Post
Topic
Board Beginners & Help
Re: Identify a fraudulent project?
by
Hanebel
on 26/10/2017, 03:20:27 UTC
Me, im taking a research about the people behind the project. If they are reputable developers. I consider them as legit project. If i found out that they are not real. That's absolutely a scam. If you are tech savvy or code specialist. You can check their source code to github and compare them to other altcoins. Im not good at codes. So im not doing this. Check the whitepaper. Some project are just copy-pasted from other projects. And finally, the roadmap. Check the project if they have roadmap. Roadmap is their aim to accomplish their goals by presenting whether short or long term milestones. That's my strategy to determine what is scam or legit project. Good luck.
This is a good advice.I'm also looking for ways to check if projects I am joining is legit.Before my I only depends on the comments of threas if there are a lot of negative comments.