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Author Topic: ICO SCAM  (Read 2103 times)
RabbiTANK
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July 05, 2020, 11:41:26 AM
 #141

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


The market is presently flooded with bullshit coins and tokens, since ICO is no longer recognized IEO still have high chances, to easily figure out which team have good plan for their new projects its wise to stick with top exchanges IEO projects, they haven't introduce any scam projects e.g binance, kucoin, okex

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July 05, 2020, 11:42:57 AM
 #142

Try to study the project first before deciding to join. Simply put, a scam project can be seen from its insecure website (Http), offering very high and unreasonable profits, a company whose identity is not clear, and false news that supports it.
not that short, many projects have websites with [secure] but end up with a scam, if offering something that doesn't make sense then I agree with you because it's clearly a scam, besides that we also have to verify the team and see the goals of the project [learn whitepaper]
It looks like he must try to see some scam projects like bankera, encryptotel, excudo and many more. So many scammers were using various tricks these days to grab money. that makes us very difficult to determine or reveal the scam projects that have already made by them all.

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July 05, 2020, 02:01:05 PM
 #143

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


1. First of all, avoid ICO projects, they aren't recognized anymore
2. Do research on IEO projects, they are more attractive to investors
3. The only downside of IEO projects is low rated exchanges, stay away from small or bad exchanges because they always have negative impact on new projects
4. Top exchanges are the best, choose from IEO projects that lands on binance, gate, kucoin or huobi

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July 05, 2020, 02:06:29 PM
 #144

It looks like he must try to see some scam projects like bankera, encryptotel, excudo and many more. So many scammers were using various tricks these days to grab money. that makes us very difficult to determine or reveal the scam projects that have already made by them all.
There should be a law for those who commit fraud on the project but this is difficult to prove and where they are so that they continue to roam will start with new projects and with new tricks to scamer what investors have done then from ICO there is nothing good after a lot of fraud happened.

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July 05, 2020, 03:17:55 PM
 #145

Right now the best way to avoid ICO scams is not to invest in ICO projects. Because 99% of ICO projects are scams,
so in my opinion there is no good ICO left. If you want to invest in new projects, you can invest in IEO projects. Which
IEO project is more profitable than the ICO project.

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July 05, 2020, 03:27:39 PM
 #146

no one knows for sure ICO fraud, because ICO fraud manipulates projects almost the same as other projects, I personally trust the IEO project rather than the ICO because this project is clear and has also worked with the exchange.

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July 05, 2020, 03:40:42 PM
 #147

no one knows for sure ICO fraud, because ICO fraud manipulates projects almost the same as other projects, I personally trust the IEO project rather than the ICO because this project is clear and has also worked with the exchange.
Obviously IEO is more secure than ICOs, because those projects work with exchanges and they will definitely be listed there. Now I'm too scared of ICOs because 99.99% of ICOs are scams and no profits









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July 05, 2020, 04:17:43 PM
 #148

You can see the prize manager or IEO project, now of course there are still many good projects that can be followed like HOMT, ARCS and several other projects, only you need to analyze it a little about the project before following it.

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July 05, 2020, 04:22:07 PM
 #149

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


The best ICO I've met this year is KingCasino, everything looks real, team, and they have certificates, but they end up scam, how? this is really a mistake, be careful ICO or IEO is now very difficult for us to find really good ones

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July 05, 2020, 04:32:20 PM
 #150

The best way to avoid scam projects is to never invest in them. Currently no ICO project is good because it has been dead since 2019, if there are any new projects running ICOs, they are scam projects.

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July 05, 2020, 04:46:40 PM
 #151

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


professional manager, in my opinion, is very decisive of the success of a project, now the manager of the bounty detective holds many good projects and the chances are great that the project will be successful.
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July 05, 2020, 04:54:50 PM
 #152

Don't waste your time with ICOs, because I believe it will never be profitable for you. Do research on IEO projects at major exchanges in this market, it will be easier to succeed and help you get more profits.

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July 05, 2020, 06:16:19 PM
 #153

ICO market has gone down so much. Alot of ICO project later turned out to be scam which is what led to the beginning of IEO. I will advise to go for already listed project and make enough research before investing so that you don't just become a holder. Even IEo some project are still scanning in some way but it's reduced.
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July 05, 2020, 06:37:22 PM
 #154

It looks like he must try to see some scam projects like bankera, encryptotel, excudo and many more. So many scammers were using various tricks these days to grab money. that makes us very difficult to determine or reveal the scam projects that have already made by them all.
There should be a law for those who commit fraud on the project but this is difficult to prove and where they are so that they continue to roam will start with new projects and with new tricks to scamer what investors have done then from ICO there is nothing good after a lot of fraud happened.
Actually even though they scam they do it very smartly, I mean when you invest in token sales you are investing in the idea and the project not the value of the token and there is a clause I believe according to SEC or something like that I don't remember it clearly.
So, these scammers would almost fulfill all they promised by paying a tier-3 exchange some money and get their tokens listed and somehow carry out the roadmap they planned in a distorted manner so that you cannot file a claim against them.

People investing in token sales need to understand that there is no way they invest in a coin whose team is unknown and have no credibility behind them also don't be to the first to invest in a sale just watch how it pans out and don't let the FOMO take control over you, you will get enough chances to invest.
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July 05, 2020, 06:59:40 PM
 #155

I am very sad if the ICO is currently a lot of scams, because it will also affect the income at Bounty, I left the bounty for 3 months already, and joined this month because I saw HOMT, before I traded because there were a lot of bounty and scams ICO

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July 05, 2020, 09:02:29 PM
 #156

There are many ways you can avoid ICO scam. You can follow up on telegram to see what people are saying about  the project, you can also check on forum to see the level of acceptability of that project, you can also check review of such project on the internet, you can so background check on each team member.
Telegram is so easy to manipulate and control now a days that you hire a marketing team whose job is to create a fake positive environment by posting good all day about the project and hence you don't know whether the hype and positiveness around the ICO is real or self created.

I agree with the other ways you mentioned that is to check the team working behind the ICO and actually verify their linkedin and other sources because a lot of scam ICOs are now using fake IDs and people just check profile and believe them but do make sure they are actually linked with the ICO or not.

Another good way is to read the whitepaper but you must have the ability to understand what is too good to be true and if the project is promising too much then just make sure they have the proper plans to back it up or they are just luring out investors into the trap.
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July 05, 2020, 10:33:17 PM
 #157

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


For now ICO was not good at all and it should be avoided because some people used ICO to scam some investor which is not a good idea, you must join now IEO on the top exchange and don't join on the exchange that has a fake volume or else your funds would be lose.

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July 05, 2020, 11:32:11 PM
 #158

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?


For now ICO was not good at all and it should be avoided because some people used ICO to scam some investor which is not a good idea, you must join now IEO on the top exchange and don't join on the exchange that has a fake volume or else your funds would be lose.
Did you know compound, solana and many more that have already successfully funded its ICO just in a few seconds? IEO is also a good thing but it's good when it comes to the big exchange site but when it was running by shitty scam exchange site and the IEO will also become scam IEO too.

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July 05, 2020, 11:36:48 PM
 #159

For now ICO was not good at all and it should be avoided because some people used ICO to scam some investor which is not a good idea, you must join now IEO on the top exchange and don't join on the exchange that has a fake volume or else your funds would be lose.
You are right. Most ICOs are no longer trustable and too risky investing our funds there. Even there is a trustable ICO, but they were only a few of ICOs and rarely appeared. Well, the best option is participating in IEOs. But ensure that the exchange can be trustable and has a good reputation. Binance, Bittrex, or Kucoin are examples of trustable places for IEOs. While Latoken, P2PB2B, and other small exchanges are not really trustable places for IEOs. However, even it is a trusted exchange, we are better to do more research as the future of that new coins don't depend on the IEOs only.

R


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July 05, 2020, 11:38:11 PM
 #160

very difficult to identify ico scam. we can only see it when the bounty is over, and see how the developper will manage the project. because at the end of this ico period is the most important moment, namely distribution and also token listing.
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