What we need to check before investing in ico?

[Isaackim]

Working product

Market Niche

Marketing strategy

[arctic circle]

I think everyone knows that before investing in any ICO you need to study everything as much as possible. No one wants to risk their money. In this case, the risks are of course reduced, but not completely disappear.

[khichariya1]

I agree that people should know that ico is a one big gamble. One should be very careful in investing in ICO because there are a lot of scammers around the place. We are talking about money here, investing your money and hoping it'll gain is a very big risk for us to take. I'm not telling everyone to stop investing, it is actually a good thing that people are investing because the higher the investment,the higher the profit gross of the company. therefore,your investment as well will gain big amount of profit. Users should choose an ico that they believe will worth investing for.

[Maricurijohn]

The first thing you should check out is the product of the project, the contract, the development team and especially the community, maybe the community will be the deciding factor for you to succeed in that project. Listen to the community talking about the project.

[youngmobi]

Things you need to know before investing are:-
1. Always check there whitepapers and evaluate the projects’
2. Try and analyze if that product has features that can help or solves any current problems that exist in the world.
3. Always study the product, check the team and there website
4.Always follow them on your social media for current news and updates.

[Henry4457]

If you have already invested in ICO, but are not completely sure of it, then it's worth periodically looking into the wallet of the company and watching for it to be not a scam so coins actually come to the wallet.

[Etrilicious]

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.

Check for:

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

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 .

Well said I Dont have anything much to add just you mentioned 
Icobench.com
* Icorating.com
* Icobazaar.com
* Icoscanner.io most of this ico rating site are mostly paid to review a project, so one can't be 100% sure its worth the rating, just have to do a proper research on all.

[nicole74859]

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.

[pedangrusak]

I do see the website and project team, if it seems convincing then learn whitepaper whether it makes sense or not because here is the heart or proposal of the project, and the most important is the roadmap and Supply coin or tokens

[yitzjoe]

I see that an ICO project will be successful or not be a scam with just a few criteria, namely: whether the project team includes competent people and they have to be brave to look at the real face and often provide reviews and open reviews, especially in the form of videos, next whether they apply KYC ( Know your customer) in the case of the customer database and the last is they also have to mention which market listing and who is currently a partner

[belingbanged]

Agree with you. Many projects that roam now also make us improve the level of project selection. Because many failed projects and then considered a scam because the plot does not work properly. This is an important anticipation to take to avoid you from unprofitable projects.

[espellogo7]

Before investing ICO,, check first the website, the team behind the project and the manager info...check also the resources for evaluating ICO then analyze the project if has a potential to benefits..read also the white paper dont forget the roadmap and the supply of coin or tokens..

[docamvan1997]

When i find ICOs, i check:
1. The products of the projects. They must be special, different from others. Maybe they are new technology.
2. Their strength: what makes they're stronger than other ICOs
3. Their weakness: all projects have their weakness.
4. The opportunity: their ideas, solutions, roadmaps,...
5. The threat: other companies in this market,...
That's all i analyse.

[hurikom]

Well picking the privilege Ico is essential on the grounds that on the off chance that you need to get benefit from that ico it should d be effective. So there are some vital focuses to check like; solid group, promising venture, whitepapers, internet based life records and I additionally look on the off chance that they dynamic on wire and how they speak with the financial specialists. On the off chance that every one of them are alright for me I would run with them.

[Ubiaitthoi801]

If you want to see what a good ICO project is. Your first step is to look carefully at the Whitepaper. See who the development team of the project is and whether they are worthy of trust. If they come up with specific roadmaps or analyze them carefully, they will come to fruition and have the potential for long-term development.

[Markscott86]

I try to read more news about the project, what people write about it. It should be clearly understood that there is a lot of FUD news so u should to distinguish where is truth.Check the whitepaper of the ico and always check the team behind the ico. Do not fall into trap of fake icos.

[kicauklaten]

a lot of analysis sometimes often forgotten many people in choosing the ICO. eventually, this also results in yourself when receiving scam. analyzing of the team, the whitepaper and other factors are important and of course at least done to minimize a scam is very common.

[4garret]

before the investment I always see the team that is on ico, I see the team's track record whether the ico they bring is always successful or not and then I see the project that they made for what purpose and then the background.

[Xeyumol]

Well picking the privilege Ico is imperative in light of the fact that in the event that you need to get benefit from that ico it should d be fruitful. So there are some critical focuses to check like; solid group, promising task, whitepapers, internet based life records and I likewise look on the off chance that they dynamic on wire and how they speak with the financial specialists. In the event that every one of them are alright for me I would run with them.

[jrvictor]

If i plan to invest in icc, i always read their whitepaper because it is a great opportunity to find answers to all your question about the project. Then i always analyze their team and roadmap.