MiBambino
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Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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October 12, 2017, 06:51:37 PM |
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choosing ICO it is important not to forget how many tokens the developer keeps to himself and whether the emission of new tokens
That number is only important if the number of tokens they are going to keep to themselves is very high I remember reading that UNIKOIN backed by Ashton Kutcher and Mark Cuban plan to keep 80% of the coins to themselves and yet they wanted to raise like 100 million that means that out of the gate they earn 400 million dollars, and that in my book is a huge red flag. celebrity endorsements are a red flag to me too I also think that a good project does not make sense to spend money on celebrities, it's better to invest in the project itself Exactly, these are financial services, not coffeemachines or perfumes lol
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goshay97
Jr. Member
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Merit: 1
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October 12, 2017, 07:07:18 PM |
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choosing ICO it is important not to forget how many tokens the developer keeps to himself and whether the emission of new tokens
That number is only important if the number of tokens they are going to keep to themselves is very high I remember reading that UNIKOIN backed by Ashton Kutcher and Mark Cuban plan to keep 80% of the coins to themselves and yet they wanted to raise like 100 million that means that out of the gate they earn 400 million dollars, and that in my book is a huge red flag. celebrity endorsements are a red flag to me too I also think that a good project does not make sense to spend money on celebrities, it's better to invest in the project itself Exactly, these are financial services, not coffeemachines or perfumes lol LOL, I agree with both of you guys. Sorry fact though is, a lot of people out there only want to buy something based on whether or not their favorite actor or sports figure wants/has it. So, I can see the advantage in this situation. By using their money to pay a famous person, they are really, really hoping to drive their coin up.
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MiBambino
Sr. Member
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Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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October 12, 2017, 08:10:25 PM |
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choosing ICO it is important not to forget how many tokens the developer keeps to himself and whether the emission of new tokens
That number is only important if the number of tokens they are going to keep to themselves is very high I remember reading that UNIKOIN backed by Ashton Kutcher and Mark Cuban plan to keep 80% of the coins to themselves and yet they wanted to raise like 100 million that means that out of the gate they earn 400 million dollars, and that in my book is a huge red flag. celebrity endorsements are a red flag to me too I also think that a good project does not make sense to spend money on celebrities, it's better to invest in the project itself Exactly, these are financial services, not coffeemachines or perfumes lol LOL, I agree with both of you guys. Sorry fact though is, a lot of people out there only want to buy something based on whether or not their favorite actor or sports figure wants/has it. So, I can see the advantage in this situation. By using their money to pay a famous person, they are really, really hoping to drive their coin up. True, the average people always look for things they know and understand, when confronted with something they don't know or understand. If it helps people invest knowing an illiterate multimillionair boxer, who has been scammed out of millions before, invested in something, great!
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wxa7115
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October 14, 2017, 05:04:20 PM |
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is there a website that deals with international ico's?
There are many websites that deal with icos but I have never seen a website that specializes in international icos, you will have to make that effort yourself and research where the icos in which you may be interested are located, that is not really a great effort especially if we consider the effort you are going to need to do so you can know if the ico is a good one or if it is a scam.
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Shotz
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Activity: 105
Merit: 10
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October 14, 2017, 05:33:16 PM |
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Some easy, first things to look for:
1 Detailed whitepaper 2 Well-known, talented development team 3 Good advisors 4 Community behind the coin
I read somewhere that unless you can find the real address of the founder then it is not worth the risk.
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OriginalBankster
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Activity: 56
Merit: 0
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October 14, 2017, 07:18:04 PM |
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and always make sure that a token is necessary and that it is a benefit if they do their stuff on the blockchain. Nowadays the want to decentralize everything, recently i read about an ICO that want to store 3D-Data on the blockchain. That is just stupid, it would take Terrabytes. It is not an improvement, it is a step backwards.
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runio
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October 14, 2017, 08:28:10 PM |
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Pally ICO - tomorrow., small hard cap around $4 500 000, famous, team, it will be very quick ico..
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Minotus
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Activity: 236
Merit: 100
Presale is live!
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October 14, 2017, 08:55:40 PM |
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Check their site, bounty campaign, facebook, twitter, slack and read their whitepaper.
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BartS
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October 16, 2017, 04:46:17 PM |
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choosing ICO it is important not to forget how many tokens the developer keeps to himself and whether the emission of new tokens
That number is only important if the number of tokens they are going to keep to themselves is very high I remember reading that UNIKOIN backed by Ashton Kutcher and Mark Cuban plan to keep 80% of the coins to themselves and yet they wanted to raise like 100 million that means that out of the gate they earn 400 million dollars, and that in my book is a huge red flag. celebrity endorsements are a red flag to me too I also think that a good project does not make sense to spend money on celebrities, it's better to invest in the project itself Exactly, these are financial services, not coffeemachines or perfumes lol LOL, I agree with both of you guys. Sorry fact though is, a lot of people out there only want to buy something based on whether or not their favorite actor or sports figure wants/has it. So, I can see the advantage in this situation. By using their money to pay a famous person, they are really, really hoping to drive their coin up. What I find surprising is how it is possible those tactics work, are we not supposed to be the hardcore guys using bitcoin even if it is slow and expensive, how can a person invest in crypto this soon and not know anything about crypto, how can the people let themselves so easily influenced by celebrities, if we were talking about a celebrity which was known and had a love for crypto then I could understand, but Paris Hilton and other celebrities have nothing to do with it.
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T.Stuart
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October 16, 2017, 06:19:49 PM |
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Check their site, bounty campaign, facebook, twitter, slack and read their whitepaper.
it is very important that the bounty does not allocate too many tokens, otherwise it will affect the price
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kamudd
Full Member
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Activity: 466
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
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October 17, 2017, 04:04:20 PM |
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just doing some research on some ico that is promising and also often sharing with some fellow investors. I'm sure by doing a lot of discussions with others we will definitely find our best ICO.
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mastadonballs
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October 17, 2017, 04:34:23 PM |
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choosing ICO it is important not to forget how many tokens the developer keeps to himself and whether the emission of new tokens
That number is only important if the number of tokens they are going to keep to themselves is very high I remember reading that UNIKOIN backed by Ashton Kutcher and Mark Cuban plan to keep 80% of the coins to themselves and yet they wanted to raise like 100 million that means that out of the gate they earn 400 million dollars, and that in my book is a huge red flag. celebrity endorsements are a red flag to me too I also think that a good project does not make sense to spend money on celebrities, it's better to invest in the project itself Exactly, these are financial services, not coffeemachines or perfumes lol LOL, I agree with both of you guys. Sorry fact though is, a lot of people out there only want to buy something based on whether or not their favorite actor or sports figure wants/has it. So, I can see the advantage in this situation. By using their money to pay a famous person, they are really, really hoping to drive their coin up. Well, that is the fact, almost "potential" or "famous" or "promising" project are using this method to promote their project. Example recently, I know Centra is one of project used this method, they can invite Floyd Mayweather post a tweet about Centra ICO. And the result is this project completed hardcap very fast but the value of this token after listed on exchange also dumped fastly
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tech72
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October 17, 2017, 05:50:04 PM |
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1. Technology & problem that they are trying to solve (whitepaper) 2. Team 3. Roadmap 4. Total coin supply 5. Website design 6. ..and close my eyes.. try to imagine .. do people still need this kind of technology 5-10 years from now 7. The community
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BartS
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October 20, 2017, 10:47:45 PM |
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Some easy, first things to look for:
1 Detailed whitepaper 2 Well-known, talented development team 3 Good advisors 4 Community behind the coin
I read somewhere that unless you can find the real address of the founder then it is not worth the risk.
All of those are good points but one of the best is to just look and see if the project makes sense, sometimes I read white papers with so many buzz words that try to make it look like it is a very advanced project but when you get to the details you discover that such a project does not need a blockchain, or it has a big competitor doing fine already, such a project is not necessary and it is probably going to fail.
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WSDN
Sr. Member
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Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
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October 21, 2017, 02:19:39 AM |
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Some easy, first things to look for:
1 Detailed whitepaper 2 Well-known, talented development team 3 Good advisors 4 Community behind the coin
I read somewhere that unless you can find the real address of the founder then it is not worth the risk.
All of those are good points but one of the best is to just look and see if the project makes sense, sometimes I read white papers with so many buzz words that try to make it look like it is a very advanced project but when you get to the details you discover that such a project does not need a blockchain, or it has a big competitor doing fine already, such a project is not necessary and it is probably going to fail. I think besides reading whitepaper, watching the introduction video,... you should try to give to the devs some questions about their project. Their answers might help you understand clearly before investment.
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dissgo
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October 21, 2017, 08:13:14 AM |
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I used to check the info about coin from Team, roadmap, total coin supply and the community
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MiBambino
Sr. Member
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Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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October 22, 2017, 07:07:32 PM |
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Recently I found out about Milkcoin simply because I had clicked on 'show unread posts since last visit' when trying to click on the 'new replies to your posts'. It's a great way to find brandnew announcements about ICO's, bounty campaigns, ...
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saulzaents
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October 22, 2017, 07:36:54 PM |
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absolutely hype needed. if you have enough hype in a project you can make money. you can also learn from people how much a project is worth by people. I m joining the telegram and other communication channels. people are what asking? what they are talking about and I follow who answers every question.there is a total of 9000 people in the telegram account of the recently announced QuantStamp project .. what is hype? and how can ? we see how this is done. Who is in the team and go in search. LinkedIn profiles are very important in this regard. Do not be fooled by pictures. the pictures can be changed but the profiles do not lie.should not tell a lie. If there is a problem, you can see it very easily. I searched for people from LinkedIn profiles yesterday in the project called Micromoney. i am ask questions about the project and they all answered. and the profiles were really good. The GitHub codes are very important. If you have some code knowledge then your job is easier.
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Koadharber
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October 22, 2017, 10:16:46 PM |
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absolutely hype needed. if you have enough hype in a project you can make money. you can also learn from people how much a project is worth by people. I m joining the telegram and other communication channels. people are what asking? what they are talking about and I follow who answers every question.there is a total of 9000 people in the telegram account of the recently announced QuantStamp project .. what is hype? and how can ? we see how this is done. Who is in the team and go in search. LinkedIn profiles are very important in this regard. Do not be fooled by pictures. the pictures can be changed but the profiles do not lie.should not tell a lie. If there is a problem, you can see it very easily. I searched for people from LinkedIn profiles yesterday in the project called Micromoney. i am ask questions about the project and they all answered. and the profiles were really good. The GitHub codes are very important. If you have some code knowledge then your job is easier.
If you do have the code knowledge then this thing would really be easy for you same as you said.If you are really a wise and a kind of trader which on fast pace and keeps updated then joining these kind of groups would really give you the advantage since you would able to find out on where a certain community is interested on a certain project.You can assume directly that they are mentioning a particular coin then it would really be a potential candidate.
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cotton ball
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October 23, 2017, 01:27:02 AM |
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I always see the momentum of btc fluctuations first, I only see ICO which has a good project in finance and insurance, besides it will enter the category that is not prioritized because it will be hampered by regulation or sales problem that is not successful with hardcap. This is just a personal choice because there are still many successful projects including tickets.
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