How to Avoid ICO Scams

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It’s hard to browse the Internet these days without running into one of the ever-present ICO scams. Sellers say they are introducing a new cryptocurrency, usually compare it to Bitcoin or Ethereum, and proceed to lure “investors” who want to get in on a ground-floor opportunity and possibly make a financial killing in a short amount of time. More than 99 percent of all ICOs will fail. In fact, that number is actually closer to 99.9 percent. It’s all smoke and mirrors. About 50 ICOs currently crop on online each…

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