Quote from: ManavKalyan on November 21, 2017, 09:14:17 PM

Quote from: TokenSell on November 20, 2017, 11:28:55 AM

Reviewing ICO projects is becoming a challenge because we have tens of them per week with their crowdsales starting. Some projects are making investors life harder because their websites ar not explaining how real they are and what they are really doing: using hype around cryptocurrency or trying to do the project.

The reasons why ICO teams are not trusted:
1. They have not links to social profiles of their members on facebook or linkedin.
2. There is no dedicated person that answers emails or in social media.
3. Communication is not personalized. You chat or email with a person with no name or a name you can not check is true.
4. You have to wait several days to get the answer from the team.

Just read about one such example "Confido"

https://www.cryptocoinsnews.com/exit-scam-confido-startup-vanishes-after-raising-375k-in-ico/

These scammers are a shame to the community creating bad blood and distrust with the entire ICO concept.

We should definetly come with a solution that will help everybody to avoid scammers like that.