How To Create A Scam ICO

Don't take this seriously. This is satire!

Let’s begin!

Step 1: Create A Brand!!!

This will be effortless. Just use your minecraft, WoW, Guild Wars, etc. clan name if you can't think of anything. For this example we are going to use the brand name : S.C.A.M. Coin

We'll make it stand for something that makes 0 sense, but since it's an ICO no one will question if you put enough fake funding into it, but we'll get into that later. For now, we'll say it stands for... Security Citation Anonymously Managed.

Step 2 - Development Team

Ready for the easiest steps? Perfect, me too... just take random people from Google images. My favorite to use are Asians because no one questions if they can develop new technology. I also like to throw in a random "public figure" just for s***s and giggles. Make sure one of the "public figures" is a male so no one can point it out without sounding gay(happy), this is always a great cover.

So lets meet the team shall we:

CEO : Wai Yu Kum Nao

CFO : Wa Shing Ka

Chief Advisor : James Deen

PR Relations : Mia Zubair

Step 3 - Create multiple Reddit / Twitter accounts

Reddit is stormed with crypto gurus and multi billionaires. Great place to gain some momentum for your coin. You want to create a LOT of accounts and begin having fake conversations between yourself about the ICO. Don't make things too obvious so have one account you call your 'hater' account. This one will start off extremely skeptical about the new coin then say he's read the white sheets, coding and algorithm. NOW he's a BELIEVER!!! Amen!

...yes, I said white sheets. Remember this is an ICO so you'll get away with a lot as long as you exchange correctness with hype.

Twitter is pretty simple. Follow people and they'll follow back like the herd of sheeple they are! Looking for the next great ICO that'll make them more rich than Bill Jobs and Steve Gates. You can create multiple twitter accounts like reddit, but these people are so easily scammed by anything new I would leave it be with just one. Make sure you tweet money sign $ and your "company" ticker symbol with an update every 30 minutes. Remember you're a real company, so you have time to tweet while working hard to develop a new revolution to the blockchain as we know it!

Step 4 - Buy Success!

So this is where it takes a little bit of faith... if you really want to convince people you're legit without being legit... buy an old Bitcointalk account. All cryptocurrency ICOs pass through this place during their infant stage. The reason you want to buy an old account is because the older the account the more reputable it is in the eyes of others on there. Ancient = CryptoGod because of their ranking system.

Oh and don’t forget to create a self moderated thread on here, so you can delete any skepticism or negative feng shui from these crypto-peasants.

Step 8: Create your White Sheet Papers

The trick is to make it sound complicated without ever explaining anything. You can do this with ease as long as you use crypto terminology you've picked up and heard in passing. Things such as - Decentralized, Blockchain, Coins, Modify, Proof of Work, Parent Chain... and if you need more just look up synonyms of crypto words! And if you're real lazy just steal someone else's white papers in your same niche and replace the company name.

Alright, lets try this...

S.C.A.M. Coin has commissioned this paper and the design of a next generation decentralized private blockchain software solution suitable to operate all digital currency from a reputable private company who have been tasked to deliver a state-of-the-art version of this solution. This software solution is licenced exclusively to S.C.A.M. Coin, who are responsible for its implementation and operation.

The system itself is capable to fully run on its own privately managed IT infrastructure that's decentralized. Our decision to privately oversee this work reflects our commitment to providing the finest possible parent chain the block chain has ever seen. The future growth of S.C.A.M. Coin will modify block chain security to new heights. Our proof of work is secured through our decentralized security protocol to insure the safety of our investors. S.C.A.M. Coin crowdsale is a once in a eternity opportunity to become part of revolutionary decentralized blockchain technology’s future. Come one, come all... get your RvTs Tokens Now! (x120% bonus coins for the first 365,724 investors)

Step 9: The Finish Line

There's a checklist you want to complete before you're all set to launch:

Create Domain - scam.io works perfectly since you're not a real ICO unless you use .io

Build a WordPress website - Just put a bunch of space graphics symbolizing this ICO is on it's way sun because the moon is too mainstream. Oh and don't forget the countdown clock, a glowing sign up button, and your BTC and ETH address. Always update the amount raised daily to what you want your bank account to look like... law of attraction, right?

In conclusion, make sure your genuine care for society comes off sincere. You can even tell people your company is going to donate 90% of its raised capital to Eskmo kids starving in Africa that have Leukemia and Chronic Diarrhea with mild turrets. What a guy... what a guy.

Now go out there, find all the new crypto suckers of the world and get them to invest in one thing that'll make them feel like a millionaire...

A NEW ICO!