What we need to check before investing in ico?

[orka39]

* Icobench.com
* Icorating.com
* Icobazaar.com
* Icoscanner.io

These trackers are very good for finding ISO on different characteristics - dates started, end dates and so on. But you should not trust their evaluation - very many projects pay the rating. It is necessary to do your own research of the project.

Thanks for remind us not to 100% believe to this site because many project buying rating.
The rating of project and review is not 100% objective.
However, first we can use this site to know the project and second we check other thing

[Lupus Solitarius]

Thank you for you list, it's a very complete one.
The real problem is, of course, that even you check anything you can never be sure, as you can't verify that what they declare is true.

[King Bounty]

You better check the team profile and whitepaper of the ICO.

[Denlv]

Hello!Good post!I have more variants to check out if ico is good..First whitepaper,advisers,idea,i take look,compare the names and surnames  with real,check in facebook or other social platforms and second is compare withepaper info about tge base office location in google maps if all is correct then i claim the ico.

[rlclub]

I would read the whitepaper and business plan to test the integrity of their strategy and execution team.  Look for projects with existing traction in the market with their offering.

Check out the ICO for RLCoin, an enterprise solution for loyalty: www.rlcoin.io.  The product has existing traction with 250 clients and partners in Europe and Asia.

[Ahiaba]

Another thing that need to be added to your factors that need to be considered before one should invest his/her money in an ICO is to take a look the profile of the campaign Manager that promote the project. Recently, a well respected Manager Sir aTriz exposed a project that he was managing their bounty campaign because he is man who don't believe in such lifestyle to make money. And he advice the public not to invest their money in that project.

[GeorgeEden]

Basicaly the first thing to do of my opinion is to check their team members. check their history who are they where they worked before their  in and everything, then you check the whitepaper and i believe if the teammembers are good you will be convinced just from it.

[squesto]

I would usually read the whitepaper to see if the project is interesting / has a long-term viability to it / how much time they have spent and how much momentum the project has going into the ICO. On top of that do some background checks on the team - recently there have been cases of projects with fake profiles / credentials.

[kylekyle2000]

I think it would be best if you first check the market that the ICO is trying to aim to see if it has potential and also check who the admin of the ICO is and research if they are trustworthy.

[stooky]

Hello everybody,

I know mostly people here know what they need to do before investing in any ico but there are still many people ask the same question in different thread specially newbie. They get the answer but in several post which maybe make them a little confusing.

I am not an expert but i could put what i know here. All i know is from reading here in the forum.

Well just start, everything you need to research and make sure before investing in ico project wheater the ico has :

* working product
* Unique or good idea/solution for existing problem or future problem.
* Strong team behind the project
* Strong planning and marketing ability
* Partnerships with reputed company
* good whitepaper and roadmap too
* experience advisor

Edited :
* make sure the idea is different with the exist ico or the old project
* check the supply of the token because it cause the price run

From all mention above, i have 1 thing that is most important in my opinion. That is  ico should have working product because working product can lead the ico would be success ( not 100% success but mostly success ).
Maybe this thread will help you to find working product ico : https://bitcointalk.org/index.php?topic=2451482.0


After you do research about above things, you can check the rating and other detail in below website :

* Icobench.com
* Icorating.com
* Icobazaar.com
* Icoscanner.io

Other source to check popularity of the project is youtube and also this forum.


I know its not complete but i hope it can help member who need it.

Note : your suggestion is appreciate to add the detail above.

Thank you

Edit :

* this is the other suggestion, i know some of them is already mention above but i think this is good to add it here. Thanks

These 5 Things You Must Know Before Investing in an ICO
1 - Is it a Copy Cat, an Incremental Improvement, or Disruptive Tech?
2 - How detailed is the plan? What is the road map?
3 - How developed is the technology?
4 - Who comprises the Team and Advisory board?
5 - Do they really need to raise Why?

What should I do to participate in the ICO?

Very responsible approach to the selection of the project.
To study all possible information on the project.
To communicate with other potential investors at the forums, where information on the project is published.
If knowledge is allowed, then study the project code and its business model.
Assess the risks of investing.

I look at:

1. market cap
2. team
3. idea
4. timing for coin/token ownership
5. exchange listing schedule

It has worked well for ZRX, REQ, TRX, ZIL

[charlystriker]

You better check the team profile and whitepaper of the ICO.

Yes. Before you invest you need check or research about that ICO. Check the market and what project their planning. Read also the whitepaper  and find what is the interesting of that project. And also if the project is the productive and we can earn money. We need to check  before we invest so that our capital will not be wasted and also we can earn a bigger profit.

[peterthegreat]

Check the whitepaper of the ico and always check the team behind the ico. Do not fall into trap of fake icos. Do you invest money blindly into icos because they are very risky if you don't know what you are doing.

[w5pn73]

Check for:

- Realistic goals
- Good tech
- Good trustworthy, preferably known dev team

[prehisto]

The existing product note is important because we can see a lot of projects which did raise a lot of funds but after that their token price is dropping like boobs with age.

I agree on OPs list but i would like to add some more.
1) Idea explanation. It is very important that the project can explain their idea in simple way. If they cannot do it ,they are over complicating things which is one of the reasons why startups fail or they just dont care about the idea and project. KEEP IT Stupid simple.

2) Look for their attitude towards details and graphic design in their project webpage, telegram , bounty and ann thread. it does show that they care about their project.

3) Country. I dont want to induce nationalist discussion. But country / region matters. Economy and regulations differ in regions.

4) In some cases projects already have raised some momey in different way which could be a good indicator . For example IcoPass has managed to attract money from " Horizon 2020" which is not a easy thing to do. In most cases this one will be similar to " existing product" criteria .

[orka39]

Check for:

- Realistic goals
- Good tech
- Good trustworthy, preferably known dev team

Thanks for adding. Dev team is a must before deciding to invest or not and its mention above.
Realistic goal is also very good. If the goal of hardcap is too high, it similar with the high supply and high price. Its not good to invest there.

The existing product note is important because we can see a lot of projects which did raise a lot of funds but after that their token price is dropping like boobs with age.

I agree on OPs list but i would like to add some more.
1) Idea explanation. It is very important that the project can explain their idea in simple way. If they cannot do it ,they are over complicating things which is one of the reasons why startups fail or they just dont care about the idea and project. KEEP IT Stupid simple.

2) Look for their attitude towards details and graphic design in their project webpage, telegram , bounty and ann thread. it does show that they care about their project.

3) Country. I dont want to induce nationalist discussion. But country / region matters. Economy and regulations differ in regions.

4) In some cases projects already have raised some momey in different way which could be a good indicator . For example IcoPass has managed to attract money from " Horizon 2020" which is not a easy thing to do. In most cases this one will be similar to " existing product" criteria .

Thanks also for this. I will add.

[Brunusmagnus]

The real problem is than the succesd of an ICO depends at least 90% from marketing, so any effort is made just to make a proposal that "looks good" and very little attention is given to the creation of a solid product.
So, check anything as you said, but try to verify if what it's claimed is true or they are just empty big words.

[brainitterem]

Personally i think team and product is most important, so i check every advisor and team member with right click and search google picture, checking their social profiles and checking github for product.

[ACcrypto127]

You should do your own research about the ICO before investing. Should follow ICO Facebook and Twitter pages consistantly. Also should read the ICO whitepaper. Don't forget to get ideas from crypto experts.

[Zandar]

It doesn't really matter much what you check before investing in ICO. Every ICO remains a risk, either it pays off or it does not. You can check whatever you want, it still does not give you a gaurantee to how it will go. You can keep checking their updates on facebook, site, tweets and whatnot. You think people always tell the truth? They don't. They tell or show you whatever benefits them best. Only after it hits an exchange that you can really trade them you will find out if it has paid off or hold them if you think they will become more worth. All of the rest ends up mostly a waste of your time.

[ccsang]

It doesn't really matter much what you check before investing in ICO. Every ICO remains a risk, either it pays off or it does not. You can check whatever you want, it still does not give you a gaurantee to how it will go. You can keep checking their updates on facebook, site, tweets and whatnot. You think people always tell the truth? They don't. They tell or show you whatever benefits them best. Only after it hits an exchange that you can really trade them you will find out if it has paid off or hold them if you think they will become more worth. All of the rest ends up mostly a waste of your time.

that's correct , can't guarantee all the ICO is legit, all of them also have a risk while doing our investment, even the ICO is very promising , it's also will run away when ico finished, because I've losses some $$$ in scam ICO, so don't all in your fund in one ICO project, always check their social account update and development progress