ICO isn't always gains and pretty. SCAMbugs are everywhere!

[giil]

99% of today coins are shitcoins,

only 1% will last through the test of time

and 85% of them are SCAMS!

BEWARE!

Prodeum ICO

Prodeum ICO, which raised 5400ETH, left this message for investors. Prodeum means on the side of God, which begs the question, what just got financed?

Confido ICO

https://www.cnbc.com/2017/11/21/confido-ico-exit-scam-founders-run-away-with-375k.html

Bitconnect

https://cointelegraph.com/news/investors-file-class-action-lawsuit-against-bitconnect-following-its-shutdown

Benebit ICO

https://bitcoinexchangeguide.com/benebit-pulls-an-exit-scam-disappearing-with-3-million-in-ico-funds/

So how do we avoid these scams?

Simple, by doing your homework.

Comments

[chasegapo]

Preach it.

But for real. Do your own research.

Don't be blinded by profits or tricked by fools.