Q. How to Identify ICO Scams?
Anonymous
How to Identify ICO Scams?
How to Identify Cryptocurrency and ICO Scams
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ICOICO is a means of raising millions in seconds. Initial coin offering (ICO) is one of the biggest trends in cryptocurrency at present. In ICO new cryptocurrency is exchanged against Bitcoin or Ethereum. ICO is a new wave of fund raising, while it sounds cool, it might also involve some risks. In most recent times, ICO has acquired eminence as a favoured way to launch a new cryptocurrency.
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The rational reasons for an answer being dropped can be any one or more among the following:
1. The answer that has manifold linguistic errors and it fails to reflect a sensible meaning.
2. Being too short; the answer which could not provide an explanation, if it is either too short or contains just images/links that are not self-explanatory.
3. The content of the answer not being relatable to the question asked.
4. It containing information/message that is in any manner disrespectful or offending a person, community, belief or religion.