Please do not believe the bounty participants words and rating site top listed projects. These both are not a worthy to choose and say this is the right project you can go with it. Check the team information like CEO, development and marketing manager.
These things will be needed thing to get the good project to the market.
If you see the project investing more fund towards making project famous to all the places also may be good ICO project.
I strongly support this, not everyone coming with their various ICO list. Bounty hunters are hunters looking to get paid. Do your own research and Dont follow blindly. |
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So I participated in a bounty for a month where stakes are counted automatic and at the end i was given no reward, reason was my link was broken and I didn't get a warn or was called to attention.
So what's your take? Do you prefer the old method of stakes calculation or the automatic calculation of stakes?
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They several altcoin below $1 but my take is Spotcoin. Spotcoin is developing a complete digital asset management toolkit. Now the latest update from the team is; Three future government use cases; Part 2 of our series Spotcoin x Government. To get the part one you have to join the telegram @spotcointeam. Today, we want to highlight three government use cases that demonstrate how blockchain technology works for everyone. - Georgia: Reinventing the Tax System The newly-appointed prime minister in our home base country, Georgia, announced this week that his government will explore how to use blockchain to administer all taxes across the country except for value added tax. - A Fully Digital Government in Dubai In December 2017, Dubai announced their goal of running the entire city’s government on blockchain technology by 2020. Government administration is a burdensome bureaucracy based on paperwork. - Identity Verification in the United Kingdom Switching gears from the financial systems, the United Kingdom is investigating potential blockchain technologies for identity management. Every day there’s a new headline about data breaches and stolen identities. The result is that personal data is no longer as personal we might expect. https://medium.com/spotcoin/three-future-government-use-cases-e28c226763ad |
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Basically they don't believe in what BLOCKCHAIN can offer that's simple. Or have no knowledge of crypto
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I had a great idea for one type of coin/toke, but I was wondering how easy or expensive is to execute. I have seen post on this, but all of them scratche the surface.
Thanks.
Its quite expensive and time consuming.. First one need the following - white paper I’ve seen many White Papers that exist for the wrong reason. Many White Papers are in fact marketing papers. This is the first smell of a scam. A White Paper should describe a problem thoroughly and dedicate a large part of the paper to providing a possible workable solution. Always backup your claim why your solution would work. - the purpose for your token Decide on how you want to incentivize your contributors with the tokens issued to them. Do your maths and research into the soft and hard token cap number and their implications. Becareful of running uncapped ICOs as people are becoming more weary of it. Choose an easy-to-remember token symbol. - Terms and condition You want to do you legal background research early. Decide on your ICO terms and conditions. Decide on who can and cannot contribute. Ideally, you want a legal advisor in your team. Is the nature of your business even legal in your country? How do you intend to spend the funds raised? How is the token distributed? Does the core team intend to keep some tokens by themselves? Always keep abreast of ICO legalities in different countries. - Build a great Team To me, this is the hardest part. How do you get people to believe in your idea — Not just normal people, but people with credibility willing to stake their reputation with your idea. These people must have verifiable linkedin accounts. Many ICOs started off by being overly top heavy, example you have the CEO, CFO, CSO, CTO, blue chip advisors…etc but no engineers! This gives people the impression that you have no ability to execute your idea. If your idea is blockchain related, you need to get blockchain experts in your team. People who know blockchain are hard to come by. Make sure you do enough networking to know the right people. - Decide on what token technology to use With all the ground work laid out, its time to chose the blockchain technology powering your token. At the time of writing, Ethereum is by far the most popular and matured platform for launching ICOs. Creating Ethereum ERC-20 Tokens is easy but implementing custom crowd sale logic around the token can take a bit of thinking. For example, you might have discount structure based on the contribution date. You have to also consider refunding contributors if the ICO fails to reach its soft cap…etc. Its worth noting there are also quick token solutions such as WAVES and NXT but they are not all-in-one crowd sale solution. - Execution plan Decide on how how many rounds of token sale you want. For example, a private sale, presale, ICO and a general sale for each stage having different discount structure. There had been many criticism on many ICOs in the past. In general, you want to be fair and not allow a few to buy out all the tokens. So you might want to verifying the user’s identity before allowing them to participate. One easy way to do that is to create a whitelist (eg Enigma ICO whitelist). At the time of writing, the SEC(U.S. Securities and Exchange Commission) is prosecuting Token Sales without KYC procedures (Eg ICON KYC) and some cryptocurrency exchanges are beginning to exclude cryptocurrencies that did not implement KYC. KYC is tricky and troublesome but is legally required for some countries. - Token and crowdsale smart contract When writing the actual smart contract and again in the context of Ethereum, Open Zeppelin libraries are helpful when writing secure Crowd Sale and Token Smart Contracts. Be weary of overusing it though as the contract could become bloated and users have to pay high gas fees when making contribution. Always do lots of testing and auditing as you are dealing with people’s money. - Hardware setup There are quite a few setups to do. First of all, you will need a wallet to store the the funds collected during the ICO. A multi-sig hardware wallet is a good option. You will also need contingency plan in place if your wallet ever gets compromised. Assuming you are using Ethereum, you also need to setup an Ethereum node fully synced with the test and main net to launch and test your smart contracts. There might be trial and error during this process for example you might be switching between geth and parity clients…etc. If you are hosting your website, you will also need to setup the hosting environment. In other words, you want to setup the hardware for your ICO early. - website You will need to have a responsive campaign frontend connected to a running node so as to track the progress of the sale. Your website should be usable and idiot proof with very clear instructions on how to contribute. Many professional ICO also has a login system for users to manage their account and upload or download any documents if required. Having a dedicated portal also improves your brand but require more work to set it up. - market early and Market right In addition to creating brand awareness and running standard marketing campaigns using bitcointalk forums, linkedin, facebook, twitter, slack, bounties, campaigns, ico listing websites, subscription list…etc, research into the minds of crypto traders and enthusiasts. People who invest in ICOs are people who are into crytocurrencies. Advertise in places where they visit, know who they are following in youtube and do video interviews. Video is still the best conversion platform. Go to meetups and meet people in real to gain trust. Its very hard to get Mr and Mrs smith to invest if they have trouble understanding what bitcoin is. FINALLY Learn from successful ICOs on how they did it. Google knows who they are. Proof read all your documents over and over again. Don’t underestimate the amount of legal investigation, time and preparation work required to launch an ICO. A Smart Contract is never completed. Keep testing, auditing and refining. Engagement and good customer service equates to sales. Allow enough time to create the market hype before the actual ICO starts. If you are finding it all too hard, there are companies dedicated to launching ICOs. Google knows them. The only trick is you need to to have a trusted technical person to work with them to make sure everything is on track and done correctly. Be prepared to pay premium for companies for good track record. Good luck on creating your coin/token - Bernah Pah. |
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At Spotcoin, we are thrilled by the sheer amount of blockchain growth and opportunities. The new technology is working to upend, alter, and refine financial systems, food and agricultural tracking, real estate records, medical transactions, and secure government systems. According to a 2017 Deloitte Study, governments around the world are embracing the potential: a transformation from stuffy bureaucracy to streamlined, efficient, secure systems. Today, we want to highlight three government use cases that demonstrate how blockchain technology works for everyone. - Georgia: Reinventing the Tax System The newly-appointed prime minister in our home base country, Georgia, announced this week that his government will explore how to use blockchain to administer all taxes across the country except for value added tax. - A Fully Digital Government in Dubai In December 2017, Dubai announced their goal of running the entire city’s government on blockchain technology by 2020. Government administration is a burdensome bureaucracy based on paperwork. - Identity Verification in the United Kingdom Switching gears from the financial systems, the United Kingdom is investigating potential blockchain technologies for identity management. Every day there’s a new headline about data breaches and stolen identities. The result is that personal data is no longer as personal we might expect. Interested in more Spotcoin Join the telegram @spotcointeam https://medium.com/spotcoin/three-future-government-use-cases-e28c226763ad |
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At Spotcoin, we are thrilled by the sheer amount of blockchain growth and opportunities. The new technology is working to upend, alter, and refine financial systems, food and agricultural tracking, real estate records, medical transactions, and secure government systems. According to a 2017 Deloitte Study, governments around the world are embracing the potential: a transformation from stuffy bureaucracy to streamlined, efficient, secure systems. Today, we want to highlight three government use cases that demonstrate how blockchain technology works for everyone. - Georgia: Reinventing the Tax System The newly-appointed prime minister in our home base country, Georgia, announced this week that his government will explore how to use blockchain to administer all taxes across the country except for value added tax. - A Fully Digital Government in Dubai In December 2017, Dubai announced their goal of running the entire city’s government on blockchain technology by 2020. Government administration is a burdensome bureaucracy based on paperwork. - Identity Verification in the United Kingdom Switching gears from the financial systems, the United Kingdom is investigating potential blockchain technologies for identity management. Every day there’s a new headline about data breaches and stolen identities. The result is that personal data is no longer as personal we might expect. Interested in more Spotcoin https://medium.com/spotcoin/three-future-government-use-cases-e28c226763ad |
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At Spotcoin, we are thrilled by the sheer amount of blockchain growth and opportunities. The new technology is working to upend, alter, and refine financial systems, food and agricultural tracking, real estate records, medical transactions, and secure government systems. According to a 2017 Deloitte Study, governments around the world are embracing the potential: a transformation from stuffy bureaucracy to streamlined, efficient, secure systems. Today, we want to highlight three government use cases that demonstrate how blockchain technology works for everyone. - Georgia: Reinventing the Tax System The newly-appointed prime minister in our home base country, Georgia, announced this week that his government will explore how to use blockchain to administer all taxes across the country except for value added tax. - A Fully Digital Government in Dubai In December 2017, Dubai announced their goal of running the entire city’s government on blockchain technology by 2020. Government administration is a burdensome bureaucracy based on paperwork. - Identity Verification in the United Kingdom Switching gears from the financial systems, the United Kingdom is investigating potential blockchain technologies for identity management. Every day there’s a new headline about data breaches and stolen identities. The result is that personal data is no longer as personal we might expect. Interested in more Spotcoin https://medium.com/spotcoin/three-future-government-use-cases-e28c226763ad |
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Spotcoin and Golden Fleece are both from Georgia. Golden Fleece are mining experts, taking full advantage of the abundance of cheap hydropower in Georgia. Spotcoin has an established OTC, and offers liquidity for mined coins. Last November, Spotcoin and Golden Fleece teamed up, working together ever since. AT: Mining digital currency is an essential part of the global eco-system. There are many currencies that are now and will continue to be minable, and by obtaining them through mining Spotcoin gets the benefit of providing more liquidity into the digital exchange. SPOT token holders get the benefit of a 12 percent dividend from the profit earned over Spotcoin’s businesses, including the mining operation. We can run mining at a higher profit margin than many because we can access low cost electricity rates in Georgia. How did the partnership with Golden Fleece come about? Why partner with Golden Fleece? Can investors and consumers come to Spotcoin if they want to get involved with mining? What about the sustainability side of mining? It’s an issue, but besides the fact that Georgia has abundant hydropower, Golden Fleece is developing a facility at the sunny Black Sea coast covered with solar panels, and are planning on generating 15% of their electricity through solar power, to power what eventually should be a 20MW mining facility. GR: That’s a lot of mining power, and they have the latest, most efficient equipment to work with. I’d say that is the best option and the closest thing we have when it comes to sustainable mining. What does a potential SPOT token buyer get out of it? All this questions can be answered in thus article below!! https://medium.com/spotcoin/spotcoin-golden-fleece-deb137dfeb68 |
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Spotcoin and Golden Fleece are both from Georgia. Golden Fleece are mining experts, taking full advantage of the abundance of cheap hydropower in Georgia. Spotcoin has an established OTC, and offers liquidity for mined coins. Last November, Spotcoin and Golden Fleece teamed up, working together ever since. AT: Mining digital currency is an essential part of the global eco-system. There are many currencies that are now and will continue to be minable, and by obtaining them through mining Spotcoin gets the benefit of providing more liquidity into the digital exchange. SPOT token holders get the benefit of a 12 percent dividend from the profit earned over Spotcoin’s businesses, including the mining operation. We can run mining at a higher profit margin than many because we can access low cost electricity rates in Georgia. How did the partnership with Golden Fleece come about? Why partner with Golden Fleece? Can investors and consumers come to Spotcoin if they want to get involved with mining? What about the sustainability side of mining? It’s an issue, but besides the fact that Georgia has abundant hydropower, Golden Fleece is developing a facility at the sunny Black Sea coast covered with solar panels, and are planning on generating 15% of their electricity through solar power, to power what eventually should be a 20MW mining facility. GR: That’s a lot of mining power, and they have the latest, most efficient equipment to work with. I’d say that is the best option and the closest thing we have when it comes to sustainable mining. What does a potential SPOT token buyer get out of it? All this questions can be answered in thus article below!! https://medium.com/spotcoin/spotcoin-golden-fleece-deb137dfeb68 |
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I was really happy with the partnership, both coming together have a lot to offer.
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Yes. If you have money you can loss. The market is down but it won't last for ever. So take part in more ICO and trade if you can.
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The down ain't no joke, to the extent I Dont even look at it anymore, I started doing bounty to cover my loss.. It isn't funny but am a long holder. One only make loss when he/she sells
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You can get good neo canpaigns on goblin.com. they run a neo based campaign, am presently running spotcoin bounty. Which is still on and the latest news from spotcoin; they just got partnership with Golden Fleece, read Why did Spotcoin actually partner with Golden Fleece read about it below https://medium.com/spotcoin/spotcoin-golden-fleece-deb137dfeb68 |
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Spotcoin and Golden Fleece are both from Georgia. Golden Fleece are mining experts, taking full advantage of the abundance of cheap hydropower in Georgia. Spotcoin has an established OTC, and offers liquidity for mined coins. Last November, Spotcoin and Golden Fleece. But mining has quickly developed from an ‘anyone with a spare server’ side job into a cutting edge multi-rig business that is not without its controversies. Let’s check in with Spotcoin co-founders Andrew Thornhill and Guram Rukhadze -also the company’s CTO- about the partnership with Golden Fleece. Developing a mining site is expensive. Why should Spotcoin be involved with mining? READ How did the partnership with Golden Fleece come about!!?? https://medium.com/spotcoin/spotcoin-golden-fleece-deb137dfeb68 |
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Hello everybody, I know mostly people here know what they need to do before investing in any ico but there are still many people ask the same question in different thread specially newbie. They get the answer but in several post which maybe make them a little confusing. I am not an expert but i could put what i know here. All i know is from reading here in the forum. Well just start, everything you need to research and make sure before investing in ico project wheater the ico has : * working product * Unique or good idea/solution for existing problem or future problem. * Strong team behind the project * Strong planning and marketing ability * Partnerships with reputed company * good whitepaper and roadmap too * experience advisor Edited : * make sure the idea is different with the exist ico or the old project * check the supply of the token because it cause the price run From all mention above, i have 1 thing that is most important in my opinion. That is ico should have working product because working product can lead the ico would be success ( not 100% success but mostly success ). Maybe this thread will help you to find working product ico : https://bitcointalk.org/index.php?topic=2451482.0After you do research about above things, you can check the rating and other detail in below website : * Icobench.com * Icorating.com * Icobazaar.com * Icoscanner.io Other source to check popularity of the project is youtube and also this forum. I know its not complete but i hope it can help member who need it. Note : your suggestion is appreciate to add the detail above. Thank you Edit : * this is the other suggestion, i know some of them is already mention above but i think this is good to add it here. Thanks These 5 Things You Must Know Before Investing in an ICO
1 - Is it a Copy Cat, an Incremental Improvement, or Disruptive Tech?
2 - How detailed is the plan? What is the road map?
3 - How developed is the technology?
4 - Who comprises the Team and Advisory board?
5 - Do they really need to raise Why?
What should I do to participate in the ICO?
Very responsible approach to the selection of the project.
To study all possible information on the project.
To communicate with other potential investors at the forums, where information on the project is published.
If knowledge is allowed, then study the project code and its business model.
Assess the risks of investing.
Check for:
- Realistic goals
- Good tech
- Good trustworthy, preferably known dev team
The existing product note is important because we can see a lot of projects which did raise a lot of funds but after that their token price is dropping like boobs with age.
I agree on OPs list but i would like to add some more.
1) Idea explanation. It is very important that the project can explain their idea in simple way. If they cannot do it ,they are over complicating things which is one of the reasons why startups fail or they just dont care about the idea and project. KEEP IT Stupid simple.
2) Look for their attitude towards details and graphic design in their project webpage, telegram , bounty and ann thread. it does show that they care about their project.
3) Country. I dont want to induce nationalist discussion. But country / region matters. Economy and regulations differ in regions.
4) In some cases projects already have raised some momey in different way which could be a good indicator . For example IcoPass has managed to attract money from " Horizon 2020" which is not a easy thing to do. In most cases this one will be similar to " existing product" criteria .
Well said I Dont have anything much to add just you mentioned Icobench.com * Icorating.com * Icobazaar.com * Icoscanner.io most of this ico rating site are mostly paid to review a project, so one can't be 100% sure its worth the rating, just have to do a proper research on all. |
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Haha that's a crazy way to put it, you can't say its a religion. You should know better what religion is?? Crypto is no cult nor religion.
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