Bitcoin Forum

Is there something that makes you trust (or at least to take a leap of faith on) a project before the ICO stage (not a Pre-ICO for the big whales), before you can see the pics of a team and rush through few pages of the WhitePaper/brief or take a peek at the future RoadMap. Meaning would you do anything before you can see the value of the project/token/something else. No investments or heavy work, just spread the word and maybe leave your email for the team.

Would you trust a project if it was featured in an article on some site you trust or would the simple advertisement on the same trustworthy site work for you? Would you rather trust the project that promises fantastic turnout which in real life is pretty hard to execute (a Lamborghini Diablo or an iPhone XXX to every early adopter) or the one that might downplay its worth but might have a real effect on some of the problems you or the world face everyday? Would you trust a professionally looking website with lots of texts or graphical landings with easily comprehensible sequencing? etc. All in all what makes you tick regarding new and unknown projects (or rather if you would even participate in such a project before an ICO).

I guess it is more of a psychological question still it would be interesting to see the answers from the community as most of the projects/startups nowadays are linked with the ICO and crypro world.

the first thing I do is look at the ideas and concepts of a project. after that just check the team, whitepaper, their roadmap and I always discuss with my community. if the found project is suitable and in accordance with the results of the research, then I will invest there.

First thing I do is to inspect the project as a whole. How? By digging into its website, whitepaper, roadmap and even the pictures of the developers (it matters a lot to me). Not by face though. Pictures can tell a lot. But this is not the main issue.

Due to widespread of scam We need to be careful in choosing a crypto project. Study and research is the best tools to identify the trustworthy crypto project. Read the whitepaper project and the vision of the project developer.

Team - if I know guys from the Team and beleive them - I trust their project

I am looking into multiple things. First thing I do is that I check what exactly is the projects vision and if there is a real world usage of the actual product. Then I check the team behind the project and if there already is a MVP.

Non scammy/salesy wording.  Project solving a real world need that can only be done through crypto.

I will see white paper and roadmap. test team development. and see if the idea of the project is realistic and applicable to reality. And it is important to see if the community of the project is large. These are the things you need to believe in a project. And know what the project is scam.

some ICO has a great quality of website i can see they dedicated to the project .
and they got a good team.
that is why i trust some ico in their quality

The main criteria to evaluate a crypto if at all that can be done are

1. Use case- what is the technology trying to do, what problem does it solve in real world  and in what markets is it going to be used and is there a market for it. Because at the core very technology is a service to human need, see  if the use case seems important enough for you.


2. Team- This need not always be true but its always best to have a team thats reputable with good technical team, decent financial backers.

3.Technology and Roadmap-  What kind of tech they are using, at what stage of completion it is, is there some working apps. What is the road map for completetion.


4. Coin volume in circulation, supply this to mostly look speculate what amount to buy. Good circulating supply means people are invested in the project.Which is always good.


5.Gut feeling.

Mostly if I think is something that I would use or something like thaat...
I don't really care about the whitepaper. Everyone could have done that.

you have so many questions, i'll try to sort it out, and put some brief answers on it.

---

1. Is there something that makes you trust (or at least to take a leap of faith on) a project before the ICO stage (not a Pre-ICO for the big whales), before you can see the pics of a team and rush through few pages of the WhitePaper/brief or take a peek at the future RoadMap?
- further explanation(?) Meaning would you do anything before you can see the value of the project/token/something else. No investments or heavy work, just spread the word and maybe leave your email for the team.

answer: if i can't take a look at their team, read the whitepaper, or roadmap, i would never do anything. i've been scammed a lot man (in a bounty campaign)

---

2. Would you trust a project if it was featured in an article on some site you trust or would the simple advertisement on the same trustworthy site work for you?

answer: never happened to me, i'd rather research the project by my own first

---

3. Would you rather trust the project that promises fantastic turnout which in real life is pretty hard to execute (a Lamborghini Diablo or an iPhone XXX to every early adopter) or the one that might downplay its worth but might have a real effect on some of the problems you or the world face everyday?

answer: the second one

---

4. Would you trust a professionally looking website with lots of texts or graphical landings with easily comprehensible sequencing? etc. All in all what makes you tick regarding new and unknown projects (or rather if you would even participate in such a project before an ICO).

answer: yes ofc

---

1. The website: How does it look, do I like etc.
2. The team: Do I trust the team to achieve something extraordinary? Are they experienced? Would I entrust them my money? Do they show their faces on the website?
3. The vision: Do they have a vision with a possible real life adoption? Do people need what they want to achieve?
4. The white paper: How does it look? How is it written? Does it convince me?
5. The coin/token: Does it even have usage? The more usage the coin/token has the better. Or is it just a way of the team to generate fast money?
6. The prototype: Do they have one? How long will it take until the release?
7. The roadmap: What are the next steps? Do they seem fine for me? Does it match to what the team promises?
8. GitHub: I check their GitHub. Are they working? How regularly do they update it etc.
9. Partnerships etc.: Do they already have some? Who? Who might also join in the near future?

Yeah, basically those are the points I check before investing. For an ICO I use the points that already can be verified of course.

There are too many factors to name them all but if I have to name two are the minimal: Roadmap and a team. These are really two main factors!!!

Check the website, social media site first.. then reading their white paper.. Dev must be present in the telegram group to have interaction with their investor.

All the road maps are the same, teams are different, I have the same road map as every single project, kill Bitcoin and collect money for holy purposes, a.k.a jumping the first available prostitute.
My road map, like all the other road maps, activity tokens are explained:

Trust me and start buying activity tokens, let me know if you need the asset identifier to locate them on Waves DEX. just hurry please, a man has got to eat right?

You really cant trust anything,specially with low marketcap.A lot of same looking project with a lot of promisses.Its a risk and gamble at some point,but this is how you earn easy money if lucky

The team makes me trust a crypto project but even I fully believe in a team, I would try to be logical about a project because lots of projects with great teams fails.

Economical background, logic and a bit of feeling  :)

There are several factors that we should look at, too long if I write here.
Most importantly we can see his team then we can check from the website and roadmap what their mission and vision.

My way of life when i need to change crypto in fiat rather regularly make me believe that it be easier with time…

As ico traders and i only trust the hype, that can generates me a lot of money. But there is a lot of project that applied non sense idea to the future development, We even don't need it right now.
This is my simple conclusion about ico, there will be bunch of people actively discussing in the social group and i can say that such a good ico that makes me trust with em.

A clear view on who the persons on the team are is most important. After that just the regular things , does it make sense what they are trying to do. Do they have a white paper and a nice website. Distribution model is important to.

- Is the product that is being offered valuable, worthwhile or in demand?
- Is the team behind the product professional, dedicated, experienced and competent?
- What are other people saying about the particular project?
- Is the road map realistic?

If they still don't have a working product and just hyped then I don't have trust in it. I've learned that these cryptocurrency projects should show me first that they are worthy of my investments by showing me a real product and not full of promises.

If I see a potential for their project. It means if the CRYPTO is being backed by a reputable team, they have a large community behind them, and they offer a good product or innovation.

there are many issues we can research before investing in an ICO projects. The value of the project to the life. The way to execute, and the experience of the team.

A cryptocurrency? He is talking about Altcoins, not about ICO's, are you reading the content of the thread instead of posting bullshit?

And no, if i want to invest in an altcoin, i just make a little research, i do not need to make a FBI investigation about the team in order to invest in a coin that is already on the market.

I trust an ico based in 4 things
1)their teams
2) their advisors
3) project have to be unique

Hmm of course firstly i would really look through their whitepaper to have a glance about their business model, vision, product etc as it's too early and unreliable to judge based on their website. Following with some evaluation on their competitors, market and simply the feasibility of the project based on my common sense, only after that i would see whenever their team capable on truly achieving THOSE written in the whitepaper anot, you couldn't expect a team to fully deliver a large scale service, platform over your expected ROI period. After these are okay for me i would just simply go through those kinda monkey search on their social status to see public perception and of course their token distribution system those but it's always the same, less supply means higher hype or simply NEO-based projects are really hot handed now.

Back to your question, i would never really trust a project unless i have really some insider news, but still i would invest if those conditions sastify and basically i'm gambling too, but i guess that how crypto works when you wanna have flips there would be risks on market as well the project itself. Came across some project which has product, great team communication but just as it launched they disappear.

I found that if dev is acknowledged their mistake or any willing to admit wrong is honest any gain my trust even more.

Everytime i spend money on investing in a project, the most important thing i'm looking for is the benefits. How much could i earn from that, is that legit or not. I don't know why people can spend their trust on some random projects with totally anonymous team? Because BCC's team is an anonymous team? No no, I only choose the project which has a specific team behind .

Evaluating the viability of a new project is subject to one's biases and inclinations. Generally speaking, though, we would be looking at the main concept and how the concept can be solving real world problems or challenges (this will determine the project's value). Now, we also try to have a peek at the team behind the project...famous names will always have advantage plus if the project is endorsed by someone who is already known in the cryptocurrency world then it could really help. The team has to be active in many channels and they must be good in communicating to prospect buyers of the tokens. Not to be left is the marketing strategies use...better marketing means that the people behind know what they are doing in pushing the project. Oh, before I end, we should also get to know seriously the road map of the project and evaluate if the plans are really doable or just another wishful thinking. However, we should really realize that even if we are doing our due diligence, there is really nothing guaranteed that a project will really work. It means there will always be risks involved (of course if the project is right there would be great rewards at the end).

I would trust the project if they are true to their word and the application of the project, also they need to be transparent answering the questions of the people that invested or within the bounty of that project. Also it has a great support within its community.

I think discuss with community how good the project is better.
Before investing i think better to check wheater they have real working product or not. If yes i think it will be good to invest.

I think trusting on a project or not it's depending on how much experience on the development team. Development team is the heart of the project,if they're not good so as well as the project isn't good too.

White paper is the first thing I care about. Road map is the second one if the right direction, I will invest in it. I also try to find community responses like reddit and bitcointalk.

Sometimes I use coinmarketcap ads and etherscan ads as my reference to invest in ICO, and as I know all the ads which appears really legit projects and gives me an advantage Neumark example, I forgot Neumark appeared in etherscan ads or coinmarketcap.

I trust and have faith on a certain crypto project if the ICO is worth something to invest in if I were to put myself in its place. I usually check the team members and check them one by one if they are legit. And follow their social media accounts to see if its a progressing project also.

What  I do is that I read their whitepaper and analyze if what they are saying/stating there is probable then after that I look for their target users, the one who will use the coin and not the investors because it will dictate if that coins has real value because of platform and not just someone manipulate.

everyone has a different way of making their choices including me, first I will do is look at the team that is in it, once sure the team can I believe then I see the concept and read whitepaper and road map, I never discuss in determining the project that I will follow, because after reading everything I can decide, I always follow my heart if I like to go forward but if not then I back away, I hope everything can be successful in their own way

i just follow the big traders
when they invest their money in a project, that mean they can be sure enaough to do that
and i just follow them
sometimes i just invest in an ICO, but when it reach 90%  ;D

I never trust good or bad reviews on the Internet about the project. I always prefer to analyze the suitability of the idea and the possibility of its implementation by the team.

Coins telling that their first priority is developing platform and wallet are my best. Other lame coins keep suggesting they are gonna moon, they have partners etc. I try to avoid this kind of coins.

Projects that were not announced on this forum pass by my attention)
First, what they offer. What task they solve and how.
Secondly, the general view of the site and the team.
Thirdly, on this forum research on the announcement, bounty, opinions of people and teams (like Amazix).

research is the only thing i do for trusting crypto projects. i just read their white paper and analize their goals then eventually i evaluate if their project is worth it. experience, time and effort is needed in determining wether you will trust a project.

I agree on that,I do research in order for me to trust a crypto projects.Mostly i look into the project thread,Team Composition, read also the whitepaper, and consider the community or media. Like for example,looking in the project community.It is crucial to have a wide open supporting community like a public Slack for all investors. Openness is as crucial in gaining our trust to a crypto project.