There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
To be able to avoid scam projects you need to do your own research and think carefully before investing in any project. You need to consider some things to be able to avoid scam project. You need to check on the white paper and read it carefully and make sure it is well written and it makes sense. Check as well the project's roadmap it must be clear and it has milestones. If the roadmap is unrealistic then you should doubt about the project. Check also the background of the project team members if they involved in scam or they are involved in a successful project. Consider also the community support they are receiving from the investors. Do not just believe in a project who seems to good to be true and promises a high returns with little risk.