Quote from: Sithara007 on March 31, 2019, 03:32:17 PM

Quote from: cryptonerd42 on February 19, 2018, 11:00:35 AM

Hey guys, I'm new to the whole ICO world, and BTCtalk as well. I've been reading about a lot of scammy ICOs that take people's money and run away. I'm looking to invest in a couple of ICOs but have no way of knowing if they are good or not. Can anyone tell me how I can go about doing this without losing any money?

To tell the truth, there is no 100% reliable method to flag the scam projects. But from my experience, I would say that projects originating from countries with strict crypto regulation, such as Japan, South Korea, Germany and Singapore are less likely to be run by scammers. Also, avoid projects in which the promoters are anonymous.

Even countries with strict electronic money regulations cannot guarantee an ico is a scam. I have worked with many developers from Korea and they are only interested in the profit of the token after being listed on the exchange.