Re: Reality of tokens

Quote from: BintangBuleun on November 03, 2019, 10:38:24 PM

Quote from: HammadAli on October 14, 2019, 06:01:57 PM

So regarding the fact that what it takes to create a token for example an ERC 20, i ahve found a gig on Fiverr.
Check the link.
https://www.fiverr.com/wedowo/create-your-ico-website-and-erc20-token?context_referrer=search_gigs&source=top-bar&ref_ctx_id=34a69322-cdbf-40a4-98e6-b9f51a1be52f&pckg_id=1&pos=3&context_type=auto&funnel=657f18cb-30b9-4ede-a7f7-139b402768ed

Seller is creating an ICO website as well as the token for just 50$. So your basic invetsment is 50$, Now you just need to do marketing by just making a telegram group and launching a scam bounty scheme and give members greed to give 10% commissions. And you are ready to scam people.
People choose these scammers to scam them and thats all. Not saying that all of the tokens are of this type but most of them are of indeed.

Making ICO very easy for those scammers, but if they want to do it seriously, then they need a lot of capital. For example, make a project about exchanges. I think not enough money with $ 50.
So, if we want to choose ICO investment, then we should be able to see which projects will run their business seriously.

Why not? I think its easy to set up a website or platform that isn't working yet, and just mentioned soon it will be up or downloaded via apps. Scammers would never let you feel they are scamming the community. This is their skill and they know how to handle marketing and peers for gaining trust, even how long they need to do it. Yes, lots of projects are suspicious, so better resort to IEO than ICO to be more safe.