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Question: How to choose the right ICO? Is it by..
Team (This includes Advisory board) - 136 (52.1%)
Road map and/or White paper - 44 (16.9%)
Disruptive in nature - 10 (3.8%)
Hype or Marketing - 27 (10.3%)
Size or range - 12 (4.6%)
Business utility - 32 (12.3%)
Total Voters: 261

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Author Topic: How to choose the right ICO?  (Read 7851 times)
Happiest
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December 11, 2017, 05:21:21 PM
 #181

To choose the right ICO, you have to be very watchful. A lot of ICO projects are coming up now, and 40% if not 50% are mere scam.
You need to read more about them, read their outlined stipulated projects, their whitepaper, their vision and most importantly, their developers.
You need to know where the project is based because most countries have banned ICO and any ICO project operating from a country where it is banned is a number sign of scam.
And again, don't just rush into it, monitor it.
PROdotBITCOIN
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December 11, 2017, 05:45:37 PM
 #182

It is very difficult. It is necessary to take into account all the factors and conduct an analysis of each project. Much depends on the development team and on the overall situation in the crypto currency market

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bribed
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December 11, 2017, 06:48:57 PM
 #183

Do your own research! Dont listen to others, because they are most likely to shill the project or to troll it.

Does the project have an MVP?
Does the project have a good team?
Is the project based somewhere with proper jurisdictation and infrastructure?
Is there an usecase for the projects product?
Does this product need the blockchain?

What is your overall feeling towards the project after answering these questions and doing your due dilligence?
Angi
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December 12, 2017, 07:56:39 AM
 #184

I think you can choose the right ico first is the whitepaper if it is good but some are good but they are scammers then the good team and do some research about the ico you want but also sense of it find any answer if the participants inside in the ico you want some new ico are scam and manipulate investor to scam and collect money from them just think before you click.
wklt2002
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December 12, 2017, 09:44:29 AM
 #185

They need to be open about the actions they make, not shady actions
futile-resistance
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December 12, 2017, 12:24:00 PM
 #186

ICO is good should have a clear flow of funds for the ICO, if by no means scam. There should be an experienced team in order for the ICO is not obstructed or sometimes the payoff is not timely
Today the main verification of veracity of an ICO with all certainty and the team. You should check the past of all members and see what influence, collaboration or relationship they have with the community. Also check the proposal imposed by the project make sure it has some purpose or fits into some branch or segment. It is also interesting to read the whitepaper (even though today most coin makers pay anyone to write anything in the whitepaper) to get to know each other better.

About funds as they cited and something banal and that can be easily manipulated, do not be carried away by the amount of money invested in the project.
mouadh
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December 12, 2017, 12:47:57 PM
Last edit: December 12, 2017, 01:18:25 PM by mouadh
 #187

I think to know the best ico befor started you need to read the whitepaper , do some research about the team , look at the name of investor society and look at the road maps .
whaawh
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December 12, 2017, 07:03:33 PM
 #188

I think you can choose the right ico first is the whitepaper if it is good but some are good but they are scammers then the good team and do some research about the ico you want but also sense of it find any answer if the participants inside in the ico you want some new ico are scam and manipulate investor to scam and collect money from them just think before you click.
it is necessary not just to study the information, but to seek more information about the forthcoming Project. The fact is that most of the information that the developers have laid out officially, invented far-fetched for their own good. Therefore, you should always check and recheck, To avoid fraud.
lenovo16
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December 12, 2017, 08:23:58 PM
 #189

You better must know the people behind them.

It is critical to know the nature of the company and the teams behind ICOs. Most of the companies are newly incorporated, but many founders have been around in their respective industries. It is possible to review profiles and search for news and mentions in their prior projects and efforts and also Nitpicking the white paper could prove useful in revealing the details of how their solutions work and what need areas they will be addressing.
Yes , agree . In order to know the right ICO for you. You should know better the ICO that your planning to choose. Before you make a further decision you should already make a research about it. And not just focus on one ICO you need to have a lot of option so incase that the first prospect you have doesnt meet your expectation, then you have your extra that you can also see if it suit with the project you wanted to launch.
ckorbba
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December 12, 2017, 09:13:43 PM
 #190

You better must know the people behind them.

It is critical to know the nature of the company and the teams behind ICOs. Most of the companies are newly incorporated, but many founders have been around in their respective industries. It is possible to review profiles and search for news and mentions in their prior projects and efforts and also Nitpicking the white paper could prove useful in revealing the details of how their solutions work and what need areas they will be addressing.
Yes , agree . In order to know the right ICO for you. You should know better the ICO that your planning to choose. Before you make a further decision you should already make a research about it. And not just focus on one ICO you need to have a lot of option so incase that the first prospect you have doesnt meet your expectation, then you have your extra that you can also see if it suit with the project you wanted to launch.
for today very carefully it is necessary to analyze all information about ico programs, therefore I always pay attention to the Chinese companies. Many times I am convinced that it is the Chinese developers who bring the projects to the end and they have at least a scam.
dubinsky
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December 13, 2017, 11:23:31 AM
 #191

can be seen from the transfer of funds invested for the project at the address given on the wallet page the ICO so as not to be fooled by the ICO scam.
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December 13, 2017, 05:08:28 PM
 #192

I think that the team involved is one of the main thing, because people doing projects and experienced and good people doing good projects
whaawh
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December 13, 2017, 09:23:17 PM
 #193

I think that the team involved is one of the main thing, because people doing projects and experienced and good people doing good projects
but how to conduct research and how to identify fraud or not bona fide developers?
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December 14, 2017, 01:34:11 AM
 #194

If you cannot understand the whitepaper, do not invest.
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December 14, 2017, 05:00:58 AM
 #195

For me it's gonn a be the market and hyped because I need to see whether it gonna earn and a lot of people will be motivated in investing in it because that's what triggers me to do my decision because we are talking about placing our money in some unknown business entity after all so I guess it would be best if we are to take a lesser risk.

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Alexarik
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December 14, 2017, 08:48:18 AM
 #196

Too many ico without do right preparation and market research. All options needed for a successful ICO. Without a great idea even the best team ever won`t do a thing.
Mobshady24
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December 14, 2017, 08:48:51 AM
 #197

I choose team, why? i encountered many ICOs which are good in everything except with their team and after their coins are get listed in exchange all of them fall down. I believe that a strong team is needed for coins to have a good value with these days unlike before were if you show your platform that is good it will have an easy skyrocket price change later on exchanges.

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December 14, 2017, 09:35:33 PM
 #198

I choose team, why? i encountered many ICOs which are good in everything except with their team and after their coins are get listed in exchange all of them fall down. I believe that a strong team is needed for coins to have a good value with these days unlike before were if you show your platform that is good it will have an easy skyrocket price change later on exchanges.

Universa seems to have a good team. Whats your thoughts on Universa?
kaar
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December 15, 2017, 02:50:44 PM
 #199

I choose a good ICO on several factors. The team must have open LinkedIn  profiles.
I always look if the project has a working business. Plus the presence of serious partners.

Good point. Genuine and public social media profiles allow you to evaluate the team and see how serious they are. Of course it's not a must, but a personal touch with the devs is always good.

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December 15, 2017, 02:58:00 PM
 #200

Almost all of the principle of choosing ICO is the same and correct. But there are many cases when choosing a good ICO, as it seems to you, in the end you do not get anything, because somehow the campaign burns out (
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