Quote from: stompix on September 06, 2019, 08:10:46 PM

Quote from: ohyeahhaha122 on September 06, 2019, 04:01:20 PM

I think there needs to be a company specializing in combating fraudsters.

There is one already and you have access to it, it's called common sense, just use it Tongue

Quote from: coin-investor on September 06, 2019, 05:39:30 PM

IEO is a lifesaver for investors if not for this,

IEOs are just well-disquised scams, that's all.
So they pay a fee, you buy their tokens and....what guarantee do you have those tokens will be worth something? None!
But you fall for it because the useless token is already on an exchange and you feel like this gives them some kind of legitimacy. It doesn't.

Just because you know the team, you know where their office is, they are listed on an exchange, they are paying articles to promote themselves is not a guarantee it will not turn into a scam. Remember bitconnect?Centratech? How would have an IEO saved you from it?

This is absolutely right, I've been wondering also what because I'm always like does IEO guarantee that a project is good? . Although I've been into cryptocurrency since 2016 but I fell into several traps.
I see a right answer here because I wanted to participate in an IEO which took place in Bitforex month ago but I was late.
Now, when I check the token, I see it far less than the IEO price and many investors are not happy in their Telegram group.
Definitely, IEO doesn't mean a project won't turn out to be scam and No IEO or ICO doesn't mean its not scam also as I can think. We just need to use our Brian not heart.