Post
Topic
Board Altcoin Discussion
Re: SIGNS THAT A CRYPTO PROJECT IS A SCAM
by
coin-investor
on 18/07/2023, 23:53:12 UTC


4. No clear use case: A legitimate crypto project should have a clear use case for its token. If a project cannot articulate a clear purpose for its token, or its use case seems vague or broad, it may be a scam.

Every bad project does not have this, they thrive on false marketing like shilling and FOMO, they do not have a use case to market and they promote potential profit.

Projects that do these things usually copy-paste existing projects, they copy what's trending and follow their path.

A use case is everything if they are not bringing something to do the community they are not for the term and they will die a natural death just like all the past shitcoins, we already have thousands of dead coins because they do not have something to back up their presence in the market.