People we are all arguing that 80-90% of projects are scam startups. But in order to avoid it, we just need to invest only in ICOs, which use Escrow. That's it.
No product progress = no money.
In addition to the Escrow usage there are some other signs of a good project:
- Working product (or a highly developed prototype) availability
It proves that the team already invested its own time and resources in their idea.
- Reputable member in the team or advisors section.
It must be a person whose previous projects were successful.
- Add other parameters what do you think guaranty the success of ICO project.
Can you give us names on those ICO that uses escrow on there project as I never heard about this. I think the best way to get away from scam ICO is not going to invest on them. Mostly ICO price will get dumps once it get listed on exchanges then why invest if you can buy it at exchanges with lower price.