Having said that, many blockchain projects conducting ICO’s today want to keep their code private as they do not want competitors replicating their business models. Hence, non-public code does not automatically dismiss an ICO either. The more transparency about the project, however, the better.

Does the team have a proof of concept (POC) or minimum viable product (MVP)?


A POC is usually just a technical demonstration of a key idea or component of a system. An MVP is far superior in that it represents a first offering of the actual product.

Every single guide on anything even remotely related with cryptocurrencies will give you this one simple advice: don’t commit more money than you can afford to lose.

How are tokens exchanged, sold, bought, traded? Which exchanges have already agreed to list your  token and what is their business model?

Are you offering a guaranteed rate of return to investors? (RED FLAG)

is there any possibility that it will be listed in Binance in 2021!!