Post
Topic
Board Altcoin Discussion
Re: Biggest cryptocurrency Scams ICO
by
langaw2018
on 08/12/2018, 17:16:56 UTC
Cryptocurrency is a revolution in the transaction but also used them to hold a major Scam.

ICO is a round of public fundraising, usually launched by a technical startup. The startup sells cryptocurrency tokens to investors; investors buy in the hope that the company will develop into a large business, which will increase the price of tokens.

There are no exact promises that ICO will turn into a good business. Investors are forced to give credit of trust together with their money. This is where the Scam begins.
It is best not to be a uneducated person on this matter and learn to study more regarding on the project to prevent possible scam instances. If you make a investment without making assurance on the ico project, you are risking your investment.