thanks @moonjelly
For many ICOs the single biggest problem is governance, or a lack of it, closely followed by clarity of how the founders’ feet will be held to the fire to ensure they deliver what was promised for investors. Happy that Tezos Foundation was not in my ICO's portfolio

Just found this article couple of our ago that is also stating similar points:
https://api.cointelegraph.com/amp/v1/news/what-lessons-can-be-learnt-from-tezos-ico-debacle?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_recent_activity_details_shares%3B48ioJjbQSqe%2BHQ4zqWzxlg%3D%3D

Hello, write slightly off topic, but still. We are Araneobit - money transfer system based on the blockchain. The Commission for money transfer is set independently. 
You can invest money

Funny how now the ICO bubble is going like crazy :P

Check out my blog on Scams: https://steemit.com/bitcoin/@avva/green-eggs-and-scams-the-word-the-form-and-the-nature

to create a scam i think it is much easier than you describe, you can ask fpr private key

Great post on ICO SCAMS

this was hilarious yet somewhat true.

ICO bubble Madness: Addy Crezee #BlockShow #BlockiTalki
https://youtu.be/YgjtT1rlkRY

damn this ones good! :'D

A Scan For Scam: Beware of the World of Battles ICO

Recently, there have been a lot of messages about World of Battles being a scam scheme. Coinidol has previously published an articleon their project. They promised 37% annual growth and a $2 billion market cap in 2018. Doesn’t seem like a fairytale, does it? Besides, the e-Sports industry is rapidly developing, so why not indeed? 
However, recently, the web exploded with angry messages about the project being a scam. Some links didn’t work, there were no tokens distributed so far, no verified source code, and the address they use is a regular wallet, not a smart contract. 

Read the full article: https://coinidol.com/scan-for-scam-keep-money-safe-investing-in-ico/

It's a pity  today there are so many scammers. We are doing everything possible to make our ICO project the strongest, popular, intersting, without a drop of doubt in our truthfulness!

Most of the ICO's these days are like that. Don't forget the fake TG members - bots.

this is the sad truth, but yet people will always fall for things like this. People will still buy in, create hype, but the market will always find its true value.

bottom line,
if you make money = legit coin
if you lose money = scam coin

Great Post! I used it to help identify this one as a scam. Here is a textbook example of a SCAM AIOS All in One Social Network.  https://steemit.com/blog/@adsactly/aios-all-in-one-social-secure-and-private-decentralized-social-network
![](https://steemitimages.com/DQmcLMFiDWd6BTvTThFgsXFBWZMuyxT5LKa6hKjiNmDq7jz/image.png)

Great Article. It had an impact. After I read you article.... well I exposed one. https://steemit.com/ico/@cryptick/6-things-i-learned-exposing-the-aios-ico-fraud

SPECIAL LENDING WEEK!!! FIXED INTEREST RATES during the first 7 days!!![Loopx.jpg](https://steemitimages.com/DQmdv8r7D8qE79DPhD3Uh5rYQuaTmaqp7sMhN4w19vgJCM2/Loopx.jpg)!
LoopX is building up its community now!

Pay out intrest during 30 days lending are in BTC.

Sing up https://www.loopx.io/?r=1742198

Where I can buy these eONS ????

Fact assault

A post before it's time, ICOs are crazy now lol.

A lot about this is branding and using a fancy website and using facebook to make some advertisements and hype it up with some fake news like, 500% rice in price in 7 days!

This is really an interesting topic and insightful this is very important to take note and action

this is gold - i like your tech knowledge and sense of humour too -- are you Australian ? i follow you now and am glad i found this blog -Keep rockin -David

This would be a valid critique except you forgot to add step 6: get coin listed on poloniex and pump it up with fake news written by bitcoin news media shills everyone thinks are actual reporters.

and Step 7: Dump coins until the trading volume is non-existent, then slowly accumulate, then return to step 6.

If Step 6 does not work, you need to return to Step 1 and start over.

That was a fun read! Crazy thing is some people have really done this and raised millions

It is a really nice post.
It was ten month ago but it is still the same today, and it becomes more and more difficult to trust a new project.

Bardos, you can take my money to buy your yacht. I'm totally sold.

why not do it legitimately ? it's hard work to me.

On steem?

Self proclaimed community watchdogs are actually hacking and stalking people.

This group https://steemit.com/@steemspeak is ran by https://steemit.com/@fyrstikken, They are hacking people that enter this discord server https://discordapp.com/invite/sqxV63P . Once you are hacked they profile you long enough to know all of your activities. They introduce workplace gangstalking visits and bring it to your attention cleverly and discretly so only you get it. They are very covert and tricky with everthing they say and do in this server. Some claim to have worked for or are working with the FBI and the NSA. Mixed with decomisioned traders and coding criminals, Its a scary mix of creepy people and thier intent is to drive you crazy and deplete everything you have ever aquired in life, even your freedom. 

My hacking started with them introducing ransomeware that has options, dump my coin or delete my system drive. They acnowledged this to me in the server as it happened.

This hacking and stalking is done so they can manipulate the target to pump and dump for them. Threating and Making victims wear head phones, so nobody in your household can hear thier dramitization towards you. In 2017 this server was sidemarked as a drama show for entertainment purposes only as en excuse to say whatever they want all the way down to killing a politician. They have a server side command called "hey asshole" making a promt come up instructing everyone to wear headphones. They want everyone wearing headphones so nobody in your vicinity can hear them mess with you. Fystikken says its because of "mic feedback" but once your a target you get exactly why they make eveyone wear headphones.

With headphones on they subliminally direct victims with very low suggestive whispers mixed into their radio shows music. Combine this with them being able to manipulate their own individual outputs sound volume, which they control on the server side, they can pick what individual people hear and what at any given time. They decide who you hear on the server and change the volume controls for them. They can make some really low or off for those trying to investigate. They control who hears what and know who is who.

This team will find absolutely everything they can about you prior to using thier sugjestive and threatning program. They Introduce pictures that mean something only to the target, inducing paranoia while they watch and listen thru all of your circumvented devices. They are very aware of what makes you tick. They know your work schedule and use it for work stalking along side of this. I received multiple threating letters to my work and home addressed to my screen name from this group.

Fyrstikken tells people to sell their houses to buy crypto then dumps it on them. He has done many pump and dump scams. Quatloo being one of the first I witnessed and was done multiple times thru 2016 and 2017 them. It should be investigated for fraud. https://bitcointalk.org/index.php?topic=655793.0

Where can I invest in Bardo? nsounds great

Take a bow! That is some beautiful, beautiful stuff! Accurate as hell. Practically a time machine to 2017:) I'd also throw in a couple of 'advisors' with real faces and some experience and not too high self-esteem, who'd be working hard alongside the honorable ‘team’.

It's the ICO season. This post should be pumped to awareness! People think that just looking at a page of an ICO will tell them if it's a scam. But the truth is that if you don't search the team, you will get scammed.. and sometimes even though you search the team that may happen.
Thank you, I will follow you. <3

Great post! ICO not scam. Contact us and we will give you individual customized solution for your business requirements at hello@icoclone.com 

Read more article >>> <a href="https://www.icoclone.com/blog/how-to-create-an-ico-token/
![](https://cdn.steemitimages.com/DQmYKL9gwM14CMQhpE6jvVStAyv2n4aUrhVJFe7yZT8evyJ/image.png)">How to create an ICO</a>

Ha ha, brilliant... I'm almost left with a 'when does the BARDO ICO start' kinda feeling....

This is hilariously accurate, A+

Whahaha.. LOL this is really a good one...  and an eyeopener, maybe i trusted some to quick. Great post!