Post
Topic
Board Altcoin Discussion
Re: How would we know which cryptocurrency would be Scam?
by
jossiel
on 30/01/2018, 16:53:26 UTC
No one will ever know of a certain ICO if it is a scammer or a true ICO. But for me a specific ICO is real if it has a website and a Whitepaper and has a roadmap. That is the thing I consider to verify if this is not a scam.
Looking at the white paper and road map will not help to find out if the ICO is just a scam and doesn't have intention to move forward with what they are planning.

The only way to know if a project is a scam through this
Detecting early will become possible only if a crypto currency is coming from a known team of scammers.
Scammers will be scammers and if they are done with their past scam coin, they will generate a new one to scam more money.