Hi Guys,
Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?
Thanks in advance.
99% of ICOs are designed for one purpose only - and that is to enrich the creator(s). In other words, yes, most of them are scams.
However, there are plenty of legit ICOs out there too. You just need to be very careful about which ones you choose to invest in. Do a lot of research in terms of the development team, whitepaper, road-map, etc. to gauge how successful you think it will be and then decide.
I guess from my observations, an ICO really is going to be great depending on how much the invested spent on advetising and the uniqueness of its platform. A lot now a days are appearing and it seems its hard to recognize whats scam or not. Keen obervations and reading really is a good style to figure it out.