10 basic signs of electronic money fraud project evaluation
1. Projects tend to develop under the multi-level marketing model Often these projects will raise capital on attractive invitations like Bitkingdom: Just spend 10tr and you will be refunded in 3 months. If you add more members, you will get xx% of the money they invest in
2. ICO projects are not community based
3. Do not publish the list of founders and development team This is the trick of phishing projects so no one can track down their traces if they hug money and run away.
4. The virtual currency project does not have its own wallet or associated with the lesser-known purse Most do not have their own wallet but have to trade through reputable virtual currencies like Bitcoin, ETH, Zcash or cash.
5. Low account security system
6. Do not press releases and do not appear on the ICO project development pages
7. Do not publish source code, Public code is not public on the site is particularly prestigious Github.com
8. ICO projects show deceptive behavior only in certain countries.
9. Do not open public token sales, or coin not appear on the digital money buying site Parameters such as market capitalization, number of tokens issued, exchange rates, transaction volume. These are factors that need to be disclosed.
10. The scams of fraudulent ICO projects are not posted on such reputable platforms as Bittrex, Poloniex