Protect Your Investments: 4-Step Scam Detection Guide

Stay safe from crypto scams with these essential checks:

1. Research Thoroughly

Verify the project's legitimacy through:

- Working product (alpha, beta, or test version)

- Real-world evidence and use cases

Example: Grass, a blockchain-based protocol, offered a testable system.

1. Know the Team

Doxxed teams (publicly identifiable) are more trustworthy:

- Verify experience and credentials

- Undoxxed teams may raise doubts, especially with other red flags

1. Watch for Unrealistic Promises

Beware of:

- "Next 100x gem" or "Limited-time offer" hype

- Unrealistic profit promises

1. Evaluate Contributions

Legitimate projects:

- Control investments for even distribution

- Set reasonable contribution limits

Red flags:

- Unlimited contributions

- High limits per person

Stay vigilant and protect your investments:

Research thoroughly

Verify team credentials

Be cautious of unrealistic promises

Evaluate contribution structures

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