ICO SCAM

[xiboothrezi]

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.

Why wait for the bounty to finish? after all, not all ICO projects have a bounty campaign.
Investors will definitely focus more on analyzing the product and usefulness of the project rather than just paying attention to the bounty. In addition, investors believe that IEO is handled by trusted exchange such as Binance for the current investment strategy, while Ico has a very big risk.

[Twentyonepaylots]

There are many ways you can avoid ICO scam.

If you guys are smart enough then you should kno what should be done to check if the ICO is a scam project.

1. Search thoroughly the team behind the project, this is what matters the most for when you check for the project because the team is the heart of the project. It matters when they a degrees related to run and handle a project, not just because they said it on LinkedIn.

2. The project aim. There are lots of project these days but are the long term? is the purpose beneficial for the crypto? is it going to be a huge deal? this is what I look for the project goal.

3. Whitepaper. You'll see a lot of copied whitepaper, if you see one leave that project alone.

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.

Yeah, you can join such groups that is wanting to invest on those projects so you can see their opinions about it. The reviews on the internet? I don't trust them, you can actually pay someone to do a positive review with everything.

[huu78]

There are still good ICOs for now, but they are developing with a variety of shitcoins that are currently busy at Uniswap. It's the same as in 2018 when during the ico project only targeted the presale and list market and after that, they disappeared.
in Uniswap many projects like that we can buy at presale and sell on Uniswap will get the maximum profit if the token gets FOMO.

[X-ray]

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.

it's not so difficult thing as long as you must try to see what already experienced by others with the scam icos. So many people have been mentioning the right point about what you should take a look at before try to invest in the ico.
The scam ico will always offer too good to be true idea.

[wozzek23]

I'm yet to understand why people still invest in ICO. From the little information I have, I don't see ICO's to be lucrative. Most of the project don't get their softcap and several others tend to abandon the project after getting what they want.

All the points you mentioned are because you invested in the wrong ICO and that is why the question is how to identify the real coin sales and avoiding the fake ones which are only meant to raise funds pay a small exchange and then just run away with no further updates, I still have bad memories with Flux Token .. they just never worked on it .

People from this community do see one member's success with ICO and they want to copy similar profits so they do start risking their hard earned money with next available ICO with doing enough due diligence. This is what usually happens on most ICO as far as I have seen. This simply helps scam ICO to enjoy easy money.

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.

Having SSL is not a big deal but yeah it is one of the minor points to keep in mind but not having https doesn't mean too bad either if the project is new because remember when primedice initially launched they didn't had the SSL but they worked it out once they realize their gamblers want that to be implemented.

[bayudndy]

There are still good ICOs for now, but they are developing with a variety of shitcoins that are currently busy at Uniswap. It's the same as in 2018 when during the ico project only targeted the presale and list market and after that, they disappeared.
in Uniswap many projects like that we can buy at presale and sell on Uniswap will get the maximum profit if the token gets FOMO.

I don't see any good ICOs right now, mostly fake and scam. Do not waste your time and money on ICO projects, if you want, go to the major exchanges and participate in IEO

[sulendra12]

Are there any good ICO's left?

None. ICO is dead, new projects using IEO and STO or crowdfund to get money for the purpose of development. Even though you are guaranteed to get your coins with this scheme but the profit you can get is not guaranteed or I would say it's 50:50 but most of them are pretty bad if you look at the market.

or is the market flooded with bullshit coins?

Most of bullshit coins came from unfinished IEO and shit devs/teams, you can go with top altcoins which is the safer option but if you dig to deep mostly you will find the shit one.

[Iyeman]

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

It has already happened since a long time ago but it's slowly but sure the scam projects become even less from the time to the time. You can try to check the market and a lot of investors have become smart investors and they can avoid the scam bounty easily.

[Etsu]

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 entire crypto market has had enough of ico scam and bullshit and even the developers are aware of it, reason why all of them are choosing IEO instead of ico for raising funds. I think you should forget about icos too and focus on IEOs on reputable exchanges if at all you are most interested in investing in start-up projects

[Kasabus]

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.

it's not so difficult thing as long as you must try to see what already experienced by others with the scam icos. So many people have been mentioning the right point about what you should take a look at before try to invest in the ico.
The scam ico will always offer too good to be true idea.

Yes. Do not be easily lured by those too good to be true promises or else you will end up being scammed too. I think the best way to avoid scam ICOs is still making a deep research on the background of the project. If you cannot do it, then better stay away from investing in ICOs and invest only in bitcoin which i'm sure you can totally make profit from it.

[danggoron]

The trends in the crypto world are always changing. For now, IEO is more popular than ICO, everyone knows that IEO provides better guarantees to get profit now than ICO, because ICO is often used by scammers to commit fraud. To get profit, we must realize that every method and strategy has risks, it cannot be avoided, we only need to minimize them. Joining IEO can be very profitable if we understand the right timing, most of the coins or tokens after physical day trading have decreased significantly, see? we must choose the right timing.

[aemma]

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?

To answer the first question, I don't think anyone can pinpoint a good ICO because once that generated funds is within the care of the team they will likely have unfriendly ideas, therefore in essence, the only way I think one can avoid ICO scams is by forgetting about them entirely. For the second question, I have not heard nor come across any ICO for a long time now, hence that shows there is none left. But however, some of the new projects carrying out IEO tends to be bullshit projects because looking at them, there is nothing good that can be seen within them.

[MCobian]

Why ICO projects are not popular and are no longer in demand, the main reason is because many ICO projects are scams. Then starting in 2019
the world of cryptocurrency investment is changing. More popular IEO projects for now, not because there are no IEO projects scams. But the
percentage of IEO scams projects is smaller than ICO projects. Moreover, IEO projects are safer, because tokens are certain listing on exchanges.
We just need to choose popular and trusted exchanges for investment in IEO projects.

[Deks]

For the past year there have been no successful ICOs. And even then they have raised the funds of the investors and then there was no news or cheats. Since ICO is no longer available, it is better for you to join IEO, that it is more feasible and safer, and can also benefit you.

[Aaroenz0r]

Why ICO projects are not popular and are no longer in demand, the main reason is because many ICO projects are scams. Then starting in 2019
the world of cryptocurrency investment is changing. More popular IEO projects for now, not because there are no IEO projects scams. But the
percentage of IEO scams projects is smaller than ICO projects. Moreover, IEO projects are safer, because tokens are certain listing on exchanges.
We just need to choose popular and trusted exchanges for investment in IEO projects.

You're right! I don't think there is someone willing to invest in ICO at this point of time since there are so many scammed one in the past few years. IEO is a better and safer method to invest in. However, we need to be aware that every kind of investment contains a risk of losing your capital. Therefore, we should do research carefully to choose which IEO projects to invest in.

[Fesatmas]

2020 is a bad year for altcoins, so you don't need to focus on investing in new projects. Just buy the top altcoins in this market because their prices have dropped many times. This is when you should fill your pocket with the best altcoins

2019-2020 is exactly the same as altcoin with a new project. Nothing is better than the old project. They don't last long because there are less enthusiasts from the exchange, so their altcoin doesn't have volume in trading, and that too much has happened, so I think it's not right to invest now. in altcoin.

[umbara ardian]

2020 is a bad year for altcoins, so you don't need to focus on investing in new projects. Just buy the top altcoins in this market because their prices have dropped many times. This is when you should fill your pocket with the best altcoins

2019-2020 is exactly the same as altcoin with a new project. Nothing is better than the old project. They don't last long because there are less enthusiasts from the exchange, so their altcoin doesn't have volume in trading, and that too much has happened, so I think it's not right to invest now. in altcoin.

For now, we should only focus on bitcoin. Only bitcoin is exaggerated and profitable for investors, if investing in altcoins, it will surely be a long-term investment.

[hv_]

2020 is a bad year for altcoins, so you don't need to focus on investing in new projects. Just buy the top altcoins in this market because their prices have dropped many times. This is when you should fill your pocket with the best altcoins

2019-2020 is exactly the same as altcoin with a new project. Nothing is better than the old project. They don't last long because there are less enthusiasts from the exchange, so their altcoin doesn't have volume in trading, and that too much has happened, so I think it's not right to invest now. in altcoin.

For now, we should only focus on bitcoin. Only bitcoin is exaggerated and profitable for investors, if investing in altcoins, it will surely be a long-term investment.

Sure, so,watch out for un-altered code base

[BeginToMine]

We have been discussing on this issue since last year. Truth is people nolonger trust ICO like before and investing there has tendency of hurting. Few people still invest in ICO and most prefers IEO and to me I would say all ICOs are scam because some came from sincere team. Let's always invest wisely and do some research.

[IvugeoEvolutionCoin]

We have been discussing on this issue since last year. Truth is people nolonger trust ICO like before and investing there has tendency of hurting. Few people still invest in ICO and most prefers IEO and to me I would say all ICOs are scam because some came from sincere team. Let's always invest wisely and do some research.

Recently people started participating in ICOs with DEFI hype. However, its good to know how crypto investors have become wiser, unlike before when scams were alarming. Proper research before investing in any project is not a new phrase, but yet some people still invest even without checking if the team is genuine. A friend lost 300$ last week, he bought into a scam presale of an acclaimed DEFI project on telegram.