Quote from: PsylockReborn on May 07, 2018, 10:19:41 AM

Quote from: Sysmark on May 07, 2018, 10:13:19 AM

Dear All!

As many of us are aware the fact that there are many scams fooling and cheating people of their money under the disguise of ICOs,it would be really useful if your thoughts can be shared for all to be cautious of.
Please be kind enough to comment your ideas!
Thank you!

It's really hard to tell whether an ICO will scam you or not but there are some certain measures that you should be doing before investing in an ICO. For you to be able to know about the project you should read the whitepaper for you to understand the nature of the project whether it is realistic or not. It is also very important to know the people behind working with the project. You need to research as well of the possible affiliates that this project have to back them up for their development. Make sure that the project will also address a certain problem that most tokens or coins wasn't able to deliver for it to be useful and have value when its launched to the public and always follow your gut feeling and intuition almost all of the time it's correct when your in doubt about investing into a scammy project.

in my case,I have been scammed twice and I have learned my lesson. I will be sharing some of the tried and tested tips:
1. Website: a good website is a must and will show you that the project is well funded.
2. White paper and roadmap : with this you can really identify as to where the ICO is heading to and the targeted goal for the year.
3. Uniqueness: good ICOs stand out from the rest because of the unique feature that they offer.
4. Reputable bounty manager
Hope this one helps.