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.
op you asked a good question. How can we avoid scam projects? According to my knowledge, it is very difficult to identify the scam project. But if you try, you can identify it, even though the project is scammed by the team. Because they don't keep what they say while running the project, instead they kill the investors' money and become pointless. A good way to recognize a project is if the team follows their project roadmap and the company has an audit pass. If these are there then it can be said that it will not scam.