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.
I think this is a pretty complete list of what one should be looking for when investing in a project in its ICO stage.
This thread should always be at the top for everyone to see.