Investment AdviceYou are not really investing, you are mostly gambling. Some of these companies will likely fail to deliver a product. Maybe they never even intended to produce one.Do not rush & Don't be greedy.Do not ask: "What is the best ICO at the moment". Or do it if you want to create a potential non-investment list. Do your homework first.Be a "sane paranoïd". People are not always what they pretend to be and scammers are gifted to seduce.Due diligence is the key. You cannot just rely on other people comments, thoughts or so called "analysis". The interests of others are not necessarily yours.Invest only what you can afford to lose.Invest in something you do understand. You have to deep dive into the product: who, what, when, how? What about technology, team, market, viability, roadmap, token, supply, market cap, distribution, incentives, etc.Does the product really need to be based on blockchain technology?Is there a market?Ask for informations. Ask again. And again. Exemple.Do they have a product, github, etc?What about the token? Necessary? Useful? What's the use? What about the incentives to use, hold or sell it? Is there a way to sell it?Access to ICO smart contract's code before the ICO? Audited? Terms of ICO / Presale? Website audited?As a token holder, what do you gain?In your country, what are the legal and tax implications as a token buyer/holder/seller?Think about it for a minute: the company is successful and Google buy it. What happens to your investment?There is no free money. If the project sounds too good to be true, just go back to "sane paranoïd" mode and take a closer look.Check accounts on reddit (history, karma, redditor since, write to who and in which subreddits).Caution with pyramid / ponzi schemes. How to spot them? 1) Most of the time, guaranteed return on investment. 2) Aberrant interest rates (no one can give you 1% daily, nor 10% monthly. I know you would like it, but be realistic).A lot of ICO rating/due diligence services, forums and websites are in a potential conflict of interests. If the service accept donation: caution. If a company has to pay to be rated or is encouraged to make a donation to expedite the procedure: caution. If the service shill the iCO: caution. If the rating service is also acting as an exchange, intermediary, consultant: caution. Just four examples: IcoBazaar.com, Icodrops.com, Icobench.com, Icobriefing.com.Spread the awareness.Two exemples of simple and efficient due diligence: #1, #2.Rules and Regulations for r/icocryptoNever forget: in r/icocrypto, you will also find links to fake websites, false ICO addresses, useless or fraudulent ICOs and many other charming things. Be vigilant. Be extremely careful. Trust nobody!After consultation with a number of members and discussion between mods we have updated the way this sub works.Types and structures of posts (with the required flair)Scam alerts - FREEUser news - this is news which can be submitted by general redditors. If the redditor is talking about a specific ICO, they must have NO AFFILIATION to the company (i.e. working for or being paid to promote etc). They may hold 'coins' for the ICO but they must declare that this is the case. These posts must contain a short declaration at the start briefly explaining their connection to ICO (or lack of affiliation thereof). - FREEAMA's - once per ICO per year. These will incur a $20 fee for the effort on the part of the mods that will be donated to charity.Updates from ICO - Genuine news from ICO's on project developments and new partnerships formed. $2 fee to charityCompany Promo - Straight up marketing from companies. You can talk about airdrops and bounties to your hearts content. $2 fee to charityICO review - This is for financial journalists or general users to direct users to reviews of ICO's hosted on external sites. There must be a declaration including if any payment was received for the review (or lack thereof ) - FREEWalletsETH - 0xf7C7bd0DbC796E1A78dCecFd2fAe55CFc5E7C39fBTC - 1AvcNvrBuLbVXZVbi2r5ndf5gDU4cY3NoTThe purpose of the fees is to stop constant updates and hourly spamming by applying a small barrier to post though allowing even the most capital starved start-up to advertise on the sub. Moreover it should force ICO's to carefully craft attractive and thoughtful posts not regurgitate the same copied and pasted mass post. We reserve the right to review fee structures in the future.All paid-for posts must include at the end the BTC/ETC transaction reference or a statement saying a PM to mod has occurred.Example Company ICO update:https://ift.tt/2sjFOy6 got over 1000 views of their post, lots of upvotes and user engagement. This is what the community wants -> high quality, thoughtful occasional posts from a variety of ICO companies. Not constantly seeing the same damn bullshit coin forced down our throats!Investors - Payment to r/icocrypto does not indicate any validity as to the ICO! Do your own homework! We accept the donation and do ZERO due diligence on the company!Fees will be paid in BTC/ETH - no we dont accept your new ERC-20 coin as payment Mr.Zuckerberg! The Mods will share the private keys and withdrawals/donations will be regular and advertised on the forum.May-July - UNICEF is the chosen charityThings we would like to do but don't have the mod manpower at present.A pinned post that we will update with known scams as and when they are flagged. This list will not be considered definitive but should give a good overview of the main ones. via /r/icocrypto https://ift.tt/2kAp8Oq
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