Post
Topic
Board Speculation (Altcoins)
Re: avoiding ICO scam and frauds
by
metalglowd
on 04/06/2018, 22:41:04 UTC
We all are well aware of ICO frauds.

I use the strategy to start with a whitepaper, see team member details and the roadmap.

What strategy you adopt to make sure the ICO is not a scam/fraud?

more or less almost the same as that. first I see for the tokensale, usually I avoid for ICO with a lot of bonus but by giving certain purchase terms. In fact I had read that Vitalik does not recommend to follow ICO like that. Second there are team members. Their identity must be valid, whether they are experienced in crypto, and most importantly whether the photo and identity are valid. Roadmap and the rest depends on the type of project