ico

[cryptocurious18]

what are the ways to check for profitable ico and not a scam ?. how to research ico. any site or person who can give review.

[1715422201]

1715422201

[1715422201]

1715422201

[Garant581]

Email me as private message affinvestor@gmail.com

[handy_hotdog]

I think this is this forum is the best place to find ICO's. I find that review sites usually just take the highest bidder.

There are certain things you can look for, this is what i look for:-

great team - Look at developers, but also on the CEO's and the other parts of the team, regardless how good the concept is, the coin will fail.

White paper - Read the white paper and see if it makes sense. This is the business plan, the roadmap and how the coin actually works and what it is for. If this doesn't make sense, then it is a bad sign

Website / social media - These should be good, updated frequently and wanting to connect with potential investors. If the website looks half arsed, social media is clearly bought and there is no content creation then it's not the best sign.

Finite supply of coins - If there are no numbers, that is a warning. They should have numbers on how many coins, etc

Do they need a coin? - This is the most important, are they creating an altcoin just for an ICO? or do they need a altcoin to make it work?

Currently I am looking at Crowdholding. Good example of the above statements.

https://ico.crowdholding.com

Hope this helps.

[wpalczynski]

I think you should read the whitepaper carefully and check the developper's team first of all.
Then check the announcement thread on this forum because you won't be the only one trying to figure this out.

[CoinSavvy]

There are a lot of websites dedicated to rating ICOs based on different parameters. At the same time, you could visit the website of that ICO, if any, read its whitepaper and do the thorough research in general. It's the only way to be sure. No one will give you any guarantees whether one or another ICO will become profitable or not, and it's only up to you whether to contribute to that ICO or not considering it's your funds and nobody else's.

[beetlejam]

I think the best strategy is to just research as much as possible into a project. I find the more transparent the startup is the more validity it has.

So go through the team, read in detail the whitepaper, get int touch with them and ask questions.

[Blakscorpion]

Start by checking their websites, their social media (twitter... etc) to see if they are active. Then, read the roadmap, and the white paper.

Then check the technology, how many coins will be created... etc
Then you'll have your idea of if it's a scam or not

[Marvell1]

You should make your own research and dig really deep to find good projects and throw out the scam ones. Commonly I use bitcointalk, medium and twitter. Sometimes youtube.