How to Spot Fake web3 scams?

andylamgot
iHashing
Published in
1 min readMay 2, 2024

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9 Characteristics of fake web3 scams and Real Green Web3 stacks on Signum with Sigdao

How to Spot Fake web3 scams?

9 Characteristics:
- No passphrase generation
- No wallet connect but email login
- No nodes selection
- No explorer to check verified smart contract and tx
- NOT opensourced!
- Unrealistic influencer(kol) promotion
- No workable product
- No community engagement
- Copycats, fomo pump n dump.

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Real #Web3 stacks:

- Blockchain network
- Blockchain development environment
- File storage
- P2P Databases
- API (Indexing & querying)
- Identity
- Client (frameworks and libraries)
- Other protocols

如何識別假web3 去中心化項目?

假 web3 項目的 9 個特徵
- 無生成密碼私匙
- 沒有錢包連接,卻電子郵件登錄
- 無節點選擇
- 沒有瀏覽網站來檢查智能合約和交易
- 編碼不開源!
- 不切實際的網紅推廣
- 沒有可運作產品
- 沒有社區參與
- 抄襲者,炒幣者

真正的#Web3技術堆疊:
- 區塊鏈網絡
- 區塊鏈開發環境
- 文件存儲
- P2P資料庫
- API(索引和查詢)
- 身分
- 客戶端(框架和函式庫)
- 其他協議

🚀 May the SIGNUM be with you, always! 🚀🌕🌕🌕
💬 SIGNUM Discord:https://discord.gg/6QWU7cj6qe
#signumNetwork #signa #blockchain #web3 #smartContracts #nft #dApp

SIGDAO — Together we build web3 dAPP greener & better! JOIN US! https://sigdao.io
💬 SIGDAO Discord:https://discord.gg/BF8NjfEd4Y
#dApp #DAO #web3 #sigdao_io #bettermi_io #ihashing

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andylamgot
iHashing

🔥Innopreneur👨‍💻dApper 🛒growthHacker 🪬Creator 🚀Instructor 🌕ihashing.hk | bettermi.io | sigdao.io | Signum.network 🗡️lonely9swords 🇭🇲GTI nominator