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Author Topic: Questions I want to ask any ICO team  (Read 266 times)
TokenSell (OP)
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October 01, 2017, 10:47:08 AM
 #1

Hello everybody!

I decided to make this topic to help any ICO team to ready answer investors questions while they go public.
Right now we are working within a group of people who are analyzing ICOs and are facing situations when team are not ready to answer common questions about their project when we reach them.
So I will post most recent list of questions we come up with for teams and if you have anything to add please do that.

Starting with the project itself:
1. Please describe us in 2-3 sentences what you are doing?
2. Do you have a prototype or MVP that we can test?
3. Is there a video review of the product you are creating?
4. Did you do projects like that before? Any proof?
5. How will you be making money on this product?
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TokenSell (OP)
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October 01, 2017, 10:49:19 AM
 #2

Questions about the team:
1. How many team members do you have right now?
2. Did you work before in any of the projects? Where can we see the results of that project(s)?
3. Do you team members have links to social profiles (linkedin preferable,  portfolios are also good enought).
4. How many team members do you plan to hire in the future?
5. Did the CEO have any experience managing projects like that before?
6. Did your team members attend any blockchain related event in the last 6 months?
TokenSell (OP)
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October 01, 2017, 10:51:51 AM
 #3

Questions about the business model:
1. Does your project have anything to do with blockchain or are you just trying to use the hype around blockchain and cryptocurrency?
2. What is the business model of the company you are building?
3. Do you have clients that are using your product already?
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October 01, 2017, 10:53:12 AM
 #4


Advisors:
1. Why do you have those people in your advisory board?
2. What are the main skill of advisors that will be usefull for you in current project?
3. Did your advisors attend any blockchain related conference so we can see them there?
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October 01, 2017, 10:56:29 AM
 #5

Partners:
1. Do you have any partners that will help you distribute your project or service?
2. Is any of your current partners a potential client of your services in the future?
3. Did any of your partners invest any money into your project already?
4. What type of support do you partners provide for your project?
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October 01, 2017, 10:58:21 AM
 #6

Questions about ICO itself:
1. Do you have hard cap and soft cap?
2. How many tokens will you sell during the ICO?
3. What will happen if you will raise less money than you expect?
4. Are you planning to reach out to US investors?
5. Why should we buy your tokens during ICO and not when it goes to an exchange?
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October 01, 2017, 11:00:39 AM
 #7

The role of the token in your project:
1. Why are you creating a token for your project?
2. Can you project work without your token?
3. Why are you doing ICO instead of selling your tokens directly?
4. Did you already get any support from some well known members of the community who agreed to invest into your ICO?
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October 01, 2017, 11:02:03 AM
 #8

Ways to connect to your team:
1. What is the best way to connect to your team: email, slack, twitter, telegram, any thing else?
2. Who is responsible for investors relationship management in yoru team?
3. Can we contact CEO or CTO directly to ask questions about the project?
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October 01, 2017, 11:04:53 AM
 #9

How do I make money on investing into your ICO:
1. Why do you think the token price will raise?
2. When will your token be on any of the exchanges?
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October 01, 2017, 11:05:59 AM
 #10

ICO reviews already done
https://bitcointalk.org/index.php?topic=2100276.0

Red flags for me not to invest into ICO
https://bitcointalk.org/index.php?topic=2109970.0
reymarkperry
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October 01, 2017, 11:08:29 AM
 #11

Hey. Thank you. Even I not create any ICO but these question is good for me when want invest to any ICO. Saved all your question. I will delete my post if you post more to keep thread simple and beauty

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Ging
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October 01, 2017, 11:11:15 AM
 #12

good topic surly would help a lot
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October 01, 2017, 11:56:17 AM
 #13

Well, I start by scanning the team and their previous projects and reputation. Look at things like did they complete the previous work or left it in between. See what is the problem that they are trying to solve and dig into the whitepaper. Also for me to invest in any ICO, hardcap is very important.

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