How Can I Prevent Scams in IDO Development?

submitted 1 year ago by auroragrace to cryptocurrency

To prevent scams in IDO development, conduct thorough due diligence on all project partners, team members, and advisors. Use secure and transparent smart contracts. Communicate project progress openly and honestly with the community. Implement strict KYC/AML processes for participants, and be cautious about deals that seem too good to be true.

source: https://www.blockchainappfactory.com/initial-dex-offering-service