Bitcoin Forum

Nowadays,there are so many ICO's around the crypto market. Everyone is looking a good and legitimate ICO to invest for the purpose of earning a profit. How to know and select a good and legitimate ICO? I have one ICO that I think is good to invest, The Organicco which is the purpose of this project is to develop a green technology for the better future planet. For those expert on investing in ICO,I need your suggestions if it is good to invest on this ICO or not..here is the link  https://organicco.uk/

Icobench and other trackers show a low rating. The hard cap is incredible = 35 000 000 GBP. They will not reach it.


Also, I am not sure did they get SOFT cap 3 500 000 GBP (on June 5th 2018)?

the way to find out ico is good and legitimate, that is you can read their white paper, knowing what the purpose of the ico project is for the future, if the purpose of the project is good and good for the future like the ico project that you choose now I think the possibility of the project it will be successful, and you also need to know the cohesiveness of a team and if possible you also need to choose an experienced manager.

firstly, you should view their website, read and ask about content in their whitepaper.
you writedown what do you think about them.
Or You can visit the ico site that I usually do https://icodrops.com/

If you are still in doubt and have not been able to predict future ICOs that you will choose, you should just look at https://icobench.com/ or https://www.trackico.io/ here are lots of ICOs that are ongoing and also who will come all have value and you just have to decide on one of the ICOs that you will follow and choose the ico project that has the most rating and in my opinion all the ico projects that have entered the site on average have the potential to succeed.

Stay away fron ICO if you are not willing to look into the ICO you want to invest in. Scams are getting so good that is very difficult to tell. At the end is not a scam the project has a great idea and there are still so many ways they can go wrong. ICOs are risky.

Yes, you are right, they need to send also to have a communication relationship with the ICO owner manager, and continue to establish good cooperation with the project manager, if good cooperation is done, then most likely the project will succeed.

The best approach to discover ico is good that is you can read their white paper, recognizing what the reason for the ico project is for the future, if the motivation behind the undertaking is great and useful for the future like the ico project that you pick now I figure the likelihood of the task it will be fruitful, and you likewise need to know the team behind it

you should pass through a very good research aisle. you need to consider options such as a good white list for him. then you will have taken a solid step. I wish you success for us ico.

I think all ICO who have a good team have the potential to succeed in the future depending on whether or not softcap is achieved during the ICO launch

ICO is good. If you divide your icos in short, medium and long term, at last you'll have a big profit.

Check the website, whitepaper, background of the team members.

I would suggest you to check sidera ICO. They are in partenership with IBM, ICO is live on thier website.  Sidera is the world’s first commercial IoT device that includes Blockchain and NFC payments.

Yes, the softcap is just too high, according to this https://bitcointalk.org/index.php?topic=3379079.860 since I didn't find any information on their site, they have sold 1 255 972 tokens where 1 token equals to 0.5 GBP meaning that they have collected 627 986 GBP. I don't know but I just feel like that this ICO isn't quite popular that's why it's not getting enough participant to reach the soft cap.

ICO is the big part of crypto community so many peoples are earn good profit in future but more risky platform. If you have knowledge in ICO platform you can try this platform otherwise no need to risk because ICO is always comes in the future so before to buy we should improve our skills,

Although the project looks perfect, I still recommend that you reduce the amount of investment, because tragedy always happens in these seemingly perfect projects!

At present ICO projects are very difficult to know which projects are good, if you want to invest should find out the project has products

Determining an ICO on its beginning phase is hard to tell if its a good, bad or scam one.
Some basis are depending on the team managers, developers or people involved for that project.
I reckong those who said that you have to be watchful if it looks good.

Not only that which if you do tried to see on their roadmap their schedules or prospected plans are way too delayed.It shows they do start up on year 2017 with developing phase but until now they are starting of the presale.I do love the concept but without justification on the team itself would always give some doubts.I didn't bother to look at it if its legit or not so therefore all things will depend on how op will search through things.

Take a good look at their roadmap, the activity of team members on social media and how long ago have they been active. New or sudden activity is normally a red sign.

Also never invest what you can not afford to lose.

There are quite a lot of ICO fraud. Even if photos of engineers are posted there are cases of lie photos. There is a report that 90% or more is fraud and crackdown is very severe in Japan. However, there are many projects that have succeeded in collecting funds. Your final decision is important.

I can't say vividly that it will be a good project because the team behind a project matters but going by the use and purpose, a green technology is good for the future. Most countries are advocating the planting of three rather than bush burning and emission of toxic carbons to the atmosphere which depletes the ozone. Hence, having such a token too is good for the green revolution.

Many ico's are scam current ico status. But you have analysis lot about this project like team,vision and partnership .Don't trust anyone idea. Do your own research .

This is not completely true in my opinion. For example, our team has been working for almost a year on preparing our project. We never published anything about our project because we did not want a company that already works in the funeral industry to copy our idea before we finished our first research phase. Which means that our activity on social media has been low till our launch day that was a few days ago.


Sincerely,
Alex van der Wal
Chief Executive Officer
Board of Directors
Global Funeral Care Foundation
https://www.globalfuneralcare.org/

The first organization using blockchain technology to support the global funeral industry.

be careful with ICO programs, now there are many ico scams, if you don't specify good ico you will fall, a lot of investor money is stolen and disappears without responsibility.
my advice if you want to choose ico it is better to see the team handling the first program, follow an experienced team, and have proven successful in handling the ICO program

Ico are mostly scam, ico is one way to scam people in an easy way, fake project fake team is enough to scam investors.

- Look at the website. If it's full of typo's or broken features then it doesn't bode well.
- Look at the team. Too many ICO's are run by students with an idea. Look for an experienced team with some history and solid credentials
- Look at their ICO advisors. Many ICO advisory firms have sketchy roots themselves but some have solid histories and backgrounds like Swisscom or C Block Capital. The point is these reputable firms conduct due diligence on the teams, their white papers and their offering and only take on the small minority of solid offerings.
- * Look at their white paper. I've put a star here because actually I don't think this is the best approach for many people. It's like telling someone to read a medical report and decide on the best treatment or engine diagnostics to choose the best car to invest in. It's still worth doing but unless you're a blockchain expert then you may find the white paper only of limited help. I've read 100 page white papers that look slick but have no meaningful content and I've read 20 page white papers that contain the seeds of something great. I think it's better to follow the direction of a solid ICO advisory firm who have the experts to do the deep dives.
- Look at their wider business offering. Do they have clients already or partnerships? Do they have technology developed or is it just an idea and white paper? Leonardo da Vinci designed a flying machine, it doesn't mean he could build it.

Approach it like an IPO, look at the business, the team, the idea and ask all the normal due dilligence questions like who are these people? What have they achieved before? What have they actually built? What does the ICO advisory firm who did the technology deep dive think of the overall offering?

If you do that you'll find that 99% of ICO's go into the waste bin while 1% are good buys.

For full disclosure, I have no association with those ICO advisory firms although I have delt with them and many others and have found them to be highly professional, selective and protective of their own reputations and brands. I do however work for the London based Atlas City which will be running an ICO in early 2019, supported by the leading ICO advisory firms in Switzerland and Hong Kong. The ICO isn't listed yet although if you're interested in the project then it's worth connecting with them to learn about the private ICO period. As a business we've spent months asking that very question, what makes a good ICO for the business and for token buyers and as part of that we've been engaged with different ICO advisory firms, law firms, banks and anyone else we felt could help to test our approach.

https://atlascity.io/
For a bit of background, Atlas City formed from R&D work that started in 2012 under the European Commission in partnership with European water utilities, universities and businesses and which ultimately led to the ground up design and development of a very different kind of blockchain inspired DLT, designed to scale and work securely even when managing critical utility infrastructure.

2018 has seen this work advance including the first MVP deployed as a test network used by partners in industries from supply chain to financial and legal services. Personally I think Atlas City will be one of the biggest ICO's of 2019 since its being planned so methodically and comes with technology already at an advanced stage of development, partnership agreements, corporate client relationships and an active program of workshops, hackathons and meetups. 2019 sees this work expanding as well as media engagement starting with the documentary series Great British Business in partnership with a leading British newspaper and TV networks.

I'm not going to list out the details here since that'll all come with the ICO launch in January and this isn't the place for an ICO presentation but I mention the above to give disclosure of where my views are formed and what I consider to be the right approach to running an ICO. If you are interested in the project then there's a link on the home page of the Atlas City website for anyone who wants to find details for the private ICO period or you can throw me a message and I can forward details to someone to get decks sent out.

If you're based in London then be sure to subscribe to the Twitter account https://twitter.com/AtlasCity_io  which lists out various announcements including the monthly meetup details in Paddington. Also Atlas City engages with local universities and business schools and so if you're looking for an internship or to run some research then it's worth getting in touch as well.

Happy and safe ICOing.

I'd also add to that list, ask the question what the ICO is for?

Most ICO's are pure fund raising and the resulting product could run just as well without its own token. Many do make sense beyond fund raising such as a protocol needing an economy or tokenisation of assets but ask yourself what's behind the ICO and whether the token itself is necessary.