While ICOs is an ethical way of raising money through “crowdfunding,” the process is obviously fraught with danger if you fail to do your due diligence of the company, its backers, its team, advisors, and its concept. Here are a few signs when an ICO is most probably a scam, first, are promises that are too good to be true, a shallow whitepaper, then check the core team if they're real or fake, also uncapped or unrealistic raise is a red flag and lastly, breathless hype on social media, if an ICO is confident on its product it shouldn't rely on buzz word hype in social media. Talking about these ICOs, great example would be finished and running projects like Stackr and Bitrus.