To avoid ICO scam:
1. Be careful never to admit
The first step for investors to undertake is to conduct in-depth research on a project. Infinite investment in ICO can bring huge profits in the distant future, but it also significantly increases the chances of investing in a fraudulent project. Unplanned ICOs must be avoided, as it is a minimum requirement for any serious project. If the company or project can not convince you of its application possibilities, you should not steal your wallet for them.
â.Avoid address spoofing
In many cases, we see people distributing fake Ethereum wallet addresses to participate in a pre-ICO algorithm. This mainly happens on Telegram, but Slack can also have similar problems. Never trust the address of an Ethereal wallet sent by someone you do not know on the internet. Do not ask for these addresses, because all you have to do is just a big donkey. Use the information provided formally and the address displayed on the legitimate ICO website.