How to find profitable ICO project from thousands of 'scams'?
ICO projects аrе being created almost everyday and by everybody. There are more than 500,000 of them now! But half of them is а simple money making from the investors. Some projects offer really interesting ideas that could be used in everyday life but they are not secure from frauders who hack the codes of icos' smart contracts and withdraw all funds to their wallets.
Scam project. Are they everywhere?
Yes.
It would be possible to finish this subsection this way. Hype around the project is not proof of its work. The growing price of the token can be worthless information while it is not listed on the exchange. Is the token on the exchange? There is no guarantee that it will grow. You can check some ICOs on sites like icobench but the rating there is not proof of success. Even if everything looks promising there is no guarantees that the project will not be hacked.
In my opinion, the best way is not to look for a project for investment but to create one. It's easy to do even for technically unskilled people because there are many platforms where you can do this simply by filling in ready-made forms.
From this great number of offers I trust MyWish. It's a project that has successfully completed ICO and continue its development. These guys have created a unique Joule system thanks to which scammers will not be able to hack smart contract created on this platform. This is a new level of quality and I think it's important that a lot of traders/people who are keen on crypto/beginners or even celebrities will know more about this product.
Links to
20% discount and promo-code on the creating of smart contract with MyWish..