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Author Topic: What are your criteria to assess an ICO?  (Read 217 times)
RickFoster (OP)
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March 26, 2018, 02:24:43 AM
 #41

Hello guys  Wink Wink Wink
What convinces you to join a brand new project? I suppose that this is the wonders of many investors, so why don't we share our opinions in this topic?
Thanks  Smiley


Well for me, the very first thing that I look at an ICO is the concept of their project as to whether it solves real problems or creates an imaginary problem for it to solve. After that, if I somehow liked the concept, I then proceed to look at the developing team to make sure if they are experienced people in creating ICOs and are really good at what they do. Then, I look at the community it has supporting it and ask a few questions. And then, I proceed to reading the white paper to know their whole plan for the project. And lastly, I ask more about the things on the white paper to make things clearer for me so that I can be sure that my investments are in good hands.

Hope this helps you man, good luck.
thanks you. I like your opinion
GFE
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March 26, 2018, 03:24:50 AM
 #42

First of all, I evaluate developers team. Secondly, I check preico phase. If preico is successful so ICO will be successful too

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nl247
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March 28, 2018, 09:19:31 AM
 #43

Hello guys  Wink Wink Wink
What convinces you to join a brand new project? I suppose that this is the wonders of many investors, so why don't we share our opinions in this topic?
Thanks  Smiley

A thoroughly written whitepaper is something that each ICO must possess. Good goals and plans are something that each participant and investor must study if he/her wants to actually gain profit and not with the loss if developers run in the middle of the campaign with the invested money.
I personally had some fail investment at the start of my joining to the market.
I didn't make enough research and I actually followed bigger investors which were probably in cooperation with the developers.
From that day of my loss, I am never doing the same mistake. If you don't take enough of your time to study the project better don't invest!
Did you really just say whitepaper? You will get screwed before you even know it. Concentrate more on digging up the team and you will be fine, without forgetting to find out if there is a product.
Some times, I go as far as contacting some of the team personally even on skype to be very sure I got my investment in the right hands, and as long as you start giving me some questions and doubts, I start paving way. I cannot start boring myself with the whitepaper only to find out the team will not be able to pull it off or there is no product to even invest in.
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March 28, 2018, 11:34:03 AM
 #44

There are many criteria by which I analyze new projects. But the most important criterion for me is his idea. If I like the idea, it's clear and simple, it's likely I'll be participating in this project.

BeruchN
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March 28, 2018, 11:48:25 AM
 #45

i always try to look for a minimum viable product in a ICO first and then research the development team. see their past experience, if they really believe in it, their goals and so on.

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