How do you screen ICO projects, what do you look at?

[MV7]

One of the first things I look at are the team members, advisory, and partners. Having reputable people working on the project is the most important thing to the project for me.

Next, I look at the roadmap, whether the concept is feasible.

Then I take a look at the reviews, community members, and the white paper.

[Kippah]

It's a good question.  RadioYo just launched our ICO at https://rao.radioyo.fm and we're contacting "companies" that do this type of stuff.  I'm interested in what the Board thinks.

Do you want us to do an experiment of community due diligence and tell you what we think? I think that would be pretty dope idea.

Help me to understand how the ICO investors choose and monitor the ICOs they invest in. If you ever invested in at least one ICO fill in this questionnaire (below). Our aim is to build community due diligence initiative to screen the ICO projects for the community and help you decide which project to support.


https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P

[NikoLove]

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[MartoValenti]

I look mainly few aspects:
1. The idea - is it real and achievable?
2. The team - do they have enough experience or no?
3. The whitepaper from the beginning till the end. It is given to be read. So read it!
4. The roadmap - when will the product be released ? If it is more than year, for me this is problem.
5. The product - is it the product interesting and will it be useful once it is done?

These are the main thing that I check in given ICO before I decide to invest/participate in bounty campaign.

[Boi qaaf]

The ICO review sites filled with all kinds of fraud and are cheating overall. I do not trust any of them on the net.
Looking at team members, advisory, and partners. reputable people in the circle, the roadmap, whether the concept is feasible and lastly the reviews, community members, and the white paper.

[Kippah]

I look mainly few aspects:
1. The idea - is it real and achievable?
2. The team - do they have enough experience or no?
3. The whitepaper from the beginning till the end. It is given to be read. So read it!
4. The roadmap - when will the product be released ? If it is more than year, for me this is problem.
5. The product - is it the product interesting and will it be useful once it is done?

These are the main thing that I check in given ICO before I decide to invest/participate in bounty campaign.

MartoValenti do you have profound blockchain background to evaluate blockchain projects in terms of viability? I would say I have good understanding of blockchain technology (for a layman) but I dont think I could evaluate projects from tech perspective since that requires you to read the code in a profound not superficial way. I guess most of us cannot do it but it is an important  aspect of viability of the project/ So who to rely on in case  you cannot do it by yourself?

[IvyAguas]

When I look in ICO projects I see to it that this project will attracts people who will use them in future time, will it be useful or does the people need it? Because as much as the project is good but cannot attracts the market, I don't think they will earn success from it.

[Road445]

I will focus first on the team members and whether the team is good enough.
But it is important to pay attention to the technical route and white paper of this token.
Finally, see if the project is open source.

[Kippah]

I will focus first on the team members and whether the team is good enough.
But it is important to pay attention to the technical route and white paper of this token.
Finally, see if the project is open source.

Do you also care for project being audited by third party in terms of smart contract?

Help me to understand how the ICO investors choose and monitor the ICOs they invest in. If you ever invested in at least one ICO fill in this questionnaire (below). Our aim is to build community due diligence initiative to screen the ICO projects for the community and help you decide which project to support.


https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P

[binhvo1505]

The way to look at getting a good ICO project is to learn a lot about the ICO project. You need to find out the staff, investors, their business ideas. These are the three criteria you need to check carefully.
You just need to spend a day to be able to look at all three criteria in the most detailed. And one more thing I recommend is not to listen to the rumors from the articles, let yourself learn about that project. That will help you make a smart investment decision.

[DikkieD]

I did the survey.

I find the standard things the most important, but often also take the hype factor into account. Also, high risk ICO's could be very worth the investment once listed. But usually I invest what I can miss, and don't really mind missing it.

[X-ray]

The ICO review sites filled with all kinds of fraud and are cheating overall. I do not trust any of them on the net.
Looking at team members, advisory, and partners. reputable people in the circle, the roadmap, whether the concept is feasible and lastly the reviews, community members, and the white paper.

Only some sites were having a lot of credibilities and did so many audits and community vote before it will be listed in the ico list. Some said the majority of ico sites review was getting paid from the fraudsters to promote the project on the platform. But it makes sense for me. Honestly even cointelegraph doing the same thing with it to earn more money from the fraudsters.

[yanto@1977]

Many of you are asking this question. Many of you spend hours researching new ICO projects, reading forums trying to find the proper information, get the knowledge and make the right move. I am sure you  are already aware that it is not the most efficient way. It takes time and all of us have to do the same ground work over and over again separately.

Of course there are rating websites, which tell us what the best ICOs should be but after reviewing 120 projects myself I had very different views on most of the ICO rated as the best ones.

Of course you can discuss with others on the forum but almost no one there does exhaustive and systematic research on ICOs, so lot of info but may not be relevant or very much biased by one’s opinion.

ICO investors need to protect themselves and unfortunately, ICOs are still largely unregulated so we cannot expect that somebody else will search for and punish “bad apples”.
So we decided crypto community needs a proper Due Diligence project based on the knowledge of you all. We would like to build it from the ground up and we are open to any comments, suggestions and ideas. However first we need to know, how you guys actually screen ICO projects, what you look at and what you maybe neglect. So that we can focus our attention on those things. If you fill in this survey you will help us understand exactly that. We are doing this for the community, to create better, accurate and independent ICO reviews.

https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P

Let’s discuss first how you screen ICO projects and what exactly you look at!

Most people will give you the same answer,such as concept project, road map, hard cap and allocation. But I believe people will not do that anymore, they will replace their trust depend experience only. Experience built from practice and fix the mistakes, nothing else. Learning by doing is more better than wasting time collect ICO information or follow signal. Maybe you're not agree with me but that's what I see and I do that until now.

[Kippah]

Many of you are asking this question. Many of you spend hours researching new ICO projects, reading forums trying to find the proper information, get the knowledge and make the right move. I am sure you  are already aware that it is not the most efficient way. It takes time and all of us have to do the same ground work over and over again separately.

Of course there are rating websites, which tell us what the best ICOs should be but after reviewing 120 projects myself I had very different views on most of the ICO rated as the best ones.

Of course you can discuss with others on the forum but almost no one there does exhaustive and systematic research on ICOs, so lot of info but may not be relevant or very much biased by one’s opinion.

ICO investors need to protect themselves and unfortunately, ICOs are still largely unregulated so we cannot expect that somebody else will search for and punish “bad apples”.
So we decided crypto community needs a proper Due Diligence project based on the knowledge of you all. We would like to build it from the ground up and we are open to any comments, suggestions and ideas. However first we need to know, how you guys actually screen ICO projects, what you look at and what you maybe neglect. So that we can focus our attention on those things. If you fill in this survey you will help us understand exactly that. We are doing this for the community, to create better, accurate and independent ICO reviews.

https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P

Let’s discuss first how you screen ICO projects and what exactly you look at!

Most people will give you the same answer,such as concept project, road map, hard cap and allocation. But I believe people will not do that anymore, they will replace their trust depend experience only. Experience built from practice and fix the mistakes, nothing else. Learning by doing is more better than wasting time collect ICO information or follow signal. Maybe you're not agree with me but that's what I see and I do that until now.

But Yanto do you really have time to do all that screening by yourself as the number of projects increases? While other people are doing exactly the same? Isn't that double spending of precious time?

[Fizpok]

It is done same way we do it for stocks: find the area you are competent in, do a research...

[rickadone]

Those rating websites are full of it and completely unreliable. I always start out checking how much they want to raise cause if it is too much I can move on without wasting time reading everything. If they raise an amount I can stand with then I start looking at their team, if I don't like it then I move on to another ICO. If I like the team I start reading their problem solution or whatever their USP is and then everything else.

Most of those rating websites are busy looking for traffic and some ICOs to pay them before they even add them and it has turned to money making venture than it being a community service. So many of them have been known to list scams before and then end up deleting the rating once they confirm it to be scam and that sucks. It is good the OP is coming up with something like this and I hope they do not end up like one of those rating sites.

OP's suggestion is a very nice one and one that is absolutely needed for investors that are lazy to do proper research on their own. I feel sometimes, a lot of people look for high level of information when they should concentrate on the most important things first and that is where it gets bad. The team in particular is one that is very important to dig up first and if you have that planned out coupled with some other factors to check out, that would be nice.

[Kippah]

Those rating websites are full of it and completely unreliable. I always start out checking how much they want to raise cause if it is too much I can move on without wasting time reading everything. If they raise an amount I can stand with then I start looking at their team, if I don't like it then I move on to another ICO. If I like the team I start reading their problem solution or whatever their USP is and then everything else.

Most of those rating websites are busy looking for traffic and some ICOs to pay them before they even add them and it has turned to money making venture than it being a community service. So many of them have been known to list scams before and then end up deleting the rating once they confirm it to be scam and that sucks. It is good the OP is coming up with something like this and I hope they do not end up like one of those rating sites.

OP's suggestion is a very nice one and one that is absolutely needed for investors that are lazy to do proper research on their own. I feel sometimes, a lot of people look for high level of information when they should concentrate on the most important things first and that is where it gets bad. The team in particular is one that is very important to dig up first and if you have that planned out coupled with some other factors to check out, that would be nice.

Thank you Rickadone, I (OP) have a research background (its my official job actually) so we have high standards on integrity and since money has never been any incentive to me I will make sure that is kept also while the project is being developed. I very much appreciate your comments but if you want to contribute a bit more to this initiative, please fill in my survey. In that way I can collect data systematically and I can prove what investors are neglecting the most and on the other hand what aspects they really pay attention to. The more data the better basis for the project. So please if you havent done yet so, just spare 4 minutes of your time with the survey below.

https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P

Thanks, you are all awesome.

[Kippah]

Question no. 2.

When you already invested in an ICO, how do you monitor your holdings?

How do you follow-up? Do you follow the social media, updates, do you follow whether they go accoridng to the roadmap?

Let me know.

Help me to understand how the ICO investors choose and monitor the ICOs they invest in. If you ever invested in at least one ICO fill in this questionnaire (below). Our aim is to build community due diligence initiative to screen the ICO projects for the community and help you decide which project to support.


https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P

[Kippah]

Help me to understand how the ICO investors choose and monitor the ICOs they invest in. If you ever invested in at least one ICO fill in this questionnaire (below). Our aim is to build community due diligence initiative to screen the ICO projects for the community and help you decide which project to support.


https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P

[bitor]

I read a lot of different ICOs here, on bitcointalk, and usually one of 5 ICOs, that people suggested here is really good.