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RE: How to Spot SCAM ICO's and don't lose your hard earned money (Intial Coin Offerings)

in #bitcoin7 years ago

Some good points. Mostly I think it's scammy when the ICO is before the tech is ready- more like an IOU!
I like onG Coin and Lbry because the projects are live and working

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Yeah they are not the typical ICO just a team + a white paper
They have already working product and lots of users.
ONG.scocial has been around for a couple of years.

yes your right , we need tangible results by the team like alpha or working model of the product or platform, common sense stuff.

Yes awesome video. Most of the ICOs are scam as there is no real product. They will take ur money and vanish. Even I like ONG ICO. They have a good product. The team is also standing. Looks legit to me

thanks for heads up

It is just logic to me. If you invest in something that is not ready and working yet you are not making a smart investment. So yeah onG looks good to me as well

Appreciate that! Our ICO is about to launch at https://onGcoin.io