Post
Topic
Board Altcoin Discussion
Re: How to know if the project is fake?
by
JeffBrad12
on 17/08/2020, 13:35:07 UTC
You are right.There are several ways to identify a fake project.However, I think. In a fake project, the team always uses fake locations and the team's name and address are all fake.Besides, the volume of their investment in the exchange is also fake.Most of their social media information is very enticing.
How can you tell if it's fake locations? Will you book your plane ticket and go to that country to check? Just check out the project team and product, I believe you will know whether they are legit or scam.
Well, you don't have to do that. There is plenty of detective service to check in a local location for people from abroad. But many projects don't have a headquarter location or they could list something vague and not in detail. I think there are many ways to identify the legitimacy of a project, team information also one of that.
usually if they are real people they don't mind listing all their accounts name in internet for people to check like LinkedIn or that sort of thing, they might even speak up in public but fake project usually uses fake identity and therefore rarely comes up to public because they are not that person they showed on their project in the first place.