Three ways to Spot An ICO Scam
Everything about the cryptocurrency world should be researched thoroughly before making your first move of investment. ICO is not an exception to this as it has been spotted as one the High-risk investment an investor can ever make.
An ICO or Initial fund offering can be seen as a means of fundraising to a project where investors are given a particular percentage once that innovation is pulled.
Generally, In ICO, each ICO participant receive an amount of “utility Tokens” in exchange for their investment and on a general note receives no dividends, nor have any means of ownership or voting rights for the company or the project in particular.
This is the sole reason why it is seen as a “Very high risk” investment.
