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Author Topic: How to Choose a Good ICO  (Read 10113 times)
madushanperis11
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February 09, 2018, 04:38:50 PM
 #401

If you compare few months back and now, number of the promising ICOs have dropped to some extent. In Crypto field or not, when you are going to do an investment, there are lot of things you should do. Take your time, ICOs display messages to urge you to invest, but do not get caught by their traps. There are lot of scammers doing huge campaigns and looks very promising at a glance. You have to take your own risk.
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imteaz
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February 09, 2018, 04:43:40 PM
 #402

These days it is very hard to find a good ICO, you have to read in this forum, whitepaper, check if people are interested in this project or not. Also check their developer, founder and marketing department, etc There are so many scam, i would personally stay away from ICO.

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February 09, 2018, 05:33:15 PM
 #403

The key is to perform due diligence and understand the market, the companies, and their solutions to figure out if they have the potential to succeed and provide ample returns for their investors.
I would highly suggest to "nitpick the white paper". A white paper serves as the company’s pitch to potential investors. As such, it should be well-written and substantial enough to provide compelling arguments on why people should trust the venture with their investments. Also know the people behind them. Team members must display expertise in their respective roles and have proven track records and experience in the industry that they seek to disrupt.





tulpash
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February 09, 2018, 09:11:11 PM
 #404

These days it is very hard to find a good ICO, you have to read in this forum, whitepaper, check if people are interested in this project or not. Also check their developer, founder and marketing department, etc There are so many scam, i would personally stay away from ICO.
Yes, indeed, before investing in ICO it is necessary to conduct a lot of research work, but this is a good way to earn big money. A careful study of the project reduces the risk of scam almost to zero.
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February 10, 2018, 07:48:57 AM
 #405

Apart from the things you listed. You have to consider people wanting to expand business with you, you will check their roadmap, check their competitors, what they have that will make their product.
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February 13, 2018, 10:56:54 AM
 #406

ICO investments is akin to gambling. You can never be 100% sure about getting your money's worth. Just listen to the voice of reason.
Good team is a big plus, like someone who has a ton of experience in blockhain. Or, if the ICO is relevant to some other industry, people with a ton of experience in that particlular sphere.
The other one is results. If people have already put some work in their project, the chance of them abandoning it is next to none. It's too much work to put actual effort into something if youre planning to just grab the money and run.
Thats kinda why I'm so excited about VLB token.
Just... I dunno, use your brains, you have them for a reason.
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February 13, 2018, 11:06:43 AM
 #407

the ico's bench is amazing !! but nothing is re you know..
mr.niwangz
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February 13, 2018, 11:15:01 AM
 #408

For you to find a good ICO visit their website and click on ABOUT US there because you'll find that you're really satisfied with their project so you do not have to work hardthere are ICOs most scams after the project they do not pay at all, so you do some research for you to find a good ICO.

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February 13, 2018, 11:17:42 AM
 #409

Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one.

Which elements I need to consider, the team? the product? the promoting technology? or something else?

Thanks for any suggestions Smiley
The website - the person of any project, and ICO - not an exception. Therefore important to begin project assessment with it. Usually are posted on the website: information on the project, a contact information and the offer to buy tokens.

Description

It is very important to study the official description of the project. In it usually potential investors are told about architecture of the project, the market and risks. Special attention is paid to technical details. Here the project purposes have to be designated, the business plan and also accurately is provided and financing stages are it is clear specified. The purposes have to be logical and achievable. If the official description contains examples of a code or the reference to storage of data, is a good sign. The more technical details, the better.

If the idea is formulated vaguely, or authors abuse terminology to disguise a lack of sense of the message, is a bad omen.

Team

The good team is not less than 50% of success of the project. Therefore it is important that on the website there was information on participants of team, with the detailed description of their experience and a contact information. The project will look it more convincing if some of its participants already have behind shoulders other successful projects in the field of technology a blockchain.

Road map

Besides told above, the reliable website of ICO has to contain the road map describing financing stages what money, and time frames of implementation of the project will be spent for. It is necessary to pay attention to whether answer planned in the road map to the purpose to general purposes of the project, and how really to reach them in the specified terms.

If authors promise to make something improbable in very short time, it has to guard.

Having finished carrying out such research, it is necessary to estimate whether application in this project of technology a blockchain is justified. If it is not clear how the final product will benefit from use of this technology and as will be able to be ahead due to it of competitors, it is better not to be got involved in such ICO.

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February 13, 2018, 11:20:14 AM
 #410

While Going to ICO  read the Whitepaper , Join  ICO Social Media  like Bitcointalk Forum , Telegram , Twitter so you can check how much active admin there and their Response so you can get idea about  project .

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LETme
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February 13, 2018, 11:23:46 AM
 #411

For me personally its very hard to find what good ICO I'm going to join, So what I do is read the white paper, ann thread and checking crowd sale then I asked my friend if that ICO has a potential.
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February 13, 2018, 11:28:30 AM
 #412

First, there is an ANN thread in bitcointalk about the ICO project,A good ICO project will have a ANN thread in bitcointalk
Then follow their twitter and telegram, so their followers can judge whether the project is hot or not.
Then search for the open source code for this project in gtihub.

moonriver
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February 13, 2018, 11:39:09 AM
 #413

It is getting harder and harder to find a good ICO.
Some ICOs with much hype didn't end up with good return.
We have to gather info and analyze it.
Dread Pirate Roberts
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February 13, 2018, 11:47:53 AM
 #414

Myself chose ICO based on its popularity. sometimes if almost all bitcointalks know it and some accounts that look trust also believe I might be in it. more by doing personal research and looking at other proffesional responses
yoyolife121
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February 13, 2018, 07:46:02 PM
 #415

Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one.

Which elements I need to consider, the team? the product? the promoting technology? or something else?

Thanks for any suggestions Smiley
I would recommend you to research on it because when i was also a newbie in crypto i was also scared a little bit because i didnt had the knowledge so i researched alot. I would suggest you to look up to these steps :1. Check the crypto currencies forum page on bitcointalk forums. 2. Search about flashy images and good page setup. 3. Search about transparent team and many more etc.
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February 13, 2018, 09:25:04 PM
 #416

look narrowly more attentively that is offered in ICO and as far as the idea is feasible. pay attention to team. not on raspiarenny faces which introduce nothing in the project but only spend our money. and on real workers who will embody this idea.
Melech
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February 13, 2018, 09:27:40 PM
 #417

When I choose ISO, I look first at the team. All the rest is not so important. A strong team can well implement even a weak project.

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February 14, 2018, 12:18:28 PM
 #418

The are some teams in internet who have really good analitics. You pay them some money, save your own time and they give you good information.
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February 14, 2018, 01:27:10 PM
 #419

i think all of things that you suggest is important to choose a good ICO. however, you can go to forums like bitcointalk.. to read what people think about the ICO

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February 15, 2018, 09:54:18 PM
 #420

I will rather suggest you visit ICO review website like icodrops.com to know good ICOs because they parade a lot of good ICOs over there. It is also important to read the whitepaper of any ICO you plan to invest.
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