Post
Topic
Board Altcoin Discussion
Re: How to check if ICO is scam or not?
by
Babyrica0226
on 28/05/2019, 09:23:29 UTC
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? 

First you need to check the whitepaper they have if it is original then their team behind must also true and not fake. See if the usages of their token is attainable and realistic for the community target of the project, then look at the allocation budget for the bounty, if they have an escrow it is an advantage but not necessary needed, however, having a good reputation of the bounty manager is also a advantage too. And most of all they must trustworthy.