How to know if the project is fake?

[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.

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[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.