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Author Topic: How to choose a good ICO, what criteria?  (Read 794 times)
sollahp (OP)
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February 08, 2018, 07:33:30 AM
Merited by Saisher (1), Bezobraznike (1)
 #1

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!

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BountyKillerz
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February 08, 2018, 08:05:42 AM
 #2

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
wow it's kinda hard for me to choose with those variables. if i use that criteria to join bounty airdrop, i think i will late by months already after the airdrop no longer available.
Cryptominds.Me
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February 08, 2018, 08:36:24 AM
Last edit: February 08, 2018, 08:59:05 AM by Cryptominds.Me
 #3

There are few things, which you should take into consideration, while deciding, whether to invest your money or not:

1. Description of the project
2. The way tokens are being distributed
3.Business medel
4.Roadmap. How long? Which steps and stages?
5.The team per se
6. Media channels, the way they communicate with the audience
7.Investors. A popular fund, which believes in the ICO - a good sign!
8.ICO listing.
9.Detailed whitepaper
10.Smart contracts
weinuogpein0375
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February 08, 2018, 08:42:58 AM
 #4

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
I pay most of my attention to the team members and their abilioty.

palle11
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February 08, 2018, 09:14:20 AM
 #5

From the whole list of OP's catalog, number 10 and 35 are what I look out for first before any other criteria. 35 is very important and it indicates that the team is ready to see there coin through. So, investing with a team that has come up with new technology, maybe by way of separate wallet etc, will make me be optimistic about the coin because they would want to make a name too. I rather dine with such team.
Dany44
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February 08, 2018, 09:19:01 AM
Last edit: September 03, 2018, 12:04:44 PM by Dany44
 #6

I think idea, team, whitepaper, MVP, marketing

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michael shikany
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February 08, 2018, 09:20:37 AM
 #7

However, most of the lists you have listed have been altcoin, which can be traded directly on the exchange.
And many ICO projects use POW mechanism, do not need mining. So there are a lot of things that are not necessary in the back, there is not so much information in the ICO phase.

mr.bitcoin2k17
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February 08, 2018, 09:21:46 AM
 #8

1. Detailed whitepaper
2. ICO listing
3. The team
4. Investors
5. Roadmap

zhangcaisbsbn55
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February 08, 2018, 09:50:15 AM
 #9

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
They are very good but for me I would focus on the team mambers and their history to see if they are able to make it good.

Alex_nutis
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February 08, 2018, 10:22:51 AM
 #10

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!

These criteria are all important. The most significant criterion is the team and advisors. The project can be shit but can collect hard cap. There are many examples: EOS, Throne and more. Ilon Mask sold black caps and flamethrowers or how the stars create their own clothing lines. In addition to the team there are many important criteria, but the team is number 1.

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February 08, 2018, 10:28:56 AM
 #11

These criteria's are very important, but it would take up so much of your time OP, by the time you had decided the ICO is already finished. LOL I guess you need to look on KEY Factors of successful ICO's which are Team, Product, and Community.
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February 08, 2018, 10:35:40 AM
 #12

It is a great list,  but if I always checked on every step, I'd always be late for token sales Grin it is all good,  but there's no need to do So much research.  I can go with max ten of them.

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KingScorpio
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February 08, 2018, 10:37:20 AM
 #13

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!

you poor folks there is no way you will succeed with this bullshit, next successful ico will be the currency of your local community that pays for people that baked bread  Roll Eyes

Thyaga
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February 08, 2018, 10:37:28 AM
 #14

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
What you write is very complicated and takes a long time, tips from me to find the legit ico is to read the white paper, whether they have a product that already works or not, that's all.
jiguqtmay511632
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February 08, 2018, 10:41:44 AM
 #15

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!
I think you are careful enough and you can earn enough money with the ones yuou choose.
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February 08, 2018, 10:52:37 AM
 #16

ICO is just a stage of coin's development, then it becomes another coin in the list among many. I believe people are choosing icos BEFORE the token/coin distribution, since later nobody cares how the coin got released. That is why some of your points don't make much sense. 5, 6 can't be known during ico stage as the coin is not traded yet. Oh, and you say you choose NEO - well, the coin did have an ico campaign, but it was a long time ago, whereas now it is just available on exchanges.

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February 08, 2018, 10:53:27 AM
 #17

The list is comprehensive and a very good check.

For me, the best criteria is how strong the community is. If there is a telegram community with active members more than 5000 people it is a very good sign. Active ICOs also give regular feedback to community and join important crypto meetings, conferences. Secondly, the transparency of the team members and their activity is a must.
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February 08, 2018, 11:10:27 AM
 #18

Steps to evaluate a good ICO:
1 Overall rating (overview)
...
39 Example Name (Alias)


Firstly I wanted to say everything what I'm thinking of that kind of people who is not using search and breeding the hundreds of same topics but then I saw your table 1-39. Well, what can I say? Pretty nice table. We should link all that stone-headed fulls to that thread.
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February 26, 2018, 07:51:00 AM
 #19

I suppose there are too many criteria... I believe there must be white paper (and of course, thoroughly examine it), and it is necessary to "test" the development team whether they are real...
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February 26, 2018, 07:57:37 AM
 #20

Steps to evaluate a good ICO:
1 Overall rating (overview)
2 main page
3 Power Forum (Forum)
4 Transaction Graph (Chart)
5 Trading volume (volume) 24h
6 Scale of investment capital (Market Cap)
7 Price rate
8 Papers proving ... (POS, POW, DPOS)
9 Current Supply (Current Offer)
10 Total supply (Total supply)
11 time a block (s)
12 Master / Supper / Full buttons
13 Mining / Ritual / Havest / Reward
Section / block
15 Budget for finance
16 development teams (development team)
The Elements
18 smart contracts
19 Reward mechanism (Reward)
MultiSig
21 Transaction Fee (Fee)
22 Block size (Blocksize);
23 Purse Purse (wallet)
24 Send Message (Private Message)
25 Inflation (Inflation)
26 Compare crypto with industry
27 WhitePaper
28 Path clearly visible
29 live support (slack, tele)
30 Youtube channels
Social Network (FB, steemit)
32 Twitter channels
33 Blockchain Explorer
34 fully hidden
35 new blockchain / new technology
36 Testnet
37 payment utilities
38 Practical applications
39 Example Name (Alias)
And through the 39 criteria above, I choose AION, ICON, NEO, WANCHAIN, BITDGREE, CURRENT !!

These are criteria on checking if the ICO is good, well. Today everything in the internet can be faked because scammers and bogus individual are now smarter than the legitimate ICOs.
And one thing, AION, ICON, NEO, WANCHAIN, BITDGREE, Current are not ICOs anymore, they're called altcoins today.
Choosing good ICOs through this guide are nothing because in y own experiences, Telegram Channel communities can tell a lot of differences. There are ICOs that has no social communities, stay away from them.





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