Verified twitter, telegram account is the strong point for a new project?

[Jocuserious]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

[asawale]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Since Elon Musk takes over Twitter, blue tick verification is amounted to nothing when it comes to legitimacy of a project. Twitter blue tick is for sale to anyone who wants it now. And that explains why new projects with as low as 2k followers now carry blue tick.
As for telegram, a project or individual has to be solid before he gets the check. But it is also for sale.

[blockman]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Nope, just because they've got a verified account you'll believe that they're legitimate? Nah.
It's easy to get verified especially on Twitter when it has been taken by Elon Musk, you pay the monthly and you'll get that verified badge check. That's why I don't think that even there are some projects that do have verified badge on social platforms, that won't be a matter to me if I'll be choosing one to invest. There are even legit projects that don't have those badges and yet, they're more legit than of those that has it.
If many are encouraged to invest on those projects, I don't think that's a good factor for someone who invests in projects by just having that standard.

[$crypto$]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Don't easily believe Twitter has been verified because many are misused for other types of fraud, remember that getting a blue tick on Twitter is very easy for anyone who buys it, not all projects with a blue tick Twitter are good projects, that's for sure in it's a bigger scam under the guise of building a new project but still have to do more research so you can get the right project.

About new projects that cannot be avoided because almost every time something will appear and they already have verified Twitter and Telegram or blue ticks, don't make it easy for you to try to invest in new projects let alone don't do research, stay in your own stance and assess himself about the project.

[Wiwo]

My friend informed me that at this time many upcoming project social account like Twitter, telegram is verified.
Does that mean these projects can be trusted?

Having a verified social media account doesn't guarantee the legitimacy of the project and since we know the current situation with most of the social media platforms where everything is being monetized.

Twitter since Elon Musk take over have gone through a series of reform and a lot have changed getting a blue badge is now easier as long as the team can pay the fees,  but it doesn't mean anything in terms of project guarantee or security of investors funds.

In fact, many are encouraged to invest in any new project following this.
What is your opinion on this matter?
[/quote]

[o48o]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Why could it matter if twitter account have a checkmark? Because they can afford to pay $8 for checkmark? It doesn't matter to me at all if someone pays for it or not, i am looking at the development rather then silly optics.
It seems so silly to fund that platform anymore, it actually used to work well for cryptos, now it's just pointless.

I am not sure what are the requirements for verified telegram channels, but it's essential point that or something we should be focusing on.
Only improtant thing in telegram is that we should always double check the real @nick anyway when we are talking to someone.

[Coyster]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Social media verification has always counted for nothing, but it recent months it is now completely useless, and if you trust a project or a person only because the have a verification badge, then i'm afraid you are going to be scammed. The thing is, there's no way to believe in an altcoin project, their whitepaper is usually filled with fake/unrealistic promises and more often than not the project owners are basically launching the coin/token to make themselves money. Having said that, take altcoin investments as gambling, thus invest with just the money you can afford to gamble with.

[shinratensei_]

there has been some cases of scamming from some projects that have verified twitter accounts, the verified sign in twitter right now is pretty much useless that I don't think it still matters this time.
even though there are saying that only legit project are having gold tick badge but honestly as long as it's bought badge i just don't think it will be any different despite the difference in pricing by twitter.
right now, i think getting to know the developers personally through discord is more meaningful than just looking at the twitter badge.
i might be wrong but its kind of clear that strong point of a new project is neither of them.

[dunfida]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Not enough but a considerable thing compared to those projects who dont have verified accounts and some good number of followers or something like that but we know that we are on an era on which everything could

be bought so that it would really be looking that legit and something that convincing. We know that investors would really be mainly or commonly be checking out these mediums when they do make out some DYOR before they would be investing and on the time that they do saw that those accounts are verified then it would really be creating that kind of impression that this must be legit therefore i would invest but you should not.
You would really be needing other factors which needs to be checked out because as long you dont able to see or know those devs and their Roadmap and WP then you cant really make out
assurance that those promises that they had been saying would really be followed.

[TastyChillySauce00]

You can get blue tick verification easily by paying some amounts of money. How old twitter account gonna be also preventation to get it but there are lots of way that can be done by the scammers. It can't still be used as a reliable source to determine whether that was good or bad project.

It's caused by blue tick can be gotten with only payig some amounts of money.

[livingfree]

You can get blue tick verification easily by paying some amounts of money. How old twitter account gonna be also preventation to get it but there are lots of way that can be done by the scammers.

AFAIK, it's around $7-$11 monthly and that's an easy access to that blue tick that @OP's setting as your personal standard that might put himu into trouble of losing money.

It can't still be used as a reliable source to determine whether that was good or bad project.

Yeah right.

Determining it through that is not gonna work out right. It's like an easy access and shortcut and not really considerably good as a way to determine such.

[noorman0]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.

Because of this, Twitter's credibility has decreased drastically, where many have deviated from its original purpose, which has caused several influential people to also leave the platform since it was acquired by Elon Musk. Everyone can conclude with only the subscription badge requirement it is a big loophole of twitter being a hotbed for scammers.

Since I'm seeing more and more fake altcoin verified accounts lately (they do airdrop spamming tweets on their phishing sites), I personally find Twitter to be getting annoying.

[ultrloa]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

No even your close relative could scam you so don't make those things as your reference to decide if the project is legit or not since they could easily verify their media platforms to make it look legit. Just look how they deliver their promises to their community and also how the updates going since maybe from that there's a chance that they can be a legit platform. But for now seek for multiple information about them rather than trusting them for just like that.

[hd49728]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified

In the past, have verified Twitter account is difficult but latest months, with a sale business from Elon Musk, you can get such verified accounts easily by spending money.

The cost to have verified Telegram is cheaper, it's easy.

Does that mean these projects can be trusted?

Surely no. You can not trust a new project and can not trust it because it has verified badges on social media.

Check their Github to see their development activities.

Altcoin season, scam altcoin projects will appear. Check their Githubs first

[libert19]

What's telegram verified? And regarding Twitter verified accounts, it's now purchasable and even if it were not there would be farmers who would sell verified accounts.

Answer to the topic, It doesn't matter much, ain't no way this would help with project's legitimacy.

[wxa7115]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

Think for a moment, does the fact that the social media accounts of the developers and their project are verified means something relevant to how trusted they should be? Does Twitter investigate them and see if their project is legitimate or if the credentials they claim to have are real?

If the answer is no, and I am pretty sure that is the case, then why are you and your friend giving any weight to that verification process when it means absolutely nothing?

[LogitechMouse]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

How much is the blue tick now in Twitter? 8$ per month. That's 96$ per year only. Anybody can afford that amount.
Any scammer who can have 100$ in their pockets can just buy that blue check for a year just to show to the public that they're legit, but in reality they're con artist, and just patiently waiting for some newbies that would fall into their trap.

I just hope that a mere blue check mark isn't a sign that they're trusted therefore you will invest into them. It's just a blue check, nothing more, nothing less especially now that the chances of getting that blue check is higher now because you only need to pay.

Having blue check = projects can be trusted. If you really want to invest into new projects, many here said some tips that will help you, but for me, I'd rather invest into old, and established coins, and tokens rather than investing into new projects. Lesser stress, lesser risk, happy life.

[Jackl87]

My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

A verified Twitter or telegram account alone is absolutely meaningless in my opinion because both can be aquired pretty easily. I also know a few reliable and big companies that don't have a verified Twitter account because they don't want to support the recent changes of Twitter with those payments.
In the end you always need to be willing to take a pretty big risk, if you want to invest in crypto, especially in very new projects. No research can protect you from that.

[Oneandpure]

Can't guarantee with verified social media account from twitter and telegram account is the strong point for new project, right now many way for making verified twitter or telegram account by purchasing above $8 and your social media account got verified. For good project is depend on their teams advice and how experienced with the owner but having real verified social media account get added points to make some project will success at the future.

Its not only about verified social media account only but also you need check interaction there, its realistic with account social some project have been verified but their tweet on twitter less interaction without any user retweet or giving feedback.

[Apocollapse]

Verified twitter, telegram or any social media accounts just show the team want to spend more money in order to looks professional and legit. I repeat, it only make the project looks legit, not actually legit.

We all know Monero is a legit decentralized and privacy oriented coin, but their twitter account isn't verified [1]. After all there's no way to prove if the coin is legit or scam, but a long existed decentralized coin is obviously legit.

[1] https://twitter.com/monero