How do you trust new ICO?

[sandarajasmine]

What is the critirea that you guys are looking for a new ICO before you start to invest/purchase their token? Mind to explain?

[1715551311]

1715551311

[kevoh]

Some of the criteria I use in determing an ICO that I will be interested in:

1. Is there any need for the creation of this token? Does the token really need funding?

2. The composition of the team behind the project. I have seen a situation where on checking on the profile of the team members it was discovered that the pictures used were lifted from an already existing project.

3. Studying and scrutinizing the whitepaper. This part is very important.

[mk4]

Do research before asking redundant questions.

Topic: How to spot an ICO SCAM: https://bitcointalk.org/index.php?topic=1678127.0
Topic: How to know if the ICO is scam: https://bitcointalk.org/index.php?topic=1963768.0
Topic: So many new ICO, how to check if it's scam?: https://bitcointalk.org/index.php?topic=2169129.0
Topic: How to find out a legit ICO?: https://bitcointalk.org/index.php?topic=1749996.0
Topic: How to know legit altcoin that offer legit ICO?: https://bitcointalk.org/index.php?topic=1478633.0
Topic: Scam or real ico: https://bitcointalk.org/index.php?topic=2286032.0

[Manuj]

What is the critirea that you guys are looking for a new ICO before you start to invest/purchase their token? Mind to explain?

I will look into their primary goal as a project. They should convincingly answer the question: what is the specific problem in the world that your project is going to address? The how of course is equally vital. They should not just sell the goal, they should also sell their approach. I will also look into the team and their experiences.