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Author Topic: How to Choose a Good ICO  (Read 10182 times)
Tonygold1967
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May 16, 2018, 09:55:52 AM
 #821

visit www.icoguide.com, there are very good ratings and easy to compare different projects.
AlGovorov
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May 16, 2018, 10:08:05 AM
 #822

The most important thing is to check whether the project developers exist at all and check whether it is legally registered in the state in which it was created. If not, don't even think about investing in this ICO.
Horst holl
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May 16, 2018, 11:42:11 AM
 #823

In order to pick the best you should have a little research on the project, go through the road map. Check the worth of its concept in world.
redcandy
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May 16, 2018, 12:43:24 PM
 #824

By studying the project you can weed out most of the projects. Next, you need to understand whether we like the idea and why the blockchain project. I decided for myself that if the project has only an idea and they were able to write White paper and nothing else, then such projects I do not even consider and immediately dismiss. Usually I'm looking for a fully working project
svat83
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May 16, 2018, 04:11:12 PM
 #825

I participate in the ICO for a long time and I am very glad that this exists. To choose a reliable ICO, you need to understand what the organizers want, whether they have a “road map”, and what has already been done. I advise you to enter the ICO not immediately, but after a time when the first steps specified in the “road map " are visible”
septyadf1
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May 16, 2018, 04:16:37 PM
 #826

Basics things you need to check before you invest in an ICO,first you need to check the founder's background,second the team developer's previous successful project if theres any check their credentials,third its product?does this project has any use in real life?any reason why would be choose this over the existing projects like this?and also you may want to check the technology or the logic behind it,lastly the token distribution if is considerable.There are a lot of things you need to check but to lessen chances of ICO failure.
teamcryptonator
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May 16, 2018, 09:22:34 PM
 #827

visit www.icoguide.com, there are very good ratings and easy to compare different projects.
Hmm, if I compare this site against ICOdrops, I do not think this site has more features for bounty hunters and ICO investor than ICOdrops is using at the moment. ICOdrops has many tools to check the hype and the community status in the ICO market. Not only review the ICO projects normally like the site you introduced.

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grknondr
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May 16, 2018, 09:31:34 PM
 #828

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

Even if the forum members tell you how to distinguish an ICO with bright future, you will still need to spend time on choosing an ICO. For example, you have decided to invest to an ICO which works on Exchanges. There are tens of ICOs which work on exchange. You have to spare your time to choose the best for you. In each industry, there are too many ICOs
royale143
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May 16, 2018, 09:40:53 PM
 #829

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

For me, my main considerations are the product itself or the concept. I tend to choose those new concepts as supposed to existing ones or those with similar concepts out in the market already. I do that because I know that people tend to gravitate more on those new products as compared to older ones, and since support is the main precursor for a project to prosper in this market, I try to be careful with choosing those good ones. Another consideration is the objective of the the developers, if I see a well-planned objective where the goals can be realistically met, then that can be a good indicator that the project is good. I sometimes also check the management team, if the management team is trustworthy, that's a plus.

namtran694
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May 17, 2018, 08:41:57 AM
 #830

in choosing a good ICO we should bear in mind the founders of the ICO, if they are trusted or not, to know about their history, the ICO's developers, if the are already have been successful before, and reading and understanding about the ICO's whitepaper.
stasiulman
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May 17, 2018, 09:18:36 AM
Merited by rlm42 (3)
 #831

As a criterion can be taken the experience Digital Rating Agency experts. These points need to be addressed, even if you yourself going to analyze the ICO:
1. How does the project presented- how clear is a description?
2. What is the problem underlying the project? Is it significant for the market, not too narrow or too unclear? What leads to its decision: to the economy growth, the benefits for users or nothing fundamentally does not change?
3. How strong is the competition? Is the new product better than what already exists?
4. Does the project team mention their competitive advantages? Is there a point in whitepaper? And is whitepaper clear on the whole?
5. Does a project need a blockchain and why? Now blockchain seems to be only hype: the new technology immediately receives loyalty points.
6. How is it supposed to do business: where is the project going to receive money and how do they relate to the internal token? How are participants motivated to maintain it in working order?
7. What is the stage of product development? If the project already has a working solution, is it introduced to the market - this is an absolute plus in comparison with theoretical developments even without a minimal working version.
8. How well roadmap developed? The more detailed map and the more accurately the team observes the specified terms, then higher trust to the project. At the same time, the specified stages of work should be significant, reflect significant events / versions / modules and so on.
9. What about token distribution? It is important to improve the product, a sufficient budget for its promotion and maintenance of stability.
10. How many tokens are available for on ICO? How many tokens are supposed to be? Will not this devalue the currency?
11. Do users need a token for using project services? Or it is easier to use the competitor services for fiat?
12. Is the legal information about the company full? In which country will be ICO? Are local laws observed? Are residents of countries in which ICO banned or strictly regulated are allowed to participate?
13. Who participates in the development and which projects are behind it, professional rating?
14. Who are the project advisers? Were authoritative experts publications in media?
15. Have there been closed tenders and solid investments in the first stage?
16. Are partnerships established with major market players? Is such a partnership planned? Can the company's services interesting to other organizations?
17. Social networks value: how many subscribers and views on the project 's official channels (consider the cheating possibility)? The company becomes heard if it participates in thematic conferences, forums.


caocaolatre11
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May 17, 2018, 01:43:50 PM
 #832

 in order to select a good ICO project, you need to do some fairly lengthy information checks. You need to check the team, the idea, white paper and other documents. You should be able to analyze information well and you should have free time for it
kenharry
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May 17, 2018, 02:21:27 PM
 #833

Decision regarding choice of a good ICO is purely personal. The potential investor should vouch the authenticity of the company whitepaper  by detailed research. Team members should be checked.
gr33k
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May 17, 2018, 02:31:42 PM
 #834

it's not that complicated. I think that it is necessary to carefully study the documents of any project in order to benefit

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alex_kir
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May 17, 2018, 02:34:13 PM
 #835

It is necessary to understand in the first place that you can not earn money quickly so you do not need to count on the fact that you will have a lot of money right away, because today many projects are scam. Next, you need to start a fundamental analysis of projects, starting with site visits.
groomsxxx
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May 17, 2018, 02:38:50 PM
 #836

usually white paper has all the necessary information to understand what kind of project. over time, this can be understood on the first pages

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poli.isk
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May 17, 2018, 02:56:31 PM
 #837

good ICO should be chosen carefully. looking at the team, the history of the team, what did they do, who is a guy, the value of their tokens, the number. there are many factors. but I want to say that it is impossible to say exactly, because my friend said that one project will fail, I liked it, in the end, after half a year, the tokens were given 10x. and unknown why he decided that the project is not promising Roll Eyes
cocodanco
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May 18, 2018, 01:32:57 AM
 #838

I suggest you checkout ICObench. It's a site that collates reviews about ICOs and rates them too. They're pretty useful. Smiley Smiley
kenj2939
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May 18, 2018, 10:58:14 AM
 #839

For the first time, I usually see what the content and look of the website look like, and also I usually see from the side of the graph or the interesting images used in introducing their project. Or if the reply response in the thread has been much since the bounty thread has just been created. Then I decided to follow the ICO.
vhoang142
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May 18, 2018, 01:43:43 PM
 #840

Choosing a good ico I prefer is just to check their projects together with their team members and mostly the leader check their previous work capabilities. White paper, road map, website and other useful information that can give us a great idea to be successful, Smiley Smiley
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