wanderloy (OP)
Member
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Activity: 182
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
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January 19, 2018, 03:55:18 PM |
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Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.
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Draguny
Newbie
Offline
Activity: 18
Merit: 0
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January 19, 2018, 03:59:00 PM |
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-Talk to them (Telegram) -Whitepaper -Research google and anything you find -Think about the project with your own logic (realistic?) -Check what they have done so far (Product?) -Check community response -Check token structure (marketcap/bonus/suppy/price) and if that sounds good or hyped Just a few things. Nowadays there are quite a good ICOs to invest in
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speakoo
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January 19, 2018, 04:01:53 PM |
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Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.
Product is the most important factor to me when judge an ico is good or not. Then I will check the team is strong or not. At last I will see the advisor team.
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ghonkz
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January 19, 2018, 04:04:30 PM |
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A good ICO have a good team behind it, try to do little research about it. And make sure you really know what project they devlop
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mamabtc
Newbie
Offline
Activity: 39
Merit: 0
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January 19, 2018, 04:04:52 PM |
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Usually i check them out here - https://www.icoalert.com/I read the whitepaper because I want to see what the project is about. If i see that it might be sustainable or potentially growing in the long-term, then it is a good ICO and i might invest.
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mummybtc
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January 19, 2018, 04:09:43 PM |
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Scam
If the profile of the developers can't be found in public just run the era of hidding and looking to be the new Satoshi, also if the team is saying just give us your money first then we develop. Another thing to consider is the token size the team is looking to hold and the lockin period
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Specialforce
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January 19, 2018, 04:12:26 PM |
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doing your research can know what are the good ICO or scam ICO by doing this you can exclude those scam to those are not and also you can get avoid being a milking cow by reading their white paper and also checking some background information about the dev team
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setifien19
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January 19, 2018, 04:13:00 PM |
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Read carefully all what's related to it ( whitepaper, road map , product/service/problem it tends to resolve , token structure ( as well as the supply ) , and even popularity and acceptableness
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ryjin1007
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January 19, 2018, 04:15:36 PM |
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You need to look every single tiny details they got from whitepaper, roadmap until the project. We the community will be the checkers and determine if the project is a good ICO and lastly be active on the telegram because most of successful ICO's are so very active at the telegram admins are chatting as well as the devs
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klub88
Member
Offline
Activity: 252
Merit: 11
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January 19, 2018, 04:17:42 PM |
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"Good things: - Good team - Popularity - Good famous investors or investors or advisors - Average cap
Bad things: - A team of nobodies, bad or no advisors - Too high or too low cap - No idea, or a non-original idea"
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AlexanderAnthony
Member
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Activity: 168
Merit: 11
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January 19, 2018, 04:19:53 PM |
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Some of the things to determine if the ICO is good or scam is their background, project, partnership, and white paper. And I can proudly say that daneel is a great ICO because it is created an A.I. that will help cryptocurrency investors especially the beginners about what is the cryptocurrency because we all know that some beginners feel overwhelmed with a huge amount of information in cryptocurrency daneel will help you, it is your partner and also daneel.io is in partnership with IBM that is one of the reasons why it is great and as of now even though our ICO haven't released yet we already had 3500 white listed members.
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awazieik
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January 19, 2018, 04:20:19 PM |
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Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.
This is indeed not very easy but i start with looking at the project and seeing whether it solves a problem then i look at the team to see if they are experienced enough to make the project a success
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Javi_Anibarro
Sr. Member
Offline
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
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January 19, 2018, 04:20:39 PM |
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it is very simple, just look at the way they're designing the ann,you will see that they're the good one or the bad one. but do not get fooled by them, even a project with an existing product can scam people, in the past few years ago,we could see that.
for me,it would be better for you to avoid any kind of ICOs, because most of them are shit and nothing good will happen to the investor(most of them).
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kpierce77
Legendary
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Activity: 1540
Merit: 1002
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January 19, 2018, 04:25:21 PM |
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there are many ways to determine it. it is important that you have to research and search for valid data from trusted sources
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wanderloy (OP)
Member
Offline
Activity: 182
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
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February 10, 2018, 12:56:31 PM |
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there are many ways to determine it. it is important that you have to research and search for valid data from trusted sources
Research and spotting Good ICOs aren't effective because everything can be copied and be place in the internet that are too good to be true so I think there are some effective ways on how to figure out which one is better than the other so internet does gives us a lot of resources but most of them are fake and unreliable, isn't it? I just try to prove that the reputation of Social Media and Telegram Channel is one of the effective ways on how to spot scam ICOs, I suppose.
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dongyi17
Full Member
Offline
Activity: 616
Merit: 100
FRX: Ferocious Alpha
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February 10, 2018, 01:31:52 PM |
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When there is many investor, many campaign participants or member, good ICO rating, active telegram, if there is white paper or spread sheet and if their project is well known those are the ways to identify whether they are legit and not scam, study and check them from time to time, and if also their campaign manager is always on update to all that is happening.
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troleybüs
Legendary
Offline
Activity: 1424
Merit: 1001
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February 10, 2018, 01:40:46 PM |
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I check out their whitepaper and website. See who owns it, how many years registered domain etc. If they copy some other project or is project really legit etc. I check team members one by one, also advisors (if they have any). If it's a token I check smart contract, token supply, expected value etc. There are too many things to check if the project is legit or scam.
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anylic
Full Member
Offline
Activity: 278
Merit: 115
GIF by SOCIFI
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February 10, 2018, 01:44:08 PM |
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The first thing to define a good ICO is to rely on the team and the project platform. Then we will identify and track the route of the project. There are many good projects but for some reason the project is delayed. Every project needs time to perfect the product and we need to wait patiently
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Marvell1
Legendary
Offline
Activity: 2590
Merit: 1137
Leading Crypto Sports Betting & Casino Platform
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February 10, 2018, 01:56:10 PM |
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Share your thoughts, experience and techniques on how you determine a good ICO and how to determine the scams.
There were made a lot of answers already. I want only say that after you get an experience in the field of ICO choosing you will improve your intuition at this matter. Sometimes even after a deep research my inner voice influence to my decision a lot.
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