I agree with both of you! There are plenty of ways to check if a project is fake or accurate! However, we never can be so sure! There is no 100% guarantee. All we can do is just to do good researches, it only help us reduces the risks. Since there is no way to eliminate the risk in this market, besides proper knowledge, skills and experience, we need one more thing - luck!
Indeed, luck has also a big part when we search for a good project to invest or join as a bounty hunter. Nowadays its not easy to find a good project because of scam and those scammers are also smart to not get caught and doing what they can do to make their project looks more real. Extensive reseach is really a must and aside from checking their location, the team transparency is necessary to check if they are genuine people.