I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
to find a fraud project is very difficult in my opinion because intelligent fraudsters will be able to fool smart people. thus making it difficult for us to distinguish between fraudulent projects and real projects. Bounty managers who have managed many bounties have also run fraud projects. that is because of the difficulty of distinguishing true and false projects.
There are actually a lot of things you should consider when joining or supporting a particular project. You can actually somehow recognize if that particular project is a scam by reading their whitepaper wherein almost all of their information is already stated there and also the team itself, you are the one who is deciding if that information that is stated there are possible to happen or their target is too much. I can also say that you can recognize fraud projects by their website and their moderator also because some projects don't have a website or their website is a scam, and the moderator is not that encouraging. You can also gain information from other investor or supporter who already invest their money there, you can ask if that particular project is legit and you can trust your money there, you can see their reviews.