Post
Topic
Board Altcoin Discussion
Re: How can we protect ourselves from scam?
by
Danielcrypto2015
on 09/07/2018, 02:06:33 UTC
The crypto world is so vast and they are interest from all continents of the world. Some investors / projects came with good intentions to make the world a better place while some to defraud investors and projects founder. Can we have a better way correct scam and lapses?
I think there is no any 100% safe solution, but we can limit the ability of scam among new projects.
Firstly, we should search their activites on every social networks we could (There is no any active projects do not update their activities continuously). Secondly, we should check profiles of their team, their advisors.
Finally, about technique, we should review their token's info such as: how many token was supplied on the market? How many percent  of token spent to their team, how about their roadmap,etc?
If we completed all above ideas, then we can ensure 80,90% that the projects is real. How do you think?