere]

The simplest way to avoid fraudulent project is to tackle personal greed
Then learn patience and endurance so that you can always dyor before making any decision

[princecharles]

It's a known fact that bounty hunters are only interested in promoting projects for a reward. Any project that is willing to give a good reward would be promoted, so investors should not be considering the fact that the project has a very good review as a condition for validity.

[gwaposakon]

I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.

so what do you think?
I draw the conclusion above based on what I saw there.

It is hard to avoid fraudulent projects especially that it is getting rampant right now. As the technology and the industry develops, so as the growth of illegal activities that take advantage of the situation. I think making your own research aside from the reviews of sponsored crypto critics is a must nowadays. You should look for realistic projects, stable community, and credible development and marketing team behind it.

[KnightElite]

Ignore the ICOs and IEOs, that is the best way to avoid fraud projects. Right now, the IEOs and ICOs investment have small percentage of win rate and I can say that it is not profitable investment anymore. Most of the victims nowadays are the ICOs and IEOs participants. It is better to buy a coin that is current listed than to participate in shit projects where the scammers are common.

[tianglistrik]

Ignore the ICOs and IEOs, that is the best way to avoid fraud projects. Right now, the IEOs and ICOs investment have small percentage of win rate and I can say that it is not profitable investment anymore. Most of the victims nowadays are the ICOs and IEOs participants. It is better to buy a coin that is current listed than to participate in shit projects where the scammers are common.

Wise scammer found a another way of scamming the people, they directly give a bonus tokens to the exchange for listing their token. Later the new announcements will attract the investors to the exchange, the team dumps the tokens to the investors again from the higher prices. The token gets delisted from the exchange due to the dead volume.

sometimes we see projects like that, they pump first to find new people to buy it then when they get a price advantage they will leave it and usually coins like that will die and be erased from the exchange. there are quite a lot of such projects and we have to study them so they don't participate in such projects

[RussiaUkraineTranslation]

If you buy exchange tokens like BNB and ecxx you can profit in bear and bull markets. IEOs on reputable exchanges help weed out the scam projects.

[sayaya17]

Actually it is difficult to avoid fraudulent projects as long as we are still in the crypto room and work as bounty hunters, because bounty hunters cannot be fully blamed in promoting projects, sometimes some bounty hunters join several projects and of them only one or two projects pay. Bounty hunters always hope that the projects that all follow are good projects and pay, but the reality doesn't talk like that.

[drachman]

I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.

so what do you think?
I draw the conclusion above based on what I saw there.

If there was a simple way in which we could stop scammers then those measures should have been taken already, look the only responsibility that we have is to try to warn others when they express their desire to invest in a scam, if they decide to not listen and invest anyway then that is their choice just remind them the next time they begin to say bad things about the market that you did in fact warned them and they were the ones that decided to not listen.

[pikkie]

Actually it is difficult to avoid fraudulent projects as long as we are still in the crypto room and work as bounty hunters, because bounty hunters cannot be fully blamed in promoting projects, sometimes some bounty hunters join several projects and of them only one or two projects pay. Bounty hunters always hope that the projects that all follow are good projects and pay, but the reality doesn't talk like that.

indeed, fraudsters from various types of projects have prepared strategies to bribe the promoters and as much as possible it does not appear that there will be a scam, the beginning of their project will always respond well and the service is very good but when the fundraising is complete they will leave the project and take money from investors, this method I have often encountered in various ICO.