Helpful tips. I think that the number of followers from the community helps as well to tell if an ICO is a scam or not.
Ha... Number of followers can be fraud itself. Most fraudulent ico have great number of investors. Off course, if they don't have large number, that will be a basis for suspecting already. I think luck is involved here not just number of followers.
There are service that offers paid followers in social media accounts, you can see them on the services. Its cheap so that's why some ICO's are purchasing that service to gain followers and to trick people to make it look that they have many followers.
You are right,scammers are now intelligent too so make your investment in the projects after enough reasearch about it.BUt we can identify the fake followers by closely watching the profile if they have lot of followers but no activity on that page then it maybe the botted followers so this is a scam project of they done that.