Post
Topic
Board Altcoin Discussion
Re: How to know if the project is fake?
by
Alert31
on 12/09/2020, 18:45:47 UTC
Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.

So how do you indentify if the project is fake?

Look, you can't know for sure, even after successful gatherings and following the roadmap, that the project is not fraudulent. In my memory, there were two projects that launched a stormy activity and then became a scam. Moreover, both tokens are still trading on exchanges


Yeah!Sometimes there are project which is really good and promising at the start but later on it turn to scam and suddenly leave their project. Sometimes it's difficult to identify the project even you study it very well and do research because they also shows a lot that can proves they are legit and not scam. So, I just have to say, we should be careful always to join and invest to a different projects.