How to evaluate a potential ICO project?

[piepie.asean]

 
First of all, there are no definite formulas or elements for evaluating a potential ICO project as there are hundreds of factors influencing its success: political institutions, the law, the founding group or the advisory board, the level of communication, the interest of the community ...
So the information below is for your reference only!

* Evaluation of the ICO project website

It must be said that most of us, when looking at an ICO project, look at its "face" to see if it is professional or not. The "face" is nothing else is the website interface.

Most of us will feel confident if the ICO project website is designed professionally. However, this is the point where many projects are easy to create confidence because they can now hire a team of professional designers to prepare for a ... spectacular scam!

Therefore, the professional design of the website by individuals Ngoc only accounted for 5% in the ICO project evaluation.

Other more important factors to consider are:
#1. Check domain (domain)
#2. Check traffic
# 3. Community participation in the project via media channels

Some tools for you to check out above are:

http://www.hypestat.com: This is a tool that gives you tons of information related to a website like total traffic per day, source from which country, ad revenue is how much, very much other information ...
https://www.similarweb.com: Provides you with information on the total number of visits to the websites of the countries, the countries with the most hits will show the flag and the rank of the country with the number % are ranked from top to bottom.
You can also use other tools to check more such as:
https://www.alexa.com;
https://who.is

[qmclak]

Great infos.

I also noticed it,sometimes the web design they have similarities from other ico project.They use the same code and design.They copy some of words and whitepapers and the site a lot of grammatical errors,not well writen by professional marketer.

[piepie.asean]

Great infos.

I also noticed it,sometimes the web design they have similarities from other ico project.They use the same code and design.They copy some of words and whitepapers and the site a lot of grammatical errors,not well writen by professional marketer.

Thanks, so we need to be careful when investing in Ico.

[skovbitcoin]

Good advice. I would also recommend carefully studying the project team and technical documents of the project.

[andigentho]

Thank you for the advice!
This is really needed for investors and bounties. Because there are now many ICO scams that harm many investors and damage the ICO image. Hopefully, there is a special handling to overcome the current scam ICO.

[Awesomus Maximus]

I think checking domain, traffic and community is not enough. It is necessary, but not enough. There have been some ICOs that turned out to be exit scams with perfectly fine domains, community, and traffic to the website. I must say that the primary factors to consider are the project fundamentals. If the project is sound then the ICO will have a good whitepaper and a nearly working solution to some problem. This part is most difficult to check, because you have to be expert to be able to tell. This is due to the fact that, at first sight, a great whitepaper can look almost the same as a copy...paste... and modified whitepaper.

[mamesso]

this is quite helpful, but the ico website can still be manipulated in various ways. and the internet can do everything.
but at least we know the popularity of the web and the most visitors from various countries.
I've tried it, it works well. thank you

[bucker steemit]

we can see it from dev's privacy, yeah first, bro and also we can see from pre-ico sales or followers or those who follow it, yes, if the participants are getting more and more, surely ico is very interesting to be included, it can also be seen from the results sharing, the more results It's also more interesting to follow, bro, but it all depends on the moderator, bro, how do they market it?

[Manuel05]

Well your very right. I have fallen for a scam project because i followed the hype but the amazing thing is the project idea was really great but the team was a scam. Thanks for adding more to my knowledge. Me when i look at any project i pay close attention to the team, advisors and the marketing strategy.