Post
Topic
Board Altcoin Discussion
Re: ICO's Have Been Getting EXPOSED! Finally...
by
SistaFista
on 02/05/2019, 07:41:34 UTC
If any of you are still interested in ICO's (I hope the answer is no), then you should know that 99.9% of them are complete garbage. They've been lying about the amount of funds that they raised, project details, project intentions ect. In other words, the majority of these companies are garbage dumpster fires. Companies like Swachhcoin (dumpster fire) got exposed recently on Tipestry. They've been deleting comments in their Telegram that exposed their company as a scam. However, Tipestry allows users to comment on the app as an extension. This way, Swachhcoin and other ICO's can't delete comments that expose their project for what they are...which is garbage.

It is a shame that Swachhcoin is turned to a scam project. I am agree that many ICOs nowadays are trash, but not all of them is trash.
That's why to prove the amount of raised funds in a project, IEO is the best solution.
When the project is listed in IEO of some exchange, the total amount of sold token is shown by the trade history.