How to recognize scam ICO?

Today, the market of primary placement of coins is extremely popular, many companies come up with new tokens and sell them. But among them there were scammers, so it was very difficult to recognize the ICO scam.

To make you believe in the future of ICO (without noticing the benches) and invested in it your money, scams are just five steps. Now imagine yourself in the place of scammers.

We tell how to create a dummy ICO.

Step 1: Think of a name

As in any other sphere, the name should be simple, but at the same time memorable. If you make it right, it will sell itself. But do not use the name of the token - it's too beat.

Example: BARDO

Bardo (བར་ དོ་ Wylie: bar do) is a Tibetan word that simply means "transition" or the gap between the completion of one situation and the beginning of another, literally "intermediate state".

Think of a logo, it should also be simple. Do not invent fancy characters.

And, finally, the name for the tokens. Let it be, for example, eONS.

Step 2: Create a mythical team

As the former head of Microsoft, Steve Ballmer, developers, developers and developers once again said.

You need to show people who are supposed to stand for a change of the world for the better. Go to the uifaces.com portal, select the suitable people (it is desirable that their names are hard to find in Google), and come up with stunning characteristics for everyone. For example, they worked for decades to decentralize the resources of Antarctica. Or that thanks to them, albatrosses no longer get stuck in fishing nets. In general, anything - that's enough for fantasy.

So, the development team is almost ready. For the full picture, add one girl.

Now you need a cool background, perhaps with some graphic patterns or in the theme of space. As if you are conquering the moon. This is incomparable!

And, of course, you should not forget about the icons for the site.

Step 3: Buy multiple accounts on Bitcointalk

Bitcointalk is one of the most popular international forums dedicated to crypto-currencies. About him I know almost all developers, investors and enthusiasts. In addition, almost all major projects are announced first there. You can actually buy accounts on Bitcointalk. They are valued, because with their help you can vote in various campaigns and earn bitcoins with the help of activity on the forum.

You will need to buy four or five regular accounts and one advanced with a mark of Sr or Hero (they cost a little more expensive). On behalf of the latter you will write the very announcement of ICO, and the rest will comment, supporting interest in the post.

All this will cost you 0.5-0.8 BTC - depending on the quality of the accounts (the number of messages and the degree of user confidence).

Step 4: Create an Advertisement

Make the description as complex as possible, using words like: a token, a block, a platform, an intermediary, assets, etc. Create a new security protocol. To date, the most popular are Proof Of Work and Proof Of Stake.

Include fantasy and come up with, for example, Proof of Incarnation. It sounds great and unusual. An example of such advertising:

BARDO is a new revolutionary project for the development of digital products and services on a decentralized platform. Thanks to the innovative Proof Of Incarnation protocol, Crowdsdale BARDO is the best opportunity in your life to become a part of the future of blocking technology. Get your eONS tokens right now!
Step 5: Launch the site

Make pictures that you can use in the announcement. A great idea will be the purchase of the domain bardo. Io. You do not need to create a site from scratch. Simply add a countdown clock widget, a subscription / registration button, and an address to collect Ether and BTC.

Do not forget to update the report on the amount collected daily so that users can see how many people invest in you.

Done!