Guys, do share your tips on how to identify scams. To widen the knowledge for people who are honestly trying to invest and gain earnings with their hard earn money!
Three ways to analyse an ICO.
1.
Whitepaper : To read whitepaper is essential if you are going to invest in an ICO, it is the face of a coin, usually scams don't have well developed and prepared whitepaper.
2.
Managing Team : Check the team background, check whether their track record and profiles exists in social media or any other platforms. Teams of scam ICOs will not have any previous record or profiles in other social circules or professional platforms like LinkedIn.
3.
Affiliation, sponsors and partners : Usually ICOs have their affiliation with some other companies and also have some partners, to check those companies can also help to analyse the ICO.