Post
Topic
Board Beginners & Help
Re: HOW to 100% avoid SCAM ICOs
by
TheAndy500
on 22/10/2018, 00:31:35 UTC
People we are all arguing that 80-90% of projects are scam startups.
I disagree with this statement, because many ICOs are successful at this time.

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.
Yes, I agree with this, because with the ICO product, the project can run smoothly. This means that there is a coin turnaround quickly.

80-90% is scam..?! I don't think so. With the current market situation, many of them have failed to achieve the minimum to start (softcap) but if we add even those, it will not be 80%

The two things you mentioned are definitely the most important for the project to go well. However, I do not agree on the escrow. It could work, but only if the development team had the amount to secure the whole, but then they would not need ICO, right?

I think that hedge funds can be an interesting solution - for example: https://dehedge.com/