My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?
Nothing is guaranteed as far as crypto project is concerned due to it non regulation there are lot of project that look legitimate based on their verified socal media platform yet ended up as scam. I personally participated in one of such project on 2018, they perfected their social platform especially telegram where a moderator is always online to answer any enquires, they also have a top high ranked member of this forum as their bounty campaign manager, they run their promotion virtually in all the social media, however in the run after collecting fund through their ICOs they disappeared into thin air consequently scammed investors their hard earn money the best bet is to invest with what you can afford to lose.