how to avoid fraudulent projects?

[kak uli]

a question that is very difficult for anyone to solve. because fraud is a job for those who take shortcuts. we can be honest in the work we do now but for fraudsters will continue to commit fraud in accordance with their abilities in whatever field they are good at. then my advice to be able to avoid fraud is to learn something that we do well and correctly and follow the rules that have been enacted.

[Ozero]

You  can only minimize the chance of be scam not totally eradication of scam, because some project are real from the beginning but due to insufficient fund, it can make the project not to be succeeded and the project will  now look as if it was fake.

It really is. We cannot completely avoid fraudulent and simply unsuccessful ICO projects. Fraudulent projects are still widespread as ICOs are still not regulated by states. It is necessary that the states check and register the members of the ICO team, perhaps even issue a license for this type of activity. Then the level of fraud among new ICO projects will be very low.
Many projects are classified as fraudulent because ICO team members do not have sufficient experience and therefore make many mistakes that ultimately lead to its lifelessness. This cannot be foreseen.

[Doranile432]

Be willing to learn, be willing to be hard working, don't keep things you don't know unknown to yourself, this forum for example has everything a newbie can ever need to know about crypto and how to be on safer side, crypto is full of risks and to manage risks you need some knowledge

[Bes19]

There is no way to stop fraudulent activities so you have to be careful on the projects that you're investing into. Just do your own research about the project especially the team and their whitepaper coz some are just copying their whitepaper from others. DYOR is the key!

[maxig.boroday]

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.

DYOR is still the best thing that you can do before investing in a ceratain project, there are loads of scam projects right now on the market to be honest and its getting harder to avoid them... But doing background research can do something and lessen your chance to lose your money. Only invest what you can afford to lose anyways

[kenelmark]

DYOR is still the best thing that you can do before investing in a ceratain project, there are loads of scam projects right now on the market to be honest and its getting harder to avoid them... But doing background research can do something and lessen your chance to lose your money. Only invest what you can afford to lose anyways

Many suggestions like this have been given in this forum in previous years, because everyone who invests must always check the background of the project first, because investors also want to get to know the team and project more fully and closely.

[CashbackLover]

There is no solution to scam projects right now than doing your own research on every projects and choose wisely, the proper effective way to get rid of scammers is through regulations but I don't see that happening any time sooner

[JimmMull]

Just look for the projects that has a clear goal, clear roadmap, a decent whitepaper and a decent website.

[illnino]

You  can only minimize the chance of be scam not totally eradication of scam, because some project are real from the beginning but due to insufficient fund, it can make the project not to be succeeded and the project will  now look as if it was fake.

Scam projects can be identified by low-quality design and site interface. There are also various super promotions for participation in which you are promised big money or profitable discounts that are not very similar to reality.
It is imperative to check the information about the company and the project; it must match in all sources, social networks and sites.

[Eco_111]

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 you don't know about crypto it's easier to fall for shitcoins FOMO, I was a victim too until I started learning the differences, now I can tell the difference between real projects and shit projects, there is nothing we can do to safe those who have no knowledge from this trap than keep warning newbies

[Vinaa77]

After 2 years in this forum, I can analyze which projects are potentially scam or not. here I will provide some tips so that we all avoid projects that are indicated as scams
-Show Original Team
-Always updating social media
-Whitepaper No Copy Paste Another Project
These three indications can actually see whether the altcoin has the potential to be a scam or not. now in my opinion it is wiser if you are more careful and don't invest in or join the bounty so that it doesn't end up being a scam

[mezzaluna]

Avoiding fraudulent projects is hard to do because most projects have perfectly masked their platform to not give a hint of being a fraud. You could feel a hint within communities if you are within their Telegram group because some of them are just idle and does not want to engage with the users that they are targeting and search about the developers if possible.

[Fivestar4everMVP]

Well, for me, I don't think not promoting them is the solution, I mean why would a person know fully well that a project is a scam and still want to promote it??, the thing most people don't do proper research before getting involved in a project, and we should also know that this scammers are getting smarter everyday by day, it is highly possible that a project might come out looking legit and clean in a way that no one will discover that this project is been runned by scammers, not until the very end.
The thing is for people to do more research before joining a project.

[mirgo1791]

as developer gives with different unit of option on intelligence, investors might find of one as fine to match with different returns of evaluation as experts might works with most favorable models to match and follows with decision of involvement with the project.

[adekogbe]

By and large, it is hard for us to have the option to recognize scam projects and projects that are truly genuine, as a result obviously the designers of project scams will make their projects as unique as could really be expected.

there are consistently warnings in the guide of scam projects. its either its excessively grouped or spread excessively far.

I figure now we can just trusting with karma alone to dodge the project scam, yet there are a few individuals here who propose that we check the web, Roadmap and their group prior to joining the project.

[coinswebid]

By and large, it is hard for us to have the option to recognize scam projects and projects that are truly genuine, as a result obviously the designers of project scams will make their projects as unique as could really be expected.

there are consistently warnings in the guide of scam projects. its either its excessively grouped or spread excessively far.

I figure now we can just trusting with karma alone to dodge the project scam, yet there are a few individuals here who propose that we check the web, Roadmap and their group prior to joining the project.

indeed, its hard to find a scammers at the beginning of the project, mostly we know about a fraudulent project after the project cheat somebody
but, sometimes a fraudulent project will copy the whitepaper from the others project, so maybe we can start to read carefully the whitepaper mate

[reza7777]

It is very difficult to avoid scammers because nowadays between a scam project and a real project have a very perfect resemblance even now I don't know exactly how to tell the difference
I think you have heard of BCNX
_ They have real team and product
_ They have clear roadmap
_ They have whitepaper with good explanation
_ The community on telegram is very solid
But in the end it ended up scam after the project has been running for 2 months

[JNR]

i think to avoid the fraudelent project
we can buy only the solid project, even if we will get only a small profit, but at least we can minimize the risk of being cheated by scammers

[firmino10]

Scam projects might be difficult to dispense with, our attention ought to be on decreasing their effect on the cryptocurrency space. Bounty hunters may not be in the best situation for recognition of scam projects, this is on the grounds that bounty hunters are much of the time the casualties of this project.

[kram31]

You can only avoid fraudulent projects if you make a research on it, but if not you can be one of the victim by the scammers for sure in
the end.  However, having an extreme caution for every projects will surely lead you into good earnings in the end 100% as long as you know how to read a fraudulent campaign projects here.