Beware of lying project team

[Nellayar]

Listing on bigger platforms most often lure people into investing in such projects but at the long run they run away with investors monies since they might not be willing to pay such huge amounts to get listed on such exchanges. Therefore we should be very careful with  projects that make such promises since it is easier said than done.

In cryptocurrency, all of promises remain promises. We should not easily conveyed by the words we are seeing in their thread. Because everyone can say that we will be listed in Binance, kucoin or okex soon. But only few are really serious in listing their projects. I never easily attracted by the listing, I am always seeing that as promise to be broken.
If there are big platforms and they are not officially announced. Be vigilant, the news came from them might be fake.

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[Zazzu]

I often see a situation where the team announces on the forum that this coin is already traded on the exchange. But when I go to an unknown cryptocurrency exchange, I see that the coin is really traded, but its average daily turnover is only 10 dollars. Therefore, you need to check all the statements of the project team.

They can easily be listed at shit exchanges without any listing fees. So we need to carefully check all the projects listed at the exchange, if they are not listed at the big exchange then we should ignore them.

[whyrqa]

the team of any project can manipulate information and conditions to deceive the participants.  this can happen at different stages of the project’s development, including at the end of the Bounty campaign, during distribution of remuneration or after listing.  Today, many members of the BlockBurn Bounty are very unhappy that there is no connection with the team, since no one answers questions about remuneration, and they block for specific questions in the official telegram chat, without further possibility of visiting these chats.  how to influence these projects and the team, no one can say this.

[Jateng]

It seems that we should be careful of what we expected to do with the project team unless they already under their agreement in both parties. Some fake news are being produce through social media even the project team didn't annouce it. We should expect with proof always and not with just tell by the people around the crypto world. Joining official telegram groups will help you to identify what are the current movement and plans of the project. You can also talk to their admins and ask some questions. Sometimes their devs itself answer your questions which we can identify also if they're real or not.

[tycsols]

Nice advice but these are like the obvious lies, if a project or team is fake they will be selling dozens of lies which are usually not easy to verify because of the nature of these projects, sometimes even hundred percent due diligence on our end leads to losses so yes investing in projects is very risky business it is not easy as it appears.

[matchi2011]

the team of any project can manipulate information and conditions to deceive the participants.  this can happen at different stages of the project’s development, including at the end of the Bounty campaign, during distribution of remuneration or after listing.  Today, many members of the BlockBurn Bounty are very unhappy that there is no connection with the team, since no one answers questions about remuneration, and they block for specific questions in the official telegram chat, without further possibility of visiting these chats.  how to influence these projects and the team, no one can say this.

The problem with such kind of a team, you can't voice out your concern or no one will answer you once you start asking for this information.
Project like this is very active around so better to keep doing your research before supporting the team, research and do deeper analysis in
regards to the team behind to avoid mistakes of wasting your time.

[OasisDre]

The most popular lies from new project teams are exchanges, many bad projects use exchanges names to create fake hype around crypto space to lure investors, saying they are going binance or okex soon but after several months you will later find out it's been a lie all along

[OasisDre]

The best advice I can pass on is never invest in any project because they said they will list on big exchange next, if you think the project team aren't bluffing then find answers from binance social media pages, if there is no news about this it's all lies

[Kasabus]

Nice advice but these are like the obvious lies, if a project or team is fake they will be selling dozens of lies which are usually not easy to verify because of the nature of these projects, sometimes even hundred percent due diligence on our end leads to losses so yes investing in projects is very risky business it is not easy as it appears.

Scammed projects nowadays are very rampant and using those names of reputable exchanges is the most common strategy that they are using to continue luring those investors particularly those beginners. Although investing in projects today is very risky, but if we start making a good research about the team and the developer of the project, we can still make find ways to avoid those scammed projects.

[Serious475]

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

Yes I think that we should be wary with the different projects that we are encountering here in cryptocurrencies because I think that there is a large percent of chance that it might be fake and it come from scammers and I think that we should really learn on how to find them out because our safety and money is in stake with the facme project scams. I think that we should know what to do incase we are encountering a similar problem to this because I think that it will be great if we can have cryptocurrencies that's is safe and from reliable sources in cryptocurrencies.

[Gayong88]

The discourse is up to the architect, to a large or small market that is important they will always write it based on preliminary planning when they provide an overview along with their road map to attract the investor's interest, this is ambition and goal to reach the target. on the way sometimes stuck and failed.

[OrangeII]

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

currently, various methods are used by scammers to attract investors, even in such devious ways. some projects are even willing to pay an exchange to make a sale, and then they leave the project.
before supporting a project like this, make sure that they will really start selling in the mentioned market. there are so many ways to know that. some projects also target large markets, but in the end, they only list to unexpected markets. Be careful

[Latines]

This is good advice. But there is another. Recently considered a project. Which claimed there would be a listing on Kucoin. Kucoin supported the first week. And then canceled the listing, without explanation. So now you need to study the project very well.

[lobo13hf]

The best advice I can pass on is never invest in any project because they said they will list on big exchange next, if you think the project team aren't bluffing then find answers from binance social media pages, if there is no news about this it's all lies

The problem is there was a lot of new projects have stated like they will be listed on the major exchange site while the investors know if they were lying after the ico and usually the hunters have also become the victim by this scam project too. We need to avoid anything that is not yet confirmed.

[seamusdorakos]

I often see a situation where the team announces on the forum that this coin is already traded on the exchange. But when I go to an unknown cryptocurrency exchange, I see that the coin is really traded, but its average daily turnover is only 10 dollars. Therefore, you need to check all the statements of the project team.

crypto market is too young to believe in words of X company/coin/token dev team or whoever speaks for them.
you can invest in stocks and you can partially believe that the company won't face bankruptcy anytime soon
same can't be applied to crypto

[shoreno]

 yeah op .  i remember now that exchanges also have thier social media accounts and they post updates about thier listing but i think these updates were delayed   . the best way to get a fast info is to follow the project that we are working onto or investing onto     . also not all exchanges are posting updates but other exchanges are silent about this info  or dont have a social media account at all    . still we must beware of lying projects . lying the one that lies and not lay ( just a correction  )

[Dhoe]

The problem is there was a lot of new projects have stated like they will be listed on the major exchange site while the investors know if they were lying after the ico and usually the hunters have also become the victim by this scam project too. We need to avoid anything that is not yet confirmed.

Before you join their ICO, you better ask them first if their tokens will be listed on a large Exchange or not. If they are not sure about giving an answer, leave it. But if they believe that their token will be listed on a large Exchange, then check the Exchange's official notification.

[carlisle1]

I've seen few projects that decieved investors

Welcome to the ICO/IEO world in crypto community Mate,lucky for youa t least you have learned this earlier before you become one of the victim.

into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation

Promising to be listed in these Biggest exchange in crypto is a proof that this shits are scammers mate because at least they will choose one of the list and add other newbie exchange but having the 3 biggest is a promises to be broken.

, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

Good advice then,But sometimes scammers are being deceiving and had some coordination from inside exchange to be listed but dumped after a while.

[EdvinZ]

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

I don't understand people who buy coins on an ICO when there has been an IEO for a long time. This method almost guarantees that the project's coins will be tradable on the exchange. After so many scams related to ICO, it is foolish to hope that the situation will change.

[meldrio1]

I do not believe an ICO that promising to list in top exchanges smell scam to me. That's their tactic to gather investors so stay away if you are ICO investor and always research the project before you put the money on them.