Re: Reality of tokens

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.

Yes, I have discovered this problem for a long time and since then I have invested less in ICO projects. There are many tricks to cheat and you should be careful. Especially the fake contract addresses created after the main projects. Ask the admin about the contract address to make it safer to deposit your money to any wallet address. because when we make the wrong add contract address, our token will automatically send to another address instead of our real address. Please be careful.