SlideShare uma empresa Scribd logo
1 de 29
How to Discern Amongst Shit Coins,
Legit Coins And Scam Coins
19th May 2018
By Soh Wan Wei, Founder of
www.IKIGUIDE.com
Agenda
● Who is Wan Wei
● Why Blockchain Companies Hire Wan Wei
● What Is A Shit Coin/ Legit Coin/ Scam Coin?
● What is Due Diligence? Do At Least These 3 Steps
● FUD- Fear, Uncertainty, Doubt, aka “FAKE NEWS”!
● Conclusion: How Can We Discern Shit Coins, Legit Coins
and Scam Coins?
Who is Wan Wei?
● BSc (Hons) from NUS in Economics, MSc in Public Relations from Aalto
University, School of Business, Finland
● First Singaporean to head a Finland-100 National Project endorsed by
Finnish Prime Minister Office
● Interviewed over 100 C-Level Executives, politicians, entrepreneurs
● 2 years working experience in Singapore, Europe and Japan in Branding/ PR
● Personal branding expert
● Concurrently doing PR for Katalyst Blockchain/ KatalystCoin
● Founder of IKIGUIDE!
What Is Public
Relations?
“Public Relations” is defined as...
“Gaining the goodwill of the public,
subjected to legal, moral and ethical
considerations”
Why Do Blockchain
Companies Hire Wan
Wei?
● Most people don’t buy based on technical understanding
● Most people buy because they feel or resonate with something
● ICO projects require outreach for mass adoption of the coins
● In an increasingly crowded crypto-space, blockchain
companies require strategic storytelling to stand out
● Value of 1 Earned Media = Value of 3 Paid Media
● Good PR has direct impact on coin prices
Why Do Blockchain Companies Hire PR
Practitioners?
What Is A Shit/ Legit/ Scam
Coin?
A Shit Coin is defined as...
“A coin with no use case”
A Legit Coin is defined as...
“A coin with good tokenomics”;
or simply--
“A coin with a lot of use cases”
A Scam Coin is defined as...
“A coin that is
misrepresented”
Practice Time!
Shit coin/ Legit Coin/ Scam Coin?
https://uetoken.com/
Shit coin/ Legit Coin/ Scam Coin?
https://www.stellar.org/
Shit coin/ Legit Coin/ Scam Coin?
https://bitconnect.co/
What is “Due Dilligence”? 3 Must-Dos
At Least Look At The...
● Use Cases
● Business Model
● Team and Track Record
How To Spot FAKE NEWS! (We call it FUD)
Be Clear:
● Verifiable vs Not Verifiable
● Which Media Can You Trust?
● Trading/ speculation involves NO EMOTIONS!
● FOMO: Are you buying this coin because it
seems that everyone else is buying it?
Practice Time!
“Is this FUD”?
From The Wall Street Journal:
This Piece of News Resulted in MORE NEWS--
CNBC
So...
“Is this FUD”?
YES--The News From WSJ Is FUD!
How To Spot FAKE NEWS! (We call it FUD)
Be clear:
● Verifiable vs Not Verifiable
● Trading/ speculation involve NO EMOTIONS!
● FOMO: Are you buying this coin because it
seems that everyone else is buying it?
Are All Media Portals
Reliable?
Note The Disclaimers, Especially for Paid Press
Releases:
Note The Disclaimers, Especially for Paid Press
Releases:
Note The Disclaimers, Especially for Paid Press
Releases:
Conclusion: How To Discern Shit Coins, Scam
Coins And Legit Coins?
● Look at use cases, business model, team and track record.
● If a piece of news/ information makes you feel emotional,
ask WHO wrote it and why.
● When in doubt, ask the experts at Numoney or reach out
to IKIGUIDE!
Thank You For Your Time
Today! Let’s Stay In Touch!
www.fb.com/ikiguide

Mais conteúdo relacionado

Semelhante a How to spot shit, scam and legit coins

Trying To Find the Best Canadian Crypto Brokerage? Let’s Learn About It In De...
Trying To Find the Best Canadian Crypto Brokerage? Let’s Learn About It In De...Trying To Find the Best Canadian Crypto Brokerage? Let’s Learn About It In De...
Trying To Find the Best Canadian Crypto Brokerage? Let’s Learn About It In De...Bitcoin Wallet Canada
 
How to Research new Cryptocurrencies - Checklist Questions
How to Research new Cryptocurrencies  - Checklist QuestionsHow to Research new Cryptocurrencies  - Checklist Questions
How to Research new Cryptocurrencies - Checklist QuestionsJared Broker
 
Entrepreneurship & Fundraising
Entrepreneurship & FundraisingEntrepreneurship & Fundraising
Entrepreneurship & FundraisingAriel Poler
 
Nick Bilogorskiy. How to exit BIG
Nick Bilogorskiy. How to exit BIGNick Bilogorskiy. How to exit BIG
Nick Bilogorskiy. How to exit BIGIT Arena
 
The Investor's Solution: Stock Market Wealth Creation Simplified
The Investor's Solution: Stock Market Wealth Creation SimplifiedThe Investor's Solution: Stock Market Wealth Creation Simplified
The Investor's Solution: Stock Market Wealth Creation SimplifiedLucky Gods
 
Careers in Systematic Investing: Advice and Perspective at the End by Matthew...
Careers in Systematic Investing: Advice and Perspective at the End by Matthew...Careers in Systematic Investing: Advice and Perspective at the End by Matthew...
Careers in Systematic Investing: Advice and Perspective at the End by Matthew...Quantopian
 
Belgian Advertising School Workshop
Belgian Advertising School WorkshopBelgian Advertising School Workshop
Belgian Advertising School WorkshopInSites on Stage
 
Bitcoin: Busienss and Technology Robot Overview
Bitcoin: Busienss and Technology Robot OverviewBitcoin: Busienss and Technology Robot Overview
Bitcoin: Busienss and Technology Robot OverviewValue Amplify Consulting
 
44344675 trade-fraud-financial-fraud-and-the-joker-broker-by-kj-southall
44344675 trade-fraud-financial-fraud-and-the-joker-broker-by-kj-southall44344675 trade-fraud-financial-fraud-and-the-joker-broker-by-kj-southall
44344675 trade-fraud-financial-fraud-and-the-joker-broker-by-kj-southallBeniaminKohan
 
How to Research the Teams Behind a Cryptocurrency
How to Research the Teams Behind a CryptocurrencyHow to Research the Teams Behind a Cryptocurrency
How to Research the Teams Behind a CryptocurrencyJared Broker
 
One coin prospect presentation powerpoint
One coin prospect presentation powerpointOne coin prospect presentation powerpoint
One coin prospect presentation powerpointSalvador Trasmonte
 
Smart ways to analyze Crypto Token before investing in it
Smart ways to analyze Crypto Token before investing in itSmart ways to analyze Crypto Token before investing in it
Smart ways to analyze Crypto Token before investing in itKelghe D'cruz
 
What is an Initial Coin Offering.pdf
What is an Initial Coin Offering.pdfWhat is an Initial Coin Offering.pdf
What is an Initial Coin Offering.pdfDennisLoos8
 
What great entrepreneurs have in common by Ariel Poler at Vator Splash Oakland
What great entrepreneurs have in common by  Ariel Poler at Vator Splash OaklandWhat great entrepreneurs have in common by  Ariel Poler at Vator Splash Oakland
What great entrepreneurs have in common by Ariel Poler at Vator Splash OaklandVator
 
Joan herbigpresentation07.01.10
Joan herbigpresentation07.01.10Joan herbigpresentation07.01.10
Joan herbigpresentation07.01.10Melanie Brandt
 
One coin prospect presentation powerpoint
One coin prospect presentation powerpointOne coin prospect presentation powerpoint
One coin prospect presentation powerpointSalvador Trasmonte
 

Semelhante a How to spot shit, scam and legit coins (20)

Trying To Find the Best Canadian Crypto Brokerage? Let’s Learn About It In De...
Trying To Find the Best Canadian Crypto Brokerage? Let’s Learn About It In De...Trying To Find the Best Canadian Crypto Brokerage? Let’s Learn About It In De...
Trying To Find the Best Canadian Crypto Brokerage? Let’s Learn About It In De...
 
How to Research new Cryptocurrencies - Checklist Questions
How to Research new Cryptocurrencies  - Checklist QuestionsHow to Research new Cryptocurrencies  - Checklist Questions
How to Research new Cryptocurrencies - Checklist Questions
 
Entrepreneurship & Fundraising
Entrepreneurship & FundraisingEntrepreneurship & Fundraising
Entrepreneurship & Fundraising
 
Nick Bilogorskiy. How to exit BIG
Nick Bilogorskiy. How to exit BIGNick Bilogorskiy. How to exit BIG
Nick Bilogorskiy. How to exit BIG
 
The Investor's Solution: Stock Market Wealth Creation Simplified
The Investor's Solution: Stock Market Wealth Creation SimplifiedThe Investor's Solution: Stock Market Wealth Creation Simplified
The Investor's Solution: Stock Market Wealth Creation Simplified
 
Careers in Systematic Investing: Advice and Perspective at the End by Matthew...
Careers in Systematic Investing: Advice and Perspective at the End by Matthew...Careers in Systematic Investing: Advice and Perspective at the End by Matthew...
Careers in Systematic Investing: Advice and Perspective at the End by Matthew...
 
Belgian Advertising School Workshop
Belgian Advertising School WorkshopBelgian Advertising School Workshop
Belgian Advertising School Workshop
 
Bitcoin: Busienss and Technology Robot Overview
Bitcoin: Busienss and Technology Robot OverviewBitcoin: Busienss and Technology Robot Overview
Bitcoin: Busienss and Technology Robot Overview
 
44344675 trade-fraud-financial-fraud-and-the-joker-broker-by-kj-southall
44344675 trade-fraud-financial-fraud-and-the-joker-broker-by-kj-southall44344675 trade-fraud-financial-fraud-and-the-joker-broker-by-kj-southall
44344675 trade-fraud-financial-fraud-and-the-joker-broker-by-kj-southall
 
How to Research the Teams Behind a Cryptocurrency
How to Research the Teams Behind a CryptocurrencyHow to Research the Teams Behind a Cryptocurrency
How to Research the Teams Behind a Cryptocurrency
 
One coin prospect presentation powerpoint
One coin prospect presentation powerpointOne coin prospect presentation powerpoint
One coin prospect presentation powerpoint
 
Chaintech BitTalk Series Episode 1
Chaintech BitTalk Series Episode 1Chaintech BitTalk Series Episode 1
Chaintech BitTalk Series Episode 1
 
Investing in cryptocurrency
Investing in cryptocurrencyInvesting in cryptocurrency
Investing in cryptocurrency
 
Smart ways to analyze Crypto Token before investing in it
Smart ways to analyze Crypto Token before investing in itSmart ways to analyze Crypto Token before investing in it
Smart ways to analyze Crypto Token before investing in it
 
What is an Initial Coin Offering.pdf
What is an Initial Coin Offering.pdfWhat is an Initial Coin Offering.pdf
What is an Initial Coin Offering.pdf
 
What great entrepreneurs have in common by Ariel Poler at Vator Splash Oakland
What great entrepreneurs have in common by  Ariel Poler at Vator Splash OaklandWhat great entrepreneurs have in common by  Ariel Poler at Vator Splash Oakland
What great entrepreneurs have in common by Ariel Poler at Vator Splash Oakland
 
Bitcoin and Blockchain overview
Bitcoin and Blockchain overviewBitcoin and Blockchain overview
Bitcoin and Blockchain overview
 
Joan herbigpresentation07.01.10
Joan herbigpresentation07.01.10Joan herbigpresentation07.01.10
Joan herbigpresentation07.01.10
 
One coin prospect presentation powerpoint
One coin prospect presentation powerpointOne coin prospect presentation powerpoint
One coin prospect presentation powerpoint
 
Arts adminsocialmediamasterclassmar2016 day1-160207192550
Arts adminsocialmediamasterclassmar2016 day1-160207192550Arts adminsocialmediamasterclassmar2016 day1-160207192550
Arts adminsocialmediamasterclassmar2016 day1-160207192550
 

Mais de Wan Wei, Soh

Marketing in a COVID-19 World
Marketing in a COVID-19 WorldMarketing in a COVID-19 World
Marketing in a COVID-19 WorldWan Wei, Soh
 
Lightning Talks at Tokyo 2020 Salesforce Developer TrailheaDX meetup
Lightning Talks at Tokyo 2020 Salesforce Developer TrailheaDX meetupLightning Talks at Tokyo 2020 Salesforce Developer TrailheaDX meetup
Lightning Talks at Tokyo 2020 Salesforce Developer TrailheaDX meetupWan Wei, Soh
 
Blockchain For The Unbanked And Underbanked
Blockchain For The Unbanked And UnderbankedBlockchain For The Unbanked And Underbanked
Blockchain For The Unbanked And UnderbankedWan Wei, Soh
 
"The Brand Called You": Personal Branding Workshop
"The Brand Called You": Personal Branding Workshop"The Brand Called You": Personal Branding Workshop
"The Brand Called You": Personal Branding WorkshopWan Wei, Soh
 
IKIGUIDE's presentation at Blockchain Summit 2019
IKIGUIDE's presentation at Blockchain Summit 2019IKIGUIDE's presentation at Blockchain Summit 2019
IKIGUIDE's presentation at Blockchain Summit 2019Wan Wei, Soh
 
IKIGUIDE: AI x Blockchain-- 2019 Trends
IKIGUIDE: AI x Blockchain-- 2019 Trends IKIGUIDE: AI x Blockchain-- 2019 Trends
IKIGUIDE: AI x Blockchain-- 2019 Trends Wan Wei, Soh
 
The science of viral posts
The science of viral postsThe science of viral posts
The science of viral postsWan Wei, Soh
 
Asia Crypto Congress
Asia Crypto CongressAsia Crypto Congress
Asia Crypto CongressWan Wei, Soh
 
Design Finland 100
Design Finland 100Design Finland 100
Design Finland 100Wan Wei, Soh
 

Mais de Wan Wei, Soh (10)

Marketing in a COVID-19 World
Marketing in a COVID-19 WorldMarketing in a COVID-19 World
Marketing in a COVID-19 World
 
Lightning Talks at Tokyo 2020 Salesforce Developer TrailheaDX meetup
Lightning Talks at Tokyo 2020 Salesforce Developer TrailheaDX meetupLightning Talks at Tokyo 2020 Salesforce Developer TrailheaDX meetup
Lightning Talks at Tokyo 2020 Salesforce Developer TrailheaDX meetup
 
Blockchain For The Unbanked And Underbanked
Blockchain For The Unbanked And UnderbankedBlockchain For The Unbanked And Underbanked
Blockchain For The Unbanked And Underbanked
 
"The Brand Called You": Personal Branding Workshop
"The Brand Called You": Personal Branding Workshop"The Brand Called You": Personal Branding Workshop
"The Brand Called You": Personal Branding Workshop
 
IKIGUIDE's presentation at Blockchain Summit 2019
IKIGUIDE's presentation at Blockchain Summit 2019IKIGUIDE's presentation at Blockchain Summit 2019
IKIGUIDE's presentation at Blockchain Summit 2019
 
IKIGUIDE: AI x Blockchain-- 2019 Trends
IKIGUIDE: AI x Blockchain-- 2019 Trends IKIGUIDE: AI x Blockchain-- 2019 Trends
IKIGUIDE: AI x Blockchain-- 2019 Trends
 
Crypto sharing
Crypto sharingCrypto sharing
Crypto sharing
 
The science of viral posts
The science of viral postsThe science of viral posts
The science of viral posts
 
Asia Crypto Congress
Asia Crypto CongressAsia Crypto Congress
Asia Crypto Congress
 
Design Finland 100
Design Finland 100Design Finland 100
Design Finland 100
 

Último

Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 

Último (20)

Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 

How to spot shit, scam and legit coins

  • 1. How to Discern Amongst Shit Coins, Legit Coins And Scam Coins 19th May 2018 By Soh Wan Wei, Founder of www.IKIGUIDE.com
  • 2. Agenda ● Who is Wan Wei ● Why Blockchain Companies Hire Wan Wei ● What Is A Shit Coin/ Legit Coin/ Scam Coin? ● What is Due Diligence? Do At Least These 3 Steps ● FUD- Fear, Uncertainty, Doubt, aka “FAKE NEWS”! ● Conclusion: How Can We Discern Shit Coins, Legit Coins and Scam Coins?
  • 3. Who is Wan Wei? ● BSc (Hons) from NUS in Economics, MSc in Public Relations from Aalto University, School of Business, Finland ● First Singaporean to head a Finland-100 National Project endorsed by Finnish Prime Minister Office ● Interviewed over 100 C-Level Executives, politicians, entrepreneurs ● 2 years working experience in Singapore, Europe and Japan in Branding/ PR ● Personal branding expert ● Concurrently doing PR for Katalyst Blockchain/ KatalystCoin ● Founder of IKIGUIDE!
  • 5. “Public Relations” is defined as... “Gaining the goodwill of the public, subjected to legal, moral and ethical considerations”
  • 7. ● Most people don’t buy based on technical understanding ● Most people buy because they feel or resonate with something ● ICO projects require outreach for mass adoption of the coins ● In an increasingly crowded crypto-space, blockchain companies require strategic storytelling to stand out ● Value of 1 Earned Media = Value of 3 Paid Media ● Good PR has direct impact on coin prices Why Do Blockchain Companies Hire PR Practitioners?
  • 8. What Is A Shit/ Legit/ Scam Coin?
  • 9. A Shit Coin is defined as... “A coin with no use case”
  • 10. A Legit Coin is defined as... “A coin with good tokenomics”; or simply-- “A coin with a lot of use cases”
  • 11. A Scam Coin is defined as... “A coin that is misrepresented”
  • 13. Shit coin/ Legit Coin/ Scam Coin? https://uetoken.com/
  • 14. Shit coin/ Legit Coin/ Scam Coin? https://www.stellar.org/
  • 15. Shit coin/ Legit Coin/ Scam Coin? https://bitconnect.co/
  • 16. What is “Due Dilligence”? 3 Must-Dos At Least Look At The... ● Use Cases ● Business Model ● Team and Track Record
  • 17. How To Spot FAKE NEWS! (We call it FUD) Be Clear: ● Verifiable vs Not Verifiable ● Which Media Can You Trust? ● Trading/ speculation involves NO EMOTIONS! ● FOMO: Are you buying this coin because it seems that everyone else is buying it?
  • 19. From The Wall Street Journal:
  • 20. This Piece of News Resulted in MORE NEWS-- CNBC
  • 22. YES--The News From WSJ Is FUD!
  • 23. How To Spot FAKE NEWS! (We call it FUD) Be clear: ● Verifiable vs Not Verifiable ● Trading/ speculation involve NO EMOTIONS! ● FOMO: Are you buying this coin because it seems that everyone else is buying it?
  • 24. Are All Media Portals Reliable?
  • 25. Note The Disclaimers, Especially for Paid Press Releases:
  • 26. Note The Disclaimers, Especially for Paid Press Releases:
  • 27. Note The Disclaimers, Especially for Paid Press Releases:
  • 28. Conclusion: How To Discern Shit Coins, Scam Coins And Legit Coins? ● Look at use cases, business model, team and track record. ● If a piece of news/ information makes you feel emotional, ask WHO wrote it and why. ● When in doubt, ask the experts at Numoney or reach out to IKIGUIDE!
  • 29. Thank You For Your Time Today! Let’s Stay In Touch! www.fb.com/ikiguide