Quote from: hamba laeh on Today at 07:40:14 PM

Quote from: FireDAO CY on April 26, 2023, 07:55:32 AM

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.

Scam projects have been around for a long time and it's very difficult to know beforehand because they do everything carefully from the initial step to the final step so that no one can detect it and after they get profits from investors, they leave the project and create a new project.. So in my opinion, to avoid project scams, we have to do research by gathering various information about projects that will be launched, such as teams, whitepapers, websites and also programs that they will run in the future. if their project is a scam we will definitely find mistakes in it.

If you have frequently reviewed the activities on each project it will be easy to identify scams from new projects, their project scheme will always be the same and only replace the new project name and slogan to attract novice investors, so always check the project so it will be easy to recognize good projects and scam projects, both will surely differ even though scammers have the skills to make web appearance, whitetaper and etc look real but no scam is perfect.

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