“Hello friend. I am the founder of ShitCoinXtreme[SCX]. I have an exclusive deal for you. Big discount in pre-ICO. So exclusive, many use-cases. You buy, yes?”
One aspect of due diligence is checking for scams. These are some tips for people new to this. This will be basic stuff to some of you.
1) Find the team on LinkedIn/Twitter
Does the site claim a developer has 8 years experience but their LinkedIn profile was created 1 month ago? How many connections do they have? Expect hundreds if they are genuine.
2) Twitter Audit
Don’t expect to see 100% real followers on any large Twitter profile but be suspicious if the % is very low.
Audit your Twitter followers. How many of your followers are real?www.twitteraudit.com
3) Check if profile pictures are stolen
In Chrome you can right-click an image and search it in Google. From the results page see if you can find any other profiles which use different names.
Example: A scammer made this profile: https://www.linkedin.com/in/nidhi-joshi-19b529141/
If we search the image:
We see pages that contain the image
We just found the real person the scammer stole the photo from (an older profile with more connections).
4) Domain check
- Check the site creation date: http://whois.domaintools.com/
- Check archived versions of the page: https://web.archive.org
- What technology is used on the website?: https://builtwith.com/
Interpreting these is not so straight-forward but might provide clues.
5) Plagiarism check
Is the whitepaper copied from somewhere? There are lots of tools for this.
Advanced plagiarism checker with many professional features. Our proprietary algorithms detect plagiarism better than…www.quetext.com
6) Before buying: Video evidence that the person(s) exists
Nothing beats this.
I learned some of these tricks from Noclue, Bronson, & VerthagOG
My Telegram: @Siegfried_JW