Post
Topic
Board Altcoin Discussion
Re: 80% of ICOs from 2017 were scams.
by
profitgenerator212
on 23/08/2018, 16:14:00 UTC
Numerous number ICO from 2017 were reportedly scams, if not those project that were able to raise just enough funds to start the project died off after 4 months of its operations. There are some reports that numbers of scam projects from 2017 have surpassed the total number in volume despite just halfway through the year of 2018. It’s quite alarming. Is there any possible way to filter or screen projects before running their ICO’s to avoid scam?
ICO scam when it dies or stops working. As you said that although the ICO was successful it only lasted about 4-5 months of operation and it was abandoned. And that's also called ICO scam. So it's best to just participate in the ICO of the well-known developers and have a clean profile