Quote from: ven_bug_trap on June 07, 2017, 03:02:15 PM

Most people believe ICOs are scams because the vast majority of ICOs are scams. Not only are they usually a bunch of people with no apparent experience in the crypto sphere asking for money to be thrown at them, but most of the ideas behind the projects are either utterly pointless or hopelessly unrealistic. I'd love to see proof that a reasonable percentage of ICOs are legit, but I doubt I'll get it.

Too true. Most ICOs just turns into scams. Basically, there are a few signs it will be a scam like when the coin does not even offer something new. Basically those clone coins are just scams out right. Then you have to check the developers if they are doing anything or making anymore progress, though sometimes they quit at the end or after the ico ends. All of these signs though are not always present. Sometimes it was just planned to be a scam and no one caught wind of it.