Post
Topic
Board Altcoin Discussion
Re: They want your money by all means possible
by
Victorik
on 28/11/2022, 16:34:50 UTC
We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

It is becoming more and more difficult by the day to differentiate a genuine project from a scam.

My question to the OP is this:
So, how to we tell a genuine project from a potential scam project if all of these previously check are no longer a guarantee?