About Scam

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About Scam
asked
How can you know scam site before you invest your money?

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1
answered
here on how blockchain is disrupting the financial sector. Same goes for beer and related food industry, which comes under being able to optimize the process and making supply chains more transparent. Some usecases are detailed over here.

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Hi Joel!

Due diligence is the key. You need to dig into the company and its founders to understand what people are backing up the project. Unlike established companies, you need to conduct qualitative analysis to determine the reliability of the project delivery based on past projects and involvement by the team, reading up their whitepapers and joining communities on spaces such as reddit to discuss about it. It is best to look up founder history to see how well they have fared previously in their commitment to deliver.

If you are looking to invest in ICOs specifically, you can check out our article on how to avoid ICO scams here.

@Kelvin Sinkamba

Hi Kevin.

Blockchain has been proven to be quite effective in both the industry. For starters, in Financial services, it can assist in faster settlements and more liquidity to global assets. You can check out some usecases over here on how blockchain is disrupting the financial sector.

Same goes for beer and related food industry, which comes under being able to optimize the process and making supply chains more transparent. Some usecases are detailed over here.

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