A lot of scams happening in the ICO market due to lack of knowledge and desperation to dive into crypto market. Although there are many ways by which you can identify these scams like: Team profiles, whitepaper technicalities and etc. But is there any way to identify when all these things are taken care of?
as I just lost some money in a scam named DenCity. Everything seemed genuine at first. what to do in such cases or for assurance?
I have written an article about ICO investing which you could refer and hopefully help you in identifying scammy projects. Its a bit detailed approach but hey its your money so its worth the effort.
https://bitcointalk.org/index.php?topic=4502659.msg40531228#msg40531228In addition I need to add one thing, when looking for potential ICO's refer to
www.icodrops.com,by far all good ICO's listed there. There is a telegram group named top7 icos' its a weekly review by top youtubers about their top picks and the link to it's link is t.me/top7ico. Hope it helps u and I am sorry about you losing your money.