There are lots of ICO in the Crypto market. From a statistics, it has been found 1000 of ICO was SCAM in 2018. Bounty hunter has wasted their time and investor have lost their money. But on the other hand 100-200, ICO was successful.

So, how to identify SCAM ICO?

From my personal view and experience, I think a good ICO should have the following requirement:

• Good detailed Whitepaper.

• Legal documents(for example: Registration under Estonia law, SEC, Chamber of Commerce etc)

• Good Team member with reputation.

• Good advisors with reputation.

• Good working product

• Background of the company(optional)

etc.

So, If anyone doesn't follow these requirements, they become SCAMMED.

source

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