How to know if the project is fake?

[BestEarningTips]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

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[tsaroz]

That's a good way to start. The first thing we should do is search about the team members and verify if they are really involved in the project. Most of the fake ICO uses fake names and create new linkedin Ids with those fake names. If you encounter no other reference of the member and just a number of social profile that seem to be made recently than they are surely scam.
You can also try calling the phone number and inquiry the person who picks it up to find how serious they are about the project.

[Helpme_please]

its very rare traders and investors really check the developer team address, and i am sure they will not honest with their office location . only top project that have real office and could check, but for new project i am not sure it will happen. i am still have no good skill to said project was a fake .

[marilynmanson21]

The first thing that I always do is checking their social media updates, like from it's twitter, telegram, github, since that was the place that will give me some kind of information about the project and it's update. After that I will check to it's website, looking out for their Team Members and making sure all of them are actually real, it's name, it's face, because a fake project will definitely not gonna put their real identity.

[peterlustig]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

If they are doing IEO for the projects then always check if the exchange hosting IEO is the reputed one or not (stay away from LAToken or p2pb2b). Also, check the profile of team members on Linkedin. And check if the whitepaper is plagiarized or not because plagiarized whitepaper is the dead giveaway of a scam project.

[Strongkored]

A couple way how to spot the fake project has mentioned, for me If there is a new project I will try to see the review of the member in this forum, if there is a questions from members and the answers is suspicious or absurd, it could be the project fake or just made to raise money from investors, I will stay away from those projects.

[MonsterV]

fake project mosly using fake team member that you can check it manually with tools image reverse  tiny eye that can scan their team member picture on their team page is that picture are available on other or not , also fake project is very uncreative by copying from other project content, you can always doing research about their project before investing money.

also you need to be aware, real project also could be ended up scam, not only fake shit project.

[minairia3]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Almost same with you. Aside from that, you will noticed them to copied some whitepaper technical on some other project. Also team profile are not accurate, they are using other people's name instead.

Even they launch IEO, you could not say they are legit if they chooses scam exchanges like p2pb2b, latoken and vindax.

Usually you can spot them early on doing these unusual activities. A legit project always concern on more technical aspect not just token sale results and bonuses for purchasing.

[mindrust]

I always assume all of them are fake and wait them to convince me otherwise.

And they usually they fail to do so.

So, it is safe to assume all of them are fake.

[Lordhermes]

The first thing that I always do is checking their social media updates, like from it's twitter, telegram, github, since that was the place that will give me some kind of information about the project and it's update.

Exactly, social media gives me a sigh of relief when performing research on projects if fake. Checking followers on their social media, updates from the project not share or retweets. Legit project gives sound and incredible updates, not only in social media but all around cyrpto news platforms. Even on github, observe people discussion and comments about the project.

[L A R A]

So how do you indentify if the project is fake?

There are several easy ways to identify fake projects

• See from the look of the website, usually fake projects using mainstream website templates / already used by many websites
• Look from the team, make sure they have an original profile on social media

[MUG1WARA]

yes it is one way to identify fake projects. but besides that we also have to look at the team's history whether the team is really real or has a bad reputation

[Itsmylife]

The first is the dev team information, they will use fake images.
The second is their white paper, usually they will copy from a few websites or and famous posts.
Third: there are many bots joining their social channels.

[mersal]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Definitely that is one of the way to identify the legitimacy about the project team, and also don't forget to check the portfolio of developers which is also fake and stolen images from somewhere so you can scan it on google to identify the real name of those faces.But there is no perfect straight way to find them so all we need to do is to analyze and assume on ourselves.

[Botnake]

I just make a basic research but mostly I would just check the ANN thread in the forum.
We are in a very active forum, lots of members cared for the community, so once the project listed is scam, it would certainly receive a negative tag from DT members.

[Dpat]

These days you can not track the real fact about a fake project because they are very brilliant on how to cheat the investors. And, you can not know the real reason behind the fake project as they are also maintain their commitment and the vision in their website very professionally. So, always read the white paper in details and search about the team member about their true background.

[TastyChillySauce00]

there are alot analisys that used to identify fake project from photo analisys , website analisys, whitepaper analisys , token analisys  address checking and many other factors. as bounty hunter or investors we must deeply analize project from A to Z so there is no missing link. i know its very difficult due our lack of time and capability to do this, but we must carefully do this.

It should be the smartcontract analysis and there will be additional information that must be checked just like the code should be fully audited. The problem is they will not waste all of their time just to analyze all of the projects. They must take some points as the main things that must become the main things to be audited.

[leyton11]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

I think google maps will not be able to help me check some ICO projects because most development teams rent offices and it is very difficult to determine right or wrong. I often consider their website décor and their fundraising program. In addition, they will take a closer look at their partners and roadmaps. If it goes right and is one of the trends at the time, the project is likely to succeed. That's the way I look at a project.

[tiang_tower]

yes it is one way to identify fake projects. but besides that we also have to look at the team's history whether the team is really real or has a bad reputation

Yes, and not only that, we also have to look at the concepts that they build, sometimes many new projects that only build the same concepts as existing projects, so this can also trigger project failure and may even end in a scam.

[rajakulam]

The fake ICO/IEO will definitely manipulate all data and identity of the project management team, so before we participate in the project, we must ensure the authenticity of the identity in the way you mentioned.

[shadowduck]

Now scammers creating very hard schemes that are very difficult to identify. I am working in the cryptocurrency market for a long time and work with bounty companies, but I still very often have some problems with scam projects

[memed97]

Pretty sure your way of identifying fake projects by the company's address is a very basic kind of check that every investor would do. I would recommend trying to interact with the project team to see if they're professional or not.

Very perfect, this is something that has not been tried by everyone, because an unprofessional or illegitimate team obviously will not dare to interact with others especially in terms of video calls or video zoom meetings which are more popular at this time.

[helloinox]

Plenty of ways to check if a project legit or not by looking at their white paper, their profile, their track record of a past projects,... Of course, a fake project will try to make all of those things look legit as much as possible so in the end, there's no 100% sure way to know a fake project or not.

[ElmedoRator]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

There are many different ways you can verify new projects. But for me, the best way is to look at their partners, if they have partnerships with big and reputable companies in this market, I think it's a really good project to interested and invest

[SacriFries11]

I just make a basic research but mostly I would just check the ANN thread in the forum.
We are in a very active forum, lots of members cared for the community, so once the project listed is scam, it would certainly receive a negative tag from DT members.

The ANN thread is very important to certain project is allow users to briefly analyze the purpose of the project and in other side the project team introduce there project to the investors. The active members are very important hearing a lot of comments to them about the campaign. You can also check some moderated thread which some trusted member already analyze the campaign and give some suggestion what are their opinion. I suggest also checking their website, it’s very important that some significant details about the project are present in there like project team, whitepaper and roadmap.

[Princeofpoetry]

1)I always look at their website, if it's not convincing then they could be fake project.
2)Look at the number of their followers on social media one of my consideration besides reading the whitepaper, roadmap and project team.

[Bananington]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Some fake projects still put real locations to appear legit, some might even employ workers, pay them handsomely to stay at a real location while they remain anonymous. Well, that's a good point to checkmate fakes. Another very important aspect is background of team members and their social media handles like LinkedIn, Facebook etc. If the accounts are just created for instance, its more like a scam team. There is no 100% sure means to tell if a project is scam anyway, some will even go as far as building products that will attract investors, but still have scam intentions.

[Samayuki]

Apart from spotting out few flaws like stolen pictures or plagrism in whitepaper and few others things you can't be perfect or always right when choosing projects, I've even seen where a well known team member introduce a project last year and just because they use well know people i joined but in the end they are still scam

[milandres0207]

Fake project is really frustrating if you're one of the victims especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by its address of the company that is running IEO/ICO. The fake project would be identified in this way because they put fake locations. You can check it with google maps to verify if it's real.

So how do you identify if the project is fake?

On my own little way of understanding, Checking the whitepaper they have if it is not plagiarized, then if their team is not fake members or dummy only. Also, you are correct if the address stated to their announcement is true or not as well. Then, they are not always saying promises to their community.

[BuNga_cute]

It is not too difficult in my opinion to find out whether the projects are real or fake, the first to follow all the social media they have.
If they diligently explain their projects and actively answer questions, it is almost certain that the project is real. One more thing I do
to make sure that the project is real, by examining the team members of the project in detail.

[rahmathidayat93]

1)I always look at their website, if it's not convincing then they could be fake project.
2)Look at the number of their followers on social media one of my consideration besides reading the whitepaper, roadmap and project team.

The way you do this is the way that is done by many people in general in a project, scammers are very clever in designing websites to make it look convincing, and their social media followers can also be manipulated through temporary purchases, so that the two points you say are not will be enough for a valid project reference or not.

[ashmodeus]

well,here we go again.
1. actually u can see the project is fake or not by seeing their web it self,i just believe first impression will come after seeing how they creating their web,i mean did u believe that project is real after seeing their web look like high school kids made ?
2. when u see their tokensale colaborate with low rating exchange,well u know exactly what will happen next, i just believe if dev want creating token sale on some exchange , they will do some research first, which exchange have a good rating.
3. a common thing,discount and bonus. i just believe many many discount and bonus is tend to low quality project with short life of that coin.

about WP,Roadmap,Team, i dont really care anymore ,if the 3 possibilities that I mentioned earlier were in the project concerned,however good their roadmap,WP or even team,its just a corny.

[Divinespark]

Now scammers creating very hard schemes that are very difficult to identify. I am working in the cryptocurrency market for a long time and work with bounty companies, but I still very often have some problems with scam projects

I also participated in a lot of bounty and made many different ways to analyze the project. But in the end, I encountered a lot of scam projects, it's too hard to choose good projects at the moment.

[adzino]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

They can always put in a real business location and you can even find it on google maps. The best way to find out if the registered address is real or not is through the company registration number. The registration number helps you to pull out (those are mainly official government sites) the real public details of the company including the address. I would be surprised if a address and number given turns out to be a pizza hut  franchise lol.
All I am trying to say "a real address" does not mean that the project itself is real.

[fuer44]

a lot, but it's not certain either
1. team
see the composition of the team managing the project and how their identity can be trusted

2. media
social media is also important, how will the team later provide information, and if the team never provides information, then the project is definitely a scam.

3. exchange
where will the tokens be listed? you must hear that question often and if the team cannot answer, then it is suspicious. and if after some time it still doesn't answer or is listed on the market exchange with low liquidity, then it's fake because the token will end up with a low price.

4. price and investment returns
maybe this will sound funny, but it can be considered as well. see how they explain the road map, prices and investment returns in the project. if it doesn't make sense, then don't go along.

that's my opinion so far looking at several projects, can be right or wrong and hopefully useful.

[Malam90]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Before investment, we have to findout whether the project is real or fake. We have to investigate the team members profile whether they are using fake or real account like Linkedin, Twitter or other social media. If the profile is new and edited picture, it is scam. We can check their contact number, address whether real or not. Again, we can check their whitepaper whether it is plagiarize or not.

[umbara ardian]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Before investment, we have to findout whether the project is real or fake. We have to investigate the team members profile whether they are using fake or real account like Linkedin, Twitter or other social media. If the profile is new and edited picture, it is scam. We can check their contact number, address whether real or not. Again, we can check their whitepaper whether it is plagiarize or not.

Only with those checks, I believe that you will not be able to distinguish the scam projects at the present time. They were much smarter and fake very carefully. I have seen many projects that are well reviewed but eventually they became scams, even some projects already have MVP products.

[Doranile432]

I easily spot kingcasino as a scam project because of their team, they used fake identities on their website and also claim to have raised millions of dollars through a private investor, something that's too good to be real, it's all about been smart, that's how you will get good result

[BestEarningTips]

The sad and angry sense first appeared when I got a fake project. Because until now did the bounty campaign of many fake projects I got. And to do the fake project identification is difficult.

[bassbity]

I easily spot kingcasino as a scam project because of their team, they used fake identities on their website and also claim to have raised millions of dollars through a private investor, something that's too good to be real, it's all about been smart, that's how you will get good result

many are deceived by the KingCasino project because it has reached millions of dollars that it was confirmed on Twitter and it is not possible to exchange p2pb2b will reach such a large target because it is a low exchange that has many problems with IEO.

[azmirihaque]

Fake project has fake team members. So, first justify the team members. Then, there may be different fake information, offering higher benefit with short time etc. Always be active on the forum and telegram of that project. If you cannot make out of the fake project, you will understand if you follow the forum and other participants.

[Stanlo]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

This is not an easy task, I can only give you clues how to avoid scam projects

1. First do research on the pictures of the team, you can use google image search or other image search because some project use stolen pictures

2. Stay away from any projects that use cheap website designs, they are mediocre scam projects

3. Check whitepaper for any plagrism

4. Stay away from any project that gives up too high discount on ICO or IEO

[iv4n]

1. First do research on the pictures of the team, you can use google image search or other image search because some project use stolen pictures

I remember there was an ico where all team members had cartoon pictures instead their own pictures. Some people didn't bother to check the team at all, if they did they would see cartoon pictures and maybe they would realize it's a scam!
Many good suggestions here about how to prevent being scammed. Just people to not be lazy and to actually apply some of these steps to make sure they are investing their time and energy, maybe even money in project that is worthy!

[target]

There are some projects that are easy to see especially if the team didn't put any effort at least provide decent graphics to their ANN and bounty campaign thread. You can already see the team is just trying to grab some coins from anyone who thinks they are safe project.

But with the help of the scambusters in the forum, you'd probably be able to avoid those teams already.  We, bounty hunters, have experienced all these. Its time we learn the lesson to find out which ones are real and not.

[Ridwan Fauzi]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

I often to see in scam accusation boadd which is there are a lot of cases that the project became a scam. One thing that I will see is the team behind the project, yeah that is the first thing that we should do. The team's project will give us a huge profit and make a our money gone all nothing left at all. Usually, the fake project will use a fake picture (someone else) that they didn't know who they are. And the second thing is whitepaper, you can see a lot of project who just copied-paste another project's whitepaper and you can easily find this thing with google search.

[jessyj48]

You can't always out smart Scammers, I'm telling you this right now because I've been on here for a long time now and I have had different experience with different scamming ideas, some scammers are so clean that you won't detect anything until they exit scam

[best2015]

a lot, but it's not certain either
1. team
see the composition of the team managing the project and how their identity can be trusted
2. media
3. exchange
4. price and investment returns

I love how you accidentally (or on purpose) put them in exact right order of degree of importance.
The first thing you need to check is the team and if you can't find almost no info - chances are you should find another project at this point

[Harriti]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

I usually analyze the project team and partners before investing.  Their partners are the important ones. If they cooperate with big partners, the price of coin will be very high.  Besides, they will have very good ANN songs and plan to list them on big exchanges.  Those are the special signs for a successful project.

[Dariusburst]

Apart from learning about scam projects and their weak points you have to pray for luck, some scam projects are well hidious and almost near impossible to detect, no one knew that one coin was scam, all I can say is when something is just too good to be true please avoid at all cost

[el kaka22]

The best way to understand is to read the whitepaper. Not saying that a scam or a fake project can't write a proper white paper because if you pay someone 500 dollars they will write the greatest white paper you can see, which means it is quite easy to write a whitepaper that wouldn't look fake.

However the obvious fake ones always leave some mistakes in there, and that is why as long as you read it carefully you will find mistakes that will show how fake they are.

Secondly look at the team and what they have done previously, if they look like people who are just trying to make some money you will see it on their linkedin and in order to actually trust someone they should be people who have either done something like this before or they should just be successful people in general who didn't need this to begin with.

[judaspriest]

fake project seems to be a new topic, because many ICO and IEO scams are already here, Miracle Tele, KingCasino and Envion, all three of these projects when viewed from the background, all look clear, but they become scammers, hard to distinguish

[Shohag123]

Normally I check the project is scam or not based on some things.There are countless of project and they are scamming us left and right.So if you are aware about some matter you can stay away from fake or scam IEO/ICO project.

At first I check their website and if the website is good it gives me a good impression.Then I check their team.If there is no team in their website ,then I stay away from this project.And if  they give their team and linkedin account,then I check their team is real or not through linkedin.Then I check their social media ,telegram etc when they have opened.If new then I will recomend you to stay away from this project or IEO.

And at last I go to bitcointalk and look for their Bitcointalk ANN and search for any plagiarism is involved or not.And for the IEO ,I always stay away from LAToken IEO and coinsbit IEO.Always choose reputated exchange IEO such as Binance,Huobi etc.

 

[Anish02]

That's a very effective way to identifies the project is real or fake. Because the project's address is a very important factor and due to that you can check it on Google about the location's actual placement. So it would be a really good solution to identify the project's reality without putting extra effort. Now I should definitely gonna use this method before joining the bounty campaign.

[Erumo]

Then I check their team.If there is no team in their website ,then I stau away from this project.And if  they give their team and linkedin account,then I check their team is real or not through linkedin.Then I check their social media ,telegram etc when they have opened.If new then I will recomend you to stay away from this project or IEO.

But what if the project is a dex or simply an exchange? Usually they do not show the team, or simply show who is CEO. What will you do in that case? Skip this project/bounty ? And social media, what if they dont have any or do not fill a lot of information in it? For example my grandpa or grandma dont have social accounts

[lumeire]

Then I check their team.If there is no team in their website ,then I stau away from this project.And if  they give their team and linkedin account,then I check their team is real or not through linkedin.Then I check their social media ,telegram etc when they have opened.If new then I will recomend you to stay away from this project or IEO.

But what if the project is a dex or simply an exchange? Usually they do not show the team, or simply show who is CEO. What will you do in that case? Skip this project/bounty ? And social media, what if they dont have any or do not fill a lot of information in it? For example my grandpa or grandma dont have social accounts

But your grandpa and grandma aren't CEO of any exchange or a project, are they??
These days having a social media presence for the CEO and even developers is must if they want the investers to believe in the team and also the supporters use the social media links to check the legitimacy of the project.
I personally check the LinkedIn profiles of the people involved in the project, if there is any red flag in the profile then I don't invest in the project or take part in their bounty.

[Sanugarid]

It is not too difficult in my opinion to find out whether the projects are real or fake, the first to follow all the social media they have.

how do you judge them by their social media accounts? the number of followers? number of likes? number of activities? you can't really tell if the project is legit or not by their social medias. What only those can give you is a glimpse of the truth whether they are fake or not, that probably gives you just a 5% hint.

If they diligently explain their projects and actively answer questions, it is almost certain that the project is real.

Nope, scammer could also do this too, they can actively engage with their investor on every channel they have and still scam them for the very reason, money.

to make sure that the project is real, by examining the team members of the project in detail.

This may do for clearing the project since the legitimacy of the project members should be in tact for the position they have in the project. You would not want to invest on a project handled by a guy just smiling on his profile without any academic background.

[ZincUnrated]

There are a lot of ways to confirm the authenticity of a project and with a little digging, you should be able to identify a fake project from a real and genuine one. Firstly, if they claim to have a physical presence, then you can always find that out by making some research. Also, if they claim to be registered, you can find out all the information about their registration from the body they are registered to. Thirdly, if they claim to have partnerships which is often the case, reach out to these partners and have them confirm such partnerships. If there are discrepancies in their claims, then it certainly is fake.

[Sebas.tian]

There are several tools involve in checking dubious cryptocurrency projects, though, many of these tools are paid tools to expose the projects as scam. For me, I do  more research into the projects to find some good profile team members photos and their social medias handles across board. Sometimes their websites creation through the help of WHO'S web analysis. There are good individuals who are good investigators, I so much respect them for that job.

[Helpme_please]

That's a very effective way to identifies the project is real or fake. Because the project's address is a very important factor and due to that you can check it on Google about the location's actual placement. So it would be a really good solution to identify the project's reality without putting extra effort. Now I should definitely gonna use this method before joining the bounty campaign.

so we need to check this phisyc address ,,how about if our location far away from address that mentioned in their site. i think its effective but will need more money, except investors from same location glad to do this. checking in google was not valid way, maybe dev team could pretend and also we could not communicate with them directly.

[0verseer]

Then I check their team.If there is no team in their website ,then I stau away from this project.And if  they give their team and linkedin account,then I check their team is real or not through linkedin.Then I check their social media ,telegram etc when they have opened.If new then I will recomend you to stay away from this project or IEO.

But what if the project is a dex or simply an exchange? Usually they do not show the team, or simply show who is CEO. What will you do in that case? Skip this project/bounty ? And social media, what if they dont have any or do not fill a lot of information in it? For example my grandpa or grandma dont have social accounts

Depend on how good a project actually is to make people overlook that detail about the anonymous dev team. I saw a few good projects that the dev team has enough confidence to keep their identity private, Of course, they could try to pull a random profile if they want but I think it will hurt them more in the end. So yeah, all the steps to check if a project fake or not can sometimes be overlooked too when that project is a good one.

[republicrypto]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

first you must learn about the team member from the project, check their social media link, sometimes they use fake account and fake pict my friend
then check the whitepaper carefully, because a lot of fake project copying a whitepaper from the other project
regards

[shollyen]

There are several tools involve in checking dubious cryptocurrency projects, though, many of these tools are paid tools to expose the projects as scam. For me, I do  more research into the projects to find some good profile team members photos and their social medias handles across board. Sometimes their websites creation through the help of WHO'S web analysis. There are good individuals who are good investigators, I so much respect them for that job.

Yes, you are right. Some of the investigators exist here on the forum. Although, there are some we do not know their thereabout again. However, I know that many of them are doing a great job indeed because it is not always an easy thing. Before you do the finding from pillar to post, you would have to spend a great deal of time and some efforts would have also be inputted.

[Eddyc]

An interesting point that we can define if a project is fake or not is a lack of commitment to the community and the project itself. There are steps and protocols that must be followed and when that doesn't happen it's something to pay attention to. I'm saying it in practical terms because in theory the whitepaper already contains a lot of information that can show signs of falsehood.

[Twinkledoe]

There are several tools involve in checking dubious cryptocurrency projects, though, many of these tools are paid tools to expose the projects as scam. For me, I do  more research into the projects to find some good profile team members photos and their social medias handles across board. Sometimes their websites creation through the help of WHO'S web analysis. There are good individuals who are good investigators, I so much respect them for that job.

Yes, you are right. Some of the investigators exist here on the forum. Although, there are some we do not know their thereabout again. However, I know that many of them are doing a great job indeed because it is not always an easy thing. Before you do the finding from pillar to post, you would have to spend a great deal of time and some efforts would have also be inputted.

This is the reason why checking the scam allegations board will help you if a particular project has existing issues. Because if you have no time to dig the project, there are other users here in the forum that are dedicated to bust these projects -- checking their profiles, plagiarized whitepaper, and many more. But if you are an old timer, at first glance, you will have the gut if the project is fake or not.

[pikkie]

An interesting point that we can define if a project is fake or not is a lack of commitment to the community and the project itself. There are steps and protocols that must be followed and when that doesn't happen it's something to pay attention to. I'm saying it in practical terms because in theory the whitepaper already contains a lot of information that can show signs of falsehood.

indeed a project will provide information about the project you want to develop through the existing whitepaper but you should know that usually the project implemented is far from the initial concept that is not in accordance with the initial plan, so you must remain careful when reading the whitepaper.

[Pasutinmeur]

An interesting point that we can define if a project is fake or not is a lack of commitment to the community and the project itself. There are steps and protocols that must be followed and when that doesn't happen it's something to pay attention to. I'm saying it in practical terms because in theory the whitepaper already contains a lot of information that can show signs of falsehood.

indeed a project will provide information about the project you want to develop through the existing whitepaper but you should know that usually the project implemented is far from the initial concept that is not in accordance with the initial plan, so you must remain careful when reading the whitepaper.

Some trusted projects have even changed their roadmap and it can't be a strong point to be used to determine the fake project. it's better to focus into the team whether it's a fake team or not and the concept that has already taken. Both will bring very good information about that.

[Rengga Jati]

So how do you indentify if the project is fake?

Actually there are many ways to identify if a project is fake or real. The point is trying to get clear information about everything related to the project and how the project has been running lately. Here are what we can analyze from the project to know "fake or real":
1. Check the legality and identity of the project. Make sure that the project comes from real country and the project is legal in the country. Don't join the project if we don't know where the project comes from.
2. Ensure all the identities of the team members are real ones. Get the information about their identities by googling and cross-check whether it is true or not.
3. Analyze all the pictures of the team members if they are matched wit the identities or not. Many cases that a project provided faked pictures/photos of the team members. So, we must ensure them by googling and make sure that they are real photos/pictures. Also, we analyze that the photos/pictures have good quality and clear enough. If there is something wrong with the pictures/photos, we must suspect them.
4. Learn the whitepaper and ensure what they stated in the whitepaper is logic or reasonable. Also, check the contents in the whitepaper and make sure there are no plagiarism contents.

Here is also another article that telling you how to know real project: https://www.investopedia.com/tech/how-identify-cryptocurrency-and-ico-scams/

*I suggest you consider IEOs than joining ICOs. It is hard to trust in ICOs anymore.

[flagpara]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

One form can't stop all scammer processes. This process is also good to justify new projects. Some scam people aren't foolish. Think this way, suppose you can choose any real location from your country or to help any scam users. Actually I never did that to justify the location, the next time I will do it. Still some projects couldn't manage any location in their country, for legality problem.

[pilosopotasyo]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

There are a lot of parameters, and this is just one of it, but are caught copying other people's works and faking their team, because they cannot really come out with real projects and platform, a legit project has usage for their platform and they are going to stake everything to generate trust on their projects.

[Buttercup123]

So how do you indentify if the project is fake?

To identify if project is fake i usually look at their project team member profiles if it's fake, and also the project's social media if they don't have provided much useful information.

[ufaiz50]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

For me the most important thing is that they are transparent in terms of information and we must first research who developed the project. It's good enough to search for project addresses, but there are some projects that make the addresses of other offices as their addresses. try not to choose anonymous projects/they hide their information, and be sure to look at their official website, because usually fake projects don't pay much attention to their web functions.

[raidarksword]

In my opinion team project verification would be given a priority by investors and bounty hunters before engaging such projects. Verification can be found out on crypto review rating sites wherein they verify each team members legitimacy as much as possible. As a bounty hunter, i only joined bounty projects promoted by trusted bounty managers where as they have reputation on verifying the legitimacy of the project and the transparency of it. By that process, best chances that the project's development is in good process underway.

[jademaxsuy]

Most project is fake. So there is not better project here unless it is being managed by a good bounty manager/users with good reputation in handling projects. There are few here in the forum but expect that it will be easily get filled after announcement of launching the project. However there are times that even them will get scam. They have no control over the project and how it will be implemented. So if  were you just directly invest in btc or edtablish altcoins like ether. There are more of them see the coinmarketcap.com site for better reference.

[michellee]

It is difficult to identify a fake project. I think we will not know if that project will have the potential to be a fake project or not, even if we are trying to analyze or search for more info about the project. I realize that the project can be a fake project anytime the team wants, and we will only see that the team leaves the project without coming back in the future. You don't have to join the project as the investor if you doubt that it can achieve success in the future.

[Little Mouse]

Checking team members, license, whitepaper are a good way of finding out the legitimacy of a project. Fake projects usually use fake team member, plagiarized whitepaper, fake license etc on their website. It is easy to detect a fake project by looking at the project detail because all the scam project steal the idea of other people too.

[Dpat]

For the evaluation of the fake project always first look at their website URL. If the the URL is unsafe without https:// protocol then immediate you know that this project is fake. Again, if you see everything is fine, then read there whitepaper carefully search the background of the team member and count the sufficient pages of the WP to elaborate their project deeply or not. Then take decision.

[tippytoes]

Checking team members, license, whitepaper are a good way of finding out the legitimacy of a project. Fake projects usually use fake team member, plagiarized whitepaper, fake license etc on their website. It is easy to detect a fake project by looking at the project detail because all the scam project steal the idea of other people too.

That's the first thing to look at in a project. Once you found out that they are using fake profiles, that's already saying that the project is not to be trusted. And they can handle shady business if they have fake profiles. So I guess, never trust your money in a project having fake team members.

[bgaf]

What do you prefer OP? Someone with anonymous team but has potential project or a fake team using high caliber social profile? I think determining fake projects are easy but knowing if a good potential project is legit or not because they have an anonymous team.

Project services and even products are more important to see and experience by the community. There are fake projects that turns out legit in the future. Sometime we just accused in the wrong way.

[Nellayar]

Checking team members, license, whitepaper are a good way of finding out the legitimacy of a project. Fake projects usually use fake team member, plagiarized whitepaper, fake license etc on their website. It is easy to detect a fake project by looking at the project detail because all the scam project steal the idea of other people too.

It is easy to say that looking the license and checking out the background of the team can detect the fake projects, but many of us still scammed because there are also scammers who are really good in hiding. Sometimes, we can tell that it is a good project because it has an original whitepaper but the team was hide. It is because there is no real usecase their token has.

You have a good point but we all know that everytime there is a way to find a scammer, they have also upgrade their way to scam people.

[ttcsalam]

A nice idea. You are right that many investors are losing their capital due to fake projects.And their desire to invest is disappearing.I think the fake project has a board or a threat.There is only a Scam project list.It can also be extracted by Surch with the BTT ID of the member's name.

[Divinespark]

For the evaluation of the fake project always first look at their website URL. If the the URL is unsafe without https:// protocol then immediate you know that this project is fake. Again, if you see everything is fine, then read there whitepaper carefully search the background of the team member and count the sufficient pages of the WP to elaborate their project deeply or not. Then take decision.

If you only rely on the certificate of a website to evaluate the project, that's an idiot. Currently scammer is very smart and they can fake as perfectly as possible, you need to check more to be able to evaluate projects. But it is not always correct

[Kvalentine]

I've noticed that all projects that use p2pb2b for IEO are scam, stay away from any project that plans to use such exchange, since IEO is the best crowdfunding presently it's easier to figure out which project will do well just by looking at which exchange they plan to use

[Sulman326]

When you read their paper and it looks too good to be true.Also check their whitepaper for plagiarism.Check the interface of their website, some fake projects you will find errors and poor website.However, have it in mind that some will pass all checklist but still will be scam project or project may fail due to lack of fund eventually.Crypto world is really is a gamble, we can never be too sure.

[Tomcolor]

There is indeed lot of analysis about team members because every scam project using fake profile image. I want important project power like partnership with final ieo update. I deep now i will forget thoes project ieo which exchange p2pb2b, probit ,vindex , latoken because there has more chance for scam.

[OptimusPrime_3]

So in essence, what I have learnt from here is
1. Look out for the project's address, google to make sure it real, map could help here.
2. Check social media account if new, check face, etc
3. Look out for team members  if they really promoting the project or just some paid managers
4. Check for license, website, white paper.
What else I'm I missing,? Pkease add

[huu78]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

I identified the project as a fake or not by reading all the information, the more information and behind a project, there are big people who support, I believe the project is good.
But if their social media is incomplete, the team is anonymous or usually takes people's linked profiles, whitepapers, or project roadmaps they are weird I think it's fake and they want to threaten you. basically multiply research and look deeper into a project that if you are interested.

[Wysi]

It's always better to spend sometime before enrolling for a new project and it's not rocket science to spot the fake projects as you will be able to do that by going through their whitepaper and check if it's not plagiarized from other projects because a fake project jut copies ideas from a random projects, verify the team members profile through Linkedin by going through their previous works verify it by reaching out those involved with them on previous projects, don't go for a project without real office and eve if an address is listed please verify the same because i have come across projects which does provide random European address when the management is based in other continent.

[Yatsan]

Nowadays, it is really hard to identify on which is the real one, the fake one and the scam one for the reason that scammers and let us include also the hackers who are making fake and scam projects are unbelievably improving their skills to make such schemes to look so natural and real on the first glance. You won't identify it easily by just checking up the whole thread so, you need to do manual researching on the essential things that you need to find out on the main background of the project. But still on that manner, they can be able to save themselves to look everything seem legible. So doing research is still not enough that's why there is a need to do observation on the project and see other member's opinion regarding the project once a concern member created a thread about that which is rare and impossible to do at all times because there are too many projects in the forum.

So, identifying a fake project would really take time to be done nowadays because of those reasonings that sometimes or most of the time turns out to be exposed when the project was already done and many have already been victimized. So to identify such fake projects, you need to keep a tough eye close into the project and observe every details that you can find suspicious and let yourself judge if you will trust and join into it or not.

[Slingshot]

Thank you for the insight as it's very important one checks whatever he or she wants to invest properly before investing. It saddens my heart the high rate of scams these days. Everyone should always ensure they check team, address though some hardly put address. I know of some projects especially privacy coins that claims anonymous, these projects can't be located because it has no information but best is to always follow them up to an extent true will show forth.

[Traderbtcc]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

Most crypto investors or traders don't bother checking the address as they can lie at times, because they don't have any real office address,only valid projects have a real office address.

So how do you indentify if the project is fake?

In order to identify any fake project, first thing we should do is to do a good research about the project, check the dev. team members they claim to have and verify if they are really involved in the project, although lately it's been really difficult to identify a fake projects, because scammers are becoming more clever as the days go by, they keep bringing up new techniques to make a fake project look real, so we should be very careful when investing in any new project.

[takana212]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

[Lantind]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

Yes, and maybe some other people also like the same thing as you, because they also don't want to take the time to check the wallet address of the project, they are more likely to check which tokens are listed on the exchange, so that when the tokens are distributed they can be directly sold to the exchange that.

[Blackrain13]

A couple way how to spot the fake project has mentioned, for me If there is a new project I will try to see the review of the member in this forum, if there is a questions from members and the answers is suspicious or absurd, it could be the project fake or just made to raise money from investors, I will stay away from those projects.

The same with me,i'm don't know how to identify the scam project very well that's why i always read the review of the members here in forum to become updated about the project. Sometimes ,there are project that have a good start and the whitepaper is great but the problem is the lack of good marketing strategy that turn them to fail and the other thought that it was a scam.

[killerfrost]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

Investing in altcoins already listed in the market is much safer. Currently new projects are too risky, there are too many scam projects that want to steal money of investors and disappear from this market.

[jahepahit]

Checking the address and location to know if it's real and also checking if the teams are really involved In the project or just using fake profiles to get things done. This two will open up a fake project .

[Vishnu.Reang]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

Investing in altcoins already listed in the market is much safer. Currently new projects are too risky, there are too many scam projects that want to steal money of investors and disappear from this market.

From my 3.5+ years of experience, I would say that even those coins and tokens that are listed in the exchanges are also not 100% safe. In the past, I had invested in coins such as BSD and GBYTE, which were listed in the exchanges. These coins have lost almost 99% of their value and they are in the process of getting delisted. So you can't trust all the listed cryptocurrencies. Needs to do research before investing in them.

[bluebit25]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

Investing in altcoins already listed in the market is much safer. Currently new projects are too risky, there are too many scam projects that want to steal money of investors and disappear from this market.

From my 3.5+ years of experience, I would say that even those coins and tokens that are listed in the exchanges are also not 100% safe. In the past, I had invested in coins such as BSD and GBYTE, which were listed in the exchanges. These coins have lost almost 99% of their value and they are in the process of getting delisted. So you can't trust all the listed cryptocurrencies. Needs to do research before investing in them.

There is no safe altcoin in this market, only safer altcoins will help you limit the risk of losses. But for the altcoins you talk about, it's only listed on small exchanges, try choosing altcoins at larger exchanges like Binance ...

[GreenStox]

identify the project as a whole, or see the details of the project, fake or scam projects usually copy copies of other projects and use good promotions, so the project looks real.
but some pretty good projects also make public introductions in a normal way and ultimately succeed, so it's rather difficult to distinguish if only doing a few times of research, but it will be seen if it is used.

[M Sarwar]

We are in a very active forum, lots of members cared for the community, so once the project listed is scam, it would certainly receive a negative tag from DT members but some pretty good projects also make public introductions in a normal way and ultimately succeed.

[monineklutak]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

yes absolutely right, the risk is very small if the project has been listed in exchange, rather than not at all, many fake projects that appear this year, hopefully we all avoid it

[tbterryboy]

One thing I notice that most of the fact crypto project is not so active in social media. Also, you can check here in the forum for top rank member's opinions. You will find many projects that is a market and verified as a scam project by the top and reputable Bitcointalk members. Also always keep an eye on social media for a new updates about scam projects.

Nowadays, most projects are hiring specialized people for being active in social media. When they are having dedicated people for each and every activities of their project then the chances for finding fake project is becoming too difficult. I completely agree with you for going with top rank's view and opinion. When experienced people are helping us then the chances for finding legit project will be too high. Still, we need to remember that even experienced forum members are getting scammed by highly planned ICOs.

there are many ways to identify a project scam or not, it's just that we don't know when we found it.

That is the reality. Until you experience everything goes smooth, you will never find out whether a project is legit or scam. Only when we start finding problems we may start counting them into scam category and the efforts and money we have put into them until then we'll go in vain; no other go.

[B.wealth]

The best way I know is by during good research about the project team, read about the CEO, advisors and other key members of the team, another way is by checking their partners if they are actually partnering with any well recognized company or personnel in the cryptocurrency industry, with this I think you should get the fact you want.

[robattfield]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

yes absolutely right, the risk is very small if the project has been listed in exchange, rather than not at all, many fake projects that appear this year, hopefully we all avoid it

It is only true when you select the altcoins listed in the major exchanges in this market, if you choose the altcoins listed in the small exchanges, I believe you will have a similar result. , the price will decrease many times and you will lose money with it

[rahmatullah9305]

We are in a very active forum, lots of members cared for the community, so once the project listed is scam, it would certainly receive a negative tag from DT members but some pretty good projects also make public introductions in a normal way and ultimately succeed.

It is indeed appropriate for fraudsters to receive it, because this is every manager always checks the project before he manages it, because if there is already a negative thing in his account, it will be difficult for everyone to trust in the forum.

[cytpoway121]

I have always been of the opinion that there are several ways to identify a fake project, but it all depends on each n every individual in the space, as a researcher, what do you see about a project? Is it the hype or the genuinety?

[CashbackLover]

There are many ways to spot the real intent of a new project, through asking tough questions you can burst a project if it's a scam, scammers don't like been asked tough questions, they will just get you blocked if your questions are too hard to answer but still you can't escape falling victim once in a while

[andycarrol]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

yes absolutely right, the risk is very small if the project has been listed in exchange, rather than not at all, many fake projects that appear this year, hopefully we all avoid it

It is only true when you select the altcoins listed in the major exchanges in this market, if you choose the altcoins listed in the small exchanges, I believe you will have a similar result. , the price will decrease many times and you will lose money with it

sometimes the founders of the project will try other ways, maybe by building their own exchange project and making IEO run on the exchange as happened to the BCNEX exchange, which currently has a scam, so you have to stay alert when you want to participate in a new project offer.

[sarmrakib]

I always read details about the project .I study on whitepaper if it is plagiarized or not .A real project has a always go through their plan and have a great platform .you may visit the scam accusation of forum to find scam project .Hope you will get it.

[memed97]

I have always been of the opinion that there are several ways to identify a fake project, but it all depends on each n every individual in the space, as a researcher, what do you see about a project? Is it the hype or the genuinety?

As a researcher who must always be seen is the real team in a project along with the project office and their collaborative partners must also be seen, it is up to the project to be hype or genuinety, clearly the things I say are things that must be seen first.

[New_order]

1. Check for plagiarism
2. Check when the project start development, if it's same year as 2020 and few months ago be more careful
3. If the project is listed on exmarket, p2pb2b, latoken, vindax the project is undeniable useless
4. Check real profile of the team on social media, make sure they have more than one pictures of real self
5. Ask impressive questions about development and future plans

[MikeyVeez]

I am still wondering why people here didn´t mention GitHub as the most important factor if the project is dead or scam. The best indicator of how the team is active in development is the number of GitHub proposals.

[kayvie]

It is actually hard to know or to identify the fake project. Most of the projects can literally make their project looks legitimate and many investors have really been victimized. But for your suggestion of looking for their address thru google maps, it can be effective and not at the same time. There are times that in some locations, the information posted and the building/businesses/shop located in a certain area is not the current running business on the said location.

[timmmers]

You can easily reduce the risk by investing only in IEOs that are created by real professionals. If the creators have successful projects in the portfolio.
The problem is that most of IEOs are not managed by professionals, they do not understand the problems what will come when they start developing the project. 

[bastian466]

Honestly I myself still have trouble determining fake projects, after reading many ways that can be done by checking research in various fields and I just heard by checking the location can determine fake projects in my opinion it is quite reasonable

[Majharul Saiif]

Still I am totally against fake project. Because the ultimate victim of fake project is bounty hunter and investors. This is not ethical for us to make fake project or to promote the fake projects to grow.

There are several reasons behind it like team member's identity, white paper, website etc. Only one factor can't define it completely.

[DabsPoorVersion]

Honestly I myself still have trouble determining fake projects, after reading many ways that can be done by checking research in various fields and I just heard by checking the location can determine fake projects in my opinion it is quite reasonable

Actually, most of us here are having trouble determining the fake projects,

Even if you have done thorough research to know whether if the project is fake or legit, it will still end up being a scam.

As OP said, checking the location can determine fake projects, yes it is reasonable. It is a big help to everyone, it is a must-do first because this is where we can determine if the project is really telling the truth or not regarding their location.

[Chuky92]

That's really a good way to spot fake projects, also to add to yours, another way is by checking the partners they list on their website. Checking their social media presence and activeness is also another way, because a project that is proud of their works or ideas won't hesitate to post a thing or two on their social media accounts. In addition, although the team can still steal other people's profile and cover up perfectly, one can still check the team's experiences to ascertain their level of seriousness. Lastly, although it is becoming a norm to overlook ideas and focus on hype ( not all the time though), but checking if the idea is really achievable is also a good way to spot the bad ones out.

[GREENch]

I may be wrong, but the most effective way to detect fraudulent projects is to check the identity of the development team. Very often even not particularly in-depth verification shows that the identity is fictional. To make sure of this, just look at the topic on the forum, there are plenty of examples.

[elementaryOS]

1. Check for plagiarism
2. Check when the project start development, if it's same year as 2020 and few months ago be more careful
3. If the project is listed on exmarket, p2pb2b, latoken, vindax the project is undeniable useless
4. Check real profile of the team on social media, make sure they have more than one pictures of real self
5. Ask impressive questions about development and future plans

Good checklist but I think the time of how long since the project start development is not meant much. As well as questions about development and future plans since they could pepared all of it before hand. Still, I think this is how people should do before invest in. Follow your list to see if they have any red flags.

[Krislaw]

1. Check for plagiarism
2. Check when the project start development, if it's same year as 2020 and few months ago be more careful
3. If the project is listed on exmarket, p2pb2b, latoken, vindax the project is undeniable useless
4. Check real profile of the team on social media, make sure they have more than one pictures of real self
5. Ask impressive questions about development and future plans

Best point so far IMO.
Plagiarism, exchange where a project is going to list or conduct IEO and profile are very important when choosing a project. A good project won't plagiarize other or list on list in shitty exchange. You will observe professionalism when you see a good project.

[armanhusni]

it is very difficult to get a project that is real or fake. because many projects that look perfect turn out to be running fake projects and those that don't look perfect run real projects, and if we review through the addresses, many projects don't include addresses on their websites even though the projects are very perfect and very real. so many things you need to learn before you join a project

[Diamond_Darrell]

That's a good way to start. The first thing we should do is search about the team members and verify if they are really involved in the project. Most of the fake ICO uses fake names and create new linkedin Ids with those fake names. If you encounter no other reference of the member and just a number of social profile that seem to be made recently than they are surely scam.
You can also try calling the phone number and inquiry the person who picks it up to find how serious they are about the project.

Absolutely right. Of course, this is not a one hundred percent guarantee of a successful project, but it will definitely help determine the real intentions of the developers

[wozzek23]

Checking out what others are saying on a third party place where the team can't reach is a very important thing. For example bitcointalk is the greatest place for that, here you can see people saying whatever they want about the project, they could call it a scam, they could say it is a big trick to get people to give them their money, they could call the creators mean words and all other things and they are free to do so here.

This is why I believe it is quite important to know what the project is like depending on the thoughts of people who are free to speak their minds. You can go to their website, their telegram, their whatever and everyone there will be great, you know why? People who dislike it will be banned or shunned. This is why I believe it is quite important to actually check places like bitcointalk.

[tyoA7X]

quite difficult to find fake projects because project fake just the same as good project there are only a few factors finding a fake project
read the white paper carefully if the project prospect does not make sense it is most likely the project is fake

[Sebas.tian]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

The truth is, many investors don't care to check their projects they choose to make their investment, this has made many of then suffered loose. Also, traders don't carefully embrace the power of investigation before buying into a coin to trade, many of then are been pump by scammers. For anyone to get fake projects will be as a result of greediness.

[dongosquad]

You can easily reduce the risk by investing only in IEOs that are created by real professionals. If the creators have successful projects in the portfolio.
The problem is that most of IEOs are not managed by professionals, they do not understand the problems what will come when they start developing the project.  

This is the most appropriate alternative if we want to avoid fake and scam projects. By investing through IEO, of course, what is handled by the exchange top with a good reputation, we need not be afraid because it must have been analyzed by a team of professionals who are competent in their fields. Lately, fake projects seem so promising, fraudsters are very good at hiding their fakes.
But keep in mind, join IEO which is handled by trusted exchanges with a good reputation like Binance. Ignore IEO on shitexchange, it's just bait.

[Utoy101]

That's a good way to start. The first thing we should do is search about the team members and verify if they are really involved in the project. Most of the fake ICO uses fake names and create new linkedin Ids with those fake names. If you encounter no other reference of the member and just a number of social profile that seem to be made recently than they are surely scam.
You can also try calling the phone number and inquiry the person who picks it up to find how serious they are about the project.

This is indeed a nice way to check the credibility of a project, i often carry out most of your the vetting procedures you list out but often atimes but now, i often look out for the exchange for possible IEO listing and the big partnerships  becuase the success of IEO seems to be majorly influenced by how good the exchange.

[Denreal]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

yes absolutely right, the risk is very small if the project has been listed in exchange, rather than not at all, many fake projects that appear this year, hopefully we all avoid it

It is only true when you select the altcoins listed in the major exchanges in this market, if you choose the altcoins listed in the small exchanges, I believe you will have a similar result. , the price will decrease many times and you will lose money with it

sometimes the founders of the project will try other ways, maybe by building their own exchange project and making IEO run on the exchange as happened to the BCNEX exchange, which currently has a scam, so you have to stay alert when you want to participate in a new project offer.

Yes, you are right. All the exchange projects i attempted are scam. Well, i do not know if some actually came out plain and were sincere, which i did not attempt. They know that if the IEO is done on an external exchange, they might not be allowed full access to the fund and perhaps, there will be a lockup period, which they are running from.

[InwardContour]

I may be wrong, but the most effective way to detect fraudulent projects is to check the identity of the development team. Very often even not particularly in-depth verification shows that the identity is fictional. To make sure of this, just look at the topic on the forum, there are plenty of examples.

If one can verify if the team is real, capable, reputable, and also if the project has good backings, then its a green flag. For example, you don't expect a project backed by Binance or Coinbase to fail easily. But sometimes projects use fake backings. I had to verify if one project which claimed was backed by coinbase early this year and to my greatest dismay, it was fake, this is just an instance. Sometimes the team use details of other people (imposters), or do put up fake social media handles which look so real with wonderful profiles to lure in investors. Checking team alone is not enough when doing research before investment.

[safem]

There are lots of fake projects and the way to identify them sometimes varies.If one does not know the original project, it may be difficult to identify fake ones.We have to always be on our guard to ensure that we do not fall victim of these fake projects. In some cases, I have been able to identify some fake projects in crypto. Sometimes, majority of these fake projects may have non-functional telegram hence making people to always have a suspence of what fake projects are. It is also possible sometimes to identify these fake projects by websites that are not functioning. Also we have to know as well too that as there are fake projects, there are also good ones.

[poodle63]

previously I have never checked the authenticity of a new project address, for now, I prefer projects that have been listed on the market, although the price is cheap but the success rate of the project is clear.

yes absolutely right, the risk is very small if the project has been listed in exchange, rather than not at all, many fake projects that appear this year, hopefully we all avoid it

It is only true when you select the altcoins listed in the major exchanges in this market, if you choose the altcoins listed in the small exchanges, I believe you will have a similar result. , the price will decrease many times and you will lose money with it

sometimes the founders of the project will try other ways, maybe by building their own exchange project and making IEO run on the exchange as happened to the BCNEX exchange, which currently has a scam, so you have to stay alert when you want to participate in a new project offer.

Yes, you are right. All the exchange projects i attempted are scam. Well, i do not know if some actually came out plain and were sincere, which i did not attempt. They know that if the IEO is done on an external exchange, they might not be allowed full access to the fund and perhaps, there will be a lockup period, which they are running from.

The lockup period is a must. I think if this has already mentioned in the agreement between the team and the exchange site who has been launching the IEO. We have learned a lot from BCNEX is what has already offered by this crap exchange site totally fake and we could also see that from the hot wallet whether it has real liquidity or not.

[Shasha80]

Do research and inquiry on the projects we will choose, I usually start by examining the team projects. If it's real the profile should match
the one on social media. After that, check whether the projects are actively promoting on social media, and finally pay attention to other
people's reviews of the project. If positive is certainly very good, the important thing is to dig in depth information about the project. Later
you will find a conclusion whether the project is real or fake.

[btcholder]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Yes, it is frustrating. You can start with their white paper and searching about their team member and partners. Social activity, Community support, Real products, Believable idea was also good point in that case. Don't invest those project whom offer so much bonus on their token sale platform, always try to choose legit exchange for ieo investment. And more important thing don't be a fool for their greedy offer, always trust your investigation.

[Blue_oxen]

Yes, it is frustrating. You can start with their white paper and searching about their team member and partners. Social activity, Community support, Real products, Believable idea was also good point in that case. Don't invest those project whom offer so much bonus on their token sale platform, always try to choose legit exchange for ieo investment. And more important thing don't be a fool for their greedy offer, always trust your investigation.

Yes, your way is my way also. I will first start to look at their white paper and doing researches about the project as well as the team members, bounty managers. Then, along the way of investing, I'll keep an eye on their social activity by following their fanpages. The requirement for a project is that their team has to be clear about what they are doing and planning to do by pronouncing it on social media or other communicating platforms!

[shoreno]

The team is fake if they use a plagiarized white paper

no they are seperate . team and whitepaper can be faked both  but they can be a legit team as on what they have proposed but they can fake the whitepaper or they can make a legit white paper but they are composed of fake teams   .

They promote fake team and fake project, by some other people that are trying to detect scams and fraud projects, they are being reported if they manage to have a fake team. Some projects are like this.

thats why we dont need to worry that much  because thankfully there are those scam busters that can detect them  . its hard to know if a project is fake by our ownself but scam busters on the ico/ieo field already have an experience to this , make it more easier to them to do thier jobs   .

[BitcoinTurk]

So how do you indentify if the project is fake?

 
The answer is quite simple, I have an idea about the project by researching the project and evaluating the overall project. The most important details are to research about the project team, to learn the project goals and usage areas, to know which investor audience the project is named, to know the partners and supporters of the project, and most importantly to learn transparent details about the economic status of the project, and to evaluate the project. In addition, when detailed research is done about project team members, you can get information about people and have an idea about how they will shape the future of that project, or you can get ideas about the project by knowing about the team members.

[Kong Hey Pakboy]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

I also felt getting frustrated when I know that the project I participated is a scam or fake, that is why we need to make good research and ask some experts if the project is promising enough that will give you a good profit in the future. We can easily look for the project details if it is fake or not by looking to their team members. whitepaper, lightpaper, and website because it is very difficult for them to fake and these details.

[gaston castano]

fake projects usually don't have a real roadmap or whitepaper and only copy them from other projects so if you take the time to research a project you will get used to it for a long time.
You could say you already know how to choose good and bad projects.
at least you get a describe of the project.

[Sterbens]

The team is fake if they use a plagiarized white paper and i think this is the commonly used by a fake team in cryptocurrency. They promote fake team and fake project, by some other people that are trying to detect scams and fraud projects, they are being reported if they manage to have a fake team. Some projects are like this.

Obviously, and the fake name is something that is not original, so the scammer who made the fake project is sure to use all the fake data for the project's needs, be it white paper and the team's arrangement and project concept are also fake.

in fact it has happened a lot that I see on the board of fraud allegations of many projects by copying whitepapers and also fake teams of course they have stolen concepts from other projects and fraudsters just want money to get so it is not possible to have a brilliant idea for the project itself.

[bayudndy]

The easiest way is to check the whitepaper and team, Usually scam projects will plagiarize and use photoshop images to deceive investors. But right now it's a fairly classic test, scammer is getting smarter and harder to detect

[CHENIEN]

maybe fake is commonly unpredictable, we have no power to detect what is legit or not so, practically our opportunity is to identify before we dive to ensure our time is resourceful. This season we can't deny that more project is fake. it is probably that In a simple way they used this pandemic to infiltrate their dark intensions to raise big money, because often in the middle they suddenly disappear.
 

[bussybuddy]

The easiest way is to check the whitepaper and team, Usually scam projects will plagiarize and use photoshop images to deceive investors. But right now it's a fairly classic test, scammer is getting smarter and harder to detect

Don't waste your time analyzing new projects, spend that money and buy the top altcoins in this market and hold. I have invested in many new projects with good reviews, but in the end, they still died and became a scam in this market.

[matchi2011]

The easiest way is to check the whitepaper and team, Usually scam projects will plagiarize and use photoshop images to deceive investors.

Common that we can found from those scammers are plagiarizing whitepapers and fakes photos of teams who claimed to be the developers.

But right now it's a fairly classic test, scammer is getting smarter and harder to detect

Scammers are learners, they will do anything to attract investors. They are smart and continue managing to exist from this industry.

[bastian466]

Honestly I myself still have trouble determining fake projects, after reading many ways that can be done by checking research in various fields and I just heard by checking the location can determine fake projects in my opinion it is quite reasonable

Actually, most of us here are having trouble determining the fake projects,

Even if you have done thorough research to know whether if the project is fake or legit, it will still end up being a scam.

As OP said, checking the location can determine fake projects, yes it is reasonable. It is a big help to everyone, it is a must-do first because this is where we can determine if the project is really telling the truth or not regarding their location.

Then how to determine that the location is the location of the project, then someone must go there and prove the truth of the location, Do not be done by one person must be proven by many people so that hunters and investors believe that the project is real

[umbara ardian]

Honestly I myself still have trouble determining fake projects, after reading many ways that can be done by checking research in various fields and I just heard by checking the location can determine fake projects in my opinion it is quite reasonable

Actually, most of us here are having trouble determining the fake projects,

Even if you have done thorough research to know whether if the project is fake or legit, it will still end up being a scam.

As OP said, checking the location can determine fake projects, yes it is reasonable. It is a big help to everyone, it is a must-do first because this is where we can determine if the project is really telling the truth or not regarding their location.

Then how to determine that the location is the location of the project, then someone must go there and prove the truth of the location, Do not be done by one person must be proven by many people so that hunters and investors believe that the project is real

To be honest, it is impossible to pinpoint the exact location of the scam projects, which is why the scam projects were never caught. The best way to test a new project is to be their partner, if they have large partners in this market, it is definitely a reputable project.

[mezzaluna]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

There will be a lot of hints to determine whether a project is fake. First, you can see poorly created websites with no whatsoever feel of security just by viewing it. Second, if the creators or managers talks through fake accounts or accounts that is not related to their names, that might sound bad since if they want to promote their projects, they need to face the audience they are promoting to.

[StephenJH]

I always read details about the project .I study on whitepaper if it is plagiarized or not .A real project has a always go through their plan and have a great platform .you may visit the scam accusation of forum to find scam project .Hope you will get it.

If we want to know that the project is fake or not, must make some research about this project. Maybe as you above mentioned details about the project, whitepaper, their goals, etc. The plagiarized project has not such things, they use mostly fake backings. These steps are good for beginning, but not enough.

[GatotKaca]

fake projects can be distinguished from several factors if in my opinion the fraudster project always closes the sales from the first phase to the end
besides, the lack of the latest updates from the project, and whitepaper makes no sense

[bitgolden]

To be honest, it is impossible to pinpoint the exact location of the scam projects, which is why the scam projects were never caught. The best way to test a new project is to be their partner, if they have large partners in this market, it is definitely a reputable project.

It depends; it is up to your level of expertise. When you keep watching for a project and tracking them on every aspect then you can simply find about their level of credibility more easily. When you are interacting them on their official topic and you keep tracks of their responses, I believe no scam devs will be able to escape by providing us fake answers. The catch here is, how intensively we need to ask questions on their development progress and all other related things.

We are having lots of experts to identify scams and when you are following them along with your due diligence then identifying scam projects and securing your capital not investing into wrong projects will be come your usual practice for sure. These all possible through experience along with continuous learning. Nothing will be possible over the night.

[TopT3ns]

fake projects can be distinguished from several factors if in my opinion the fraudster project always closes the sales from the first phase to the end
besides, the lack of the latest updates from the project, and whitepaper makes no sense

but now it is difficult to determine which projects are scams or not because in many cases they still provide very good service until the end of the collection of funds and after that they do the scam slowly by the way without the knowledge of the investors.

[Sulman326]

As a bounty hunter I have been a victim in fake projects because the project they presented there's no way you will think it's a fake projects base on their promises to the community so is very difficult to know especially when one is desprate to participate in the project campaign because the team said that the project will be huge in the future time, for me I first of all consider the name of the projects if it sound funny I consider it as fake.

[bastian466]

Honestly I myself still have trouble determining fake projects, after reading many ways that can be done by checking research in various fields and I just heard by checking the location can determine fake projects in my opinion it is quite reasonable

Actually, most of us here are having trouble determining the fake projects,

Even if you have done thorough research to know whether if the project is fake or legit, it will still end up being a scam.

As OP said, checking the location can determine fake projects, yes it is reasonable. It is a big help to everyone, it is a must-do first because this is where we can determine if the project is really telling the truth or not regarding their location.

Then how to determine that the location is the location of the project, then someone must go there and prove the truth of the location, Do not be done by one person must be proven by many people so that hunters and investors believe that the project is real

To be honest, it is impossible to pinpoint the exact location of the scam projects, which is why the scam projects were never caught. The best way to test a new project is to be their partner, if they have large partners in this market, it is definitely a reputable project.

Therefore, there must be more serious handling of what else is related to money, it must be brought to justice and someone who works with the agreement will be paid and if they violate it, It can also be brought to law, Right or not?

[shakesbear]

I treat all projects as fake and potential scams, all investments are at your own risk. 100% scams project are easy to identify, you only need to spend time on a small study of the project.

[GREENch]

I may be wrong, but the most effective way to detect fraudulent projects is to check the identity of the development team. Very often even not particularly in-depth verification shows that the identity is fictional. To make sure of this, just look at the topic on the forum, there are plenty of examples.

If one can verify if the team is real, capable, reputable, and also if the project has good backings, then its a green flag. For example, you don't expect a project backed by Binance or Coinbase to fail easily. But sometimes projects use fake backings. I had to verify if one project which claimed was backed by coinbase early this year and to my greatest dismay, it was fake, this is just an instance. Sometimes the team use details of other people (imposters), or do put up fake social media handles which look so real with wonderful profiles to lure in investors. Checking team alone is not enough when doing research before investment.

It seems to me that the example you gave is a confirmation that checking team members is the main thing in the analysis of the project. Since if all members of the project are real, then they will not need to fake social networks(or anything else).

[Metall303]

I treat all projects as fake and potential scams, all investments are at your own risk. 100% scams project are easy to identify, you only need to spend time on a small study of the project.

if you follow this strategy, in the end, you will not get frustrated if the project turns out to be a scam. If the project becomes something good, then you are happy with your profit.

[yulchatar]

Many of us had bitter experience participation in fake projects, and after that many began to delve more seriously, and study the project and the team. Now I'm also more attentive and I don't invest in all. I'm waiting and choosing only serious projects with a good reputation.

[Cocoincos]

Good chance to know - is to check up the whitepaper, if it unique its mean that project have big chances to be true or real, but if no - it is 99% fake

[Idrix1]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

This is indeed a good way to verify the guenuity of a project, however I've seen many scam projects that did have a real office, teams do show up at blockchain conferences and also show videos recorded from the office but still exited scam and that's why i believe we can only try so far to verify the guenuity of a project, after that we just have to take a few leaps of faiths.

[coinfinger]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

There are lots of ways that scammers can use to scam people, we just have to know the ways they use and then know how we can avoid them. When it’s about cryptocurrency, the regular means that scammers take to scam people is through ICO, and by this they create fake telegram groups with their fake administrators and pretend to sell tokens and once people have sent the ETH, they will run a way with it.

Ethereum just made things easier for them, it wasn’t like this before, so people have to be extra careful. When you see ICO try to ask questions, ask your friends or this forum and people will look into it, you can go through their white paper and everything to be sure. And check their exchange that they have been listed on. All these fake ICOs will try to ignore you or even block you from their telegram groups when you ask reasonable questions that can expose them, so take note.

[restuibu]

Google maps sometimes don't update quickly, like in my place that has a lot of changes but on Google map still with the old look, so it's very difficult to find projects through Google Map, one of the best ways is to be directly located and this is not possible to do own research

[olamidey]

This is my technique, i always use Google map to verify the address provided by the project. If the address is  not existing, or there's some suspicious ir unverifiable claim, i immediately abandon the project.

I would understand if a project don't have a physical address, it might be because they want to operate virtually or the team don't have enough money to rent an office. But if a tea gives you a wrong address, then they are out to fraud you, because a project built on the foundation of lies has nothing to offer. 

This might not be the only way of spotting a fake project, but it is a very essential method.

[yazher]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Honestly, I don't know about this tecnique since we are only checking the people behind the project if they used fake Linkedin account or stole images from the internet. now this tecnique can be countered by the scammers but sometimes they can be track by this method. Yours are different but sometimes it would be an easy method to know if the project is scam or not.

[bluebit25]

It is impossible to distinguish which ICO is fake, not even professional people can verify exactly. Like the ATTN project IEO at Okex, it was a fake project and was accused. Okex has canceled this project and is looking for another project

[TopTort777]

This is my technique, i always use Google map to verify the address provided by the project. If the address is  not existing, or there's some suspicious ir unverifiable claim, i immediately abandon the project.

I would understand if a project don't have a physical address, it might be because they want to operate virtually or the team don't have enough money to rent an office. But if a tea gives you a wrong address, then they are out to fraud you, because a project built on the foundation of lies has nothing to offer. 

This might not be the only way of spotting a fake project, but it is a very essential method.

Do you understand that registered address and physical address can be different. What would you say if registered address is a dump whole or a "place on a small country where lots of projects register because of their tax policy" ? But their office is in a skyscraper? Or you "only know a place" where the project might be registered (*pointing my finger on Binance and Malta*) - would you trust this project ?

[konflikkastil]

I think it will be very hard to detect fake projects, because of the guys running the project are so smart that's they will make sure they do everything to cover any trace of been noticed. But one way or the other, if you have been inthis game for awhile, you will probably be able to spot one if you see it. I once fell too, but I learnt my lessons. And I have been very careful in other not to waste time and resources of fake projects again. They are really a waste of time. The experience is not good at all.

[davinchi]

It is impossible to distinguish which ICO is fake, not even professional people can verify exactly. Like the ATTN project IEO at Okex, it was a fake project and was accused. Okex has canceled this project and is looking for another project

By considering the level of preparation nowadays scammers are taking, it is almost impossible to identify which is fake and what is going to get us real profits. Only when time moves, we are able to distinguish the actual things from fake things. But, in between time scammers are able to achieve what they are actually planning up. This is the reason, we are almost not having an industry in the name of ICO; those scammers killed that industry slowly. In recent times I'm not following any of ICO/IEOs, which could be the reason why I'm not aware of the project you have mentioned.

if they used fake Linkedin account or stole images from the internet. now this tecnique can be countered by the scammers but sometimes they can be track by this method.

Scammers are intelligent enough to get updating themselves so that we cannot use same old techniques to track them down. Nowadays all KYC documentation and highly prepared linkedin accounts are available for buying but for huge prices still I believe those previous scammers might be affording to buy and use them.

[Westfiled]

It is impossible to distinguish which ICO is fake, not even professional people can verify exactly. Like the ATTN project IEO at Okex, it was a fake project and was accused. Okex has canceled this project and is looking for another project

You should try to visit the scam accusation section too. When attn was getting accused and then the community was doing a better thing rather than what has already done by the exchange site. The community has a lot of people that can do various research on the project at the same time.

[ScamViruS]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

In some cases, fake projects are difficult to figure out. The main reason for this is that scammers design the project in a way that makes it difficult for investors to catch them. I saw a lot of projects that looked like real projects, but later I saw that they ran away with the investors' money. I have seen many good projects run away with funds after ico. There are some smart scammers who bring a project to the market, but it is difficult to find out the purpose of that project. So it is not possible to know 100% of a project in advance. Because the project team knows best about their next steps.

[JungleOnion]

Guys stay away from the project "Originate" I saw their bounty thread and the project literally has no value whatsoever to offer investors or users. Their white paper basically consists of a summary of blockchain and cryptocurrency in general terms nothing really unique or proposed by the team so perfect example of a fake project. Do your research, really investigate a project and never deposit your money in the hope of profit, always invest your money where you see future not greed.

[bearexin]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

Lol, sometimes scammers can even use real addresses, but that doesn’t mean that they are located at the address they have used. So no matter what, you have got to be very careful with how you choose what to invest your money in. Try to know their team if possible, that’s where they will usually mess up, because they will have to fake their identity if they are scammers. Their social media handles can help to reveal who they are. Check their LinkedIn and Twitter and check their activities.

Regardless of who many measurements we are taking to identify fake projects, these days devs are making themselves to look like more realistic and this is the reason all those measurements are ending up in vain. But, this does not mean we should not be careful like before; we must continue what we are doing so that they could find them out at possible levels.

[Kasabus]

Guys stay away from the project "Originate" I saw their bounty thread and the project literally has no value whatsoever to offer investors or users. Their white paper basically consists of a summary of blockchain and cryptocurrency in general terms nothing really unique or proposed by the team so perfect example of a fake project. Do your research, really investigate a project and never deposit your money in the hope of profit, always invest your money where you see future not greed.

Of course this should be the mindset of a wise investor. Never ever trust a project without doing some research that would prove that they are legit. I always make a background check on the team behind the project if they are using their real identities because a fake one would only use other people's identities that are already established so that they can still lure more investors. It would be good also to check their address if they are really residing in there or just using fake one.

[fvb]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Here everything has already been written how to check.  Previously, when I did many different bounty projects, I used it. https://bitcointalk.org/index.php?topic=5045726
Sometimes the photos of the so-called project team were generally with incomprehensible people.  Which had nothing to do with crypto.

[b1k4ng]

the first thing I saw was the product, after that I saw the team and the community in the telegram. if one of them I get something quite strange then I will immediately consider it scam project

[LbtalkL]

That is a nice tip for newbie investors, address authenticity really matters, I also look for facts about the team, read whitepaper, social media engagement but for now I guess offline blockchain conferences now is not possible. The projects idea is important too. I also look for partnership if they made some and confirm it to the said project if the partnership is genuine.

[tbterryboy]

the first thing I saw was the product, after that I saw the team and the community in the telegram. if one of them I get something quite strange then I will immediately consider it scam project

But, there are big chances for making you believed into them easily as your measurements are sounding like enough against how well scammers are preparing their all aspects which includes social media activities and whitepaper and roadmap presentation and etc. If you look for only such very limited things then the chance for getting into scammy project is more. You must include few other steps in your due diligence procedures so that you could stay secured against all fake projects.

I am completely staying away from ICO projects hence I am not spending any time on finding projects whether they are good or not to work with. But in the past, when I was actively participating into ICOs, I do always check high rank forum members for opinion and most of the times, they are good in spotting fake projects.

[Etsu]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

This is indeed a good way to verify the guenuity of a project as google map and other onlime map platform has made it easy to check any location almost everywhere in the world. checking out about the team is also sure way to verify a project because often atimes, fake project do use names of people who doesn't exist at all and if the linkedin profile of the teams are new, that's also a sign they might be scam

[makishart]

It is impossible to distinguish which ICO is fake, not even professional people can verify exactly. Like the ATTN project IEO at Okex, it was a fake project and was accused. Okex has canceled this project and is looking for another project

I saw their announcement a few hours ago, it seems that the project was having some problems when ATTN Holdings and Evos Esport stated that they had nothing to do with this project. Most likely this project will be canceled from Okex Jumpstart

Based on what you have already said above me and that means ATTN dev was a big liar. When evos said it has nothing to do with the partnership that has already sounded by ATTN team and that was a scam team. I hope ATTN ico will be removed from okex jumpstart

[Genemind]

You can start with that or verifying the identity of the team if it's legitimate or not. Just do the basics by reading through the white paper, or even joining their community asking the team questions. I've been into some projects where the team cannot answer the question of the community professionally or avoids questions that are about the projects legitimacy or future plans.

[havoc928]

You can start with that or verifying the identity of the team if it's legitimate or not. Just do the basics by reading through the white paper, or even joining their community asking the team questions. I've been into some projects where the team cannot answer the question of the community professionally or avoids questions that are about the projects legitimacy or future plans.

True! Directly asking the teams is the best way to do after reading all the white papers. Do not believe in the white paper only because it can be fake! Doing researches is not enough if you don't verify the information that you read. Choosing trusted sources as well as trustworthy information is very important. In general, contacting directly with the team and give them some professional questions to answer, you'll know something!

[Gorosden]

You just have to do your own research and if you aren't satisfied enough this forum got you covered, there is nothing wrong asking the audience about what they feel about a particular crypto project, if it has bad reputation or scam accusation you will get neat answers

[Erumo]

You can start with that or verifying the identity of the team if it's legitimate or not. Just do the basics by reading through the white paper, or even joining their community asking the team questions. I've been into some projects where the team cannot answer the question of the community professionally or avoids questions that are about the projects legitimacy or future plans.

Have you asked each and every team member? Could it be possible that the person you have asked is not responsible or is not working in the area your question was? Also matters where you have asked. If this was done on a telegram, then group admin might not be a guru of a project.
But if you have asked overall question about the project and the team was silent like a fish or not able to make an adequate answer, then yes, your method worked well. 

[Psynthax]

True! Directly asking the teams is the best way to do after reading all the white papers. Do not believe in the white paper only because it can be fake! Doing researches is not enough if you don't verify the information that you read. Choosing trusted sources as well as trustworthy information is very important. In general, contacting directly with the team and give them some professional questions to answer, you'll know something!

Before trusting anything the developers say if you really want to finds out whether a project is fake or not. try to investigate their identity and whether they are real person or not or just some stranger impersonating a person and it's the most important thing. In the past, there are so many people found out using someone else's identity for their ICO project and that's an obvious scam sign.

[btcltcdigger]

Honestly, it takes years of experience and getting f**cked recked many times to have a "spidey sense" about it.
But usually, if it looks too good to be true, it is.
Any project promising "cloud mining", or "trading bots" or even high returns by doing anything, is a scam, or atleast a ponzi/pyramid.

Look at it this way. If cloud mining can return more than what you pay for it (which is usually a promise). why would they give it to you?

[arufox]

So how do you indentify if the project is fake?

To identify fake project is so difficult, especially for people who have little knowledge about crypto, also we must spare time to doing a depth research. Many people can't do this. So for me it's so simple, go to scam accusation board https://bitcointalk.org/index.php?board=83.0 everything you need in there. That's board will help you before investing

[someone703]

Make your own assessments, such as checking websites, groups, investors, white papers ... if it is still not enough, you can consult the ICO review websites.

[RabbiTANK]

It's not easy to identify or detect a fake project on crypto world, its going to cost you a lot if you are new, meaning that you would have fall more times for scam projects before you start knowing how to really avoid them, without some real mistakes you can never know how to, you might have few ideas but won't make much difference.

[bayudndy]

Do not waste your time with new projects in this market, they will somehow get a lot of trust from investors. And then the project will die slowly and disappear from this market. Go to coinmarketcap and choose the best projects there to invest

[Princeofpoetry]

you can consult the ICO review websites.

Is the ico review website meant about ico rating? if yes, I am not sure that it can avoid fake projects

[omnik]

Make your own assessments, such as checking websites, groups, investors, white papers ... if it is still not enough, you can consult the ICO review websites.

ICO review site will not give you a good solution as that site was also being paid to promote the icon. So many people have been accusing icobench caused by that and it has turned into the dead platform right now.
It's better to see the review from the community.

[kaseygriffin]

I do not have too much knowledge about distinguishing scam projects. I usually read their whitepaper and group test, but it was not enough to judge the quality of the project. So I often consult with other people and reputable websites in this market

[Icologies]

I do not have too much knowledge about distinguishing scam projects. I usually read their whitepaper and group test, but it was not enough to judge the quality of the project. So I often consult with other people and reputable websites in this market

in terms of partners, it does not guarantee that the project will be good, There are so many ways the project To do cheater, the project dare to put it without the approval of the partners, I prefer devloper activity if frequently update and make an ivent event it is likely that the project will be good

[Pamadar]

I do not have too much knowledge about distinguishing scam projects.

It's not as easy at it is, even those projects that looks like legit eventually turned into scam and runaway with investors money.

I usually read their whitepaper and group test, but it was not enough to judge the quality of the project.

Scammers are also good duplicating how legit project works with whitepapers, they are knowledgeable managing the write ups.

So I often consult with other people and reputable websites in this market

It's good to seek for more ideas and information before totally investing in to lessen the chance of being victimize.

[bangdol]

I do not have too much knowledge about distinguishing scam projects. I usually read their whitepaper and group test, but it was not enough to judge the quality of the project. So I often consult with other people and reputable websites in this market

If you don't have much knowledge about evaluating new projects, then I think you shouldn't invest. It is too dangerous and you may lose money at any time, if possible, you should choose projects that implement IEO. It will be a bit safer and more profitable for you

it will be just as risky when the IEO did by the project is in the wrong place. now many IEO projects also fail or scam. for beginners, it is better to invest in a market that is already feasible.

[coin-investor]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

It's one of the ways to find out, some of the effective ways are checking the profile of their members some of them are photoshopped, and checking their whitepaper, some of them faked or copied their whitepaper from other projects, you can also them to do AMA and if they decline then we can suspect that this is not real people and they are faking their credentials.

[MCobian]

To be honest until now I still have trouble making sure projects are fake. Because new projects in circulation now look like real projects.
From the start of website design, roadmaps, whitepapers, social media, promotions and even the developer team is very convincing. So I'm
quite confused about how to effectively find out those projects are fake. For now I choose to invest in new projects with many bounty hunters 
are promoting, in my opinion an example of a real new project is Diadata.

[Perfect35]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

It's one of the ways to find out, some of the effective ways are checking the profile of their members some of them are photoshopped, and checking their whitepaper, some of them faked or copied their whitepaper from other projects, you can also them to do AMA and if they decline then we can suspect that this is not real people and they are faking their credentials.

besides that, sometimes the social media that his team uses doesn't have too much information. Well, it's weird that big people don't have famous social media. even more so when they hid their team, personally, I would not support a project like that, even that was very suspicious.

A real and trustworthy project would have started building it's capacity long before it's launch. There are some that have been in existence three years before fundraising programme and some have been existing long before that. A very good example is Hybrix. If a project that is just created and few months fro that time, it launches on a fundraising programme, that should be a suspicious project. Most times, when you check their social media handle, it is either they have scanty posts or that they just started posting of recent. That also is a no to me.

[marks1976]

A real and trustworthy project would have started building it's capacity long before it's launch. There are some that have been in existence three years before fundraising programme and some have been existing long before that. A very good example is Hybrix. If a project that is just created and few months fro that time, it launches on a fundraising programme, that should be a suspicious project. Most times, when you check their social media handle, it is either they have scanty posts or that they just started posting of recent. That also is a no to me.

I think the time from when project created and when they are doing ICO have nothing to do with legitimacy. there are some projects that's just an idea and getting realized after ico ends. i think what matter most is how the developer prepare their project and how they response to any question relating their project.

[Olatunjex]

I just make a basic research but mostly I would just check the ANN thread in the forum.
We are in a very active forum, lots of members cared for the community, so once the project listed is scam, it would certainly receive a negative tag from DT members.


I agree with you and I also do this. Other things I do is to check the authenticity of a project whitepaper, their social media for updates and the team members whether they are genuine or not

[404edson]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

First thing of me to do is to check of the bounty administrator. I based for their past recommendation that there's a lot of ICO's here are successfully launched to the exchange that both investors and bounty hunters are happy for the result. They got well paid and investors had a good profit. Tracing their works might be useful for you to come up investments or taking bounty.

[Review Master]

First thing of me to do is to check of the bounty administrator. I based for their past recommendation that there's a lot of ICO's here are successfully launched to the exchange that both investors and bounty hunters are happy for the result. They got well paid and investors had a good profit. Tracing their works might be useful for you to come up investments or taking bounty.

The way of your searching is really good. But we rarely findout those kind of campaigns which are managed by well-reputated bounty admin/manager in this current time. Nowadays, only scam bounty admin/manager who are here in this forum only to launch their bounty/ann to collect funds from investors and there are no real use-case of the projects. So, it's always better to look into the "scam accusations" or scam busters are doing their jobs by flagging the projects to make aware among the investors/bounty hunters which the best way to know about the projects, Imo.

[SistaFista]

That is one of many ways to know the project is real or not, a part of due diligence or self research.
You can find any address in google map indeed, but some projects doesn't have company address because they just start the project and we should find other way to find out about the project whether it is real or fake.

[iTradeChips]

That is really one of the hardest a bounty hunter needs to figure out in his entire experience of being a bounty hunter. That is to figure out if the project is legit or if the project is a scam. Definitely many hours of reading and research needs to be done and that is no easy task for someone who has many things to do other than doing crypto. If one has many tasks in his daily life and has barely time to give for researching crypto then that is not really an easy task because you need to find out many things about the project. So at this point, it is important to have time management skills in order to be able to know a project better.

[FLHippy]

Check team members on Linkedin, check their previous experience, and what projects are behind them. Check if they have any real residency.
The anonymous team without any experience is for sure a fake one. 

[Poppy_ALTStrader]

This is really good question because there are so many fake projects,  and it's not always obvious. Fake photos and bio of CEO and others... I'd be glad to read all info that was write in this topic

[jrrsparkles]

Whitepaper and project team analysis are the best way to find fake projects but the next level scammers are creating everything for real because they are investing their money to make in millions which kind of fake projects are not easy to get exposed themselves just like with addresses.

[Casdinyard]

Basically nowadays, fake projects do really look deceiving. You know why? It is because fake projects are most likely to look like real and legitimate on bare eyes and at first glance for the team behind those fake projects have already improve and evolve the way their project is present to look presentable and attractive to many people on which is unknowingly fake at the real deal.

Identifying fake projects nowadays would be a great challenge and it will need thorough research, effort, time as well as observation to be able to verify if such project is a real or a fake one. Nowadays, fake projects are doing a real good camouflage and dress up like a real one on which it will just be revealed most of the time when the project is already done and they have already achieved their goal. The old days of easily identifying fake projects seems to be over because those scammers who create fake projects are now being so much wise to create fake projects that can be deceiving to many people in general.

[umbara ardian]

Whitepaper and project team analysis are the best way to find fake projects but the next level scammers are creating everything for real because they are investing their money to make in millions which kind of fake projects are not easy to get exposed themselves just like with addresses.

With this reseach, you can only detect classic scam projects, now the scammer is much smarter and I believe that they will create fake projects that are very sophisticated and difficult to see them

[Oppo57]

In fact, it is very difficult to understand which project will be good or which project will be bad. If you want to invest in a good project, you need to know and hear about the project well first. I don't think a good bounty manager will work on a bad project.

[GREENch]

Whitepaper and project team analysis are the best way to find fake projects but the next level scammers are creating everything for real because they are investing their money to make in millions which kind of fake projects are not easy to get exposed themselves just like with addresses.

I'm not sure about the Whitepaper, now scammers have got the hang of making quite high-quality fakes that crypto experts may not immediately detect them. Another thing is the team of developers-there are plenty of tools for analyzing the personality now, and with a certain skill, it is easy to calculate the crooks.

[Princeofpoetry]

I'm not sure about the Whitepaper, now scammers have got the hang of making quite high-quality fakes that crypto experts may not immediately detect them.

That's right, there are some fake whitepapers with elegant looks, whitepaper can't be a reference for a good project. The best way is to always find out from various information about the project.

[peterlustig]

Couple of things you can do to verify if the projects are fake first check out the team's LinkedIn profile to verify their accomplishment also check if the whitepaper is plagiarized using PLAGIARISM CHECKER tools that can be found online.

If the project is offering something too good to be true then it probably a fake one.

[Shimmiry]

Couple of things you can do to verify if the projects are fake first check out the team's LinkedIn profile to verify their accomplishment also check if the whitepaper is plagiarized using PLAGIARISM CHECKER tools that can be found online.

If the project is offering something too good to be true then it probably a fake one.

Scam projects are always too good to be true that it is tough for us to believe if they are good enough to participate with and invest our money. Checking the team members profiles is the first thing that we need to do because some people only makes false information about them, pretending they are the ones who are building the project. Lastly, you should read their Whitepaper, Lightpaper and their websites because it might be copied from the previous projects or just telling lies to scam other people.

[TastyChillySauce00]

This is really good question because there are so many fake projects,  and it's not always obvious. Fake photos and bio of CEO and others... I'd be glad to read all info that was write in this topic

Some fake projects were also creating fake partnership too. You can take a look at the latest case that happened with ATTN project and it was using the fake partnership and after it has already revealed and OKEX was cancelling to launch ATTN IEO.

[H1N1]

I think we must start with their whitepaper because most scam project just copied other project's whitepaper.
After whitepaper, search their website and we will find some copied contents too. Plagiarism is one of the signs of scam project which is often accurate.

[monineklutak]

I think we must start with their whitepaper because most scam project just copied other project's whitepaper.
After whitepaper, search their website and we will find some copied contents too. Plagiarism is one of the signs of scam project which is often accurate.

whitepapaer checking is a waste of time, we don't know if the project really copied from another whitepaper project, it has to compare, and of course it takes time, I think one important thing is checking their website and checking the truth of the team, but it still 80%, keep be carefully

[GREENch]

I'm not sure about the Whitepaper, now scammers have got the hang of making quite high-quality fakes that crypto experts may not immediately detect them.

That's right, there are some fake whitepapers with elegant looks, whitepaper can't be a reference for a good project. The best way is to always find out from various information about the project.

A thorough study of the project is akin to cross-examination. If the information comes from different sources, there is less chance that people analyzing the project will think the same way - and come to the same conclusion. So to say the truth is somewhere in the middle

[Mrengage]

That's a good way to start. The first thing we should do is search about the team members and verify if they are really involved in the project. Most of the fake ICO uses fake names and create new linkedin Ids with those fake names. If you encounter no other reference of the member and just a number of social profile that seem to be made recently than they are surely scam.
You can also try calling the phone number and inquiry the person who picks it up to find how serious they are about the project.

They will also Plagiarised the whitepaper, and most likely it will be a newbies Account which they will go extra miles to buy (A Copper Member) they will use to create the thread on bitcointalk here.

[Alohadanc3]

That's a good way to start with. But some of them bigger scam than location hack. I saw projects like spot who have a big office they meet with projects like travala or efx they did a hackathon then they just disappeared with people's money. The first this you have to check every team member. Go for if they register the company or not. And the best thing you can do is check the whitepaper and know that the project has a potential in future or not. That's it. But still sometimes it's hard judge.

[panganib999]

So how do you indentify if the project is fake?

At the old times, what people commonly do is to track down the team behind by doing thorough research about the authenticity of the project developers by looking at their backgrounds and the location of their data base and doing research about the whole thing that the people behind the project is all about. BUT, at this point of time even those information seems to be possible to be manipulated to look real and reliable which makes it so hard to distinguish the fake one from the real one.

Nowadays that people are now getting wise and much aware to observe and research about the legality and reliability of the project before engaging, the scammers or the people behind the creation of fake projects have also evolved into a wiser people on which they already creates projects that are really deceiving to the eye that can make you trust and believe that they are the real ones.

With that, it already makes so hard to identify which one could be real and which one could be the deceiving one. Doing a fast research seems to be not enough now because you do really need to exert effort on observing the project itself due to the reason that most commonly fake projects are being identified once the project promotion was already done and have already victimized lots of individuals.

I think we must start with their whitepaper because most scam project just copied other project's whitepaper.
After whitepaper, search their website and we will find some copied contents too. Plagiarism is one of the signs of scam project which is often accurate.

That's right, and checking about Plagiarism always happens in this forum by members who are already very experienced, so that this can help other people who don't understand the whitepaper checking and project website.

This sounds to be a good thing to do because indeed there are really projects who are just making plagiarized white paper if they are being to careless to do such. But if we encounter a seamlessly clean and no trace of being fake project on which it is really fake but it have managed to make itself a real one, then that is what we must just hope not to encounter because it would be really hard to identify such thing.

[BeginToMine]

There are several ways of getting fake projects aside team looking fake, some do mention exchanges they never had contact with and chatting up these exchanges will actually give one head up to know if they are truthful or not and also their community, some shares airdrop with small amount and rate their project high, maybe peg it to 1$ just to attract investors by saying they will list at 2$. Empty promises are out there. Let's wise up please.

[Nesbee2]

 Although for a well planned fake project its difficult to detect but some of them are so fake that they will plagiarized website and whitepaper . I once saw a project whose developer copied and pasted another project word to word . that is one way of detecting a fake project.

Another one is faceless team or impersonation , when the team decide to be faceless be careful about such projects it's likely to  be fake.

[X-ray]

That's a good way to start. The first thing we should do is search about the team members and verify if they are really involved in the project. Most of the fake ICO uses fake names and create new linkedin Ids with those fake names. If you encounter no other reference of the member and just a number of social profile that seem to be made recently than they are surely scam.
You can also try calling the phone number and inquiry the person who picks it up to find how serious they are about the project.

They will also Plagiarised the whitepaper, and most likely it will be a newbies Account which they will go extra miles to buy (A Copper Member) they will use to create the thread on bitcointalk here.

To be able to post the picture and a new account needs to buy a copper member. In my opinion mostly scam projects were posting the fake team and anything that have already mentioned by scam projects were fake e.g like partnership, roadmap, idea, team and many more.

[Bezobraznike]

Although for a well planned fake project its difficult to detect but some of them are so fake that they will plagiarized website and whitepaper . I once saw a project whose developer copied and pasted another project word to word . that is one way of detecting a fake project.

Another one is faceless team or impersonation , when the team decide to be faceless be careful about such projects it's likely to  be fake.

   You are right Nesbee2, while some scams are well disguised, others are easy to notice. There's no some special formula for recognising the scam, except to check
the entire project, their team, and to follow every step they make. And in the case you
see something suspicious to investigate it and spread the word so others can investigate it as well, what you miss to see others will not.

[Dr.Osh]

Although for a well planned fake project its difficult to detect but some of them are so fake that they will plagiarized website and whitepaper . I once saw a project whose developer copied and pasted another project word to word . that is one way of detecting a fake project.

Another one is faceless team or impersonation , when the team decide to be faceless be careful about such projects it's likely to  be fake.

when a team or white paper becomes a problem, there will always be people who find the error. which is quite difficult to find is, when a project is scam when the sale has been completed. like BCNEX which is said to be a scam. however, no one expected that the project would scam when the project was running.

[Aqib Sarwar]

To identify the fake project we need to have an Idea of what is fake project and signs. Basically, fake project doesn't have real base headquarters and more of the time they are not going to give updates about their CEO, manager, dev, etc.

[404edson]

Many of us had been victimized of some ICO's that are just playing safe for the pre sale and crowd sale stage then suddenly run after they got the crowd fundings. Lesson learn for us to be more aware and put a deeper research about what you been doing because if you're too careless of everything you have, the time will come you will lost it all.

[Jannyh]

I have never tried Checking address before of any project, normally what I do is to check the team behind a project,check how active their social media handles are,also to know the people backing the project and the the project use case. with these being ascertain I can conclude the project will succeed.

[JHORN]

It's really not that easily to detect fake projects, there more you spend times in crypto space the better your eye gets opened more and more, some scammers are too cunning and hard to expose, not after they grab their aims completely, all you need is doing research but it can't be accurate 100%

[Aqib Sarwar]

There are several ways to know if a project is right.Among them you must first notice the website.You have to keep an eye on whether the roadmap is right there.Then you have to take care whether the picture of the team is right or not.Then they have to keep an eye on whether the white paper is right or not.There are also a number of things that can be done to see if the project is right

[Avirunes]

First easy of trick is to always check what project is developing and how well they have described about their project. There are lot of projects who doesn't write straightforward and just add some keywords and stuff to make it look like legit and professional but it isn't . Secondly always check for if the whitepapaer is plagiarized or not. Check their team as well , like if they are legit. There are lot of ways but I think these three are the crucial ones.

[carriebee]

Actually I never check it's address what I do was checking in what's their mission to improve and develop their project. It is very important to always check their development since these days there are many scam. Good at first providing the needs of the investors but in the end they are there to collect money so a lesson learned in this crypto industry.

[ohyeahhaha122]

It is difficult to identify a fake project, but it is better to just join ieo on reputable exchanges because they have verified for you, and certainly when you invest, you will gain profits such as binance, okex , ...

[Akash Crypto]

Check the identity and legality of the project, also the identities of the team members. These are the main factors to analyze in order to avoid fake projects. Also, we can learn its whitepaper and social media.Lots of red flags are always there. One they won't be transparent with team members information, their whitepaper is always plagiarised, their IEO or ICO is always held on shitty exchange lastly they don't have any legit project investors or partnerships.

[southerngentuk]

It is difficult to identify a fake project, but it is better to just join ieo on reputable exchanges because they have verified for you, and certainly when you invest, you will gain profits such as binance, okex , ...

Okex is not really safe, recently they browsed a scam project. But it was quickly discovered and they were removed from the exchange. Be careful when joining IEO in this exchange because I don't see any really good project

[Akoldi_ibk]

There is no fit it all method to identify a fake project. The process involves series of factors which is centered on adequate research on every subject of the project, leaving nothing unattended to. Key points and useful tips had been highlighted on this thread. No need going over the same points. However, it is very important to know that these scammers get smarter every day and easily come up with new scamming method.

[CryptoDost]

Very interesting to know that. I haven't thought about checking the location of the project to verify whether the project is real or fake. While I only check WP and verify whether the WP project is plagiarism or not

[The cure]

We're the same actually, I don't even give time to check their location if it's real or just wasting our time and effort.Anyway thank you for reminding us.

[Poppy_ALTStrader]

We're the same actually, I don't even give time to check their location if it's real or just wasting our time and effort.Anyway thank you for reminding us.

Sometimes the location which is mentioned on the info of the project -fake. So I think it's just a way that someone can make money, just start new projects

[TimeTeller]

We're the same actually, I don't even give time to check their location if it's real or just wasting our time and effort.Anyway thank you for reminding us.

Sometimes the location which is mentioned on the info of the project -fake. So I think it's just a way that someone can make money, just start new projects

That's the power of google earth/google map.
If you are lucky, you will get the recent street view of the place.
And you will verify if the place is existent or not, especially if they are saying that they will develop a real estate project or similar properties.
But sometimes, if it is an office building, hard to say, if they have office inside.
One thing though, is to contact the number shown in their contacts, if you want to go in that extent of surveillance.

[bbcolex]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

You really need to be vigilant and do due diligence, some of the fake project I've encountered even deceived us investors that they own an energy plant, they video their selves posing they own the plant, in the end the real owner of the said plant denied any connection to the company who scammed us. You really cant tell, if its too good to be true then maybe its scam.

[PerfectCircle]

Detecting fake projects is not a straight hunt, some times you can detect scam projects with easy questions that only a genuine project will have answers for and sometimes scammers use stolen identity or fake partnerships, all you will need is good research

[rahmatullah9305]

Sometimes the location which is mentioned on the info of the project -fake. So I think it's just a way that someone can make money, just start new projects

If the location mentioned by the project is false, then the project team must also be questioned, because they could be scammers disguised as good people, so be careful to believe in such a project.

[CuriousGeorge]

It is difficult to identify a fake project, but it is better to just join ieo on reputable exchanges because they have verified for you, and certainly when you invest, you will gain profits such as binance, okex , ...

It's not so difficult as you said dude. I should remind you that when it comes to the big exchange site and any project can be considered as a trusted project but you must remember we have seen so many people have already mentioned the correct points about that.

[JCviggen]

Sometimes the location which is mentioned on the info of the project -fake. So I think it's just a way that someone can make money, just start new projects

If the location mentioned by the project is false, then the project team must also be questioned, because they could be scammers disguised as good people, so be careful to believe in such a project.

but how can you check the location that was indicated? Will you go there? I really doubt. The location cannot be verified. Finding information about a team is easier and faster than finding out information about a location

[jajorforce]

It is difficult to identify a fake project, but it is better to just join ieo on reputable exchanges because they have verified for you, and certainly when you invest, you will gain profits such as binance, okex , ...

Okex is not really safe, recently they browsed a scam project. But it was quickly discovered and they were removed from the exchange. Be careful when joining IEO in this exchange because I don't see any really good project

That's was a mistake but intentionally any good exchange can't do it, low volume exchange topics are always different. We are only safe in Binance exchange but without Binance exchange we can't invest. That's not right. It's not a big deal to add fake locations where location can be found on maps. We should actively receive every news of new projects.

[lienfaye]

Detecting fake projects is not a straight hunt, some times you can detect scam projects with easy questions that only a genuine project will have answers for and sometimes scammers use stolen identity or fake partnerships, all you will need is good research

Yes researching is still the best key to know if the ptoject is legit.
Usually they are using fake identities. So google is the answer for that.
I participated before in bounty with an exact address but turn out its not their business and fake. They just use the location to make their project seem real.

[celemoore]

There are no easy ways to determine a fake project. Even if a project has a high score on ICEO review sites, or non-plagiarized whitepaper, or even a team being available for AMA etc. Crypto space is a risky space hence you can't be 100% sure. The best we can do is do a research about a project, what solutions are they bringing to the table. Most of the fake projects are just copycats with no real usecase, they tend to promise more than they can deliver and sometimes looks too good to be true. Do not fall for FOMO, if possible wait until they are listed, or never invest more than you can afford to lose

[asriloni]

We're the same actually, I don't even give time to check their location if it's real or just wasting our time and effort.Anyway thank you for reminding us.

You must also check the team too as scammers were always using the fake identity to be mentioned as the team for the project. You should put the more time to check whether it's a trusted project or not.
This is about how we can secure our money from scammers.

[daglordjames]

i always check their if its verified and i dont really care about the ratings of their ICO because it can be faked.

[Google+]

We're the same actually, I don't even give time to check their location if it's real or just wasting our time and effort.Anyway thank you for reminding us.

You must also check the team too as scammers were always using the fake identity to be mentioned as the team for the project. You should put the more time to check whether it's a trusted project or not.
This is about how we can secure our money from scammers.

the method by looking at the team I think is still inaccurate because so far what I tay for the team behind this project will be difficult to find out by new investors, there should be a list of teams that work with scammers, read carefully and carefully what projects developed through whitepaper because sometimes they provide whitepaper copy and paste other projects.

[Iyeman]

i always check their if its verified and i dont really care about the ratings of their ICO because it can be faked.

ICO rating can't be a point to determine whether it was a legit or scam project. The technical view, track record, product and many more should be the main consideration before try to invest in the ico. This is a common thing that everyone must know how to do that.

[kaseygriffin]

i always check their if its verified and i dont really care about the ratings of their ICO because it can be faked.

You are absolutely right, never trust the websites ranking ICO. There are many such sites in this market and most of them are shady, they will receive money from those projects and make fake reviews to deceive investors.

[Princeofpoetry]

There are many such sites in this market and most of them are shady, they will receive money from those projects and make fake reviews to deceive investors.

This is what makes a lot of fake projects, by giving high rating to their ICO, as if the project is so attractive to many investors. Is there a rating that the project that we really can trust or all fake?

[jcpone]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Most of the fake projects in cryptocurrency are really expert in communication that's what I had noticed for a couple of years staying here in this field of industry. They made a lot of promises, all sweet words that will attract the investors to invest to their token they are promoting it while it is running. And they always plagiarized their Team, whitepaper and Roadmap as well.

[ttcsalam]

There are several systems for identifying fake projects.However, the address of the project will be fake.And Facebook and LinkedIn profiles will be fake.Not all of his addresses can be tracked starting from the address.And the BTT profile will be newly created.Hunters will not pay.And the web site will not be so strong.

[GWS My Boy]

Fake projects can only be identified by a number of factors, in my opinion, if the project  closed sales can manipulate the results of the funds, lack of the latest updates, whitepaper that does not make sense maybe from there the scam project will be seen

[vermigerous]

I think one thing is for sure if a project is really fake, it is the staff members using different people's names or identities, in short fake team and also they would use a plagiarized whitepaper. So if this thing is accused to them, their project would be definitely a fake and scam.

[huu78]

Most projects now are anonymous, and it's very difficult to see if you use location maps like that, usually, I see contracts that they make whether clones of another project or not, and some of the odd whitepapers or roadmaps are usually also indications of fake or scam.
conducting research is also important so that they do not jump into the bounty or become their investors, take a look before taking the risk so that they do not regret later.

[omnik]

i always check their if its verified and i dont really care about the ratings of their ICO because it can be faked.

It can be verified through browse it in the google and try to see whether it was running by fake team or not.
The rating doesn't matter a lot caused by people are taking the product and the team as the critical points to determine how good the project.

This is based on my experience right now.

[celemoore]

I do agree that you may know a project is fake by checking their physical address on google but some actually have a legit office address and can still exit scam. They can get the best score on best ICO review sites.They can have a whitepaper written by a professional with 0% plagiarism, but the credibility of the team members and devs are important. Knowing their past experience and history. Also what kind of advisor do they have. We can actually confirm identity but what if the project genuinely failed with real team but unable to complete development (this is where the credibility of the devs comes in) They need to be competent enough to actually implement their roadmap. Nothwithstanding, a project can be so good but still fail due to market condition etc. I guess what i'm saying is that this crypto space is a risk/gambling zone. There are no guarantees

[Shaheer Arshad]

Check the identity and legality of the project, also the identities of the team members. These are the main factors to analyze in order to avoid fake projects. Also, we can learn its whitepaper and social media. Get strange or unusual things there. If you found it, you should suspect the project isn't a real one.

[Chukwunonso]

There are several ways for detecting fake projects. One of the most obvious way is by checking the profile of the team to see if they are real people or don't exist. Many fake projects create new social media accounts for their dummy team, it's quite obvious to detect newly created accounts. Some don't even publish the team, does projects are best avoided. Another approach to getting fake projects is to study the whitepaper and check if its plagiarised. No legit project would plagiarise her whitepaper.

[CryptoDost]

I was a bounty hunter and was very disappointed when the project I was working on was a fake project. Checking the address through Google Maps is very important. If the company address IEO/ICO is not trackable, it may be a fake project.

I still have some way to do the identification of a fake project.
1. Whitepaper Analysis (The CRYPTO Project whitepaper provides important information such as Project Roadmap, background, and strategy).
2. Beware of the team.
3. Notice the views of other investors.

[Towerbreeze]

Sometimes you can't outsmart scammers but still you can detect scam projects if you are very patience and observant, scammers don't like showing their faces, they always love to use others identity which is stolen and also look at roadmap and white paper too for any plagiarism

[Aqib Sarwar]

The projects are fake if:
1. They have no exact team
2. Their project is too high
3. they hase quite similar Whitepaper with others.
4. They have no exchange tolist
5. Their community looks strange and they are quite enough.

I think that the most scam is that the projectw ill not list their coins on exchanges.

[TastyChillySauce00]

i always check their if its verified and i dont really care about the ratings of their ICO because it can be faked.

The technical aspects related to the project should become our main consideration. Rating is a crap thing that can't be used to know whether it was a good project or not. A good project will always launch the beta platform before it will try to do an ico to make investors feel amazed.

[Jamalmg]

It is really important to identify team is real or fake but most of people don’t understand how to identify and most of hunter don’t need to identify even if the project is fake they have no problem, thanks for the post, i am check everything, i don’t want to promote fake project,     

[shaheer001]

I personally check the Team first is the team social accounts are real? and the team has any experience in the past the check the project partners If they have partners, are the partners are well-known by market. Check the IEO platform if it is the low-grade exchange then reject it. Also check the roadmap,whitepaper and the project future plan.

[Pecunia non olet]

At first check the team members on Linkedin, check if the profiles are real, check the past experience. Secondly, check if the company has a real location and if it is registered. If everything looks great, then you should be safe that you deal with a real company.

[aria.newman]

When I doubt that a website can be fake, I always look at reviews on various sites and already form my opinion about this website.

[Vishnu.Reang]

When I doubt that a website can be fake, I always look at reviews on various sites and already form my opinion about this website.

Earlier I used to read reviews from various ICO review sites before investing in any such projects. But later, I realized that many of these review sites are also biased. In some cases they take money from the projects, in return for favorable reviews. So we can't blindly trust any of these sites. It will be better to rely on reviews from multiple review sites, and to do your own research.

[AbNewton]

I would try to identify the team behind a project that I found interesting enough to make an investment to see if they're legit. Usually by asking their last experience on other projects, how they come to crypto, how long they have worked together as a team. If they're fake projects, those questions should have some contraction enough for me to raise a red flag.

[Slingshot]

Many will also drop fake location that one won't be able to trace. I have seen a project from another country but claimed to come from there so best is for one to always follow them in several ways not just location alone. Some even do hire people to represent them as CEO just to hide identity. I would advice we wait for some projects to reach a certain period before we place huge trust on them. I still support old standing firm projects not new ones.

[Princeofpoetry]

It is really important to identify team is real or fake but most of people don’t understand how to identify and most of hunter don’t need to identify even if the project is fake they have no problem, thanks for the post, i am check everything, i don’t want to promote fake project,     

Actually you can use the web and tools to indicate fake projects and scams as :
1.https://www.reverse-image-search.org
2.https://www.duplichecker.com

You can get more information in this thread https://bitcointalk.org/index.php?topic=5210750.0

[dragon695]

I would try to identify the team behind a project that I found interesting enough to make an investment to see if they're legit. Usually by asking their last experience on other projects, how they come to crypto, how long they have worked together as a team. If they're fake projects, those questions should have some contraction enough for me to raise a red flag.

I agree! Asking the project teams about specialized questions that need specialized knowledge and experiences to answer can help you to identify them. A fake project that runs by scammers can't answer too much specialized questions. Let see if they avoid to answer those questions, you should remain some doubt in your mind. Also, look for their name, their reputation, their company location and see whether it's real or not!

[jennerpower]

First of all, you need to do a background check of the said ICO. Start with their developers, do a profile check if they are really involve in that certain project. Check the website and the plans (e.g. whitepapers, mission and visions) with this you can see if those company are actually trying and doing their best to make their company grow. You can join their community if they are active and see their dedication and service to their followers.

[Inkdull]

As a newbie just safe yourself the headache and go for IEO on binance exchange, binance exchange are experts when it comes to accepting new projects on their platform, if you can join IEO from binance you will easily make quick profits, better than trading

[amonymous]

The first thing that I always do is checking their social media updates, like from it's twitter, telegram, github, since that was the place that will give me some kind of information about the project and it's update. After that I will check to it's website, looking out for their Team Members and making sure all of them are actually real, it's name, it's face, because a fake project will definitely not gonna put their real identity.

spare research their future plans about IEO and they want to process any exchange that IEO. Mandatory fund rising and for this they'll need to reach out to a lot of investors and implement product improvements. Research Replacing their partnership Because having a strong partnership in a project means the project is a tough tool.

[nomenclatur]

usually see the whitepaper and their teams to ensure project ico it's a scam or not because the team they could be fake whitepaper plagiarizing other projects are also many better ways to ensure the project ico it's a scam or not many ico adding teams with names famous for attracting investors to be attracted to invest when all the fake better ensure direct on twitter or social media to make sure it was real.

[criket]

I'm classified as a fool in analyzing a scam or good project. in participating in a bounty campaign, I only saw projects that many people participated in. or follow a certain bounty manager. some I see their team. but mostly I'm sure of projects that are already on the market.

[blckhawk]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Well I haven't tried it yet but it is sound interesting so I would try it later. My way of getting know a project if it is scam is through their team, I usually check their background info if they were really into the project. Besides, I choose my bounty campaign through the manager who handled it, I usually participate in the project run by reputable manager.

[havoc928]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Well I haven't tried it yet but it is sound interesting so I would try it later. My way of getting know a project if it is scam is through their team, I usually check their background info if they were really into the project. Besides, I choose my bounty campaign through the manager who handled it, I usually participate in the project run by reputable manager.

You two are right! Combine your all methods will even be better. Checking their team's member and see if there's any people has reputation or bad information. Also, check the address of the company to see whether or not it's accurate. It's a good method to rely on bounty manager reputation to judge the project! Trusted bounty manager always chooses very carefully when manage a project, so it can help us somewhat.

[distr@yopmail.com]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Well I haven't tried it yet but it is sound interesting so I would try it later. My way of getting know a project if it is scam is through their team, I usually check their background info if they were really into the project. Besides, I choose my bounty campaign through the manager who handled it, I usually participate in the project run by reputable manager.

You two are right! Combine your all methods will even be better. Checking their team's member and see if there's any people has reputation or bad information. Also, check the address of the company to see whether or not it's accurate. It's a good method to rely on bounty manager reputation to judge the project! Trusted bounty manager always chooses very carefully when manage a project, so it can help us somewhat.

the easiest is to choose from a good bounty manager. although not all projects will be successful, a good manager will certainly minimize the risk as you say because they must be careful with their reputation.
if you see several bounty managers who promote a lot of project scams will eventually lose the trust of bounty hunters.

[TopTort777]

A sign of fake or a suspicious project - using free emails. Example - bounty LIVE! - Blockmembers.io - $1,000,000MP Tokens Rewards Pool💰💰. On of the rules is to create a wallet on their partners https://gneiss.io/ page.

Ok, just for a test I've filled a form to make a wallet and waiter for confirmation mail. Mail came. It was from gmail.com  gneissofficial@gmail.com with text "Use this URL to verify your email". Who would use a free email to be its official email for support? If a wallet uses free email service, then what kind of wallet is that and kind of security it might offer?

[Retainly_Collie]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Well I haven't tried it yet but it is sound interesting so I would try it later. My way of getting know a project if it is scam is through their team, I usually check their background info if they were really into the project. Besides, I choose my bounty campaign through the manager who handled it, I usually participate in the project run by reputable manager.

You two are right! Combine your all methods will even be better. Checking their team's member and see if there's any people has reputation or bad information. Also, check the address of the company to see whether or not it's accurate. It's a good method to rely on bounty manager reputation to judge the project! Trusted bounty manager always chooses very carefully when manage a project, so it can help us somewhat.

the easiest is to choose from a good bounty manager. although not all projects will be successful, a good manager will certainly minimize the risk as you say because they must be careful with their reputation.
if you see several bounty managers who promote a lot of project scams will eventually lose the trust of bounty hunters.

Agree with you, that is the easiest way to choose good campaigns in this forum. Although it is not always true as I believe it is a project that deserves attention and can be involved.

[albon]

the easiest is to choose from a good bounty manager. although not all projects will be successful, a good manager will certainly minimize the risk as you say because they must be careful with their reputation.
if you see several bounty managers who promote a lot of project scams will eventually lose the trust of bounty hunters.

Yes, from the trusts of the bounty manager account, we can know that the new project that he promoted is honest or fake. also, through the whitepaper of the project we can use one of the sites that reveals the plagiarized whitepaper then we will know if this project uses a unique whitepaper or not. LinkedIn's accounts of the project team and their photos can reveal to us the reality of the project.

[Princeofpoetry]

LinkedIn's accounts of the project team and their photos can reveal to us the reality of the project.

Many real projects will not hidden the person behind the project. linkedin is a place to find out whether the project is fake or not. By looking at the profile linkedin account, one of the assessments is to analyze the real or fake project

[bangkecol]

Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

[Erumo]

The bounty manager is just a bounty hunter, he takes money from the projects and manages it. So never relying on the bounty manager, I have seen many projects collapsed from the best managers at this forum.

Sadly, this doesnt work in real world. When a person works as a hired employee in a fraudulent business, if he gets caught, he accused of complicity. But, if during working, he finds out that he is working for "bad guys" and report them, he most likely be free to go. I saw bounty managers, that still continue working and keep silent, when the project refuses to pay them.

After a research, bounty manager must keep an eye on the project and with first signs of troubles report to community. First he will save his reputation and wont work for free, second he will warn hunters.

[FairUser]

Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

How do you know which profiles are fake? I see them exactly the same and have very detailed information. And I believe that scammer will also be very careful in fake their information

[imstillthebest]

Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

How do you know which profiles are fake? I see them exactly the same and have very detailed information. And I believe that scammer will also be very careful in fake their information

many indications like they copy the info from others but thier profile pic is different or they copy the photo from someone else but with different info  . i hear a news that there are many fake profiles on linkedin  . lets warn our friends and other people that likes to use this site when hiring someone  . its only hard to know if the project is fake when scammers are verry strict on the details that they provide that itl only appear as unique and theres no known clones when we research it on the web .

[killerfrost]

Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

You need to check more about the project, to know if they are scammer in this market or not. I often check their whitepaper, partners, investors. If there is no information or article on those issues, then probably they are forging

[Republikcoin.com]

Sometimes, researching about new project were real or fake is difficult. Because fake project is appear with promising site.
But , we can find the scam project with searching their profile team in the linkedin. fake project will use the fake profile like copied profile foto.

sometimes the information from the team is very important. it's just that they did not provide detailed information about it. well, these characteristics can give us an idea when the project is a scam, then the team will not be detected. however, this is also not enough to know whether a project is a scam or not, it's just that, it already gives us an idea that the information on the team is incomplete.

[Francis Freeman]

The most easy way is to start by looking at the project website and to check if they have a team listed on the webpage. If they do then check each team member to make sure they are in fact working the project by using their social media profiles.

Of course make sure of the teams ability to execute the ideas by looking at their past record.

[Bitcoin Miners]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Using fake address just be right with small scam projects. There are many projects that they invest a whole marketing team and many other departments in a building with a clear address. But when they want to go, everything will disappear quickly

[Ceyflix-Rez]

It's hard to know which project is fake or real but using your research skills can get you far deep into what a project is actually all about, with research you can know if a project is needed in crypto space meaning it will determine if there will be enough demand for the token

[Kotone]

You two are right! Combine your all methods will even be better. Checking their team's member and see if there's any people has reputation or bad information.

Then why you are still joining the ibidtown. Didnt you know that there is a scam accusation on your current signature? They are a fake project using a partnership with legit site. There is post on scam thread that I see few weeks ago and they show there that the project is not connected or have any affiliate on the said company they talking about. If I were you dont waste time, look for a better one.

[robattfield]

Look for good projects at reputable sites like ICODROP, they list the best projects and they have many experts to evaluate them. Never research and choose projects in your own opinion because sometimes it goes wrong and you will come across scam projects.

[Skinny48]

You can't know if a project is fake completely, some scammers are too lazy to fool investors and they got exposed easily while some scammers are professionals who could deceive investors whiteout getting caught, only invest what you can afford to lose

[terizla]

I don't identify the project more clearly and completely.
I just identify the project by check their team, whitepaper, fanspage and website age.

[Btc_1856]

Nowadays, most of the people are not investing their hard-earned money into ICO's and IEO's, because being very matured in researching the project. In order to find a legit project we should always invest in it only after listing on the exchange, otherwise, we have to forget about those coins.

[DAVID GRACED20]

One cannot really know it all when it comes to identifying a fake project but looking out for certain things like a clearly defined location, notable team members, quality Whitepaper content with comprehensive details and then a good token that is economically viable, knowing this things can save bounty hunters alot of stress, time and resource.

[totoy4741]

Nowadays, most of the people are not investing their hard-earned money into ICO's and IEO's, because being very matured in researching the project. In order to find a legit project we should always invest in it only after listing on the exchange, otherwise, we have to forget about those coins.

There still plenty of investors trying their lock in IEO since it is going to be listed as soon as they projects turn successful, and from that on the developments of the projects will surely follow but it does not apply to moat of the projects it still depends on the team dedications and community supports.

[Zackgeno96]

Nowadays, most of the people are not investing their hard-earned money into ICO's and IEO's, because being very matured in researching the project. In order to find a legit project we should always invest in it only after listing on the exchange, otherwise, we have to forget about those coins.

But most of the times the Coins offer extra rewards for investing in their IEO or ICO for the early investors and what if the coin goes to moon straight up after getting listed on the exchange, I know the chances of it happening now are less because of these scams going on in the market but still those early adapter rewards make up for the risk that we are taking by investing early in those projects. I prefer not to join the IEO or ICO but I trade in my time and join their bounty campaigns for getting those tokens and have somewhat safer side.

[princecharles]

I don't think there's a perfect way to know if a projects is fake. At best we can look for some anomaly with the project like the team social profile looking fake or newly created, their whitepaper, being plagiarised, their website, looking fake and maybe without security features etc. One really needs to be careful and avoidiinvesting in fake projects.

[@baoli]

Success of project is dependant on whole lots of thing. I think one should check the socials of project and check up their review on review sites. However, this are not a guarantee that a project will succeed

[DarkDays]

If you find yourself questioning "Is this project even real" then it's probably best to assume it's fake.

Save yourself a lot of research effort, and you'll probably be right more than 80% of the time.

[sourish]

Even though you Check the dev team, social media, whitepaper, address, phone number, there are ways to get around each one of them. If your instincts call out fake, just listen!

[pandanaran]

quite difficult to know which project is fake and which is original. most projects today look real and convincing. but my advice if you want to take part in the project do your own research and follow your heart in choosing a project. because sometimes the project is also unexpected.

[BeginToMine]

Fake projects are everywhere and getting to know them really needs close monitoring has some have difference means of getting through with their scamming ambition. First, watch the exchange they will list on and secondly watch the team and pictures including location also pay close attention regarding their announcements as some announces exchanges that doesn't know them or had deal with them at all . Close watch will actually help.

[irixo10]

Fake projects are just too much and when taking a glance on CMC, one will see a lot of them, dead and forgotten. Nevertheless, although in most cases it might be hard identifying fake projects but one of the ways is when the team lies about certain information about them, and this could be when they steal other experts profiles on LinkedIn and so on. Another way is, when they have no workable use case, abandoned social media channels and listing on bad exchanges.

[Alohadanc3]

In this market there are lots of fake projects available. And most of the new comers are atracted by this kind of projects. Cause most of the fake projects do some good promotions.the only thing you can do to avoid fake projects by gaining knowledge about this space. When you are investing always go for some points like if they have a live product or not, the team is real or not , the investigation and partners behind them, exchange listing or partner exchange. And try to find any information available in the internet that could also b useful. So you have to know about this things to avoid fake projects.

[nekonyun]

usually I check the project team, if fake project, team photo takes from Google or creates team data, stealing data from Google, or fake project not have a information team project

[Moeda]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

It's not that easy to detect fake projects. Actually, many victims of fraud occur not because of the clarity of their address, but they run away after the project goes well. Please check about the Bcnex project. Was it detected initially as a fake project? Of course not. However, they committed scams after the project went well. This is just one example, maybe many other examples that can be shared by friends.

[Princeofpoetry]

usually I check the project team, if fake project, team photo takes from Google or creates team data, stealing data from Google, or fake project not have a information team project

how can you check the project team? do you use tools or website to ensure that? is this method effective to avoid fake projects?

[javainn]

very easy to detect if the project is fake.
1. they promise big profits but they don't have an openness to the public about how they work
2., they always say their project will do the best it can
3. they will say "soon" if the members ask where the exchange is going to be in the future
4. payments are always delayed
5. many reasons from managers, developers and others
6. disappear from public circulation and do not always update on forums, social media and others if they have earned money over their target.

These are some of the features or signs of a scam project in my opinion. you have to be careful

[tracyhayley]

In a simple way, You can see it with your own eyes. You can see that his teams were fake, poor website interface and has a plagiarism whitepaper. So, make sure that you read the whitepaper first before you choose some projects. Also, if you joined the bounties, most of them will lure you with a big rewards and profits.

[pedpedped101]

In a simple way, You can see it with your own eyes. You can see that his teams were fake, poor website interface and has a plagiarism whitepaper. So, make sure that you read the whitepaper first before you choose some projects. Also, if you joined the bounties, most of them will lure you with a big rewards and profits.

Some things may be hidden ad undiscoverable, until after sometimes, the truth begin to unveil. Dipper search in to some projects is very important. Ask questions from the team if you do not understand.anything an do ensure that everything is put in.the right form.

[MuhNofa]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

to find out whether a project is a scam or not it is very difficult, seriously it is very difficult and maybe sometimes a project that we think is successful with everything that is fulfilled with a frills list in several markets. and even then is not a key scam or not a project is very much like that. and I think the point is we can only wait and see the progress of the project

[Vod]

So how do you indentify if the project is fake?

Like you said:
- fake address
Others:
- no tax/business number
- no cash flow projections
- no insurance
- unclear ownership
- standard privacy policy / terms of service
- requires you to send coin before withdrawing coin

(took 5 mins - will add more when I think of it)

[Vishnu.Reang]

So how do you indentify if the project is fake?

Like you said:
- fake address
Others:
- no tax/business number
- no cash flow projections
- no insurance
- unclear ownership
- standard privacy policy / terms of service
- requires you to send coin before withdrawing coin

(took 5 mins - will add more when I think of it)

Very helpful list. But I have to add one thing here. There are projects in which the team refuses to divulge their identity or other details (such as insurance or address). In such instances, it can be very hard to know whether the project is fake or not. In some sectors, anonymity is required. Examples are those dealing in porn or semi-legal sectors such as cannabis. And here, it is not practical for us to demand that the team members should reveal their identity.

[Sulman326]

When hunters encounter fake projects, it will only take time. But for investors, they will lose most of the money invested. I think before investing, you can join the relevant cryptocurrency groups to see some advice. If you want to check, you can check the website life, team, news from that project and see if it is correct or not.

[Princeofpoetry]

But for investors, they will lose most of the money invested. I think before investing, you can join the relevant cryptocurrency groups to see some advice. If you want to check, you can check the website life, team, news from that project and see if it is correct or not.

It is very difficult for investors to find real projects. People who have a lot of experience and good analysis may be able to successfully indicate fake projects earlier

[chikading2016]

There are so many ways to know if the project is legit or fake, one of this ways is the address the background of the team specially the ceo and the profile that is shown on white paper, sometimes if the project is fake they also use a fake picture or photo so that they can easily scape if the people find out that they are scammers.

[kaseygriffin]

When hunters encounter fake projects, it will only take time. But for investors, they will lose most of the money invested. I think before investing, you can join the relevant cryptocurrency groups to see some advice. If you want to check, you can check the website life, team, news from that project and see if it is correct or not.

And that is why investors will never waste their money and time on ICO projects. Too risky for them to invest in it, they will choose IEO projects at large exchanges so their money is safe and profitable.

[Jocuserious]

There are many ways to identify a fake project such as one of their presence and answers to investors' questions and a trusted exchange of ICO identities. Keep views project team everyone's profiles and locations, research their products, even if any of the information they provide is questionable or unreasonable then think that the project is a hoax.

[swordking]

Investors have to make sure about one thing and that is always being a researcher before investing any kind of money. Good research with some efforts can save you from losing your money. That's why always look team behind the project as well as the project address or there are many other ways to find out about the project is a scam or not.

[Marble777]

not only addresses, if you are more careful there are many obstacles that need to be suspected about fake projects, especially team and developer photos, company addresses, cellphone numbers, even when trying VideoCall directly, it is not certain that the person communicating with you is the real team. It's all about money, money can make fake projects look like real ones.

[josgandosbro]

but not all projects will include their address on the website or whitepaper, most of them just state which country they are from. and again seeing the team in the project in my opinion is the most important, because if the team is fake it is certain the project is a scam

[maiden]

The first thing that I always do is checking their social media updates, like from it's twitter, telegram, github, since that was the place that will give me some kind of information about the project and it's update. After that I will check to it's website, looking out for their Team Members and making sure all of them are actually real, it's name, it's face, because a fake project will definitely not gonna put their real identity.

Same here,  first thing for real is we always do checking social media updates. you can also read their white paper if its available so that you know what's the scope of the project. other says that team members inside the management doesn't put their real identity for the sake of their protection and privacy and still the project become successful.

[shaheer001]

Actually we all especially the investor must focus on the project team members as we almost neglect to search for the team as everyone knows that if the team is well known and real people and has some good previous experience in crypto then the project is in safe hands otherwise leave the project.

[Princeofpoetry]

other says that team members inside the management doesn't put their real identity for the sake of their protection and privacy and still the project become successful.

Would investors trust such a project if the person and team behind the project was hidden? such a project is very dubious.

[ancafe]

There are many ways to identify a fake project such as one of their presence and answers to investors' questions and a trusted exchange of ICO identities. Keep views project team everyone's profiles and locations, research their products, even if any of the information they provide is questionable or unreasonable then think that the project is a hoax.

for some projects maybe we can identify it ourselves. however, for professional scammers, it can be difficult to do research on your own. sometimes you need help from forums to do that. however, there are still quite a few people asking about project scam on this forum, and it really helps.

[Blue_oxen]

There are many ways to identify a fake project such as one of their presence and answers to investors' questions and a trusted exchange of ICO identities. Keep views project team everyone's profiles and locations, research their products, even if any of the information they provide is questionable or unreasonable then think that the project is a hoax.

for some projects maybe we can identify it ourselves. however, for professional scammers, it can be difficult to do research on your own. sometimes you need help from forums to do that. however, there are still quite a few people asking about project scam on this forum, and it really helps.

That's true! There are some obvious tricks that we can realize at the first time seeing it. However, scammers always get smarter and smarter. Sometimes, we can't even know we are involving in a scam project until it turns out to be a scam one! Doing researches are helpful, though, sometimes scammers are miles ahead us that we can't realize anything! Consulting other advice and feedback is a good way too!

[Banulit]

I have been experience joining bounties to those project that turns out to be fake or bogus so it helps me to learn in a way the I became more cautios in joining. I always do my research in the project that wanted to join and be part with and I am searching if the project has a high reviews from the pro crypto enthusiast.

[tungaqhd]

There are many ways to identify a fake project such as one of their presence and answers to investors' questions and a trusted exchange of ICO identities. Keep views project team everyone's profiles and locations, research their products, even if any of the information they provide is questionable or unreasonable then think that the project is a hoax.

Looking at the founders is really a perspective for us to find fake in a project, I believe that at this forum, a lot of people are doing it, look up information from members of a project to increase credibility with that project. Another thing we can look at is the roadmap and capitalization that the project is providing, even looking at the money they spend on advertising, good projects always maintain that at a reasonable level, while fake projects often enhance and give a figure too far from reality.

[dataispower]

but not all projects will include their address on the website or whitepaper, most of them just state which country they are from. and again seeing the team in the project in my opinion is the most important, because if the team is fake it is certain the project is a scam

Most projects include their address if they have an offline office(s). This doesn't mean a project adding address to website guarantees its not scam, most scammers already know how to deceive investors. I support your opinion, if the team is not fake, then certainly the project is legit. However, knowing if the team is not fake is the hard nut to crack. Most times, merely looking at team profile to justify if they are legit is misleading. Except if they attend blockchain/crypto conferences, do live AMAs, have well known partners / backers, then they are most likely legit.

[Denamen]

Actually we all especially the investor must focus on the project team members as we almost neglect to search for the team as everyone knows that if the team is well known and real people and has some good previous experience in crypto then the project is in safe hands otherwise leave the project.

If you are a long-time investor, you will certainly have a lot of experience in research and I will often evaluate the response of the investor community when it comes to this project. I think if the project receives positive responses from investors, it will surely soon be known by a lot of investors and you can consider investing if you feel like it. I do this often and it has made me a lot of profits.

[prehisto]

There are some tells,
For exmaple, the project page is the same old temeplate which everyone uses, this shows that they do not care.
Their linkedin accounts seem to be generated, look at their expereince, their pictures.
The idea of project.

But in the end even if everything seems legit, it does not mean that it is not a scam.

[someone703]

I have been experience joining bounties to those project that turns out to be fake or bogus so it helps me to learn in a way the I became more cautios in joining. I always do my research in the project that wanted to join and be part with and I am searching if the project has a high reviews from the pro crypto enthusiast.

Can you share ways to evaluate new projects? I also did a lot of research before I got into bounties, but to be honest they still became scams at the end of the road. It is impossible to find a really good project at the moment

[lenovop-70]

Check the team member on the linkedin, check their whitepaper, plagiarism or not, that's the expert said before me, and i am agreed with that.
sometimes it works to identify if their project is a scam or not. and also, if the project is a scam, usually expert will write an accusation in this forum along with the evidence.

[kopijos]

There are some tells,
For exmaple, the project page is the same old temeplate which everyone uses, this shows that they do not care.
Their linkedin accounts seem to be generated, look at their expereince, their pictures.
The idea of project.

But in the end even if everything seems legit, it does not mean that it is not a scam.

Nonsensical project ideas include giving the promise of a coin that will fly high in no time, and it is a promise that makes people credulous. but in reality it is just a crap from a fake project. we must be vigilant and careful with these tricks

[Ginger Beef]

There are some tells,
For exmaple, the project page is the same old temeplate which everyone uses, this shows that they do not care.
Their linkedin accounts seem to be generated, look at their expereince, their pictures.
The idea of project.

But in the end even if everything seems legit, it does not mean that it is not a scam.

Nonsensical project ideas include giving the promise of a coin that will fly high in no time, and it is a promise that makes people credulous. but in reality it is just a crap from a fake project. we must be vigilant and careful with these tricks

^This. 

We all get pop-up messages in Discord from people we don't know (or want to know) with scam "wallet update" notifications, or "do you have a minute to talk".  Both are precursors to being scammed. 

For me, the community matters most.  Real projects have a strong community, with a growing base of new members - that are involved in a project for a long time.  A strong community is evidence the core team / developers are also active.  If the project isn't active - the community will move on to something else.

[Fesatmas]

Check the team member on the linkedin, check their whitepaper, plagiarism or not, that's the expert said before me, and i am agreed with that.
sometimes it works to identify if their project is a scam or not. and also, if the project is a scam, usually expert will write an accusation in this forum along with the evidence.

Well we have to check all their backslides so that we know better whether the project is an indication of a scam or not, the team sometimes always uses other people's photos to be posted on their own website.
And it was clear that this was not serious about their project.

[akitha]

im checking first their website, team if they were displayed in their website, social media accounts as well.. but I did not know your method.. its a good point. will consider this one as well..thanks

[Galley]

Of course, there are many different ways to check projects for fraud. Checking the site, teams in social networks, addresses, and similar options. But all these methods are designed for amateurs-scammers. If anyone is serious about this when serious cash infusions are involved, none of these options will help. Everything will be done very competently. Withdrawal of money will, as it were, happen by itself, force majeure, you will not find fault.

[Alohadanc3]

There are lots of scams or fake projects are in the crypto market. So it's almost mandatory to ch ck them before any kind of investment. There are lots of factors which you can check. First check their website and find every small details. And then crosscheck them. Like team members and their identity. Check their roadmap and if they are delivering the project in proper time or not. Check their partners and confirm it from both side. And if you can go through their white paper. I think this things will help a bit.

[ameliana]

I have been experience joining bounties to those project that turns out to be fake or bogus so it helps me to learn in a way the I became more cautios in joining. I always do my research in the project that wanted to join and be part with and I am searching if the project has a high reviews from the pro crypto enthusiast.

Can you share ways to evaluate new projects? I also did a lot of research before I got into bounties, but to be honest they still became scams at the end of the road. It is impossible to find a really good project at the moment

In fact, it is almost impossible to know which one is fake or not. because almost most of the scamers have changed the project to make it look original and can attract the attention of investors. it's just that we can still avoid it by not promoting shady projects, like offering sweet promises, bad team reputation & developer managing previous projects, no experience etc.

[Serco]

I could identify a fake or scam project by checking their whitepaper to see if they have any plagiarism. A fake project doesn't have a good whitepaper or has one patch up with a lot of plagiarism so I can use it to gauge if they're legit or not.

and now this problem could be solved, we could use tools program do detect plagiarism whitepaper. more over there are alot ICO Police tharegularly check all document about project. if we see and join in update group we will easily avoid from scam project.

[popeye95]

So how do you indentify if the project is fake?

Plenty of ways to identify if the project is fake or not. Look for team record, their country origin, their vision for the coin, whitepaper, exchanges where they want to hold IEO, or how they willing to public the amount of fundraising for ICO,etc.

[cryptovigi]

...
Plenty of ways to identify if the project is fake or not. Look for team record, their country origin, their vision for the coin, whitepaper, exchanges where they want to hold IEO, or how they willing to public the amount of fundraising for ICO,etc.

As you wrote, there are many ways of checking that could tell us that the project is a scam. Unfortunately, there is probably no way to be sure that the project is not a scam. All we can do is minimize the danger, but you can never be 100% sure that the project is safe.

I agree with the opinion of several users here that the safest should be IEO from the largest trusted exchanges such as binance etc.
The problem with IEO backed by binance is that there are only a few projects a year there, and additionally, before you invest in IEO you need to first invest a few thousand dollars at BNB and then.... will you be able to take part in the lottery where the prize is the opportunity to invest in a new IEO.
What more the the probability of hitting the winning lottery ticket is generally only a few percent so to maximize your chances  you should have 10 lottery tickets (10 is MAX) and how much do you need to have 10 tickets? Only 500 BNB means.... $10k - $12k
So inwesting 10k in BNB to win a chance to invest a few hundred dollars in new project is definitely not for small players...

Other words  investing in "safe" projects could be very expensive.......

[Pom_bensin]

Fake projects are easy to find, they usually operate at a generous and unreasonable reward. and they are constantly looking for large scale investors in exchange for getting into the big exchanges. but keep in mind that it is a lie and it will not happen. so it is a bogus project we have to be wary of

[Aaroenz0r]

Fake projects are easy to find, they usually operate at a generous and unreasonable reward. and they are constantly looking for large scale investors in exchange for getting into the big exchanges. but keep in mind that it is a lie and it will not happen. so it is a bogus project we have to be wary of

Well, it's easy if they use obvious tricks! In most cases, scammers are much smarter than we can expect. They will now use any common tricks or obvious traps that we can realize at the first time! It's a very hard thing to avoid being scammed in this market which we have to always do! If it's easy then not a lot of people got scammed!

[havoc928]

...
Plenty of ways to identify if the project is fake or not. Look for team record, their country origin, their vision for the coin, whitepaper, exchanges where they want to hold IEO, or how they willing to public the amount of fundraising for ICO,etc.

As you wrote, there are many ways of checking that could tell us that the project is a scam. Unfortunately, there is probably no way to be sure that the project is not a scam. All we can do is minimize the danger, but you can never be 100% sure that the project is safe.

I agree with both of you! There are plenty of ways to check if a project is fake or accurate! However, we never can be so sure! There is no 100% guarantee. All we can do is just to do good researches, it only help us reduces the risks. Since there is no way to eliminate the risk in this market, besides proper knowledge, skills and experience, we need one more thing - luck!

[lienfaye]

I agree with both of you! There are plenty of ways to check if a project is fake or accurate! However, we never can be so sure! There is no 100% guarantee. All we can do is just to do good researches, it only help us reduces the risks. Since there is no way to eliminate the risk in this market, besides proper knowledge, skills and experience, we need one more thing - luck!

Indeed, luck has also a big part when we search for a good project to invest or join as a bounty hunter. Nowadays its not easy to find a good project because of scam and those scammers are also smart to not get caught and doing what they can do to make their project looks more real. Extensive reseach is really a must and aside from checking their location, the team transparency is necessary to check if they are real people and not a picture of someone in google.

[infocoino]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

i would check as usual every detail they mention and compare it all, sometimes you can find conflicts between website and whitepaper or find some data that is easy to be approved but they don't approve it

it is all a sign of 2 bad things:
1st the team is not connected or they are using freelancers and this is creating some conflicts in content and make the project unstable
2nd they are scam and just filling data randomly

[cryptovigi]

...
 Extensive reseach is really a must and aside from checking their location, the team transparency is necessary to check if they are real people and not a picture of someone in google.

which is not an easy task if you are from another country or even from the other side of the world ...

Unfortunately, if you do not know the team personally or at least one of your trusted friends knows them (of course I mean "real" friend and not person who you know only via the network) there will be no certainty.
If a scammer plans to rob hundreds (or thousands) of people, he is able to devote raelly a lot of time and resources to make his scam look as credible as possible, what is investing a few thousand dollars in preparing a great-looking project if there is a chance for many times greater profit ...

[ttcsalam]

You are right.There are several ways to identify a fake project.However, I think. In a fake project, the team always uses fake locations and the team's name and address are all fake.Besides, the volume of their investment in the exchange is also fake.Most of their social media information is very enticing.

[ubay]

Very good question, and to find out which project is a fake just do the following simple things.

1. See all the teams behind the project, starting from their background, their social media / GitHub accounts.
2. Check the project domain again in whois, see how long the domain has been alive, if it's still very new, I hope you don't follow that project.
3. Be careful with high ratings but developer activity is stuck because it indicates a fake rating.

[Fesatmas]

Very good question, and to find out which project is a fake just do the following simple things.

1. See all the teams behind the project, starting from their background, their social media / GitHub accounts.
2. Check the project domain again in whois, see how long the domain has been alive, if it's still very new, I hope you don't follow that project.
3. Be careful with high ratings but developer activity is stuck because it indicates a fake rating.

Everything you mention is very precise where we have to thoroughly examine if we want to invest in a new project, and we have to really be sure of your instincts so that you don't regret doing it, but to avoid the risk it's better to stay away from a new project.

[Erumo]

Very good question, and to find out which project is a fake just do the following simple things.

1. See all the teams behind the project, starting from their background, their social media / GitHub accounts.
2. Check the project domain again in whois, see how long the domain has been alive, if it's still very new, I hope you don't follow that project.
3. Be careful with high ratings but developer activity is stuck because it indicates a fake rating.

How to properly check the team? For example your signature - Idena. It has no team information on https://idena.io/. Who are the people behind Idena? The only team members that can be found are telegram admin. But these people can be anyone, just a hired person.

[mamesso]

They are parasites, lest any of us here become their victims. Don't easily believe the big rewards they offer, because it was one of their strategies to get victims. And check first before making a choice. From bounty websites, social media, whitepapers and the team involved in the project.

[Princeofpoetry]

In fact, it is almost impossible to know which one is fake or not. because almost most of the scamers have changed the project to make it look original and can attract the attention of investors. it's just that we can still avoid it by not promoting shady projects, like offering sweet promises, bad team reputation & developer managing previous projects, no experience etc.

The hardest thing is finding fake projects that are so well designed to trick them. Finding out the team that developed the project and analyzing the whitepaper is a must, although it is not guaranteed to be 100% is real project

[kidelvis]

Location of the physical business always comes first then check the team.

[bayudndy]

You are right.There are several ways to identify a fake project.However, I think. In a fake project, the team always uses fake locations and the team's name and address are all fake.Besides, the volume of their investment in the exchange is also fake.Most of their social media information is very enticing.

How can you tell if it's fake locations? Will you book your plane ticket and go to that country to check? Just check out the project team and product, I believe you will know whether they are legit or scam.

[Toxic_1988]

You are right.There are several ways to identify a fake project.However, I think. In a fake project, the team always uses fake locations and the team's name and address are all fake.Besides, the volume of their investment in the exchange is also fake.Most of their social media information is very enticing.

How can you tell if it's fake locations? Will you book your plane ticket and go to that country to check? Just check out the project team and product, I believe you will know whether they are legit or scam.

Well, you don't have to do that. There is plenty of detective service to check in a local location for people from abroad. But many projects don't have a headquarter location or they could list something vague and not in detail. I think there are many ways to identify the legitimacy of a project, team information also one of that.

[Icologies]

fake projects can be seen from some factors White papers don't make sense, fake partners, invisible teams, when sales are always closed and lacking updates if you come across a project like this never invest in a project it is a fake project

[Obito]

To know if a project is fake or not is simply by checking it's website, whitepaper, and softpaper because they might be plaigarizing other projects works or just making their project look good just to attract other investors and bounty hunters. You could also check the team members informations because they might be faking their profiles, so they could trick other people.

[fosco333]

True, scam project makes investors losing their money and time, not only investors but bounty hunters as well, losing time and efforts in vain.
I think the best way to know whether the project is real or fake is by their whitepaper first. Scammers are lazy to make whitepaper from 0, then the plagiarized whitepaper is the important sign of scam project, even the slightest plagiarized content.

[sfireman]

True, scam project makes investors losing their money and time, not only investors but bounty hunters as well, losing time and efforts in vain.
I think the best way to know whether the project is real or fake is by their whitepaper first. Scammers are lazy to make whitepaper from 0, then the plagiarized whitepaper is the important sign of scam project, even the slightest plagiarized content.

Yeah, this is an effective way. Also, we can do location checking, looking for team members, team records, etc. All of that is to ensure that there is not too much percentage of scam. Doing researches such as those things can effectively help us to reduce the rate of being scammed in this market. Though, it's not an easy task that we need to learn how to do it right!

[mauriek]

True, scam project makes investors losing their money and time, not only investors but bounty hunters as well, losing time and efforts in vain.
I think the best way to know whether the project is real or fake is by their whitepaper first. Scammers are lazy to make whitepaper from 0, then the plagiarized whitepaper is the important sign of scam project, even the slightest plagiarized content.

I think looking at whitepapers is an ineffective way, because they can pay someone to make whitepapers from 0 so it's will look so beautiful, when they make a fake project, then the Scammer also prepared everything to trap investors, They are capable of making fake whitepapers and Teams.

[ancafe]

Honestly it's hard to determine tha fake project because it's look legit project if you will not do a research.
But not meaning that you are making a research you will find the real one or what you need to find out. Because they are good to hide their identity or their location or address because they are wants to hide all identity they have.

well, not even a fairly complete study will let us know for sure whether the project is a scam or not. in conducting research, we only seek information regarding the truth of the information provided. scam or not, it can be seen when the project is finished. I've seen quite a lot of projects running to completion of sales, but at that point, they're a scam in the end.

[Princeofpoetry]

Because they are good to hide their identity or their location or address because they are wants to hide all identity they have.

They want to hide their identity from the public by giving fake addresses and locations, even their team is made as real. We must be observant so as not to be deceived.

[ghost424]

There will be lots of instances to know whether the project is just some time-killing campaign for other people that just wants to join some campaign. That is the scary part since they can cater people to join their campaign and that would just waste their time. We can always look for some constructive criticism regarding some Alternate Coins. Then we can see whether the Creators of the campaign are willing to present their credentials in some public website. The website of that Alternate Coin must be created nicely and not just some website that is showing their platform. It should be informative and should display everything possible about that Alternate coin.

[lebregone]

There are many ways to check whether the project is fake or genuine like checking the team of the project whether they are all genuine or they are just using a fake profile.
Aside from that most of the shit or scam project will use a tactic that will promise their investors the best profit like 400% or etc. which is good to be true.

You can also check their roadmap,whitepaper and etc. as you can see some lapses there if that project is fake.

[Romeotom]

You will understand this when you research about that project. Moreover if you are a new member in this crypto market then follow the ANN thread of that project in this form because there are many people discussing the project. So if you find anything suspicious stay away from that project. Also research their IEO to see which exchange they are conducting IEO, If shit exchange that they run IEO then don't invest in that project.

[Divinespark]

Honestly it's hard to determine tha fake project because it's look legit project if you will not do a research.
But not meaning that you are making a research you will find the real one or what you need to find out. Because they are good to hide their identity or their location or address because they are wants to hide all identity they have.

It is true, even though we have done a lot of research, it is still possible that those are scam projects in the future. I've seen many projects like that, and recently as the YAM project, they have attracted a lot of investors but in the end it was a scam project.

[mamesso]

well, not even a fairly complete study will let us know for sure whether the project is a scam or not. in conducting research, we only seek information regarding the truth of the information provided. scam or not, it can be seen when the project is finished. I've seen quite a lot of projects running to completion of sales, but at that point, they're a scam in the end.

Scam projects are very unsettling, in fact, many have fallen victim to them. Even though you have done research on the correctness of the project, but it is very difficult to distinguish a scam project and a real project. Fraud perpetrators are very skilled when carrying out their mission, everything related to the project looks very real and has a very strong appeal, and only known after the project was completed or stopped halfway.

[Princeofpoetry]

Actually if you want quick checking you just search up their name to google and see whether they have some sort of social media account and see whether they are real person or not.

For ascertain whether they are real person or not, this is a difficult thing. Do you use some kind of tool to check it?

[Erumo]

Of course there are many different tools to be able to test projects, and most of it is on google and you need to have the knowledge to be able to learn exactly about projects. I also researched a lot of new projects, and found that most of them were fake and just wanted to fool investors.

What other instruments except google can I use to test project for being fake? And how exactly do you google the correct info?
I only know few plagiarism programs to check project whitepaper or info on their page. Maybe also using https://tineye.com to check if the project stole some pictures. But what else can I use?

[Estehmanis]

good advice, maybe it can be added in my way like this, I studied the project, the roadmap for updating social accounts and the person behind the project. But I think the success of a project is also influenced by the market, so you have to really understand to choose a project for participate in investing or become a member of the bounty hunter

[Mdashraf446]

I lost my asset by investing on fake project.
So it is very important to identify it. your opinion is better.

[azmirihaque]

I firstly try to read the white paper and justify the team members profile. It is one of the best way to identify scam project. Generally scam project is run by the fake team members. Bounty Detective community always run good project, so I don't miss to participate their bounties. Besides, I follow up the participants. The skilled bounty hunters can understand the face project and does not participate in such project.

[pungopete468]

When you find something shady about their whitepaper like copied, patent, poor execution and presentation of solution, shady team and no appearances of the team itself. Sometimes you will not know that it is fake sometimes they just don't finished the project saying that it failed well that's their strategy to look like the project really failed but in the end they just wanted you to invest to them and runaway with it.

[denasha92]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

yes, That's one of a simple way to know the fake project. also they will use plagiarism document and fake team member profile. there are some member here that will warn you about the fake project if you visit the projects ANN discussion. they usually did some research about the project and  warn you to avoid the projects if there is something fishy by posting in there.

[Pamadar]

good advice, maybe it can be added in my way like this, I studied the project, the roadmap for updating social accounts and the person behind the project. But I think the success of a project is also influenced by the market, so you have to really understand to choose a project for participate in investing or become a member of the bounty hunter

Being updated by following the roadmap and the team social media accounts gives you information if how well the team behind the
project are performing, it's a good basis if you are planning to participate both with investing and bounty huntings.
Knowing that the people behind are active and  they are real person not a dummy is good to being your investment.

[JCviggen]

When you find something shady about their whitepaper like copied, patent, poor execution and presentation of solution, shady team and no appearances of the team itself. Sometimes you will not know that it is fake sometimes they just don't finished the project saying that it failed well that's their strategy to look like the project really failed but in the end they just wanted you to invest to them and runaway with it.

we cannot be insured against the fact that after some time the project will be closed and the team will leave with our money, but in this market we have to risk our money

[Shallow]

You laid out a good point. Also, there are many other ways to know or spot out a fake project and one of the prominent ways is through checking if the team are really true and legit, and this is done by checking their identity on prominent websites like LinkedIn. This is because, it is quite easy to steal a profile from LinkedIn and use it to deceive investors. Another way is through contacting the partners if there is any to ascertain their level of trust and growth; also one should be careful with this particular strategy, that is, making sure the partners are really registered and/or known. Other ways can include unrealistic ideas, listing on bad exchanges, no attractive updates from the team regarding development etc.

[mamesso]

good advice, maybe it can be added in my way like this, I studied the project, the roadmap for updating social accounts and the person behind the project. But I think the success of a project is also influenced by the market, so you have to really understand to choose a project for participate in investing or become a member of the bounty hunter

Checking road maps, news updates on social media and people involved in the project are the first things to pay attention to. And the bounty manager has an important role in attracting bounty hunters, usually a good project will recruit a manager who is experienced and very familiar with bounty hunters.

[Bossfidelity]

I'm of the opinion that it's not easy identifying every fake project. Some fake projects have successfully built up themselves to be difficult to track. I was duped by one popular project which happened to be an exchange. Bcnex exchange had a lavish ICO and everything seems right, until I woke up to find out that the exchange website was on maintenance before they finally exited. I never knew in my widest dream that the exchange was a scam, though they've been having delayed withdrawal which I felt was as a result of internal issues.

[Kez1817]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

That's true, that's why we need to do some research first before joining. But sometimes we can't avoid to join a project which is promising and has a good start but sadly at the end of the campaign they didn't pay the hunters because project is failed.
Here is a helpful link to join a good campaign and avoid fake...
https://bitcointalk.org/index.php?topic=5228629.0

[Alohadanc3]

In this market a lots of fake or scam projects available. And the number of these type of projects are huge. So you have to careful always. This kind of projects are real threat for newcomers who don't have knowledge about this market. So always try to understand this crypto market first then go for investment. There are many processes to identify a fake projects. But still the success rate of identifying a project fake or not is not 100 percent. Always check for their team they are fake or not, go how are the partners,go for the whitepaprr,the exchange they partnered with. And always crosscheck this details. There maybe many more process to check their validity. And you also can go with those

[mamesso]

What scared me of new projects in this market was that many of them looked good and legitimate, but after listing them in exchanges the price dropped many times and disappeared from the market. But underrated projects that were more likely to be a scam became successful. It's too risky for you to choose and invest in new projects

The fake project is perfectly designed, so it is very difficult for us to distinguish a fake project and real project. Such a thing is part of their strategy, everything is so perfectly designed, that it looks like a real project. It's too risky to invest in a new project, because it could be a project that we think is good, it will actually make us lose the assets we hold.

[Untomabur]

What scared me of new projects in this market was that many of them looked good and legitimate, but after listing them in exchanges the price dropped many times and disappeared from the market. But underrated projects that were more likely to be a scam became successful. It's too risky for you to choose and invest in new projects

The fake project is perfectly designed, so it is very difficult for us to distinguish a fake project and real project. Such a thing is part of their strategy, everything is so perfectly designed, that it looks like a real project. It's too risky to invest in a new project, because it could be a project that we think is good, it will actually make us lose the assets we hold.

one great way is to buy coins from new projects on Binance, I'm sure you will avoid scammers,
because it has been proven that Binance is the home of good projects

[Anish02]

What scared me of new projects in this market was that many of them looked good and legitimate, but after listing them in exchanges the price dropped many times and disappeared from the market. But underrated projects that were more likely to be a scam became successful. It's too risky for you to choose and invest in new projects

The fake project is perfectly designed, so it is very difficult for us to distinguish a fake project and real project. Such a thing is part of their strategy, everything is so perfectly designed, that it looks like a real project. It's too risky to invest in a new project because it could be a project that we think is good, it will actually make us lose the assets we hold.

one great way is to buy coins from new projects on Binance, I'm sure you will avoid scammers,
because it has been proven that Binance is the home of good projects

I would agree with your opinion because people trust Binance more than any other platform because of its reliability and it definitely gives assurance to everyone about how good as well as safe it is to buy new coins. Buying from the Binance would be the best choice you gonna made because it could help to prevent scam projects from you.

[lxiaoh]

Thank you for sharing your experience to identify fake project, frankly speaking, at first, i almost dont have any of  skill to distinguish dummy project at all, so i have taken part in some fake projects sometimes, fortunately, i just as a bounty hunter participate in bounty compaign, so what i have lost was just time, no money. As the saying goes"A fall into the pit, a gain in your wit." Now i would serch the information of the project first when i wanna join in.

[cosmofly]

I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

I think that's not a good way, because they can rent an office there and when the project is complete they can easily go elsewhere. To analyze and identify scam projects is quite easy, you only need to note 3 things.
1. The web design is very sketchy and the whitepaper is often copied from other projects.
2. Roadmap is also not detailed and clear, the direction is misleading and always aims to make the price pump strong.
3. Huge discount with the purchase at seed round, about 50% - 60%, it can be considered as a scam project.
From the analysis of the projects, I have drawn out 3 things, hope it helps you.

[Cadaver20]

you only need to note 3 things.
1. The web design is very sketchy and the whitepaper is often copied from other projects.
2. Roadmap is also not detailed and clear, the direction is misleading and always aims to make the price pump strong.
3. Huge discount with the purchase at seed round, about 50% - 60%, it can be considered as a scam project.

You point out 3 most important matter. But I want to add some point with you..
a. Reputation of bounty manager. Before joining a campaign we should check the reputation of BM.

b. Visit project website and see the team members of the project and try to assess whether team members are real or fake.

c. Newly created social media. Most of the scam project's social media are newly created and lack of knowledge about the project.

[Miaallen]

Researching the authenticity of the team is the first step to take. Try to know if the people claimed to be behind the project are truly behind it. Check their partners and even contact them to confirm if they are actually connected with the project. With that, you can be certain that the project isn't fake. But you should also know that a project is not fake doesn't mean it is going to be successful.

[blue_hurricanger]

good advice, maybe it can be added in my way like this, I studied the project, the roadmap for updating social accounts and the person behind the project. But I think the success of a project is also influenced by the market, so you have to really understand to choose a project for participate in investing or become a member of the bounty hunter

Checking road maps, news updates on social media and people involved in the project are the first things to pay attention to. And the bounty manager has an important role in attracting bounty hunters, usually a good project will recruit a manager who is experienced and very familiar with bounty hunters.

Yes, checking the project's partners like the bounty manager also a good way to see if that project is legitimate or not. Although roadmap and other news feed on their social media channel won't help much since they know quite well those are the first thing appear in investor's eyes.

[restuibu]

seeing the team and partners in the project is also a very important consideration in determining the project, but if some of you don't have enough experience in determining projects, I recommend choosing projects that IEO in binance because all of the projects there will be listed there legitimate..

[Princeofpoetry]

I also researched a lot of new projects, and found that most of them were fake and just wanted to fool investors.

This is how scammers can trick investors with new projects. The easiest to spot is if the project is suspicious it should be avoided

Alias name or anonymous identity is okay as long as that project has a good reason to without their identity (privacy-based crypto).

I see, I would avoid projects without knowing the team behind them because the project that is trusted is who the person developing the project is.

[mamesso]

one great way is to buy coins from new projects on Binance, I'm sure you will avoid scammers,
because it has been proven that Binance is the home of good projects

Very good decision, By investing in coins that are already listed on the market is one way to avoid fraud that is very common in the cryptocurrency world.
In investing, it is not only profit that must be considered, but disadvantages must also be considered. Should, invest with quality, do not by quantity.

[Princeofpoetry]

well, deep research is the key to knowing whether it is a fake project, or not. however, we cannot draw conclusions when we do not do the research, and the risk of joining the project scam is greater.

True, even though we have done in-deep research, we can still be affected by a scam project  because the project failed, low volume in the market until it finally the project died.

[Apostlekin$$$]

It's not that simple to know if a project is fake or not, you can catch some just by asking good questions and you can also catch some scammers by searching their pictures online for fake attempts but some scammers are too good, they can hide without leaving a clue behind

[Apostlekin$$$]

The best thing to look out for is the team past experience, there must be some knowledge they,ve acquired through past projects or organization they worked for, Avalanche team caught my attention because theyve been into blockchain before Bitcoin was created by Nakamoto

[SomeJasonGuy]

That's a good way to start. The first thing we should do is search about the team members and verify if they are really involved in the project. Most of the fake ICO uses fake names and create new linkedin Ids with those fake names. If you encounter no other reference of the member and just a number of social profile that seem to be made recently than they are surely scam.
You can also try calling the phone number and inquiry the person who picks it up to find how serious they are about the project.

Yes i second this, this is a great way to tell if a project is fake. Do your research and verify if the team behind it is real, that's the top indicator. In fact, there are a lot of funny memes of projects with fake people behind them. Recently, i saw a project that had animated pictures instead of team members' faces. That's surely a red flag. Another way to check is if there's real activity on their social media and telegram as well. Good luck and don't get scammed!!!

[Docbee]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Hhmmm...identifying fake projects!!! Well, the issue is that, there are some red flags that are glaring pointing to a particular project to be fake.  However, there are some fake projects that were well packaged in such a way you could not even discover at all.  For example, on the issue of address you mention, fake projects can have real address.  We can only try our best to do findings and stare clear of the glaring red flags, but you cannot totally discover or run away from all fake projects.

[holly.ball8]

A fake project always has something out of place or fishy. You just need a bit of time to dig out by doing research on that project, check everything from goals, planings, roadmaps, partners, exchanges, teams,... I'm sure if everyone spends their time on said above, they ought to find out a fake project, eventually.

[taufik0911]

A fake project always has something out of place or fishy. You just need a bit of time to dig out by doing research on that project, check everything from goals, planings, roadmaps, partners, exchanges, teams,... I'm sure if everyone spends their time on said above, they ought to find out a fake project, eventually.

The scam project can also be seen from the quality of editing, other whitepaper references because sometimes they copy the white paper so it's very easy to find, especially the team, you can easily identify fake team photos
The website is also one of the references, namely on professional projects, at least having a website that will not have load errors

[coinswebid]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

you must know about their team member my friend, if the they don't have it, thats not a good sign
and if the team member is only a pict from google not a real face just stay away
and find out more about the whitepaper, sometimes a fake project will copying the whitepaper from the other project buddy

[nikki4]

Thank you for sharing your experience to identify fake project, frankly speaking, at first, i almost dont have any of  skill to distinguish dummy project at all, so i have taken part in some fake projects sometimes, fortunately, i just as a bounty hunter participate in bounty compaign, so what i have lost was just time, no money. As the saying goes"A fall into the pit, a gain in your wit." Now i would serch the information of the project first when i wanna join in.

You are just wasting your time as you think, but if you are promoting a scam project. Then you are wasting your time and investors' money. PayAccept is also my favorite, but how did you find this project without you earning experience? Like in yahoo news, I got the name of this project. Now this project is more reliable for so many good exchanges.

[chikator]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

This has become extra relevant espicially during this pandemic. There are a lot of projects popping up trying to get into the hype. While most of these are just seemingly reviving old coins but in reality theyre just selling dead coins to hopeful investors. Cant call it fake project tho, just flat out dead.

[Alohadanc3]

In this market there are lots of scammers here and there. You have to always open your eyes. Mostly those who are new to this crypto space are targeted by this scammers. Newcomers think that this space is only made by profits. So they try to invest in as fast as they can. And most of the time they end up being scammed. The only thing which can save you from this type of scams are knowledge. That's why I think always gain knowledge about your investment before you investing. That's it.

[Princeofpoetry]

The best thing to look out for is the team past experience, there must be some knowledge they,ve acquired through past projects or organization they worked for, Avalanche team caught my attention because theyve been into blockchain before Bitcoin was created by Nakamoto

It is true that an experience of previous projects can be a reference that the next project will be successful. But what if the team is new and has no experience! can it affect investors' confidence that the project is not a fake?

[Ronaldcoin2017]

There are so many scammers in cypto and i believe that it is really hard to detect if the project or maybe the person or group of people behind the project are scammers, the only thing we can do to know if the project is scam or not is to look on to the white paper and research everything because scammers mostly didnt put thier profile picture on the white paper they always used different pictures and identification for they cant be detected by authority.

[djmixen]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Perhaps, there are so many ways to find out first check if their whitepaper is copied from the other project or plagiarize, then also check their team as well and if you find out a lot of promises and sweet words, you better be careful and leave that project at once so that you may not become a victim by them in the end.

[Pamadar]

There are so many scammers in cypto and i believe that it is really hard to detect if the project or maybe the person or group of people behind the project are scammers, the only thing we can do to know if the project is scam or not is to look on to the white paper and research everything because scammers mostly didn't put their profile picture on the white paper they always used different pictures and identification for they cant be detected by authority.

But scammers are very genius now, they can make it looks legit.

Participating with any projects are really risky and the only thing that you can do to prevent being victimized is to not to stop
doing you constant research, every projects have reviews around the forum try to follow each of time you see any updates coming
from both the team and the community who are supporting the team, be wise not to be allure by the paid trolls.

[AqibSarwar]

One of the best methods to check if the project is fake is through verification of the team member and their life achievements.  It may need extra steps but it is better than losing the money we wanted to invest in it.  Most of the fake projects often give team detail very good and satisfactory details but it is up to us to verify them.  With that being pursued, we can check the validity of the team members and the validity of their exemplary achievements. If they are lying or exaggerating then we all know that the project is possibly a scam or fake.

[Think Crypto]

If you see that the project teams are getting less active in their social media, especially in their official telegram group. It is the sign that the project is probably scam/fake. You must avoid buying the tokens/coins from the project like that. It has a big chance to be dead coins/tokens. Also, if you see that the project has bad planning, roadmap, or the ideas in Whitepaper. It is not a good sign for quality project, it may be a fake one.

[ElmedoRator]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Perhaps, there are so many ways to find out first check if their whitepaper is copied from the other project or plagiarize, then also check their team as well and if you find out a lot of promises and sweet words, you better be careful and leave that project at once so that you may not become a victim by them in the end.

You will never distinguish scam projects if you use this method, scammer is much smarter than before and makes everything very legitimate. That's why many experienced investors get stuck investing in new projects, and they have become scams. Please only invest in projects invested by large investment funds in this market, or IEO projects at major exchanges such as Binance, OKex ...

[Snigdho07]

Basically it is hard to test whether it is genuine or fake. But usually I always try to research about the team,website,their roadmap before joining on that. I check their social account and their activities on that project. If their Twitter account newly created then maximum occasions I think they are fake. Also I check their project concept to verify them real or fake.

[Xanxus024]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Every time I joined in a project I always check the background of the bounty manager, I always search the project if its listed in ICO bench, I always check the community mostly it will find it in telegram group. I check the background of the team if one of them is involve in a scam project before there's a chance that the project is scam lastly if there's no White paper it means the project is scam. Well that's my opinion because I got scammed 3 times way back 2017 but lesson learned.

[Mehedi72]

Sometimes It's hard to revail fake projects cause they make their project so perfectly like whitepaper,roadmap, ideas, that looks alike a real project for investors but after fundraise, they flee away. Even i saw many project who just get disappeared when their project are in trending. So it's not possible to cath them but better analysis safe you from those

[hassancisse]

It is difficult to know a fake project. the one i saw recently which is KingCasino have been following them since they started the project i just found out on their telegram group that  they have successfully scammed everyone. it was so funny to me. Like everything was going so fine they just turned it

[denasha92]

1. Analyze the roadmap: check personally what the team has actually already done, and how realistic the plans are for the future,
2. Check team members for the reality of their personalities, find their past work and achievements,
3. Analyze how viable and relevant the project idea is,
4. Read the technical documentation carefully.

To learn how to analyze projects well, you need to become a detective)

some projects always change their roadmap in the middle of their project development these days. using so many excuses to delay the project. so i think checking the roadmap isn't very effective to evading some scam project.

[mandor]

1. Analyze the roadmap: check personally what the team has actually already done, and how realistic the plans are for the future,
2. Check team members for the reality of their personalities, find their past work and achievements,
3. Analyze how viable and relevant the project idea is,
4. Read the technical documentation carefully.

To learn how to analyze projects well, you need to become a detective)

some projects always change their roadmap in the middle of their project development these days. using so many excuses to delay the project. so i think checking the roadmap isn't very effective to evading some scam project.

yes, anything can happen while the project is running and they can change the roadmap or other rules whenever they want. sometimes a project that looks promising can end up being a scam for no reason certain.

[int03h]

The first is with the source code, it is necessary to carefully check the source code.
If the project does not have source code, we can check other information.
Information of team moderators, checking each member, accessing their profiles Twitter, Linkedin, and what topics they update about the project they are working on, need to ask them.
Check the whitepaper and see if it overlaps with any other projects?
Check out social media channels like twitter, telegram ...

[Alohadanc3]

In this market there are lots of projects available which are fake. So you have to be careful from this projects to not get into it. So when you want to invest in project you do some research before any kind of investment. You can check a projects in many way. First check the people who made this and there existance. In most fake cases they use fake people ids. So check that after that check their business address check it's true or not. Go for partners and exchange partnership crosscheck them. And if you have some time you should go for their white paper though it's a bit boring.

[Justin999]

Not possible at all. But some step may helpful for find them out. Should read their whitepaper briefly. whitepaper is the main document that explains the rationale overview and future goals behind any project. Besides check team members properly. In the case of more insidious project, the company & team members looks extremely professional but they aren't. Looking up their wrbsite properly, can also provide you real or fake certificate about any project

[rahmatullah9305]

I think it's quite difficult to find scam projects or not, because most of the current bounty projects look like real but end up with Scams. But at least we can still avoid it if you come across suspicious projects, especially about bad team reputation, no response to the community and tokens listed on shady exchanges.

Yes, everything you say is as initial evidence that the project is going to experience a scam, even though everyone won't know the basics at first, but by checking the team and the WP project composition, at least we can have time to avoid it if the project is suspicious.

[distr@yopmail.com]

Yes, everything you say is as initial evidence that the project is going to experience a scam, even though everyone won't know the basics at first, but by checking the team and the WP project composition, at least we can have time to avoid it if the project is suspicious.

when you have seen something suspicious from a project it is better not to visit it again. it will waste your time. better looking for a better project that feels right with your research. Basic analysis has been previously mentioned, it is the main provision in researching the project.

[Desscount]

Yes, everything you say is as initial evidence that the project is going to experience a scam, even though everyone won't know the basics at first, but by checking the team and the WP project composition, at least we can have time to avoid it if the project is suspicious.

when you have seen something suspicious from a project it is better not to visit it again. it will waste your time. better looking for a better project that feels right with your research. Basic analysis has been previously mentioned, it is the main provision in researching the project.

researching a new project is very difficult if there are no big exchanges beside them,
so we should really read and research it so we don't get a scam, maybe rating can help a little

[husencoe]

for now I am more interested in participating in IEO project than in ICO, because IEO project performance is clearly visible by listing their coins in several markets, whereas ICO project risks scam or coin price is too low.

[Jeger.Kiting]

Maybe you can also check all of their team or social media on the website, if there is something odd it is possible that it is a fraudulent project, if you have checked all the social media / teams and there are no irregularities then, chances are it is a good project, and good for you participate with the project, but it's not all 100% good. There are those who do not meet the target which makes the project fail, and in the end there is no reward for payment, surely everyone has experienced something like that and found a project like that, so the point is researching before joining a project, then you will not waste your time on participate with a project ...

[bussybuddy]

for now I am more interested in participating in IEO project than in ICO, because IEO project performance is clearly visible by listing their coins in several markets, whereas ICO project risks scam or coin price is too low.

Exactly, there aren't any ICOs that can succeed in this market. Almost all ICOs are scams so investors won't waste time with it, they are only interested in the IEO of large exchanges because it's more secure and more profitable.

[Diamond_Darrell]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Look, you can't know for sure, even after successful gatherings and following the roadmap, that the project is not fraudulent. In my memory, there were two projects that launched a stormy activity and then became a scam. Moreover, both tokens are still trading on exchanges

[proscratcher]

Dozens of new cryptocurrencies launch each month, and alongside these new tokens and coins comes a series of initial coin offerings (ICOs). The appetite among a broad pool of investors for these opportunities has grown, even in spite of the fact that cryptocurrencies were battered in 2018. All of these factors combine to entice scammers. After all, if investors have proven that they are willing to throw money toward a highly speculative cryptocurrency, they seem to be equally likely to invest in fraudulent tokens or ICOs.


For the cryptocurrency investor looking to make the most of the host of new investment opportunities while remaining safe from fraudulent ICOs and sketchy coins and tokens, the prospect can be daunting. Blockchain and cryptocurrency technology is developing at a rapid pace, and even experienced investors may find it hard to keep up with the terminology. While there's no guarantee that any cryptocurrency or blockchain-related startup will be legitimate or successful, the steps outlined below can help you to be as sure as possible that you're not falling for a scam.

[lepbagong]

Dozens of new cryptocurrencies launch each month, and alongside these new tokens and coins comes a series of initial coin offerings (ICOs). The appetite among a broad pool of investors for these opportunities has grown, even in spite of the fact that cryptocurrencies were battered in 2018. All of these factors combine to entice scammers. After all, if investors have proven that they are willing to throw money toward a highly speculative cryptocurrency, they seem to be equally likely to invest in fraudulent tokens or ICOs.


For the cryptocurrency investor looking to make the most of the host of new investment opportunities while remaining safe from fraudulent ICOs and sketchy coins and tokens, the prospect can be daunting. Blockchain and cryptocurrency technology is developing at a rapid pace, and even experienced investors may find it hard to keep up with the terminology. While there's no guarantee that any cryptocurrency or blockchain-related startup will be legitimate or successful, the steps outlined below can help you to be as sure as possible that you're not falling for a scam.

It can be ascertained and very convincing that fraud will be difficult to eradicate what can be done is to reduce it so that it is not excessive because it will clearly affect investors who do not believe in crypto which of course this can be a problem in itself.
It takes cooperation from all components that clearly want that crypto can work well and fraud starts to decrease so that investment increases.
many ways can be done as long as there is cooperation of all who are concerned with crypto will allow fraud to decrease because they are not supported to grow because of the information that is carried out simultaneously.

[DarkTrix]

Dozens of new cryptocurrencies launch each month, and alongside these new tokens and coins comes a series of initial coin offerings (ICOs). The appetite among a broad pool of investors for these opportunities has grown, even in spite of the fact that cryptocurrencies were battered in 2018. All of these factors combine to entice scammers. After all, if investors have proven that they are willing to throw money toward a highly speculative cryptocurrency, they seem to be equally likely to invest in fraudulent tokens or ICOs.


For the cryptocurrency investor looking to make the most of the host of new investment opportunities while remaining safe from fraudulent ICOs and sketchy coins and tokens, the prospect can be daunting. Blockchain and cryptocurrency technology is developing at a rapid pace, and even experienced investors may find it hard to keep up with the terminology. While there's no guarantee that any cryptocurrency or blockchain-related startup will be legitimate or successful, the steps outlined below can help you to be as sure as possible that you're not falling for a scam.

It can be ascertained and very convincing that fraud will be difficult to eradicate what can be done is to reduce it so that it is not excessive because it will clearly affect investors who do not believe in crypto which of course this can be a problem in itself.
It takes cooperation from all components that clearly want that crypto can work well and fraud starts to decrease so that investment increases.
many ways can be done as long as there is cooperation of all who are concerned with crypto will allow fraud to decrease because they are not supported to grow because of the information that is carried out simultaneously.

Today it became known that the creator of "Sushi" has sold his tokens for 10 million

[proscratcher]

If the project does not have a roadmap, white paper, team members are anonymous. So beware of that, always do your due diligence before investing in any asset.

[int03h]

The first is with the source code, it is necessary to carefully check the source code.
If the project does not have source code, we can check other information.
Information of team moderators, checking each member, accessing their profiles Twitter, Linkedin, and what topics they update about the project they are working on, need to ask them.
Check the whitepaper and see if it overlaps with any other projects?
Check out social media channels like twitter, telegram ...

that is indeed the basic thing we can do to minimize the risk of a project scam. but they are not enough to convince us. at this time what I believe is a project that has collaborated with the exchange. it proves the seriousness of the developers and does not just make promises for their big exchange planning.

A big swap also couldn't solve the problem, look sushiswap. Big exchange and future transaction.
Look at YBDAO, they have notice listing Bithumb but then Bithumb has blocked the deposit and withdrawal channel. The YBDAO team has put all raised funds into Tornado Cash. Exchanges work only for money and cannot be sure there is no scam.

[Calvinpiva]

So how do you indentify if the project is fake?

To be honest, my best way to identify a fake project is through reviews! I will write a post about that exchange in three different forums and I will compare all the reviews.
There are some projects that I will review them on youtube as well, but not all because some of them are paying for fake reviews.

If it's an exchange you can use those which have been listed in CMC, Coingecko and etc from 1 - 30 maybe.

[Keshav1458]

There are various ways to find the same,
1. Check their team and its previous history,
2. Check their profiles on Linkedin as well.
3. Check their all social connects channels and handles
4. Read the White Paper thoroughly.

[princecharles]

There are different signals to look out for while trying to decide the credibility of a project, one has to see if the project is actually telling the truth in terms of the information they make available to the public. Most scam projects peddle lies to the public and when we detect these lies they find a way to cover it up or ignore. Another checklist to consider is the whitepaper, when the whitepaper is plagiarised, it's a red flag.

[Dr.Osh]

a pretty good way to identify his team. Another way to identify a fake project is, sometimes you can see it from inaccurate team information, and it's quite new to social media. besides, their concept and website look unprofessional. some projects sometimes provide a sizeable bonus, at a fantastic discount. to be honest there are many ways to identify a project that is a scam or has the potential to be a scam or not. however, some of them are clever enough to cover it all, so sometimes people need escrow and a trusted third party for payment issues.

[bakasabo]

sometimes you can see it from inaccurate team information, and it's quite new to social media. besides, their concept and website look unprofessional.

Same can also be applied to a new, inexperienced team with low budget. The team and project might not have much experience in SMM, but have a great project idea behind? For example, my parents and people of their are dont even have social media accounts, but they are great at managing work, working as CEO or as a financial sector workers. If they create a social media accounts just to have them for project webpage "team" section, would you automatically tag this project as fake, because their facebook or linkedin pages are fresh and empty?

[Alohadanc3]

There are lots of techniques how you can check a product is fake or not. But you have to gain some knowledge to verify that kind of projects. If you are new to this market first try to learn and understand the market you will gain this kind of skills automatically. Firstly check their website and product. If you think it's fine then go for the team. Crosscheck theri social media profiles. After that go for investors and advisors and partnered exchanges (if there any). Check their partnership from both site. After that you can check their white paper which needs some knowledge. And after that if you think everything is okay you can go for those projects.

[Renampun]

currently, the fake project is known from 3 things IMO...
the first is the team behind the product then the second is the concept being announced and the third is the distribution reward amount for the campaign. if all three don't make sense then it's most likely the project is fake.

[Alert31]

Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Look, you can't know for sure, even after successful gatherings and following the roadmap, that the project is not fraudulent. In my memory, there were two projects that launched a stormy activity and then became a scam. Moreover, both tokens are still trading on exchanges

Yeah!Sometimes there are project which is really good and promising at the start but later on it turn to scam and suddenly leave their project. Sometimes it's difficult to identify the project even you study it very well and do research because they also shows a lot that can proves they are legit and not scam. So, I just have to say, we should be careful always to join and invest to a different projects.

[HK88]

Basically, fake projects have no real headquarters and often they won't provide updates about CEOs, managers, developers, etc., So to identify fake projects we need to have an Idea of ​​what a fake project is through the signs we think. if suspicious then leave immediately, on the other hand, don't forget to thoroughly research, especially the Dev team and background in managing previous projects.

[max6575]

work on initiation as appealing with different expends on uses of resource helps as parties with the business on crypto to manage with least of risks and collects on excess as compounding of returns and stands with the terms of business of crypto with supports of proper limit with capitals.

[(o)(o)ilikeboobs(o)(o)]

While there are projects and ways to test them, we have to wait until they exhibit our deceitful nature to realize.
This morning I just read an old topic that BCnex was cheating users after 8 months of operation. Everything was smooth until they found the user could not withdraw money from the exchange.
Or maybe they cheated by slowing down the project's progress after raising an ICO, even though their team looked great and reputable.
The most important thing that I believe to avoid scams is to know the team that leads the project and if profitable, get out of the project if you don't see the potential. Though it may seem emotional, I've been right a few times.

[Ekyfitri]

While there are projects and ways to test them, we have to wait until they exhibit our deceitful nature to realize.
This morning I just read an old topic that BCnex was cheating users after 8 months of operation. Everything was smooth until they found the user could not withdraw money from the exchange.
Or maybe they cheated by slowing down the project's progress after raising an ICO, even though their team looked great and reputable.
The most important thing that I believe to avoid scams is to know the team that leads the project and if profitable, get out of the project if you don't see the potential. Though it may seem emotional, I've been right a few times.

I think the news is quite long. but sometimes we can't analyze it well, like the case in the BCNEX project. they seem convincing by paying their participants in their campaign and operating for a long time. but by claiming the campaign reward you have to put a deposit first should let some people know if something is not right with this project.

[Zazzu]

1. usually unknown team .

2. lack of a good white paper and usually they do a copycat.

3.lack of git hub.

4.lack of product .

5.a shitty website usually designed by a teenager .

6.they wanna go to uniswap first because they think they are too good for CEX!

[escalante28]

There are lots of projects who usually deceived investors by promising good and easy gains. So before putting an investment into a project make sure to do your own research. Search for the team members, that's very important. Check their products and usage of their tokens too. Consider also their roadmap. read and understand carefully also their Whitepaper.

[Wildwest]

It's also one way to identify the project as fake but you also have to see the team working on the project if they have a team that we can rely on, because the success of a project is very influential on the team that manages the project because they not only give false hope to followers but can prove when the project is finished.

[deathcode]

It's also one way to identify the project as fake but you also have to see the team working on the project if they have a team that we can rely on, because the success of a project is very influential on the team that manages the project because they not only give false hope to followers but can prove when the project is finished.

how can we see or judge that the team composition of the project is reliable? even a project that gets support from a bounty manager or a promotion from a famous person can be a scam. or fail in their development.
we can only work with what we know. do your best, if you are still trapped in a scam project, then let's just say that it is not our sustenance.

[Miaallen]

I mostly find the authenticity of the people behind the project. Most of the time, the fake project put the picture of people that look trustworthy on their website with fake identity.

[sulendra12]

Based on Scam Accusations here https://bitcointalk.org/index.php?board=83.0 and most of the fake projects have these patterns:
1. No whitepaper or even plagiarized whitepaper, this one is easy to track.
2. Fake teams, they use the image from google image to make it look legit. But if you do a proper research, it's so easy to spot these stupid people.
3. Telegram members, you will see once you enter their group. It's full of bots/people that get paid for joining their channels to make it legit and attract the poor investors.
etc etc

[awakpane]

How I identify if the project is fake or not by looking at the potential red flag:
- The people behind this project are anonymous, use fake identities, or have fake accounts on social networks.
- The team does not have professionals with relevant experience.
- Whitepapers and business plans sound unrealistic or lack a detailed analysis of the market and competitors.
- The project author did not provide an example of their blockchain code.
- No working prototype.
- There is no escrow wallet for sending investor money to the developer.
- The project doesn't do any code to Github.
- The project does not have a clear road map.
- Tokens or blockchain do not appear necessary to achieve project goals.

[Sirait]

of course, the thing that can be seen most clearly is the team on display in the project. the majority of fake projects always steal other people's profile photos from social media to be used as a display on the initial appearance of their site.

Fortunately, now we have Google which can immediately find out the origin of the photos displayed. then what I see most often offered by fake projects is a big bonus when buying, don't let you fall into the sweet promise of big ROI.

[DU18]

I mostly find the authenticity of the people behind the project. Most of the time, the fake project put the picture of people that look trustworthy on their website with fake identity.

What you say is very true and from some of my personal experiences in following a bounty project, it is not uncommon for a crypto project to try to use photos of people who are very influential in the world of cryptocurrency such as John McAfee and others, we know figures like John McAfee has a wide network, so that their big names will certainly be able to influence people's interest to join and invest in the project, this is why we have to do thorough research on a bounty / crypto project before we join or invest our money in the project. .

[jekanmasin]

Basically i will search about the team whos behind the project and if it anonymous i will stay away as the potential getting scam are very big. Then look their website and if they using a simple template that look made by a kid i will skip that projects also. The most important is check their whitepaper as scam project love to copy paste other whitepaper. Always make your own research and try not to be fooled by scammer.

[bobyhodob]

Basically i will search about the team whos behind the project and if it anonymous i will stay away as the potential getting scam are very big. Then look their website and if they using a simple template that look made by a kid i will skip that projects also. The most important is check their whitepaper as scam project love to copy paste other whitepaper. Always make your own research and try not to be fooled by scammer.

Now looking at the whitepaper given by the team from those that can be read by the public is a very smart choice because all project progress depends on the concept you want to develop which is implied in the whitepaper, but there are other ways besides that you can use seeing the team at behind the project so you can see the authenticity of the project being formed.

[UniversityCoin]

To avoid falling for fake projects, you just need to avoid investing in new projects. Wait until the coin appears on the exchanges. You won't earn a lot of money this way, but you won't lose it either.

[Dana888]

How I identify if the project is fake or not by looking at the potential red flag:
- The people behind this project are anonymous, use fake identities, or have fake accounts on social networks.
- The team does not have professionals with relevant experience.
- Whitepapers and business plans sound unrealistic or lack a detailed analysis of the market and competitors.
- The project author did not provide an example of their blockchain code.
- No working prototype.
- There is no escrow wallet for sending investor money to the developer.
- The project doesn't do any code to Github.
- The project does not have a clear road map.
- Tokens or blockchain do not appear necessary to achieve project goals.

These are very good criteria for analysis and they resemble mine, except that I don't look at the authenticity of the participants. There was a time when I worked with projects whose owners were almost completely anonymous and the project regularly paid devidents every month. Is the project a Scam? Possible. The product may not even have been developed, but everyone made money.

[harapan]

yes that is one way to identify a fake or genuine project but in my opinion the most important thing is to look at the team's background in the project because even though their place is real but the team still has no experience, it is possible that half of the project's journey can stop and left the team

[Kehindem]

to me is not that easy to identify fake project, because they do present their project as real also, only when basic and deep research is been conducted, that is only when they can be identify to some extent, and they are some help ful tools that can help in identifying project state which are is Faq(White paper), Team means of communication and managers, mind you this does not guaranteed means, but can help to some extent. 

[masphie]

If you are new in crypto, i think you have to try to join much more project. And you will learn from it.

But, for me ...
1. Team
2. Logic
3. Social update

I think 3 point above i can try to understand how the program work and fake or not.

[(o)(o)ilikeboobs(o)(o)]

While there are projects and ways to test them, we have to wait until they exhibit our deceitful nature to realize.
This morning I just read an old topic that BCnex was cheating users after 8 months of operation. Everything was smooth until they found the user could not withdraw money from the exchange.
Or maybe they cheated by slowing down the project's progress after raising an ICO, even though their team looked great and reputable.
The most important thing that I believe to avoid scams is to know the team that leads the project and if profitable, get out of the project if you don't see the potential. Though it may seem emotional, I've been right a few times.

I think the news is quite long. but sometimes we can't analyze it well, like the case in the BCNEX project. they seem convincing by paying their participants in their campaign and operating for a long time. but by claiming the campaign reward you have to put a deposit first should let some people know if something is not right with this project.

They are very sophisticated in creating a reputable bounty program and doing things well in the eyes of others. It is a well-invested plan. No scam project yet, they reward users with XRP value. Other scam projects have never done so.

[Alamin9884]

Fake project are always  attractive. Faje project offers  a hug amount. But thair website  side are Random. The didn’t give a accurate information. Most of the time, the social media  of a fake project doesn’t have enough post. 

[lepbagong]

Fake project are always  attractive. Faje project offers  a hug amount. But thair website  side are Random. The didn’t give a accurate information. Most of the time, the social media  of a fake project doesn’t have enough post. 

I agree with what you say clearly and indeed the reality is like that, but now they are also smart because they have known how to do it, starting to change by taking data belonging to other people's projects and copying and pasting it to make it look like it has been well prepared even though it is project data other. they know many people who are lazy to see in detail their wp and others, they hope that there are those who are exposed to fraud with them, they don't have to work hard.

[leea-1334]

If you are new in crypto, i think you have to try to join much more project. And you will learn from it.

But, for me ...
1. Team
2. Logic
3. Social update

I think 3 point above i can try to understand how the program work and fake or not.

Bad advice. Do not join projects just to "gain experience" you can learn a lot just by following one project you love and support, AND actually use!

Team? Bitcoin was anonymous. Logic,,, anybody can write logical whitepapers does not mean the project will do well. Social update? Bitcoin has none:)

[kerjakuat]

You can't be 100 % sure if the project is fake. I always recommend to my friends to invest only in the top 100. It is too difficult in the crypto market.
Otherwise you should search about the team members if they are real and authentic persons and check the registered address of the company.

That why we need to make sure by doing our own research about the projects first before investing. We cannot rely on what other said about the project as most of the info provide at the internet was not a 100% correct and can be trust. Use our own sense and gut to believed the projects are fit with our own criteria or not.

[Captain Corporate]

 Usually the best way to know if a project is a fake or not is to check the white paper, they usually do not care enough to write a proper real and unique white paper and steal it from someone else. Obviously they are not going to put it one to one, they are going to change the names and they are going to change couple of small stuff and features and what not, but in the end it is going to be basically all stolen with tiny changes. Which is by far the biggest tell from anything I have seen.

 Aside from them, a real road map with team that doesn't match the goals could be another big tell, I see road maps that require so many different skill sets and in the end I check the team working on it lacking almost half of the skill sets and they just say they will hire people or even companies to help them. I am sorry but if you are not already doing the work and do not have the right people for it, I am not going to end up waiting for you.

[Erumo]

 Usually the best way to know if a project is a fake or not is to check the white paper, they usually do not care enough to write a proper real and unique white paper and steal it from someone else.

Binance Whitepaper is only 17 pages long, among which there are almost to technical information and information about BNB. Third of whipaper is the information about the team. Other part are some pictures of UI and intro stuff. Binance is a fake project because their whitepaper is primitive?

[Convery]

It is listed on Binance, Huobi or Bittrex? If yes, then you can be sure that these reputable exchanges did the work for you. If it is listed on Latoken or Exmarkets, then you can be sure, that the team, product, the user base is so poor and they want only to collect money and run because if the project is revolutionary enough, would the credible exchanges lose their opportunity to participate on the sale? 

[XCANA]

At first getting to know the team behind the project, verification of their social medias handles if frequently updating and last always be cautious of their website appealing UI. Though there is more to this investigative approach but with due diligence one can get the truth in short time. Also, reading news around the cryptocurrency platforms can help most especially those with zero hatred to scammers.