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

#ScamDetection #CryptoSafety #InvestmentProtection #BlockchainSecurity