3 min read

Despite what many believe the cryptocurrency community to be in ‘Winter ICO season’ AKA hardly any successful or worthwile ICOs currently available- besides a select few- that has not stopped scam ICO projects still popping up hoping to dupe unfortunate investors out of their cash.

The team over at ICOnow has compiled a list of such scam ICOs, raising awareness for individuals to stay clear of these projects.

Some of these include:

Seeflast ICO

The project claims to be “the first decentralized platform based on Sustainable systems to connecting content creator video and Investors companies.” The ICO further adds, “where everything is profitable, especially video content creators, they will get advertisements at the same price even though they are of different national origin, so they look fair. Likewise, investors can hold the SFT token until the price rises as desired. so all win to win according to the SEEFLAST ICO platform’s vision and mission.”

As one can see not very good English grammar, but more importantly, the team photos are stock pictures from Unsplash.

The links to the photos can be found here:

Links 1/2/3

Xtripple ICO

The ICO writes:

“Xtripple ICO Coin is an ERC 20 token built on Ethereum blockchain with total supply 1 million tokens , this token will be used to invest in Xtripple ICO compensation plan revolves around affiliates purchasing matrix positions in five offered matrix levels. The Xtripple ICO compensation plan revolves around affiliates purchasing matrix positions in five offered matrix levels.”

However, the team has fake photos sourced externally, no valid social media accounts and looks like a pyramid scheme.

These are just a couple of the scams criminals are trying to execute, and as always community members are advised to be particularly vigilant against such schemes.

Source