Post
Topic
Board Altcoin Discussion
Re: How to spot an ICO SCAM
by
megadouble
on 12/11/2016, 09:35:55 UTC
There are several issues with this way of assessing an ICO.

Firstly, the idea of 'self-mod topic' scoring on your list 5 points doesn't make any sense. As you are all aware, this forum is full of idiots, trolls and otherwise people with nothing sensible to say just clogging up the threads looking to increase their post count. So, some level of editorial control should not be a measure of anything. You should rather look at the nature of the posts getting deleted. If the mod deletes proper questions and critical posts that have some substance then you might draw your own conclusions. If the posts being deleted are just mindless drivel, then all the better for the thread.

Have a look at the GitHub and the code and see if it's just a basic clone or something a bit more planned and thought out.

Also, there are clear issues with posting your true identity online. It could be for tax reasons and for privacy so this is not a measure of an dodgy ICO. Do you research in what is being offered, it makes no difference if the dev is called Yolobeast of John Smith.