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January 19, 2018, 10:01:47 AM |
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Here are some common things I look at: 1. Do all the team members exist? - check everyone on the teams linkedin look at their experience and see if its in line with what they do in the ICO. Check if their previous employers exist. ( go beyond linkedin as much as you can, find them on the web) 2. Check total supply and work the ICO price out, see if its a good deal. E.g. if you are paying $2 for a token and the total supply is 800mil then that is not a good deal unless the project is something insanely good 3. Does it need a blockchain? Its a hotword these days and people just do ICOs for the sake of doing ICOs. See what the plan for the project is and if you like it. Basically I only invest into things that I jump of for and keep me awake at night thinking of them 4. How many other people are onboard ? It doesnt help going all in on an ICO with 10 investors, users = value in my mind. 5. BE CAUTIOUS, theres a lot of scams
Theres plenty of other things to consider , but i need to get back to RL work now lol. Im sure the other guys will give some good tips too.
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