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?

[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.