It has never been easier to get information on upcoming blockchain projects and cryptocurrencies. You can spend hours going through token sale calendars, checking subreddits, watching YouTube videos, joining Telegram groups, and searching through Twitter to find promising projects. The ease of information comes at price, though. It is becoming increasingly hard to identify false information. Creating fake accounts associated with official projects is too easy. Therefore, it’s important for you to be aware of how to spot fake information. We’d like to give you a few tools so you can better verify information.

Confirm announcements across multiple known social channels.

One of the best ways to make sure an announcement or a piece of information is true is to check and compare it across a company’s known social channels: their website, Slack, Telegram, Discord, Twitter, Medium, Reddit or any other social platform they may be using. Here at Keep, when we make an announcement we post across all of our social channels around the same time.

We also have links to all of official social platforms on most of our channels so our members can know where to cross-reference. This is especially critical around the time a company is going to launch their token sale. Please note: here at Keep we have not announced a token sale or air drop of any kind. However, we know that people are trying to scam our supporters and some have released false information. The best thing you can do to protect yourself is confirm from multiple social channels.

If you cannot find a concrete answer to a question never hesitate to reach out to a community manager or team member to confirm if something is true before taking action. That is why we are here!

Another system we use to verify all of our individual identities across social platforms is Keybase.

If you go to our website, you can check our Keybase profiles. This will help you to verify that we are who we say we are on Twitter, Reddit, and Github. You can also start a secure, encrypted chat with me or anyone who has a Keybase profile.

The more teams that use Keybase to verify their individual identities, the safer we will be from potential scammers. If an individual is not on Keybase, a good tip is to dig through their history and use your own personal discretion to decide the validity of what they are saying.

Never FOMO (Fear Of Missing Out)!

One of the great weapons a scammer has against someone is to create the illusion that they are going to miss out on an opportunity.

The team at Keep will ensure that there will be no rush or race. We will release all information with plenty of time for you to react, ask questions, and securely take action.

Scammers will use your emotions against you in hopes that you will not thoroughly think through a situation. If you are ever asked to act in a fast or hasty manner, this should be the first clue to that something is not right. It’s also important to judge whether or not an action makes sense for the company. For example, Enigma fell victim to a hostile takeover of their Slack, website, and their mailing list. Members lost around $500,000 worth of Ether. This scam was harder to detect because the hackers were able to take over their social platforms. However, there were few clues that should have saved you from contributing.