Identifying ICO scam

in scam •  7 years ago 

The absence of regulation in ICO / Crypto has seen few make-money and run / scams. It doesnt mean ICO are bad. I am no expert in analyzing a token / ICO offering but hope to prvide reliable verified info in this group about any doubful ICO or Tokens for others to make a informed desicison or to research further before investment. Thx
Make convincing ICO ... raise funds ... say you got hacked and keep the money —- NEO Gold —
Remember NEO GOLD? Well, they got hacked and now the coin... • r/NEO

Good scam and it's not the only one !! Did anyone buy into the Confido ICO? Apparently it was an elaborate scam that fooled us all.... some valuable lessons learned from this one

How To Avoid ICO SCAMS - Do Your Research!!

For those of you who are throwing around money at all the ICOs you can find, this video is for you! A friend of mine sent this video which quickly goes over different things you want to consider in identifying a scam ICO.

Please note that I do not know this person and is no way trying to promote his video. I am just another guy creating awareness among people not to get into scams.

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