BenchCoinToken (OP)
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BenchCoin: A Digital Student Property Enterprise
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July 26, 2017, 02:41:06 PM |
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What are you looking for with proper ICO due diligence? Any strategies to quantify or differentiate a good ICO from a bad one?
For example, in venture capital you have processes;
Any VC... 1. Simple explanation of the business (1 sentence, what do you do?) 2. Clear revenue stream (How does the business make $?) 3. Defined exit strategy (How does the investor make $?) For an equity... 1. Industry (growth with first mover advantage) 2. Exit Strategy (investor liquidity event) 3. Financial Return (significant for early stage, +50%/3yr.) Your particular investment... 1. Look at Big Picture 2. Find the downside 3. Protect your downside
What is most important to show legitimacy for investors?
Our main concerns currently are:
1. Transparent Team 2. Use of Escrow 3. Team Tokens limited to Milestones 4. White Papers 5. Business Plans 6. Practical use of Technology 7. Token Distribution %'s 8. Limited Token Supply
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