What is an ICO (Initial Coin Offering)?
1) Read up on the ICO as much as possible Check the ICO’s website, read the whitepaper, browse through their team page (the most important!) and even check their social networking pages and channels. Beware If- • The website looks unprofessional or looks like it was done in a hurry. Scammers only have time to steal money, while some might try to con their projects away by looking at every detail as possible so keep a watchful eye. • Staff breakdown of founders, developers, and advisors look fictitious (Try to connect with any of the staff and understand the project from them, with social media it has become more accessible!) If the contacted person has no idea about the ICO, take a million steps away from the ICO. • A fake ICO might use celebrities to attract your attention, don’t let a celebrity endorsement whether real (Could be a paid promotion with celebrities agreeing to without knowledge) or fake draw you into something you’ll regret later. • Visit their discord, slack and t...