Bitcoin Forum

I have a buddy who is releasing a new ICO next week, what questions would you ask him if sitting across a table from him?

The main question is to get acquainted with the project, whitepaper, roadmap. How prospective is it? How much money they want to raise? What experience the team has? Do they have a working product or only an idea? Who are their advisors?

It's not serious! If the project has logic, potential, quality and pre-designed content, a professional team, then what's the difference what the questions are? Just do everything at the highest level and people will come to you.

Because I would like to do my best to verify it's legitimacy with the limited knowledge i have.

I would ask team members and their project history, investors, advisors, short term and long term road map, whitepaper, marketing plan.

What is the real purpose of your project, are you prepared in the technique? Can the project really help people?
These are the questions,that I would question at his desk.

I would ask what add to the value of your token in the platforms system? A lot of ico’s Are launching tokens which don’t real at value or need to opperste the system.

Actually your all question above are similar with mine. Those are kind of basic of the ico project that we need to know before decide to invest or not. But one thing i will ask first is do they have working product or not?? If not i will not invest.

Has he made a coin before? I guess that he should have success if he knows how cryptocurrency works.

I will ask them what the aim of the project, what problem will be solved, what unique thing and what different thing of their project with others project. And other important they has working product already or not, because this is prove they will serious to development their project later.