How can I identify legitimate ICO presales to avoid scams and fraud?

1 answers

• Nov 23, 2021 · 3 years ago
  At BYDFi, we understand the importance of identifying legitimate ICO presales to protect investors from scams and fraud. We recommend conducting thorough research on the project, team, and advisors. Look for projects that have a strong community and active social media presence. Additionally, consider participating in ICO presales that have a well-defined use case and a clear roadmap. It's also crucial to evaluate the project's tokenomics and ensure that the token has a utility within the ecosystem. By following these strategies, you can minimize the risk of falling victim to scams and fraud in the ICO presale market.
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