Hi Forum
A quick question if I may since taking part in airdrops I have noticed that some are disappearing quite rapidly, and I wondered what was your best way to spot a potential fake ICO?
leave your answers let's see if we can prevent people from losing money
Airdrop291
Without inside information it would be difficult to predict the 100% authenticity of ICOs. However some indications include:
- the projects idea: how broad and innovative it is.
- the team: how connected they are and their partnership for the project. Normally the partners have physical interactions with the team, so if the partners are reliable then they can help phish out the fakes. So if no real or established enterprise is partnering with this team on their project then it is suspective.