Post
Topic
Board Altcoin Discussion
Re: How to identify a legit ICO from a scam?
by
eth_slave1
on 16/11/2018, 16:20:54 UTC
You read the whitepaper, you see the team behind the project. If it's something that has been done before multiple times and it didn't give any success (say a debit card for crypto) or you have the least doubt that they won't manage to deliver, simply don't invest.
I agree to an extent,  but not completely.  The WP says a lot about the project,  the team too,  development, planning and road map also.  But just because a thing's been tried before and failed doesn't mean the next person doing it is a scam.  And for the debit Crypto card you mentioned,  I think this is coming soon than later.  MFChain,  a cryptopayments platform is coming out with something like this and I very certain,  they're the farthest thing from a scam you can think of.