Post
Topic
Board Altcoin Discussion
Re: How to detect scam ICOs ?
by
nawosecad68
on 21/05/2018, 10:29:07 UTC
Hello everyone,
Recently scam ICOs are growing rapidly and it has become a severe problem among the investors and bounty participators. Can you guys please tell me how to detect them ?
I find it very difficult to determine a genuine ICO project or a scam. But, you can start by checking the white paper and the existence of the site. Then, you can check the team and its advisors, whether experienced or not. Next, you analyze the benefits of the project and the extent of its potential to grow. Things get tough, now cheats are increasingly seen not as frauds, so should be more careful in making decisions.